News & Articles


Chris Lawes and Simon Banks-Cooper today presented 'Cutting through the noise' – giving practical tips and tactical advice for financial resilience during coronavirus for startup and growth company looking to build, grow and ultimately exit finding both opportunities and pitfalls within the Covid-19 crisis in conjunction with the Festival of Enterprise.

You can watch a video of the webinar here

Chris Lawes and Simon Banks-Cooper will be presenting 'Cutting through the noise' – giving practical tips and tactical advice for financial resilience during coronavirus for startup and growth company looking to build, grow and ultimately exit finding both opportunities and pitfalls within the Covid-19 crisis in conjunction with the Festival of Enterprise.

More details can be found here

Yesterday we hosted a webinar for the veterans business community in conjunction with Heropreneurs and Veteran Owned UK.  

A recording of that webinar is available here 

BCA are delighted to be hosting this webinar in conjunction with Heropreneurs and Veteran Owned UK, both of who support many veteran owned businesses on 7 April 2020.

For Full details click here

Details are now available of the VAT element of the Government business support package.

To read our Business Update please click here

 

The team at BCA are working hard to support our clients through this difficult period so do continue to pass on all information and documents as normal.  We also remain available and committed to assisting you with business planning activities and seeking Government business interruption support.

We are committed to the health and safety of all staff therefore following the Government announcements this week, our working from home arrangements have been extended to cover all the BCA team, and all staff are connected with email and other online resources to keep in touch. 

We understand that many of our clients and their businesses have been impacted by the COVID outbreak, and we’ll continue to keep you up to date with relevant announcements and more details of the financial assistance for businesses as they arise. We also recognise that many businesses are assessing their options and possible structures to manage cash in the short term whilst positioning for recovery and future growth. 

Communication is therefore paramount so please maintain the discussions with us in order that we can continue to support you in the best way possible.

The BCA Team

For a printable version click here 

 

The Government has introduced the new Coronavirus Job Retention Scheme, under which the Government will cover the costs of 80% of salary (up to a maximum of £2,500 per person per month) for individuals who are kept on the payroll but not required to work during the Coronavirus outbreak, instead of being laid off. 

For further details please read here

More information about CBILS is now available on the British Business Bank website which is reproduced below.  If you think that you will want to apply for finance using this scheme, then please to call us to discuss how we can help you make the necessary application.

For more details please click here

 

 

BCA Supporting clients through COVID-19 

Today, and for the foreseeable future, British businesses are facing their greatest ever challenge.  There is no doubt that we are in unprecedented times and as business owners and managers there is the added pressures of dealing with the realities of keeping our respective businesses going, looking after the wellbeing of staff and the prospect of having to make some very difficult decisions.

The Prime Minister has been resolute in stating that the Government will do whatever it takes to support business and to protect the workforce, which is undeniably good news but there are a number of practicalities on which you may well need help from BCA. 

 Communication and timeliness has never been more important, particularly if there is a need to engage with HMRC for a time to pay agreement or in producing a valid business case to support an application for a Government backed loan.  To ensure we can continue to support you, we are keeping staff in the office as far as we can, while working with the health recommendations. We are investing to enable more staff to work from home, however it is likely that our business, like yours, may incur some interruptions from time to time but our focus is on maintaining our ongoing support to you....

To continue reading the full notice please click here

What a fabulous event the Heropreneurs Awards proved to be, validating beyond any doubt BCA’s decision to be a sponsor and also to host London centric friends and clients. 

A fabulous venue, its atmosphere truly electric, packed with people sharing two common bonds, military service and entrepreneurship, brought together by Heropreneurs to celebrate their skills, achievements and above all the positive contribution that services leavers continue to give society after they have left the military. All presided over by Her Royal Highness the Countess of Wessex. 

Sincere congratulation to all finalists and of course the exceptional and deserving winners.

Our Senior Partner, Simon Banks-Cooper said, "from a personal perspective, the desire I have to share my business experiences for the benefit of the wider Defence community is no secret, be that wishing to see a transition community established and thriving in the East Riding or advocating on behalf of Army Cadets to ensure that employers are aware of the pool of employment ready young talent that exists, so to grasp an opportunity to work with Heropreneurs was never going to be a difficult decision. BCA was my first business venture after Regular Army service. Today, a successful practice but one that I started from scratch with all the trials and tribulations that experience brings, so it is somewhat evocative, as well as extremely gratifying that it too is able to support Heropreneurs and its invaluable work."