Dear Farillio Expert: Can you offer any glimmers of hope for struggling businesses? Alex Till of the National Enterprise network explains what help is available

Dear Farillio Expert: Can you offer any glimmers of hope for struggling businesses? Alex Till of the National Enterprise network explains what help is available

Tuesday 2 Mar 21

Dear Farillio member,

On 29th July 2020, you asked our brilliant guest Alex Till on the Go Far Fast Show:

"My business is struggling and I’m feeling like giving up. I’m gutted, but I’m exhausted, and it feels like there is no end in sight. Do you have any advice for me? Can you offer any glimmers of hope?"

And Alex said:

Be mighty always, Farillio


Transcript:

What I would say to anyone who is feeling distressed or concerned is seriously, don't be a stranger. Pick the phone up and talk with us. Make contact with us. We work through it, on a very case-by-case basis looking at who that individual was? What their business was? How long it was established? What was available? And then we talk to the Local Authority about their discretionary funds. They were then able to allocate funding on the basis that there was a significant need for that business to be supported in their locality – because of the impact that it would have on other areas of economic growth and the support that it was providing for other people. If you want to know who's in your locality area. Visit the NEN website and that will give you the list of all of those organisations that are available. You can then be put in contact with the people that can support you. Please, please don't be afraid to talk. There are big problems out there but, as soon as you start talking about them, we can start breaking down those barriers.

Ask your question:

If you have any questions that you'd like us to ask in a future Go Far Fast Show, send us a DM on Twitter or on LinkedIn. We'd love to hear from you!

Want more from Alex?

You can also find Alex’s answers to other questions being asked by you and your community in our Dear Farillio Expert section on our blog site, and Alex’s great guidance on banking here.


Please note: The contents of this blog are not tailored business advice or legal advice. This is guidance and information, which we do our best to keep current, relevant and helpful. If you need business or legal advice, please use our Speak To An Adviser service or you can get in touch via our LiveChat.

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