Issue - meetings

The Executive Member for Finance and Governance and the Director of Finance submitted a report for Executive’s consideration.

The report highlighted the opportunity for efficiencies with a scale up (or down) approach according to economic climate and resource availability within the Local Authority.  Working with businesses effectively from the outset streamlined processes and avoided duplication of work.

The report also showed how to co-ordinate strategies to support a holistic approach to Residents and Business services, which recognised the nature of their inter dependency.   

OPTIONS

No other options were recommended as the approach was in response to directed actions within the Council’s Strategic Plan as approved by Executive on 5 April 2022.

ORDERED

That Executive: -

1.     Approve the adoption of the Business Support Strategy; and

2.     That delegated authority to approve any future revisions/modifications to the strategy be provided to the Head of Resident and Businesses Support and the Director of Regeneration.

REASONS

The strategy actively supported the local economy by providing a co-ordinated business support approach.

Co-ordinated strategies provided the opportunity to deliver a holistic approach to both resident and businesses, recognising the nature of their inter dependence.

The strategy highlighted the opportunity for efficiency measures and a scale up (or down) approach by working with businesses effectively from the outset to streamline processes and avoid duplication of work.