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East Midlands Chamber News

Helping businesses manage their cashflow as they start to reopen

Cash is king – how businesses can take control of their outgoings 

The impacts of the pandemic will be felt well into the future but for now, businesses are taking their first steps in gradually reopening. 

Coffee shops and cafes are welcoming customers inside, hairdressers and beauty salons are switching on the lights and workers are starting to return to the office. 

Despite these first steps, trading will continue to be difficult for some time, especially for small- and medium-sized firms.  These are the ones who will have seen their cash flow significantly hit and are now looking for all the help they can in trying to budget and plan for the future. 

How businesses can avoid spending more than they have to 

In these uncertain times, many businesses are looking for ways to save money and maintain a healthier bottom line. The good news is that getting a smart meter for your business is a small change that could make a big difference. 

A smart meter can help businesses take control of their energy bills as they enable accurate, not estimated billing. Meaning, they only pay for what they use – helping to take the stress out of budgeting.  

We all want to work smarter not harder. Smart meters send your gas and electricity readings directly to your energy supplier so you don’t have to!  

Manage your environmental footprint 

It is also important to bear in mind that it’s everyone’s responsibility to become more conscious of their environmental impact.  Regardless if your business has three employees, or three thousand, we all should be aware of how much energy we’re using and a smart meter is a simple way of doing this. 

A smart meter is a positive step in taking control of business outgoings and if your firm has 10 employees or less your business could be eligible. 

To find out more please click here (please insert your local Chamber link here.) You can also contact your energy supplier or broker.  It could be one of the best calls you make this week. 

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