UK Business Advisors support provided to clients during Covid-19 – 01

Our UKBA teams regularly meet by Zoom video call. Today, our London and South East team  reviewed the support given to companies in the last couple of weeks, and we would like to share this with you.

You are also encouraged to visit our general support page at https://ukba.co.uk/coronavirus

Here are examples of how we have helped companies and added value to them:

• Apply for Coronavirus Business Interruption Loan applications (40% approved  and 60% pending to date)

• Plan for Furloughing, restructuring and assisting Coronavirus Job Retention Scheme applications from 20.1.20

• Prepare business strategy, business planning and financial planning

• Assisting construction companies preparing to resume operations and resolve supply chain issues

• Applying for an Innovate UK funding competition

• Helping companies to claim R&D Tax Credits and get cash injections

• Completing the recruitment of a marketing manager and working with clients to plan their needs and restart executive search when ready

• Guidance for startups

• Navigating the complexity of mixed employee and self-employed teams

• Supporting companies to push back on potentially incorrect statements on eligibility for business interruption insurance claims

• Developing the strategy for a technology based hospitality company

• Target company acquisition search for clients

• Adapting the exit strategies for several businesses to reflect Covid-19

• Strategic shock preparation

• Running online client workshops to provide guidance to ensure that remote working is successful after the initial “euphoria”

Of course, we have also been working on ourselves – evolving our mission, trying new productivity tools, reading, learning new skills, exercising and listening to music. A balance is important for us all.

Can UKBA help your business? Pease contact us for a no cost high value initial discussion.

Keep safe and plan to survive and thrive.

Gordon Carmichael

Chair UK Business Advisors