EO Community: A week has passed, or is it a month?
Each day feels like a week, each week like a month.That’s how fast the environment around us is changing. From the numbers of infections, to the daily sad news of deaths, there has never been a time like this for any of us alive today.
And it is the same for each of our businesses. Each day brings a new challenge to overcome, an unforeseen obstacle to work around, or occasionally, an opportunity to innovate or a heart-warming good news story.
We know that some of your businesses face unprecedented demand and supply chain challenges; last week we heard from Care Plus Group as they seek more PPE equipment and from Parfetts, which as a wholesaler needs to recruit more employees to deliver the increased demand through its network of distribution centres.
In the midst of this, the Government is responding on an almost daily basis to the changing impact of the pandemic, including on Friday offering reforms to the Coronavirus Business Interruption Loan Schemes to make it easier to apply for smaller businesses.
Last week the EOA sent a letter directly to the Chancellor, seeking his reassurance that the EO community will be explicitly referenced in the financial support packages available from the banks, all too aware that there is still a lack of understanding amongst the finance sector of the employee ownership business structure.
None of us know what the next week will bring, but do be assured that the EOA will continue to represent your interests, to connect you with your peers, to share best practice through our webinars and to provide the essential links to the information and advice needed.
Stay safe and have a good week.
Deb Oxley OBE, Chief Executive of the EOA