You must take steps NOW to start preparing for the new NORMAL
Your Business Recovery Plan
As restrictions ease and businesses emerge from hibernation we remain in a state of ‘Business Unusual’. So, how do we find a new, sustainable normal?
Business Continuity Plan - Outline and Benefits - Why we developed this service.
Bounce Back Loans scheme
The Chancellor, Rishi Sunak has today (27 April 2020) made a statement to the House of Commons on the government’s economic response to the Coronavirus outbreak.
The Chancellor launched the new Bounce Back Loans scheme. This scheme will help many small and micro businesses that appeared to have fallen through the cracks and were ineligible for most of the support measures that had previously been announced.
The new scheme will allow small businesses to borrow between £2,000 and £50,000 and access the cash, in most cases, within 24 hours of approval. The loans will have a 100% government guarantee and businesses can apply for a loan of up to 25% of their turnover. The government will also pay the interest on these loans for the first 12 months and no repayments will be due during this time.
The Chancellor said:
'Our smallest businesses are the backbone of our economy and play a vital role in their communities. This new rapid loan scheme will help ensure they get the finance they need quickly to help survive this crisis. This is in addition to business grants, tax deferrals, and the job retention scheme, which are already helping to support hundreds of thousands of small businesses.'
Testimonials - Marcelle Batson-Warner, "I know I maybe not your target client at this time, but there are a lot of Private Service Companies PSC's out there like mine that are being impacted by what is going on at the moment. I appreciate you giving me your time on Friday and want to give you the following feedback that you can use for marketing purposes. As a PSC I am not one of Julia's typical prospective clients. Never the less Julia listened to my situation relating to business interruption caused by COVID-19 and offered me guidance based on the latest government updates for business support. I found this both reassuring and helpful. Thanks again. "
Siobhan Harper-Nunes, "....thank you for linking me up with Julia. She's amazing - hopefully my new best friend."
Update on Government Support
We are all living in crazy times. It’s really tough for businesses right now. You’ve got Covid-19 support information coming at you from all directions and it’s hard to figure out how some of that support works in practice to ensure your business survives.
On 12th May at 4pm, join us for a 35-minute complimentary webinar, where we’ll cover the most important Covid-19 Government support available, including:
Statutory sick pay
Job retention scheme
Self-employment income support scheme
Business support grant funding
Business rates relief
Coronavirus business interruption loan scheme
Bounce back loan scheme
Plus, we’ll update you on how we can continue to support you through these most challenging of times.