Keeping up to date with the current economic situation is a key element of our work at BECS.

This week I attended a World Trade Summit on the Landscape Post Brexit hosted by the Institute of Export and International Trade in London.  It was an excellent event with expert guest speakers in the fields of international trade and commerce covering such diverse topics as currency, international law, insurance, intellectual property and authorised economic operators.

When reflecting on all the advice, knowledge and experience that had been shared, one key phrase kept coming to mind;

‘Fail to Prepare: Prepare to Fail’

Whether you are a multi-national or an SME the message was loud and clear, you need to be putting your plans for post 29th March 2019 in place now!

So how can you do that? First of all, look at your business’ exposure to, what will be, imports from the EU in your supply chain.  Review how your customer’s onward business chain works.  What new procedures do you need to put in place to make the transition to trading outside of the EU as seamless as possible?

The task can seem daunting, but let us help you.  We are holding a common sense, non-political workshop on Brexit and how it effects your business on 1ST December 2017.  This half day session will look at explaining where we are, what the likely outcomes are and most importantly how you can protect your business to ensure that you are still thriving and surviving at the end of 2019 and beyond.

If you would like to attend our workshop, Brexit and How It Effects Your Business, please see our events page.

Remember, Fail to Prepare: Prepare to Fail.

All businesses need a steady flow of cash to keep them operational and solvent yet in a lot of cases this isn’t possible because of outside influences. Even more worrying is the cause coming from the business itself employing poor management practices.

At Business and Export Credit Solutions Ltd we are passionate about helping companies get paid on time. This allows them to maximise their profit margin leading to growth and investment in their business when and how they want without the need for costly finance.

With our unique in house and group training sessions, we can work with a company to analyse their current position and help them put in place tried and tested processes so that they can achieve their business goals.

We are currently offering three bitesize training sessions in September on the role of credit within your business including getting credit management right first time, putting in place an effective credit policy and if all else fails, effective collection techniques.

The courses are held on Monday’s 4th 11th 18th September 6pm – 7p.m. Alnwick (A1 turnoff) Each session is priced at just £15.00 +VAT or book all three for just £40 + VAT.

If you think that Brexit won’t affect your business, think again. By attending our half day courses in December, your business will be better prepared for the possible effects of Brexit by putting in plans to deal with a range of eventualities. We’ll also dicuss opportunities and show you how to explore new markets. Make this course your early Christmas present. Friday 1st December 2pm – 5 p.m. Price £35.00 + VAT.

If you are interested in attending any of these limited place training sessions or simply want to talk to us about your credit and cash flow concerns then please call Nick on 0191 691 1330

Don’t go with the flow – go with your cash flow.