Businesses in Salisbury are on track to make collective cost savings running into six figures under a new joint buying scheme.
Salisbury Business Improvement District is partnering with a procurement specialist to help members cut the price of items such as gas, electricity, telecoms, water, pest control, safety testing and the processing of credit card payments.
The BID’s contract with Meercat Associates is based on collective buying power to source the best deals possible.
The scheme is free to all of Salisbury BID’s 550 members.
Chief executive Robin McGowan said: “Reducing costs is a top priority for many businesses and this scheme is set to make a real difference.
“Our provider works only with BIDs and has a strong track record of saving millions of pounds across the country.
“Many members have found their savings are more than their annual BID levy.”
Meercat works with over 130 BIDs nationally and has made £15million of cost savings.
In the south alone, they have already made £250,000 of savings for businesses from six BIDs.
Members who want to take advantage of Salisbury BID’s cost saving scheme are invited to contact the BID.
Recent bills will be analysed confidentially to calculate potential savings.
Meercat manages the whole process on behalf of BID members, including securing the best prices, finding the most appropriate services, and managing renewal contracts and any supplier switches.
Salisbury BID represents 550 businesses within the ring road including retailers, food and drink providers and professional services.