Southport BID identifies £25,000 in savings for local businesses through its Savings Procurement Programme

27th May 2021
Picture by Gareth Jones

Southport Business Improvement District has identified nearly £25,000 of savings on running costs for local businesses over the past few weeks.

The organisation has been offering local firms the opportunity to save money through its Savings Procurement Programme.

The initiative to reduce business costs is a free service funded by Southport BID, available to all levy payers. It is being run by experts from the Place Support Partnership through funding from the BID.

Southport BID Business Engagement Manager Luke Randles and Place Support Partnership owner Rishi Sood have been visiting shops, offices, restaurants, bars and other venues across town in recent days.

They have been speaking with business owners about how their firms operate and identifying just where costs and efficiencies can be made.

Luke Randles said: “The running total for identified savings to date on the project since March is now £24,387 but expect this to exceed £25,000 in the coming weeks.

“Rishi Sood and I have enjoyed meeting with businesses,so that Rishi can share his expertise regarding reducing business costs.

“I’m delighted that Southport BID can fund a project like this, that will put money back in the pocket of our Southport town centre businesses.”

Experts from The Place Support Partnership will review your bills and identify where savings can be made for free.

The service comes with no obligation and no commitment.

Place Support Partnership owner Rishi Sood said: “Now that more businesses are open again, we are keen to come out and visit them to see how we can help. It is an opportunity to align with the high street recovery plan.

“We are raring to go and support as many local businesses as we can. It is free, impartial support.

“We shall be available to meet with BID members to enable them to have a free consultation on their business costs.

“The idea is that a business shares their bills with us and we then review and advise on how they can save on their core costs including energy, telecoms, merchant fees and water to name a few.

“The service is free to use and fully funded by Southport BID and is designed to support businesses on making informed decisions on their costs and contracts.

“My team and I have set up over 100 such schemes around the UK, supported by BIDs, realising over £20million in savings for SMEs and independent businesses.”

Southport BID CEO Rachel Fitzgerald said: “Southport BID is keen to help local businesses to streamline their costs and save money.

“Our Savings Procurement Programme is free for you to use, and there is no obligation with it.

“It is just one of the many services which we offer to our local businesses.

“All business owners or managers need to do is to book an appointment, which is free to do.

“There is nothing to lose and potentially lots to gain.”

For more details please email: info@placesupportpartnership.com or info@southportbid.com or call 03330 156289 or 07982 414545 or visit: www.placesupportpartnership.com