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SFA calls for reopening plan for business

The Small Firms Association said that businesses are seeking clarity on reopening as Covid-19 restrictions are lifted
The Small Firms Association said that businesses are seeking clarity on reopening as Covid-19 restrictions are lifted

The Small Firms Association has urged the Government to publish a reopening plan for business and society as Covid-19 restrictions ease.

SFA Director Sven Spollen-Behrens said that as the country approaches the end of the fourth consecutive month under the toughest restrictions in Europe, small firms are seeking clarity on reopening.

"Business owners need a timely, practical, and realistic plan for when they can welcome back customers and employees to the office," Sven Spollen-Behrens stated.

He said that despite the improving picture in Ireland, small firms continue to be left confused and disappointed by the lack of indicative dates for the reopening of the economy.

"Business owners are exhausted from the Government's mixed messaging which is adding to their anxiety of being closed for over a third of the year," the SFA chief said.

An early indication of reopening dates is essential so that small firms can prepare their staff, order new stock, activate their supply chains and evaluate their cash-flow needs, he said.

"The terms on which businesses reopen are also crucial and we would ask that protocols are reviewed to enable small business owners to plan business capacity," he added.

Sven Spollen-Behrens said that while the easing of restrictions will be a relief to the business community, this does not mean this crisis is over for the country's smallest employers.

He said these businesses are saddled with debt and when they do reopen, they could be facing ongoing restrictions that will hamper their capacity to generate revenue.

"It is vital that the full range of Covid-19 business supports, are kept in place for as long as needed and that competitiveness is maintained, as the economy recover," he stated.

"Rising business costs is a growing concern amongst small business owners, particularly rising supply chain, Brexit and employment costs, utilities and the resource costs of navigating red tape. Due to the withdrawal of Ulster Bank and KBC, access to and the cost of finance to grow after this crisis will be more challenging," he added.