The coronavirus outbreak has had a significant impact on our business. Within 48 hours of the lockdown announcement, 70% of our customer base closed their doors and asked us to stop our work for them.
We had to furlough 7 members of the team through stages as the work slowed and knowing that we will be accessing the Coronavirus Job Retention Scheme has enabled us to keep afloat.
We are open for business offering other services including GDPR advice compliance to a small number of clients and this is so important for the business as it can still generate an income.
Jo Withers (Managing Director, VTM):
I just wanted to come online and let you know about the support we’ve been given by our local council, which is West Suffolk Council.
I received a telephone call last week, just letting me know that our business was eligible for the grant.
Within 3 working days I got an email saying that the grant was going to be paid into our business bank account.
We’ve got the money. It’s a huge relief.
It means that we can carry on and pay our rent.
We can support the staff.
70% of out customers unfortunately have closed their doors due to COVID-19.
I know we will be back with them shortly, but this grant has just helped us get through this tricky wave.
I urge all business owners, please speak to your local council. Find out about the support that is out there for you. Also, speak with your local chamber.
Don’t feel alone. Speak to your local council. Try and speak to other business owners. Keep in touch with your customers.
We will get through this. I’m determined VTM is going to come out if this stronger and better.
Lets all talk and support each other.