Page 5 - Be Ready For Brexit Guide
P. 5

— Do you need to think about employing more people, how will you find the right people, when do you need them by?
— Your customers may also be confused and assume the worst for your stall, their favourite trader. Think of how you can ensure they remain loyal customers:
• Promote that you have same suppliers (or even new suppliers) • Promote your prices and great value
• Make a feature of price consistency
• Promote locally sourced, UK sourced, UK produced etc
• Deliver the same or better service
• Don’t moan, complain or be negative
— Keep up to date on consumer rights and data protection legislation
 For both employment support and customer rights information look at the following Government websites, always sign up for update notifications:
https://www.gov.uk/government/publications/eu-settlement-scheme-employer-toolkit
https://www.gov.uk/guidance/employing-eu-eea-and-swiss-citizens-and-their- family-members-after-brexit
https://www.gov.uk/guidance/consumer-rights-and-business-changes-after-brexit
 PREPARATION —further actions for all traders — failing to
prepare is preparing to fail
There are a number of other aspects of running a successful stall and market business that you should assess in your preparations:
— What will the effect be on my cashflow, buying more stock and taking longer to generate sales?
— Do I need to allow more time for all my admin and thinking about my business, accounts, insurances, tax, VAT, payroll, to name but a few?
— How can I be more flexible and adaptable, so as to react more quickly?
We don’t expect that all of the above will be applicable to all traders all of the time, but some of it will be. Please use the checklist on the back page to see how business- ready your stall is and what actions you need to focus on.
 5















































































   3   4   5   6   7