Tim Sarson, Brexit Specialist at KPMG, UK, downplays the myth that Brexit will not happen and wonders how prepared Swedish companies are for the changes this will entail.
Sweden is a center for many multinational companies. Are these companies ready and well prepared for Brexit? For those companies with operations in the UK who will be impacted by Brexit, there are many things that must be done between now and March 2019.
Tim Sarson leaves us with five key take aways:
1. Keep informed – especially as the Brexit landscape is fluid
2. Understand the pressure points for your business
3. Quantify the exposure to help you prioritize
4. Work on your contingency plan(s)
5 Identify your cut-off point: how long can you wait it out?