Over £326,000 of savings identified for Acton businesses!
- The Place Support Team
- Aug 6
- 2 min read
Place Support Partnership (PSP) are dedicated to helping the UK’s Business Improvement Districts (BIDs) and Local Authorities thrive. We are very excited to share this case study with you.
The company has been commissioned to deliver over 100 programmes with BIDs and Local Authorities across the UK and has identified millions in savings since 2021.
PROJECT OVERVIEW
PSP and Your Acton BID began working together since July 2021 on projects to reduce business costs and the BID ballot renewal.
The services are free to levy payers and so far have seen great success in the area with over £326,000 of savings being identified for businesses and a successful BID renewal.
KEY RESULTS
Over £326,000 of savings identified
Over £160,000 of savings realised
Circa 50% of identified savings have been realised
A community centre saved over £22,000 on their energy costs
Local printers saved over £9,500 on energy bills
Average saving per business of £1,761
Hundreds of business visits completed during outreach and engagement
Supported a successful renewal process for the BID using voter analysis, surveys and more
On Cost Savings for BID Businesses:
“By leveraging this collaboration, Place Support Partnership have successfully identified over £326,000 of substantial cost savings that have positively impacted businesses bottom line cost. This partnership stands as a testament to our commitment to helping our BID businesses save money through tough economic times. We look forward to continuing the collaboration with Rishi and his team to make huge savings for businesses in the town centre/industrial estates and further, the excellent work that they do.”
Natasha Patel, BID Manager
On the BID Ballot Renewal:
“Their [PSP] strategic guidance, meticulous planning, and dedication played a pivotal role in garnering the necessary backing from our community stakeholders. Thanks to their efforts, we achieved an overwhelming mandate in favour of the BID, ensuring a brighter and more prosperous future for our business community. We wholeheartedly recommend Place Support Partnership to any organisation seeking a partner who not only understands the intricacies of business development but also genuinely cares about the success of their clients.”
Natasha Patel, BID Manager
Interested in finding out about how PSP could help your place? Get in touch on info@placesupportpartnership.com.
Comments