Brexit and small/medium businesses

Immediately after the result of the referendum was announced, I started a thread with something like "OK, the result is in. What do we do now?" but I have yet to learn any answers to the question.

There has been a lot of weeping and wailing and gnashing of teeth, a lot of blame and recriminations thrown in all directions, but there doesn't seem to be any plan of "How to move forward once the deed is done" None from either major party, none from the most active and vocal political posters on Gransnet. Is everyone expecting the apocalypse after Brexit? Or that the future will magically settle itself?

I'm surprised that non of Gnet's Small Business owners have responded to this topic. They must be more aware of what is, or isn't, being done than most of us..

Have we heard any hints (from either party) that after Brexit they will be assisting businesses to cope with paperwork and cash flow? With export campaigns to replace the trade they are likely to lose? With arranging and funding apprenticeships to replace skills which will be depleted if trained workers vote with their feet? What kind of assistance would be possible? What do other countries' governments do to support their SMEs?

Their paperwork, if they export/import will increase enormously. Cash flow will also become problematic, so measures to address both of these will be appreciated.

So what measures would be helpful to these small and medium businesses in distress?

It is all the border control that will be avoided. The ferry sounds extremely sensible.

Every industry sector in Yorkshire seeing rise in business distress

The number of businesses across Yorkshire showing increased levels of distress is on the rise, according to research published by Begbies Traynor.

The data highlights that the number of firms with financial problems has escalated both year on year and quarter on quarter by the end of 2017 across every industry sector.

The quarterly Red Flag Alert data, produced by business rescue and recovery specialist Begbies Traynor, reveals that in Q4 2017 ‘significant’ distress levels among Yorkshire businesses climbed by 31% compared with the same three months in 2016, affecting 29,744 businesses.

The region also saw a quarterly increase indistress of 9% on Q3 2017.

Across the UK as a whole distress levels are rising even faster, with a year-on-year increase of 36% in Q4 2017, and distress now affecting almost half a million British businesses.

theres a new ferry route from Ireland to Spain to avoid the UK when Brexit arrives.Seems they think travelling through the UK will cause holdups and cause problems .Might see if I'm eligible for an Irish passport ...lol

And if we haven't, have we any suggestions for them? (keep it clean, now!)

Have we heard any detailed plans from Theresa May or Jeremy Corbyn about backing small and medium firms? Or are we going to get all our employment and tax income from the global giants (if they stay)?

Well, what other reaction can there be?

By the time the tories have finished dishing out bribes to keep businesses. and farmers, and, I expect, fishermen, happy about Brexit the country will be bankrupt any way.

But there might be a lot more jobs created for filling in all the extra paper work that exporting as a 'third country' will generate...

Oh Maizie- you are awful- but I like you ;)

Does anyone know what is being planned both in financial and in operational terms by either of the political parties to help them survive the coming Brexit earthquake?

It's there in the news story, isn't it?

A UK Government Department for Exiting the EU spokesperson said: "We are engaging extensively with businesses and organisations across the country - including our important SME sector - as we seek to secure a good deal with the EU that works for the whole of the UK.

So lets not worry our elderly feminine heads about this; the DExEU are onto it...

And, of course: we are confident of negotiating a deep and special economic partnership.

Good post Elegran, all we hear is of the public sector workers