With the end of the Brexit transition period looming, businesses must prepare for changes that will impact their business from January 2021. There continues to be uncertainty regarding the future trading relationship between the UK and EU. But there are practical steps businesses can take now to prepare.
Many businesses will previously have conducted thorough risk assessments and contingency planning to identify the key areas of risk to their business in a no deal scenario. Some businesses have already tested many of their contingency plans at previous deadlines or as a result of the Covid-19 pandemic.
Pinsent Masons Advisory Brexit team has created this No Deal Scenario Guide handbook to help businesses preparing for a no deal scenario at the end of the transition period to understand what essential steps they should take to prepare and to mitigate the potential risks that face their business.