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Nearly 30,000 of Savings Earmarked by Free Swansea BID Scheme

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Swansea BID (Business Improvement District) businesses are being urged to take advantage of a free cost-cutting toolkit which has already earmarked a total of £28,000 worth of savings for City Centre businesses since the scheme began some six months ago.

The cost-cutting scheme is free to all BID area businesses, with a team of money-saving specialists from Meercats Associates Ltd helping small businesses within the Swansea BID area get access to the best deals on things like gas, electricity, telecoms services, pest control, safety testing and assessments, and stationery and print costs.

The owners of some of the businesses who have benefitted in the past few months have said the process is simple, undisruptive and speedy, and delivers savings that are particularly valuable for SMEs, which need to keep tight control of their outgoings.

Jonathan Evans, who owns Burgess World Travel Ltd, in The Kingsway, took advantage of the scheme and saved more than £800 on his company utility bills.

He said:

“I’m very pleased with the way the scheme has worked for my business – saving me £800 so far, and I would encourage other Bid Businesses to take advantage of the scheme. £800 worth of savings over the year on the company gas and electricity bill is very valuable – this is money I can put to good use elsewhere in the business.

“The whole process involved a face to face meeting at a time that was convenient to me, I supplied a small amount of paperwork – just my most recent bills – then my Meercat advisor took copies and used those to broker the best deals for me. The beauty of the process too is that Meercats now has a diary of my key dates which detail the end of my telecoms, business insurance and other utilities contracts so they can set to work negotiating the best deals for me when those deadlines come up. Also, as is often the case, it proved difficult for my company to get out of one of my utilities contracts and Meercats took care of the complexities around this – so it was a simple process for me.”

Similarly, the owners of a busy Swansea estate and letting agents, Belvoir, saved £1,600 over three years on their utility bills after taking advantage of the scheme.

Daisy Davis, who co-owns Belvoir, said:

“£1,600 worth of savings over three years on our gas and electricity supply is very valuable and I will ask our Meercat advisor to look into further savings on our water bills next.

“My husband and I run two branches of Belvoir – one in Swansea’s Castle Street and one in Mumbles – and when all your energies go into running a business your focus isn’t necessarily on shopping around for the best deals, so it is so useful just to be able to just hand one or two bills over to a Meercat advisor and let them get on with it.”

Swansea BID’s Projects Manager, Amelia Rudman, said:

“I’m delighted to see Swansea businesses reap great financial benefits from Swansea BID’s money-saving toolkit. As many of our BID area businesses have discovered, the Meercats Associates scheme is a no-hassle process which can offer significant cost savings, which are particularly valuable for SMEs for whom careful control over outgoings is essential.”

Any Swansea BID Business who wants to go ahead with an initial consultation with a Meercats representative should contact Swansea BID on: 01792 475021 to arrange an initial consultation.