The full impact of Covid-19 is unknown and comes while the UK looks to reposition its trading network and regulatory landscape following the UK’s withdrawal from the EU on 31 January 2020.
In order for businesses to recover from the impact of Covid-19, and to be resilient going forward they are going to have to navigate a wide range of issues, including:
– Economic – the impact of UK and global slowdown recession caused by Covid-19
– Behavioural – possible changes to consumer behaviours will Covid-19 may change how people behave impacting businesses and operating models differently
– Technology – the rise and pace of disrupting sectors (including the high street) but may also impact business models through AI and data
– Environment – impact of climate change (e.g. extreme weather) and the sustainability response to it.
To help ensure businesses are able to survive the current situation and are prepared to navigate what comes next, we have created a toolkit for businesses in partnership with Grant Thornton to work through with one of our business adviser.
Our team will help take your business through these areas identifying opportunities and steps to mitigate the effects of any risks.
Alongside the economic impact of Covid19, the UK leaving the EU, and is now in a transition period until the end of December 2020 while the UK and the EU negotiate their future relationship. While the details of our new relationship with Europe and countries around the world is yet to be finalised, there are lots of steps businesses can take to prepare regardless.
This is a ‘talk-book’ to help you discuss business resilience and includes practical steps businesses can take across five key themes:
To go through the talkbook in detail with an accredited business adviser and apply the information above to specific scenarios for your business, book a one-to-one meeting below.
This is a free service with no charge to your business.
Talkbook has been created in partnership with Grant Thornton.