Brexit’s Impact on Online Retail

While we’re still a bit unclear on Brexit’s full impact, it is sure to change the way people do business. This infographic from 2flow.ie analyses the impact Brexit could have on online retail and it is predicted to have a devastating effect. Retailers need to be ready is the main message from the infographic and they need to assess how all areas of their business will be affected.

Are all your workers from the UK and will any of your workers be affected by Brexit? Can your company cope financially with the impact of Brexit? Interestingly, depending on your company, there may even be an opportunity for you to take advantage of all the upheaval.
 
The key takeaway is that you need to be proactive and not reactive when it comes to Brexit’s effect on your business. If you wait to see what the impact will be, your competitors may be the ones who take advantage.
 
 
 
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