During the Coronavirus outbreak Brailey Hicks will continue to provide support and advice to anyone with financial concerns during the various measures being introduced by the government. In these unprecedented times it is imperative we all take our social responsibility seriously and at Brailey Hicks we have changed our normal operations in line with the guidelines and directives. As a result, we are working from home and using technology to keep the business operating normally.
It seems that nobody really knows how long measures are going to last nor how restrictive they will be. However, it is clear finances are going to become very difficult for a lot of people and we are already helping several people to talk to landlords in pre-emptive negotiations to obtain rent holidays and ensure their businesses can survive in the long term. We have also come up with some creative ideas for business rescue packages but it is not only businesses which will struggle in these times and a lot of people will suffer personal hardship too. Whether we are advising a business on potential cash flow issues or an individual on their personal finances we always advocate talking things through at the earliest opportunity so informed decisions can be made before matters become too critical.
The government has stated it will fully support businesses through these times and therefore people should ensure they consider all the possibilities and not rush into anything too drastic if they are struggling. At this moment in time many people will be waiting to hear what funds the government is going to make available but, whilst being reassured by the government's promises, many will still be anxious about what it might mean if the funding is insufficient. At Brailey Hicks we are here to help and we are happy to discuss the alternatives on a "what if the worst case happens" basis, which can help to provide some peace of mind.
It is clear 2020 is set to be a challenging year for businesses and individuals in their own right. At Brailey Hicks we pride ourselves in the plain English advice which we provide and we will continue to do so whilst taking measures to ensure we take steps to help limit the spread of coronavirus.
How can we help?
