FREE EVENT – Preparing Your Business for EU Exit – 25 July – Somerset West and Taunton Council

The Brexit Resilience and Opportunities Group (BROG) for the Heart of the South West is hosting a workshop run by the Department for Business, Energy and Industrial Strategy (BEIS) to offer practical advice to businesses in preparation for leaving the EU.

The Home Office will lead a session on employing EU citizens and the EU settlement scheme; and the BEIS Business Readiness and Intelligence Directorate will lead a session on SME readiness about the nine areas of business activity where a degree of change following EU Exit is expected. To be confirmed is a session run by DEFRA on agri-food considerations post-EU Exit.

To find out more and book your free place please visit: https://www.eventbrite.co.uk/e/preparing-your-business-for-eu-exit-tickets-64594399588

Ahead of the workshop, it is timely to reflect on the findings of a recent Heart of the South West Growth Hub survey. Over 190 businesses responded to the online survey aimed at gathering insights and evidence about impacts of Brexit on local businesses and supply chains.

A large majority, some 62%, said they had not made specific EU Exit plans, with lack of time and capacity to plan cited as key issues for their business.

The survey generated responses from a broad range of industry sectors with hospitality & tourism, food & farming, manufacturing, retail, professional services and education being most prevalent.

Amongst a wide range of issues highlighted, increasing costs, access to markers, lack of clarity on tariffs, security of supply, recruitment and staff retention were concerns for SMEs. BROG and The Growth Hub would like to thank all of those businesses who participated in the survey. These results will be shared with stakeholders and Government Departments in response to any forthcoming consultations.

HM Government has launched a dedicated ‘Prepare your Business for EU exit’ website, with information for both citizens and businesses clearly signposted. There is a simple tool with just 7 questions to answer to get guidance relevant to your business. Prepare your business for Brexit – Find out how leaving the EU affects your business and what you can do now to prepare

David Hynd, Programme Manager for the Heart of the South West Growth Hub said:

“We encourage businesses to look at the resources available on our website and from HM Government in order that they can be best prepared for any forthcoming changes when the UK exits the EU.”

The Heart of the South West Growth Hub has access to information, advice and guidance to support your business to meet whatever challenges and opportunities lie ahead. Find out more atwww.heartofswgrowthhub.co.uk