The Effects of Brexit on Small Business and E-Commerce in the UK

Verified

Added on  2020/07/22

|18
|4005
|29
Project
AI Summary
This project delves into the multifaceted impact of Brexit on small business enterprises and e-commerce within the UK. It begins with a self-evaluation and SWOT analysis, followed by an examination of structuring writing and data analysis related to Brexit's effects. The project explores the positive and negative impacts, including changes in trade, employment, and business opportunities. It analyzes the economic challenges and potential for growth, and how businesses have adapted. The project includes an evaluation of sources, synthesizes key ideas from different articles, and presents findings on the impacts of Brexit on the UK economy and small businesses, highlighting the need for adaptation and strategic planning to navigate the changing economic landscape.
Document Page
Impact of Brexit on Small Business Enterprises and E-
Commerce.
tabler-icon-diamond-filled.svg

Paraphrase This Document

Need a fresh take? Get an instant paraphrase of this document with our AI Paraphraser
Document Page
Table of Contents
INTRODUCTION...........................................................................................................................1
SECTION 1: PORTFOLIO EVIDENCE........................................................................................1
Week 1. Self- evaluation checklist..............................................................................................1
Week 1. SWOT analysis.............................................................................................................3
Week 2 Structures Writing..........................................................................................................4
Week 2: Structuring writing essay..............................................................................................5
Week 3: Analysis Data of Brexit................................................................................................6
Week: 3 Interpretation of Analysis Data.....................................................................................6
Week 4: evaluate the sources and critically with the text. .........................................................7
Week: 5 Synthesises....................................................................................................................8
Week 7: Presenting Assignment ................................................................................................9
Week 8: Marketing Criteria......................................................................................................10
Week 9: Post Presentation reflection .......................................................................................11
Week 10: Self evaluation .........................................................................................................12
SECTION 2 ACADEMIC WRITING...........................................................................................14
Essay.........................................................................................................................................14
Conclusion ....................................................................................................................................15
REFERENCES..............................................................................................................................16
section 2 Reflection...................................................................................................................16
Document Page
INTRODUCTION
SECTION 1: PORTFOLIO EVIDENCE
Week 1. Self- evaluation checklist
Skills Do not
know
about this
Find this
difficult/
can’t do
this
Can
partially
do this
C
an
do
th
is
w
ell
Looking for
information
Identify which books/journals/websites to use
Select relevant parts of a text
Evaluate sources
Using sources
Acknowledge sources of information
Synthesize information from more than one
source
Write a reference list correctly
Avoid plagiarism
Planning/
writing
Brainstorm ideas
Plan written work
Link ideas effectively
Paraphrase & summarise ideas
Write an introduction
Write a conclusion
Critically edit written work
Document Page
Independent
study
Work independently (without lecturers)
Work as part of a (study) group
Oral
presentation
Give a presentation on my work
Brainstorm ideas with peers
Discuss written work in a tutorial
Deal effectively with questions
IT
Access the internet
Use search engines
Create word documents
Use PowerPoint
tabler-icon-diamond-filled.svg

Paraphrase This Document

Need a fresh take? Get an instant paraphrase of this document with our AI Paraphraser
Document Page
SECTION 1: PORTFOLIO EVIDENCE
Week 1. SWOT analysis
Strengths
I have good technical skills
I have good presentation skills and
good computer skills as well.
I have good understanding power.
I have good intellectual skill.
I am innovative and creative
My confident is my skill to manage
uncertain situations.
Weaknesses
I am not sure about the political
changes.
Hacking
Uncertainties.

