Businesses can take steps to minimise impact of Brexit uncertainties

With the right strategy and help, businesses will emerge stronger than before, writes Feargal O’Rourke

The UK electorate has voted to leave the European Union. Time will tell as to the full extent of the turmoil and uncertainties that will emerge. Many Irish businesses will need to deal with a new set of circumstances in the years ahead in terms of economic, political and social relations with the UK.

Irish businesses need to consider the implications of Brexit and plan accordingly. Any assessment of the potential implications needs to reflect the uncertainties created by the vote, but in the context that Ireland remains part of the EU with direct access to the huge market that this presents Irish businesses. Our economy is performing at well over the average eurozone GDP growth rate and the majority of Irish CEOs have recently confirmed to us in our 2016 CEO Pulse Survey that they plan to grow revenues in the year ahead.