Browse the business plan
Click on the cover to view the plan or
Make It Ealing is a Business Improvement District (BID) with a defined boundary area.
HOW DOES A BID WORK?
The Secretary of State approves a Business Improvement District (BID) as a ring-fenced area of commercial and retail businesses.
Every five years, we are legally required to ballot businesses for approval of a new business plan, allowing us to continue delivering projects.
Every business within the Business Improvement area pays a levy of 1.3% of its rateable value per year.
A voluntary board of levy-paying business owners and managers oversee BID legal compliance and regulation. They employ salaried staff to ensure the delivery of the proposed projects and everyday concerns impacting the High Street environment.
WHAT IS THE DIFFERENCE BETWEEN BID LEVY AND BUSINESS RATES?
Business Rates – or Non-Domestic Rates, as they are also known are used to cover the cost of local services such as street lighting, road and pavement maintenance and keeping the area clean & safe. In essence, the infrastructure surrounding a commercial and retail environment. The council keeps 30% of the amount you pay, the central government collects 33%, and 37% is given to the Greater London Authority.
BID levy is used to fund projects for the benefit of the businesses paying the BID levy. As our business plan illustrates, we do not replace, sponsor or fund ‘additionality’ to council services.
WHAT DOES A BUSINESS IMPROVEMENT DISTRICT (BID) SPEND THE LEVY ON?
The money a Business Improvement District collects is for the sole purpose of delivering projects as outlined in the elected business plan. We aim to enhance and improve the retail and business environment, as well as the consumer experience.
WHAT DOES A BUSINESS IMPROVEMENT DISTRICT (BID) DELIVER?
The BID works for you. We represent your voice, delivering your feedback to all decision-making bodies that impact the look and function of our town centre.
Our ambition on your behalf is to showcase our town centre as a destination to shop, work, stay and invest.
For everyday needs, we negotiate savings through joint procurement, assist with training for essential legislative compliance, and deliver town centre events and decorations to enhance visitor experiences and digital conversations.
We are a physically connected presence in the town centre and on hand to resolve immediate issues, allowing you to focus on your business.