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Impact of Brexit on SMEs in UK

   

Added on  2023-01-12

9 Pages2452 Words57 Views
Project
1

Contents
INTRODUCTION...........................................................................................................................3
LITERATURE REVIEW................................................................................................................4
RESEARCH METHODOLOGY....................................................................................................6
REFERENCES................................................................................................................................9
2

Title: To investigate the impact of Brexit on Small and medium Scale enterprises in UK. A case
study of SME in Birmingham
INTRODUCTION
The research proposal adopts UK perspective to examine the potential impact of Brexit for
UK small and medium sized enterprise. Small enterprise is core part of UK economy which
always accounting 99% of multiple firms and 60% of private sector. As per evidence, it suggests
that Small and medium scale is impacted by uncertainty that provide limited resources as well as
resilience for unexpected shocks (Wardrop, 2020). Brexit is become highly salient which always
increasing uncertainty around trading so that may Small based firms face challenges in global
world. Through human resource and financial constraints which become difficult for small,
medium scale enterprise to undertake for planning. It helps for dealing with condition and
situation of Brexit that may effects on overall business profitability in global world. For
Example- British industry which always fewer on the small enterprise and also undertaken
planning for Brexits. However, it become extent to small business that are directly impacted by
Brexit. Sometimes, it depends on the final terms in UK where how European Union handle
critical situation in business sector.
The report provides brief idea about potential impact of Brexit on UK small and medium
scale business which will arise policy issues. Especially, when it will be investigating about the
Small business concern about Brexit on the basis of geographical location, size and firm
orientation (Bhusal and Wang, 2019). The growth-related plan always affecting to small
enterprise through Brexit, scaling the overall capital investment, exports and innovation. It also
analysis the framework and support entire mechanism that suggest for post-Brexit. SME and
MSE are likely to face challenge related finance, raw materials, labour input and also increased
regulatory barriers.
Aim: To investigate the impact of Brexit on Small and medium Scale enterprises in UK. A case
study of SME in Birmingham.
Objective
To determine the impact of Brexit on small and medium scale business.
To analyse role of SME in UK economy
To recommend that overcome challenges of SME and MSE through Brexit.
Research Questions
3

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