We can help clients adapt to challenging times, ensuring operational & financial resilience, supplementing resource and skills in project planning, management and business continuity. Our skills and experience mean we are well placed to help clients to adapt to the changes brought on by recent events
AP Benson has, with its range of skills and experience, a record of assisting clients in times of economic difficulty. We have worked through major recessions, including the early 90s and the crisis of 2007–08.
The Covid-19 crisis is having an immediate and direct impact on the economy both in the UK and across Europe and the World. It is likely that the outbreak will continue to affect businesses for some time, with estimates of time until we pass the peak of cases ranging from several months to, perhaps, a year. The extent of the damage will depend on how quickly the virus is contained, the steps authorities take to contain it, and how much economic support governments are willing to deploy during the epidemic’s immediate impact and aftermath.
The UK government and the Bank of England, along with their international peers, have already intervened to support business, with measures on national insurance, business rates, sick pay and relief for small firms affected by Covid-19. It is likely that these interventions will be added to in the coming days and weeks. As in previous crises, the Government is also likely to help businesses by allowing firms to enter into arrangements to pay business taxes. These measures are designed to preserve the economy and to plant the seeds for recovery.
How We Can Help
AP Benson can assist with the two key requirements that businesses will have during times of crisis:
- Provision of managerial and staffing resource to deal with operational management or the management of current projects, and;
- Project management services for the implementation of processes and projects, responding to demand generated by the crisis, planning for implementation, supporting business continuity or recovery as the crisis passes.
AP Benson has experience in working with clients at all levels in business from SMEs to multi-nationals. We have clients in the public and private sectors and also specialise in working with social enterprises.
AP Benson consultants are skilled in business planning, financial modelling, budgeting, and taxation advice, project management, change management and process efficiency advice, all of which are relevant in covering for absent resource or in developing new opportunities while existing staff address immediate priorities. We can also help with specification, procurement and managing implementation of business IT solutions, development of collaborations, consortia and funding applications for R&D, and project and programme evaluation.
We have experience in developing business plans and financial models, including in situations where a plan for business turnaround or recovery is needed. AP Benson consultants have experience in developing and executing business recovery and turnaround plans, working with Administrators on the turnaround of client companies. We have an associated turnaround and recovery practice, Gore and Company, where more formal advice is required.
Please contact us if you need skilled resource to help you manage through these difficult times.