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Coronavirus

Whether you’re just starting out or have been running your own business for years, it can be a rollercoaster ride to say the least. Remaining relevant and profitable requires business owners to stay up to date with new trends, technology and competitors. The MCL blog aims to help you focus your attention on the things that matter, ensuring the success of your venture is both a fulfilling and rewarding challenge.

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Lorem Ipsum is simply dummy text of the printing and type setting industry. Lorem Ipsum has been the industry’s standard dummy text ever since the 1500s, when an unknown printer took a galley of type and scrambled it to make a type specimen book. It has survived not only five centuries, but also the leap into electronic typesetting, remaining essentially unchanged. It was popularised in the 1960s with the release of Letraset sheets containing Lorem Ipsum passages, and more recently with desktop publishing software like Aldus PageMaker including versions of Lorem Ipsum

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The Government-backed financial support available for small businesses

The Government has announced over £300 billion in funding to help small businesses survive COVID-19. In this post, we have included all the financial support for small businesses available from the Government and how to apply. 

Bounce Back Loan Scheme (BBLS) 

The Bounce Back Loan Scheme is open to the UK’s smallest small businesses who will be able to borrow between £2,000-£50,000 as of 4th May. The Government will provide lenders with a 100% guarantee and there will be no fees for small businesses for the first 12 months and no repayments will be due during this period either. Small businesses can apply quickly and easily by answering seven questions and the cash should be in accounts within days. You can find out which lenders are offering the scheme.

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Get your business ready to receive government backed discounts from today

Eat Out to Help Out Scheme: How it works 

Last week Rishi Sunak set out a raft of measures to continue to support small businesses, particularly those in the hospitality sector. One of those measures was the Eat Out to Help Out Scheme and in this short blog we explain everything you need to know about it and how to register. 

What is it?

The scheme is intended to encourage people to eat at or order in from restaurants. It can be used every Monday, Tuesday and Wednesday from 3rd-31st August and restaurants can offer a 50% discount on all food and non-alcoholic drinks up to £10 per person. 

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