# Rouse Partners’ Brexit checklist commended in UK and abroad
Author:  Pal Sinha, Barnali 
Author URL: https://financedigest.com/author/pal-sinha-barnali
Published: 2016-10-26
Category: NEWS
Category URL: https://financedigest.com/category/news
Meta Title: Boost Business Resilience with Brexit Business Impact
Meta Description: Discover the Brexit Business Impact Checklist by Rouse Partners, commended by the Holyrood Forum and Praxity alliance for assessing risks post-Brexit decision.
URL: https://financedigest.com/rouse-partners-brexit-checklist-commended-in-uk-and-abroadhtml

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A checklist produced by chartered accountants Rouse Partners, prompting firms to consider the potential risks posed by Brexit and its business impact, has been commended by political and current affairs think-tank the Holyrood Forum, Edinburgh, and Praxity alliance members worldwide.

The Forum used the Buckinghamshire-based firm’s Brexit Business Impact Checklist during recent briefings to the Scottish Chamber of Commerce and Federation of Small Businesses. And when Praxity – the world’s largest alliance of independent accountancy firms – held its September global conference in Gleneagles, member firm Rouse Partners’ document was welcomed by delegates with overseas clients impacted by the leave decision.

Areas covered include; tax, labour, supply chain and financial [Brexit risks](https://www.financedigest.com/brexit-the-risks-to-the-city-and-fintech-have-never-been-greater.html "BREXIT: THE RISKS TO THE CITY AND FINTECH HAVE NEVER BEEN GREATER"), and firms are asked to rate the impact on their business as high, medium, low or not applicable.

Respondents are also given a range of scenarios to help their decision-making such as;  exposure to tax changes, operating with a UK parent company and EU subsidiaries (or vice versa), recruitment and relocation issues, contingency plans, contracts in EU territories, exposure to exchange rate fluctuations and [data protection](https://www.financedigest.com/how-financial-organisations-can-stay-protected-from-financial-data-breaches.html "How Financial Organisations can Stay Protected from Financial Data Breaches ").

In a bid to help [businesses respond to any changing](https://www.financedigest.com/unitedhealth-to-sell-change-healthcares-claims-business-for-2-2-billion.html "UnitedHealth to sell Change Healthcare’s claims business for .2 billion") economic conditions, downturn action points cover; internal communications, performance management, cash, creditors, pricing strategy, stock management and overhead reviews, marketing and customer relations.

The checklist was [developed after Rouse Partners surveyed clients](https://www.financedigest.com/exit-bee-hires-neil-stewart-as-business-development-director-as-its-client-roster-grows.html "Exit Bee hires Neil Stewart as Business Development Director as its client roster grows") and contacts prior to the 23 June vote, asking them about their biggest concerns. It was distributed within days of the referendum.

Neil Relph, Rouse Partners managing partner, comments: “We wanted to help clients manage their business in [real time](https://www.financedigest.com/how-real-time-data-innovation-is-driving-up-customer-experience-in-fintech.html "How real-time data innovation is driving up customer experience in fintech") rather than waiting to see the impact of Brexit 12 months later and then discuss the risks they face. By encouraging people to [consider the potential risks](https://www.financedigest.com/helping-lenders-address-climate-risk-six-key-factors-to-consider.html " Helping lenders address climate risk: Six key factors to consider") now, they can do something about them to lessen the impact. I encourage all firms, no matter what their size, to undertake a [strategic](https://www.financedigest.com/why-businesses-need-to-shift-their-e-invoicing-approach-from-local-and-tactical-to-scalable-and-strategic.html "Why businesses need to shift their e-invoicing approach – from local and tactical to scalable and strategic") Brexit review of their business.”

Malcolm Warr, Holyrood Forum Edinburgh chair, agrees: “The Rouse Partners checklist is a very useful tool to help [small businesses](https://www.financedigest.com/pakistan-floods-add-to-pain-for-struggling-small-businesses.html "Pakistan floods add to pain for struggling small businesses") assess their specific risks after the Brexit decision. We will be referring to it in our forthcoming post-Brexit referendum briefings in Scotland.”


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