Opportunities
Technologies
Flexible nature
Single and talented.
Threats
Lack of time.
Competitors.
Rival companies.
Heavy Competition level.
Justification to over come from the weaknesses and threats.
I need to learn some more techniques and management skills. It helps me to overcome
from the problems. Along with that, t need to attend some management workshops to enhance
my knowledge. It gives me new power and strength to compete with others. Besides, this I will
need to adopt some leadership skills, which helps me sustain in the competitive environment and
get updated from the new changes. Ion order to that, I will need to develop skills of reading
newspapers, watching new channels etc. it gives me new learnings and knowledge about the
Document Page
external environment. I need to have words with others who are well successful in their life, so
that I can learn something different.
Week 2 Structuring Writing
1. Introduction
Britain has leaved the European country due to Brexit. During the time of Brexit UK
organisation face many challenges. This report is based on the impacts of Brexit and their
effects on the UK economy. During this cries time the main highlighters was Government,
Private companies and public. At that time companies doesn't have business to run. This
happened arise crises situation in the UK. Present report is based on the impacts of Brexit in UK.
2. Discussion
Globalisation is the important factor of the economy. At the time of Brexit, UK country
face many positive and negative impacts After Brexit, there has introduced new trade of business
which increases the import and export of the firms. In this situation many of the business have
chance to expand their business growth. This increases the profit revenue of the firms. Apart
from this, many of the employees lost their jobs and get unemployed. Due to this changes
economic conditions was not good. Brexit has give opportunities to the entrepreneur to come
into the market and free trade agreements. This condition give opportunities to new business.
Brexit give opportunity to expand the business at global level. On the other side they have
opportunity to shake hands with other countries as well for business growth. This is the major
chance of Brexit. This situation enhances the employment opportunity in the country. This
increase the stand of living and give chance to earn good money. It also helps people to live their
life easily. Furthermore, it gives new possibilities to the businesses which situated in UK.
3. Discussion
In the time of Brexit. It is important for the organisation to manage their business.
Business also reliable to among their business in corrective manner. Many of the person have
loss their job in Brexit when EU leave from Britain. Initially UK face big issue regarding every
thing. In initial times company will not have right to make agreement with the other countries.
Due to these negative effects people were not able to manage their daily expenses. Due to which
economic condition of the country will go down. But after long time. Brexit has support to the
government in making new trades and business and also may start the business into other
Document Page
countries. They got chance to sale their products and services out of the country. This happens
give big chance to earn more profit, When new business have started in the country along with
that, new jobs are also come by which unemployed person get employed. This gives positive
impact on UK economy and people leaver their life smoothly. It also helps to rise foreign income
in the county.
From the above discussion it was concluded that Brexit gives positive and negative
impacts to the country. Current situation is now well maintained in terms of business. It builds
strong relation with the partner countries and earn good amount of income. It gives flexibility in
trading,. Develop economy, job opportunity, better standard of living. Along with that business
expansion. Import export.
4. Conclusion.
From the above discussion, it was concluded that Brexit impacts give great changes to the
economy. In terms of growth and opportunities to e-commerce . It also gives new changes in
business and impact on UK economy. It gives opportunities to small business that they start their
venture into another country. It helps business to make their business better. Brexit impacts on
the economy is positive and negative as well. Britain needs to expand their business
opportunities with other countries so that its economic conditions get improved.
Week 2: Structuring writing essay
Planning
Week 1 2 3 4 5 6
selectio
n of
topic
Set aim
and
goals
Collecti
on of
tabler-icon-diamond-filled.svg

