Brexit has already been delayed, will we see a further delay from the due departure date of the 31st of October at 11pm ?
With parliament and the UK government at loggerheads regarding brexit this makes preparing your business for when we leave that bit more difficult. Certainly if you import or export to the EU you will have already started preparing for any changes but until a deal is ratified the impact of any changes to how your business is run cannot be accounted for.
Although a clean break brexit is unlikely given parliament has essentially blocked all avenues on this happening it is by no means guaranteed the UK will leave with a deal. The EU has granted one extension and will want to see real evidence that the matter can be concluded by means of a general election or second referendum. Put simply the EU has other matters to deal with and brexit is taking up too much time on their agenda.
The uncertainty is affecting how some businesses are planning for brexit in general. The government has set up a website aimed at helping businesses that feel they will be affected by brexit, you can visit the site here https://www.gov.uk/business-uk-leaving-eu
There will be a number of businesses indirectly affected who do not directly import\export to the EU but have working relationships with businesses that do. If the UK leaves with a deal initially little will change because there will be a transition period, it is during this transition period that the UK will negotiate trade deals. Once these trade deals have been approved preparation would start on preparing UK businesses for the upcoming changes.
Preparation is the the key to success and it would be worth getting ready for a no deal brexit in the event the EU refuses to grant an extension. With that said the government will be stepping up it’s no deal preparations and it would be worth keeping an eye on any official government advice in your market, just in case.