Small Business And The Impact of a Possible Brexit

by Magical Penny on June 15, 2016

The talk of the nation right now is ‘Brexit’. Should the UK exit the European Union or remain. We will all have a chance to vote on Thursday 23rd June. But which way? There is a lot of scare stories in the media and some are finding it hard to make a decision on which way to vote.

The impact of a possible Brexit is already having repercussions. There’s a lot of uncertainty about the outcome and that is something the investment markets do not like. If you have investments in the UK FTSE100 you may want to ignore your investment accounts right now, as the markets are responding to the uncertainty.

Here’s today’s chart:

ftse100

 

As a long-term investor you should not be worried about the recent falls – this is what you should expect from the stock market over the short term.

The FTSE100 chart shows the fortunes of the largest 100 companies in the UK. But what about the thousands of small businesses that are the powerhouse of the British economy?

How will small business be affected by a Brexit? The infographic below explores the predictions and forecasts of what business will be like following the results of the referendum next week.

 

Brexit Infographic: EU Referendum Guide for Small Business

Brexit Infographic: EU Referendum Guide for Small Business by Boost Capital

 

What do you think? Do you know which way you’re voting?

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