Useful Information & Guides

As and when new initiatives are launched – we will update this page.

InvestSefton Growth Hub is part of the City Region Growth Platform

In addition to what InvestSefton can offer – the Growth Platform is offering help & support to Sefton Businesses – to find out more click on the following link:

https://growthplatform.org/business-covid-19-advice/

To see all the latest updates from Government please click on the following link;

https://www.gov.uk/business-support

 

Business Resilience Support for SME’s

Liverpool City Region Local Enterprise Partnership via Growth Platform is looking to enhance the current business support available to business to include Business Resilience relating to COVID-19.

Eligibility:  SMEs in all sectors. Estimated Size of Business:£1m – 45m Turnover Estimated Employee Numbers:    10+ Staff.

Read more about the support and how to get in touch: https://growthplatform.org/business-covid-19-advice/business-resilience-support-for-smes/

Gov.UK Business continuity planning

Guidance to help businesses plan to deal with the impact of a major incident or disaster.  Expecting the Unexpected: Business Continuity in an Uncertain World explains the importance of creating simple but effective plans, helping business to build resilience against any disaster.  This guide is the result of a unique partnership between the business community, police and business continuity experts.  Our aim is to provide you with a checklist and useful ideas on matching key business continuity management processes to your company.  This Joint publication is from the National Counter Terrorism Security Office, London First and the Business Continuity Institute.   

Cashflow Planning

Cashflow planning has an important role to play in managing a business.  Now more than ever, businesses will be assessing the impact of Covid-19 on their finances, and planning for when the situation improves.  The following is a selection of cashflow planning resources from some of the main banks

  •  Barclays

www.barclays.co.uk/business-banking/business-insight/cashflow-forecasting/

  • HSBC

www.business.hsbc.uk/en-gb/gb/article/cashflow-forecast

  • Lloyds

www.lloydsbank.com/business/improving-cash-flow.html

  • Royal Bank of Scotland

https://www.business.rbs.co.uk/business/running-a-business/run/cashflow.html

  • Santander

www.santander.co.uk/business/business-support

www.santander.co.uk/assets/s3fs-public/documents/disaster_recovery_plan.pdf

Business Insurance

Business insurance cover for Covid-19 disruption and related issues varies, depending on the cover taken out, and your insurer’s terms.  Businesses are advised to check with their insurers what their cover includes.  Your insurance may also include access to a legal helpline, for specific issues.  The Financial Conduct Authority (FCA) also provides independent advice about business insurance, during the Coronavirus pandemic. Read more here.

ACAS 

Acas provides free, impartial advice on workplace rights, and help to resolve disputes.  Their site has free template letters for employers and employees, including Covid-19, working from home, employment contracts, redundancy, and health and wellbeing. www.acas.org.uk/advice

Technology to help your business work from home:

  • Zoom  has created some video communications resources to help you work from home
  • Google is providing free access to the enterprise version of Hangouts Meet to all G-Suite and G-Suite for Education users.
  • Cisco is offering the free version of its Webex service with no time restrictions. In addition, it will allow up to 100 meeting participants and has added toll-free dial-in features with a 90-day license for businesses that are not already customers.
  • Facebook’s Business Hub is now available for all businesses to access. Previously a resource for Facebook employees and health experts, it will now be opened up to the wider world.

 

Government to support businesses through Trade Credit Insurance guarantee

The government will temporarily guarantee business-to-business transactions currently supported by Trade Credit Insurance, ensuring the majority of insurance coverage will be maintained across the market. This will support supply chains and help businesses to trade with confidence as they can trust that they will be protected if a customer defaults on payment. https://www.gov.uk/government/news/government-to-support-businesses-through-trade-credit-insurance-guarantee?utm_source=8b939942-aacd-4435-98c6-752bb665de60&utm_medium=email&utm_campaign=govuk-notifications&utm_content=immediate