A Sustainable Re-Opening Must Be The Objective, says County Tipperary Chamber following announcement on end of Level Five Restrictions
County Tipperary Chamber welcomes this evening’s (27 November) announcement from Government regarding the end of Level Five Restrictions which will allow the reopening of parts of the economy from next Wednesday the 2 December. Speaking after the announcement, Chamber CEO Michelle Aylward said, “This evening’s announcement from Government will be widely welcomed by our members. The importance of the Christmas period for local economies cannot be understated. In the lead-up to this evening’s announcement our members have been strongly supporting shop local campaigns in their communities. We call on the wider community to work with us and be conscious of limiting social contacts throughout the Christmas period. As we proceed towards a lower level of restrictions, we want to remind the wider business community to avoid complacency and continue to interpret the restrictions conservatively, ensuring that any unnecessary congregation is reduced. If staff can work from home, then that is the only place they should be working from. Finally, as a network, we continue to have concerns about the medium-term strategy for ensuring that the re-opening of local economies is sustainable. The “sawtooth” scenario we previously warned about (involving a series of stop-go restrictions in response to virus transmission) is not a sensible approach to managing the economy. That scenario leads to significant additional business costs associated with reopening and restocking. With limited capital reserves, and no appetite for new debt under ongoing uncertainty, many businesses will not be able to continue trading after a further round of closures in early 2021. Most importantly Government must ensure that: • Public health authorities are adequately resourced so that we can limit the consequences of future outbreaks. • We implement an effective programme which tests, traces, and isolates new cases as they emerge in the community • Early local interventions are used to quickly restrict future outbreaks, and • We develop sufficient capacity within the health service to cope with increased demands on our critical care services” The County Tipperary Business Awards Black Tie Gala Dinner took place on Friday 18th October at the 4☆ Clonmel Park Hotel, with a packed house of 270 guests which included Minister John Paul Phelan, Mayor of Clonmel Gareth Ahearn, Members of Tipperary County Council and the various agencies who support business in the County. It also saw Seán Gallagher, entrepreneur and former Dragon’s Den panelist, keep the night flowing and the crowd entertained in his role as MC.
L-R: David Shanahan - CEO County Tipperary Chamber, Deirdre Clune MEP, Garret Ahearn - Fine Election Candidate for Tipperary, Laura Jones - Sales & Marketing Manager Clonmel Park Hotel, T.J. Kinsella - President of County Tipperary Chamber County Tipperary Chamber were recently honoured with a visit from Deirdre Clune MEP to the Chamber headquarters in Questum Acceleration Centre, Clonmel. Deirdre updated us with ongoing issues in the European Parliament and items pertaining to Brexit. The Chamber raised issues such as the essential upgrade of the N24 to become the M24 and the importance that Irish business taxation remains in the realm of our Department of Finance. Our thanks to Garret Ahearn for his help in organising this visit.
The Cost of Insurance working group run out of the Department of Finance has asked us to survey our members.
The survey is hosted on SurveyMonkey and can be found on the following link: https://www.surveymonkey.com/r/ChambersCostofInsurance We will distribute the results following the closure of the survey. The survey needs to be completed by the 8th of September. The Bottleneck that stops Cashflow Understanding the importance of cash flow is something that is not always considered. Business focuses on selling and invest heavily into this area and of course rightly so! No customers no business, but business owners on their endeavours to expand their organisations often forget that the cash has to flow from those lucrative sales. Where cash stops flowing is in the often-overlooked Debtors ledger or Accounts receivable file. It bottlenecks in Days Beyond Terms waiting for action and becomes the bane of the sales person and the worry of the business owner. How do you ask to be paid without upsetting the customer? The answer is simple don’t let the customer go beyond the payment terms you agreed but if they have start immediately on a collection process as everyday counts. But what about the relationship, they won’t buy my services again if I look to get paid or send a debt letter? If the customer valued the service you provided would they delay payment to such an extent it puts your business in jeopardy. Business goes out of business because of business! You need to find out why they are not paying you and It’s usually one of the following three bullet points.
cash-flow? At the Ward Group, we provide a unique professionally managed service to SME’s called Ledger Management Services {please see more detail below}. It is an outsource credit control solution covering the domestic and international markets at a fraction of the cost of employing a full-time credit controller/accounts personnel and in a short space of time it pays for itself. It is an always on service that “Gets you paid on Time”. For More Information Contact: Paula Carney-Hoffler E.I.I.C.M Credit Mgt.Cert,DipLaw Client Credit Risk & Compliance Manager Hugh J Ward & Co Solicitors 9 Seville Place Dublin 1 Mobile: 087 2681891 PCarney-Hoffler@hughjwardsolicitors.ie We are currently collecting feedback and insights through our online questionnaires aimed at Employers, Professionals, and Stakeholders both inside and outside the region. Pixelpod are also busy developing the branding guidelines, the alignment of the existing brands, and developing the marketing strategy to support the brand id. We will be meeting with several groups in early September to discuss our progress and include their feedback, including Fintech/Global Business Services; Tourism; and the Local Authorities. We hope to reconvene this marketing and branding group in late September and I will revert in due course with a proposed date/venue. In the meantime if you can complete our main questionnaire: https://www.surveymonkey.com/r/SouthEast-Professionals-and-Employers. Thanks for your assistance and I look forward to meeting you again soon. Kind regards, Richard Richard Hickey Project Executive, South East Action Plan for Jobs, c/o EI Regional Offices, Waterford Industrial Estate, Cork Road, Waterford. M: 087 6729820 E: richard.hickey@seapj.ie |
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