Impact of Brexit on Small Business in UK

PROJECT PLAN

Table of Contents
TOPIC: IMPACT OF BREXIT ON SMALL BUSINESS IN UK..................................................3
AN OVERVIEW OF PROJECT IDEA...........................................................................................3
PROJECT AIMS AND OBJECTIVES...........................................................................................3
Project aim..................................................................................................................................3
Project objectives........................................................................................................................3
PROBLEM STATEMENT..............................................................................................................3
LITERATURE REVIEWS..............................................................................................................3
TIMELINE ......................................................................................................................................4
Gantt chart...................................................................................................................................4
CONCLUSION AND RECOMMENDATION ..............................................................................5
REFERENCES................................................................................................................................6

TOPIC: IMPACT OF BREXIT ON SMALL BUSINESS IN UK.
AN OVERVIEW OF PROJECT IDEA
Brexit is considered as the decision in which withdrawal has taken place of United
Kingdom from European Union (Hohlmeier and Fahrholz, 2018). Post Brexit situation has
shown that there are certain changes in Britain's trade and regulation in which small businesses
are facing drastic changes (Brown, Liñares-Zegarra and Wilson, 2019). The small businesses are
having limited places by which they are taking raw material and other supplies. Due to
implication of Brexit these small industries have seen different issues in their business
management.
PROJECT AIMS AND OBJECTIVES
Project aim
To examine the impact of Brexit decision on business functions of small businesses
operating in the United Kingdom. A study on Rowlison Knitwear.
Project objectives
 To analyse the concept of Brexit and major reasons behind this decision
 To investigate the issues faced by Rowlison Knitwear in managing business operations
due to the decision of Brexit
 To discern the strategies used by Rowlinson Knitwear to deal with impact of Brexit
PROBLEM STATEMENT
The major problem identified within the research is related with analysing the impact of
Brexit on SME's existed within UK. This has been analysed that due to the implication of Brexit
the small businesses have faced issues in their business operations and supply chain as well. The
LITERATURE REVIEWS
Brexit is considered as the decision taken by UK for withdrawal from European Union.
There were several reasons of Brexit such as economic downfall, sovereignty and political
reasons (De Ville and Siles-Brügge, 2019). There are various issues faced by SME's due to the
implication of Brexit such as loosing of talented workforce, issues in supply chain, issues in
accessing market, customer churn and different others (McGrattan and Waddle, 2020). In order

to deal with this issue Rowlinson Knitwear has used different strategies such as the organisation
have used advanced technologies for managing business functions and at the same time the
organisation is trying to protect their brand image so that customer retention can be increased.
TIMELINE
Gantt chart
Gantt chart is considered as the tool of project management that can be used by the researcher so
that different activities can be elaborated along with their starting and ending point. For the
current project plan the Gantt chart is shown as under: