More than £57,000-worth of savings have been identified since Salisbury Business Improvement District (BID)’s Cost Saving Scheme was launched in April, according to the organisers.
The scheme uses the countrywide BIDs collective buying power to help cut costs and save businesses money.
Meercats Associates are the BID’s partners in the scheme managing the whole process, including getting best prices, finding most appropriate services and managing and switching contracts.
Shirley Snells Florists, Milford Street, took advantage of the scheme. Owners Phil and Jill Joliffe said: “The scheme has saved us £915 a year – almost five times our BID levy bill! As a small independent business, we wouldn’t have been able to secure these savings on our own. We would recommend the scheme to all BID members.”
The Relph Ross Partnership Ltd (Architects) in Brown Street also made a substantial saving.
Jonathan Ross, director of The Relph Ross Partnership, said: “The scheme saved my business six times the amount of our annual BID levy bill! On our behalf, Meercats now manage the whole process of transferring our contracts between suppliers.”
Potentially, savings on energy, telecoms, water, merchant fees and more can be made.
Salisbury BID funded the initiative and no commission is earned, therefore all financial savings are passed to the businesses. The scheme is free for all Salisbury BID members who are encouraged to start cutting their business costs.