One of the keys to surviving this crisis will be reducing business (and personal) outgoings to a minimum.
The following are a list of ideas to help you plan how you may save:
Go through bank statements and highlight each regular payment. Phone or e-mail each in turn and asked for a payment holiday / suspension of service or reduction in payment. If they will not help. consider if you really need the arrangement. We have seen an example of phone bill dropped from £30 per month to £11 for example. Insurances may give a payment holiday. No one will want to lose you as a client and everyone will be aware that as a freelance you are not earning. It makes sense for organisations to help.
The following is a list of links to the major UK lenders and their pages regarding their support during the COVID-19 outbreak (This is not an exhaustive list nor is it in any particular order – if you have any other suggestions for additions, please contact firstname.lastname@example.org) :
Remember: The BPPA will try to offer as much support and advice to our members as we can. Anything that we do share will have been checked before posting but, given the fast-moving nature of the crisis, we cannot promise that everything we post is as up-to-date as we would like it to be. We would therefore suggest that you don’t rely solely on advice, links and suggestions made here and that you use the information as part of your decision making process by cross-checking it with other sources.