Plan! Don’t Panic
Bromley ActionCOACH provides leaders of local businesses with support, education, strategies and skills to continue developing and growing. As the country battles coronavirus, businesses are finding themselves in new and challenging situations – with either sudden excess or minimal demand for goods and services, staffing issues through sickness and care responsibilities, all whilst working remotely…
We are providing FREE:
- 1-2-1 coaching sessions.
- Educational Webinars to build new skills and knowledge needed now
- Free Business Support videos, insights and ideas of how to Survive and Thrive!
PRO BONO 1-2-1 Coaching Session
It’s time to get some clarity for your business. The environment we’re operating in is changing daily – and so are the consequences for your business. Whilst demand for some goods and services shrinks, the need for others emerges. Here at Bromley ActionCOACH we are gifting all of our spare coaching session for business owners to help you get some clearer thinking on the most pressing matters in your business.
This is a genuine offer of support and help to our local business community – no strings, no straps – simply help for you!
Checklists and Guidance
When a crisis occurs, whether it’s a local or global crisis, it is important to have crisis management plans and tools in place. Brad Sugars and Doug Winnie have provided the following Pandemic Business Checklist and Crisis Communication Tip Sheet to help our ActionCOACH community in developing crisis response plans.
Contact Bromley ActionCOACH for help and how to input the Pandemic Business Checklist and Crisis Communication Tip Sheet into your Business
Stay tuned to this section for more resources and information.
UK Government Guidance
A full range of business support measures have been made available to UK businesses and employees.
This page is the latest official government guidance on all aspects of the coronavirus pandemic.
This page is the official government guidance on the new national restrictions from 5th November 2020
This page is the latest official government business support page for coronavirus
Monday 5th January 2021, Rishi Sunak announced a new round of grants available to certain businesses.
This is a summary of the points:
- New grants of up to £9,000 are available for retail, hospitality and leisure businesses hit by the new lockdown
- This is a one off payment available to closed businesses
- Businesses with a rateable value below £15,000 will get £4,000
- Businesses with a rateable value of between £15,000 – £51,000 will get £6,000
- Businesses with a rateable value of over £51,000 will get £9,000
- A £594m discretionary fund will also be made available to councils and devolved nations to support other businesses not covered by the new grants
- To gain access to these new grants, businesses should apply to their Local Authorities
- No information has been given as yet as to how and when these grants will be paid, but please keep an eye on Local Authority websites for further information
Working safely during Coronavirus (COVID-19)
New guidance launched to help get Brits safely back to work
Updated 11th May 2020
Government publishes guidance for employers to help them get their businesses back up and running and workplaces operating safely.
Guidance to help employers, employees and the self-employed understand how to work safely during the coronavirus pandemic.
The government, in consultation with industry, has produced guidance to help ensure workplaces are as safe as possible.
These 8 guides cover a range of different types of work. Many businesses operate more than one type of workplace, such as an office, factory and fleet of vehicles. You may need to use more than one of these guides as you think through what you need to do to keep people safe.
New ‘COVID-19 secure’ guidelines are available to UK employers to help them get their businesses back up and running and workplaces operating as safely as possible.
This follows the Prime Minister setting out steps to beat the virus and restart the economy, so we can protect jobs, restore people’s livelihoods and fund the country’s vital public services.
Apply for a Coronavirus Bounce Back Loan
Updated 4th May 2020
The Bounce Back Loan Scheme (BBLS) enables smaller businesses to access finance more quickly during the coronavirus outbreak.
The scheme helps small and medium-sized businesses to borrow between £2,000 and up to 25% of their turnover. The maximum loan available is £50,000.
The government guarantees 100% of the loan and there won’t be any fees or interest to pay for the first 12 months. After 12 months the interest rate will be 2.5% a year.
Updated 20th April 2020
The UK Government has also produced a guidance document on support for small businesses during the COVID 19 pandemic. Click on the button below to read the full report but some of the measures include:
- a Coronavirus Job Retention Scheme
- deferring VAT and Income Tax payments
- a Self-employment Income Support Scheme
- a Statutory Sick Pay relief package for small and medium sized businesses (SMEs)
- a 12-month business rates holiday for all retail, hospitality, leisure and nursery businesses in England
- small business grant funding of £10,000 for all business in receipt of small business rate relief or rural rate relief
- grant funding of £25,000 for retail, hospitality and leisure businesses with property with a rateable value between £15,000 and £51,000
- the Coronavirus Business Interruption Loan Scheme offering loans of up to £5 million for SMEs through the British Business Bank
- a new lending facility from the Bank of England to help support liquidity among larger firms, helping them bridge coronavirus disruption to their cash flows through loans
- the HMRC Time To Pay Scheme
The Government has also set out further guidance for employers and employees to provide advice on novel coronavirus COVID 19.
One question we have been asked more than any other is, can I go to work and do my job. Section 2 and 4 of this document the Government sets out clearly whether you can go to work or not.