What's in it for my Business and Me?

EVERYONE / THE COMMUNITY

BUSINESSES / THE OCCUPIER

• Increases footfall
• Increases consumer spend and sales
• Reduces costs (crime reduction, joint activities, e.g. promotions/marketing)
• Is flexible to address the issues of individual sectors
• Gives businesses a local voice
• Creates more appealing environment for employees
• Gives equal involvement and benefits to all BID businesses
• Fair system, those that invest, benefit - no freeloading
• Can decide and vote for action before making the investment
• Can control process, monitor results
  

LOCAL AUTHORITIES

• Harnesses private sector management/organisational drive and skills
• Promotes greater understanding of the role of LAs
• Provides an effective means of liaising with the business community 

• Assists capital value growth
• Increases an area's desirability and attracts occupiers
• Increase in trade which affects turnover based rents (some retail)
• Good PR for company locally and regionally
• Forges positive links with council

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Last updated: 10/09/2010 12:54:31