City of Wolverhampton Council - Business Support Team Survey

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* 2. What is the current trading status of your business?

Continuing to trade as normal

Trading with reduced revenue flows

Have temporarily closed down or paused trading

Have permanently ceased trading

What was your annual turnover last financial year?

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* 3. What percentange of your invoices are overdue as a result of the pandemic?

Between 0 and 5%

Between 6 and 10%

Between 11 and 20%

Between 21 and 35 %

Between 31 and 50%

Over 50%

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* 4. What percentange of invoices do you think will be classified as bad debt due to the pandemic?

Between 0 to 5%

Between 6 and 10%

Between 11 and 20%

Between 21 and 30%

Between 31 and 50%

Over 50%

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* 5. Which Government schemes have you acessed or intend to access due to the pandemic?

Business Rates Grant (£10,000) - Small business rate relief or rural rate relief

Business Rates Relief (12 months) for businesses in retail, hospitality and leisure sectors

COVID-19 Corporate Financing Facility

COVID-19 Self-Employment Income Support Scheme

Coronavirus Future Fund for innovative companies facing financial difficulties due to the pandemic

Coronavirus Business Interruption Loan Scheme

Deferral of VAT payments

Deferral of Self-Assessment payment

Furlough Scheme (80% support with staff wages in order to retain jobs)

Grant funding of £25,000 for retail, hospitality and leisure businesses (rateable value between £15,000 and £51,000)

HMRC Time To Pay Scheme

Staututory Sick Pay Scheme - claim for money paid to staff due to coronavirus

What further support do you believe the Government or the Council could provide?

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* 6. How many staff are or plan to be retained with the support of the Furlough Scheme?

Between 0 and 10

Between 11 and 25

Between 26 and 50

Between 51 and 100

Between 101 and 200

Over 200

How many staff do you currently employ?

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* 7. How many members of staff is your company likely to require after the pandemic?

All

Most

Half

A few

None

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* 8. Is your business adapting to the current business environment?

Business adapting – new products or services introduced

Business adapting – products or services for NHS

In the process of adapting

Cannot adapt

What is the percentage of contracts that are on hold or cancelled as a result of the pandemic - if any?

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* 9. What other challenges has your company experienced as the result of coronavirus? Select all that apply.

Reduction in corporate spend

Reduction in business enquiries or leads

Supply chain issues (raw material not being delivered)

Employees or their family members being diagnosed with coronavirus

Decrease in productivity due to remote work

Lack of remote working facilities

Issues with employee morale

Difficulty staying connected with your customers

Non payment of invoices for work completed

Childcare for working parents

None of the above

Other (please specify)

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* 10. The data collected and any reports produced from this questionnaire will be anonymised. However, if you would like to discuss any of the issues you have raised with a member of the City of Wolverhampton Council Business Development team please provide your email address and/or your phone number.

City of Wolverhampton Council - Business Support Team

Impact of COVID 19 on your business

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* 1. Which sector does your business operate in?

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* 2. What is the current trading status of your business?

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* 3. What percentange of your invoices are overdue as a result of the pandemic?

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* 4. What percentange of invoices do you think will be classified as bad debt due to the pandemic?

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* 5. Which Government schemes have you acessed or intend to access due to the pandemic?

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* 6. How many staff are or plan to be retained with the support of the Furlough Scheme?

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* 7. How many members of staff is your company likely to require after the pandemic?

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* 8. Is your business adapting to the current business environment?

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* 9. What other challenges has your company experienced as the result of coronavirus? Select all that apply.

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