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The last several news days have largely been absorbed with the discussion concerning a single topic: the UK departure from the European Union (EU). The so called Brexit has caused a global political and economical debate which is showing little sign of slowing down.
Beyond the politic and economic points, the average MSP may be wondering, what impact does Brexit have on my business, if any at all. I have provided a few of the more likely scenarios where Brexit could have a significant impact on MSPs, both those in Europe and elsewhere.
European MSPs (or those doing business with European Clients)
Brexit has created an unstable environment with in the European Union. The departure of England from the EU has caused several other EU member states to consider leaving as well. The general political and financial fallout from this is certainly possible to have a negative short term impact on MSPs. Currency fluctuations may make it very difficult for projects, goods and services to flow normally within the European community.
Ultimately, things will quiet down.
Non-European MSPs
For non-European MSPs with no operations within Europe, I don't see Brexit having any real lasting negative impact. Although there may be currency fluctuations negatively affecting MSPs (a stronger US dollar could dampen the sale of managed services to non-US customers), the longer term outlook should not be affected much, if at all.