Business Conference

Supporting local businesses with ‘recession busting’ initiatives

More than 30 local businesses attended a special conference hosted by Gedling Borough Council, aimed at helping local businesses to survive the economic downturn.

The free event included key speakers such as Professor Malcolm Prowle from Nottingham University to offer advice to help businesses survive the recession. There were also a series of workshops and specialist one-to-one clinics offering advice on:

• Stabilising your business
• Dealing with employment issues
• Planning ahead
• Managing your cashflow
• Recovering debts

Following the success of the Business Conference ‘Survive the Recession’, Gedling Borough Council is keen to continue its support for local businesses to help them survive the current financial crisis.

Presentation slides from key speakers at the Business Conference are featured below:

• Professor Malcolm Prowle of Nottingham Trent University
• Shaun Walsh - Surviving the Recession Managing for Cash
• Mr Hopton - Damage Limitation
• Paul Maloney, Mazars - Rescue & Recovery
• Nickie Harding, Hancocks Solicitors - How to survive and thrive
• Andrea Huscroft, Business Link

Other ‘recession busting’ initiatives

The Council has also committed to pass on the 2.5% VAT savings to customers, as announced by the Government, and has announced that it will commit to pay all invoices to suppliers within 10 days, instead of the current 30 days.  This will help those companies contracted to provide goods or a service to the council to retain a steady cash-flow during these challenging times.

Other initiatives include; improving benefit take-up in the area by encouraging those who qualify to claim for the benefits that they are entitled, and the recent transfer of the housing stock to Gedling Homes, a not-for-profit housing organisation, which has released almost £50million of investment into local homes, which benefits both local residents and businesses.

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