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STICK TOGETHER
by Phil Hansen
Listed under: Comments
Published: Monday, October 17, 2011
Listen to the news at the moment and one could be forgiven for thinking we’re stuck in a Groundhog Day type time warp. Talk of recessions, depressions, banking crisis and mounting sovereign debt problems seems to be filing the airwaves with depressing (excuse the pun) regularity – it’s just like 2008!

According to recent news the traffic through the Suez Canal is down 10% year on year – which apparently is used as a barometer for the global economy. The stock market has fallen from 6000 points to 5000 in the last few months, with a 5% drop in its value during the last week, fuelled by the speculation that the Eurozone crisis and US economy could tip us into recession again. And according to the BBC news today, the British Retail Consortium is reporting that 10% of all high street shops in the UK are currently empty. And in the latest report from the government’s retail czar Mary “queen of shops” Portas, there are a number of towns across the UK where around 25% of retail premises are empty.

Not a pretty picture really is it?
Which is all the more reason why we, as a specialist industry working in the luxury goods market, need to work together to benefit from strength in numbers. And that’s why trade associations, in whatever industry they operate, exist to bring benefits to individual members through the strength of the collective.

BADA is no different and in these tough times it’s a really good idea to take another look at the financial assistance that BADA membership brings to your business. With our carefully negotiated member benefits it is possible to save many thousands of pounds per year, and with the ever-increasing pressure on margins that is a very good thing.

Take the business insurance deal we have in place with Cover Notes for example; for the members who have taken out a policy with them it has consistently proven itself by saving them quite a few thousand pounds. One member reduced his business insurance costs by £2500 per year! And you can rest assured that it’s a good policy – written specifically for our industry (with high worth products on display, demo, loan and in transit) – and backed by the power of Aviva.

We also have great deals on BUPA membership, helping you manage your healthcare requirements at a time to suit your business and at prices much lower than those offered by other providers. I can personally testify for this as my premium for the year was half that of the nearest alternative quote.

Also don’t forget the complimentary membership of Retra that we provide for all our retail members. With its fantastic credit card rates as low as 1.06%, great finance packages like buy now pay later, legal helplines, clearing house, extended warranty packages and many others, it contributes enormously to the multitude of savings that BADA membership brings.

That’s not to even mention the fantastic value training, heavily subsidised for members, which will help you to sell more and gain more repeat business. So while times are trying and your mind is naturally focussed on managing the cost of your business, take another look at what we can do for you to help your bottom line. We’re sure you’ll be pleasantly surprised.

If you need any more information about the benefits available give me a call on 07813 893525 or drop me an email .(JavaScript must be enabled to view this email address) and I’ll happily explain what we can do to help your business.

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