Evaluating Brexit's Impact on SME Growth: Educ8 Group Case Study

This project investigates the impact of Brexit on the growth and development of Small and Medium Enterprises (SMEs) in the UK, using Educ8 Group as a case study. The research assesses the effects of Brexit on SME performance, the potential for improved performance, and the overall influence on profitability. The analysis includes data from 20 respondents at Educ8 Group, revealing that a majority believe Brexit has negatively impacted performance, while also acknowledging the potential for future benefits. Furthermore, the study explores the perceived increase in the number of SMEs post-Brexit and evaluates the overall impact on the organization's performance and profitability. The findings suggest that Brexit has significantly influenced the operational landscape for SMEs, prompting a need for strategic adaptation and risk mitigation strategies. This analysis provides valuable insights into the challenges and opportunities facing UK SMEs in the post-Brexit era.

SME PROJECT
Aim:
“To identify the impact of Brexit on growth and development of SME's in UK. A case study of Educ8 Group”
Objectives:
 To identify the impact of Brexit in UK.
 To analyse the importance of SME's in UK.
 To evaluate how Brexit can influence the growth and development of SME's in UK.
 To provide proper recommendations to mitigate any risk factors of Brexit associated with functioning of SME's.
Theme 1: Yes, Brexit have impacted performance of and SME like
Educ8 Group.
Have the Brexit impacted performance of the
Educ8 Group? Frequency
Yes 18
No 2
Yes No
0
2
4
6
8
10
12
14
16
18
20
18
2
Frequency
Interpretation: As per the research process that is been carried out within
the Small medium organisation, Educ8 Group to identify the impact of
Brexit on growth and development of SME. It states that out of 20
respondents, 18 individuals favoured the fact that Brexit have affected the
performance of SME's in UK while 2 individuals denied the fact.
Theme 2:Yes, Brexit will help in improving the performance of the
selected SME
Do you think Brexit will help in improving the
performance of the selected SME? Frequency
Yes 16
No 4
Yes No
0
2
4
6
8
10
12
14
16
18
16
4
Frequency
Interpretation: Based on the interpretation this can be said that among the
20 respondents at Educ8 Group, 16 respondents said that operations related
to Brexit have played a very important role in the setting up of the growth
and development measures of the SME's within UK. On the other hand,
remaining 4 respondents have denied these benefit of Brexit on SME.
Theme 3: Yes, number of SME’s has increased in UK to a greater
extent after Brexit.
Do you agree that in post Brexit phase,
number of SME's have increased in UK to
a greater extent? Frequency
Agree 15
Disagree 2
Neutral 3
15
2
3
Agree
Disagree
Neutral
Interpretation: The data assessment process that is been carried out at the
selected SME have lead the researcher at the organisation to identify the
information that out of 20 respondents participating within the research
process carried out at Educ8 Group, about 15 respondents agreed to the
point that number of SME's have increased to a greater extent after the
Brexit while 2 respondents denied to this factor. The remaining 3 people
were not sure about it.
Theme 4: Yes, Brexit has affected the overall performance and
profitability of and SME like Educ8 Group.
Do you agree that Brexit has affected the overall
performance and profitability of and SME like
Educ8 Group? Frequency
Agree 14
Disagree 3
Neutral 3
14
3
3
Agree
Disagree
Neutral
Interpretation: the data assessment and evaluation process which is been
carried out at the organisation states that Brexit will help in improving the
performance and profitability of the organisation. Out of 20 respondents,
about 14 respondents agreed to it while 3-3 respondents have either denied
the fact or were not sure about it.