In our experience, rural communities have demonstrated resilience most strongly when they work together to take control of assets and services they value and need. One of our key objectives for 2023 is to extend our reach and build awareness of the community business model and our support for business UK-wide. ‘Growing the sector’ also means uniting the network of rural community businesses to work together and be recognised as a cohesive movement.
Plunkett advisers are working with groups to review cash flow forecasts, revise business plans and looking at all and any efficiencies that can be made in a business’s operation. In some cases, we are supporting community businesses to fundraise, crowdfund, and re-launch community share offers in order to support their very existence.
It is clear that our offer of support will not solve the crisis on its own. We aim to represent our members and the wider community-ownership movement in all our policy and advocacy activity and in response to this crisis it is no different. Plunkett is already working with partners, from across the sector to coordinate our efforts and make the case that community-owned businesses must be supported or risk being closed for good.