We are deeply concerned about the plight of the smaller businesses across the UK including the c. 3m self-employed directors of limited companies, who are not eligible for the government’s existing grants, and are have therefore been excluded from the financial support measures thus far during COVID-19.
And this is one of the reasons that we are working ‘behind the scenes’ to try and influence the government to look at introducing more support for SMEs.
To provide some practical input to support the government and to try and help the ‘excluded’ to get support, the UK200Group, of which The Martlet Partnership LLP is a member, produced a document outlining a practical and fair set of measures for the government’s consideration. We call this the Business Owners Support Scheme (BOSS) and I attach a copy for your information/link to copy, below.
News in recent days suggests that the government is considering additional support. Clearly this news is very welcome but no guarantee that additional support will be forthcoming.
Ever focused on how we can help, we have written to other local business groups and Sir Peter Bottomley, our MP, to try and get the government to look at extending support along the lines of our proposed schemes.
We urge all small businesses owners to focus on the practical things they can and should be doing right now. We have produced a handy and practical checklist of The 5 Key things that SMEs should do in January. You can dowload the checklist below.