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The Recovery Ready Risk Dashboard is an innovative tool available to businesses to help keep them secure and alive.
The Recovery Ready Dashboard software makes it easy for SMEs to identify vulnerabilities, gaps and opportunities from different viewpoints within their organisation, specifically in the post COVID-19 era.
With COVID-19 causing unprecedented changes to the external environment, the Dashboard allows you to think historically about issues and raises issues which may have been overlooked without it.
Business owners and Senior Managers are going to have to make difficult decisions in the coming months. The Dashboard gives you the flexibility to create a afe return to work environment, whilst managing those staff members still working from home. It allows you to focus on your operating costs and cashflow, especially within the next 12 months with debts to be repaid.
Every SME should be integrating risk management strategies, no matter it's type or size, role or seniority, businesses need to be able to manage and take risks. Here at BB-BMG we are partnering with the Recovery Ready Risk Dashboard. Our joint aim is to help ensure that Coventry & Warwickshire's SMEs are in a position to come out of the COVID-19 crisis in a fit and proper state to carry on business. That requires that the SME still exists, that they have the roper resources and that the wider economic ecosystem is healthy.
Your business can use the tool for free. Please use the code BB2021.Click here to access the dashboard
In the current situation, it may be difficult to hold face-to-face meetings. Some charities have clauses in their governing documents that allow them to meet virtually or to use telephone facilities, but if not we advise trustees to check their…
Following the relaxation of some lockdown measures in the UK, Rishi Sunak, The Chancellor of the Exchequer, delivered his ‘Mini Budget’ Summer 2020 statement to parliament on Wednesday 8 July, announcing the Government’s plans for the second phase of their economic response to the COVID-19 crisis.
The statement unveiled further economic recovery measures, including job retention and creation incentives, policies to boost apprenticeships and VAT cuts in the hospitality and tourism sectors. More of the key announcements and takeaways for SME’s are detailed below.
Taxable grants of up to £2,500 per month are available for qualifying individuals who have trading profits or partnership trading profits of less than £50,000.
In order to qualify, your business trading income must comprise more than half of your total taxable income for 2018/19 or over an average three year period. These grants …
From 1 July 2020, workers will be able to do part-time work while on furlough. It will be up to the employer and worker to agree what the working arrangements will be, but employers will be required to pay the worker’s normal wages while the worker is working. The Government subsidy will only apply…
In what we suspect will be the final update to the Job Retention Scheme the Chancellor made some significant changes to the current scheme as well as extending the scheme to 31st October 2020.
We are awaiting updates to the Treasury Direction and the Employer’s Guidance, but these are the headline points announced at his press conference: