A new online calculator has been launched to allow farmers to see the potential effect on their businesses of various Brexit scenarios.
Developed by The Agricultural and Horticultural Development Board, its aim is to help farmers and growers review their business and remain fit for the future. The calculator allows individuals to input their data and see what effects the various different scenarios might have on their business.
With the tremendous uncertainty still surrounding the outcome of the Brexit negotiations, it is important for farmers to be able to make conscious, proactive and strategic decisions for their business to ensure they thrive in the new market. The new tool has been developed to help farmers make such decisions while seeing what Brexit could mean for their bottom line.
The new tool can be found here.
Please note: This article is a commentary on general principles and should not be interpreted as advice for your specific situation.