Paraphrase This Document

Need a fresh take? Get an instant paraphrase of this document with our AI Paraphraser
Document Page
data
Analysi
s of the
data
Finding
and
conclusi
on
Final
submiss
ion
Globalisation
Brexit givers opportunity to expand their business in other countries
and increase job opportunities in UK. On the other side Brexit impacts
on the small scale businesses.
Organisational management
Brexit helps to improve the business opportunities and helps to earn
more profit revenue. Through which company adopt new technologies
and advanced working tool to enhance their quality of management.
Document Page
Week 3: Analysis Data of Brexit.
Week: 3 Interpretation of Analysis Data.
On the basis of Presenting data. It was concluded that Brexit has increased the mergers in
the nation. Through which consumer spending power will reduce. According to the graph it will
explain the spending power, number of mergers, hiring and capital expenditure in the country.
On the basis of this graph company performance will measure easily After the Brexit private
companies have opportunity to expand their business and earn high profit. This happened
increases the economic opportunities of the country. It makes new standards and performance
level. Along with that Government make legislation for new investors so that they provide
flexible environment for easy working. With the help of this job opportunities has been
increasing. Due this changes purchasing power of the individual will increase the performance of
economy After the changes UK become the strong country in the world.
Week 4: evaluate the sources and critically with the text.
Resource type:
(book, journal,
video)
&
citation/referenc
e
Text A Text B Text
Authority This website talk about the This website discussed This website
Document Page
planning process of the
Brexit. Along with that it
has discussed about the risk
analysis of Brexit and their
recruitment proposition.
https://www.cipd.co.uk/
news-views/brexit-hub/
workforce-planning
about the Brexit
impacts on the
economy of UK. On the
other side what changes
they made on HR
policies.
http://
www.hrmagazine.co.uk
/article-details/what-
brexit-means-for-hr
discussed about
the impacts of
Brexit on
business
organisation.
https://
www.ft.com/
content/
70d0bfd8-d1b3-
11e5-831d-
09f7778e7377
Currency Pound Sterling Pound Sterling Pound Sterling
Content Content of this website is
good. It helps to identify
the real situation in UK.
This helps to make
aware about the HR
policies during the
Brexit.
This website
discussed about
the different
positive and
negative impacts
of Brexit.
Accuracy It is perfect. It is quite Accurate. it is quite
Accurate.
Audience This information will
definitely attract audience.
This information will
definitely attract
audience.
This information
will definitely
attract audience.
tabler-icon-diamond-filled.svg

Paraphrase This Document

Need a fresh take? Get an instant paraphrase of this document with our AI Paraphraser
Document Page
Further notes/
comments
This website is good
enough to find data.
Best for getting
information.
Good for research
purpose.
Week: 5 Synthesises
TASK A
(CIPD) 2017
This is related to the management planning. In order to minimize the risk. Organization
needs to adopt some technologies and ideas to improve the performance. Furthermore, it will
also make new business plan so that it helps to overcome from uncertain situations. Along with
that they also need to make good HR policies for enhancement of quality of performance. Role
of manager and leaders plays a very important role. It helps to give ideas and proper guidelines
to improve the performance.
Task B
Key ideas
This article discuss about the impacts of Brexit. That during initial times. People lost their
jobs and got unemployed. For that HR consulate needs to make some new changes so that people
get their jobs again and make strong HR policies. This helps to improve the skills and knowledge
which helps to retain the talented employees in the organisation.
Task C
This article focus on the impacts on business organisation. In initial times impact of
Brexit was not good. But later on they provide many opportunities in terms of business growth.
This increases the job opportunities as well.
Week 7: Presenting Assignment
Impacts of Brexit on small businesses and e-commerce
Introduction
Document Page
Brexit impacts are positive and negative as well. It affects UK economy in great extent.
Report will show the highlighters of Brexit impacts on the organisation. Apart from that Brexit
impact on small businesses and commerce as well, When Brexit comes into action in Britain
many changes has been occurred like small businesses. Brexit marks an opportunity for small
scale businesses. In the time of Brexit. They create many questions for the small companies they
even don't know where they stand in the economy. Besides, it gives many opportunities to
business especially online businesses.
Positive impacts
Give new business expansion
Provide job opportunities.
Strong economic growth.
Negative impacts.
Job regression
Limited growth
Restriction in business expansion.
According to the above discussion Brexit has their own pros and cons in terms of
business organisation(Archick, 2016). Initially they impact on the UK economy badly, later on it
gives new opportunities to the business. It helps to enhance the job opportunities in the country.
This increases the purchasing power of the individuals.
Conclusion
According to the conclusion it was concludes that Brexit impact on peoples lives and has
change all situation. On the other side it impacts on business growth in terms of limited
expansion. But after some times it has change and give new sources of working. Brexit also
gives many great opportunities for online businesses to enhance their growth and profit revenue.
Recommendation.
Government of UK needs to make new strong policies for Companies, so that they work in
flexible manner. Along with that, it needs to initiate trade in other countries as well.
References
Archick, K., 2016. The European union: Current challenges and future prospects. CRS
Report. 44249.
chevron_up_icon
1 out of 18
circle_padding
hide_on_mobile
zoom_out_icon
[object Object]