Manage financial resources to improve performance.
The UK left the European Union on 31 January 2021 bringing a host of changes to the business environment. What does EU Exit mean for your business financially? Managing your financial resources to improve cash flow, access to capital and business performance are essential as you navigate these changes.
You will need to assess the short, medium and long term impact of currency volatility on your business, as well as working capital arrangements and changes to your cost and pricing model with customers and key suppliers.
We can help you access specialist advice and financial support to plan and manage your business’ finances and risks more effectively, build relevant financial knowledge and skills, and optimise your business operations to reduce working capital requirements.
Use the links below to access advice, support and learning tools that will help your business get ready for EU Exit. Our support may be subject to some eligibility criteria.
- Top 10 tips to improve financial management
- Business financing options - an overview
- Financial planning and accounts
- Managing suppliers and payments
- Ensure customers pay you on time
- Business budgeting
- Invoice and payment terms
- Getting paid when exporting
- Equity finance
- Cashflow management
- Foreign currency and exchange rate risks
- Price your product or service
- Identify potential cashflow problems
- Letters of credit
- UK Governments tax information and impact note for the UK tariff 2019
- EU Exit webinar - Northern Ireland and Customs
- Cash flow management tutorial
- Coronavirus Business Interruption Loan Scheme
- Business direction tutorial
- Commercial contracts tutorial
- Export finance tutorial
- Northern Ireland business support finder
- InterTradeIreland EU Exit tariff checker
- Access the UK Trade Tariff