BID Business Plan 2017-2022 ONLINE

THE CONSULTATION WITH
LEVY PAYERS
What you told us!
The Coastal BID’s original vision and objectives remain valid for the next five years.
While local trading districts want more control over how the money raised in their area
is spent, marketing Bournemouth as a destination remains important.
Businesses are looking for tangible and demonstrable returns, although these benefits
vary from business to business. These may be marketing, event or business support
related, while for others the focus will be on aspects of corporate social responsibility.
Overheads should be kept as low as possible.
Office based businesses should be more involved in community projects and could
have access to BID services as BID levy payers.
Marketing the destination remains important for 64% of all businesses across all
sectors. The BID should not replace the Council’s statutory services.
71% of businesses said that Partnership working is important.
The BID levy should not be increased above the current 1.5% of rateable value.
The rateable value threshold should be increased to match that used to calculate
small business rate relief. (This will raise the threshold from the current £9,500 to
£12,000.)
Encourage more ratepayers with a rateable value of less than £12,000 to join the BID by
paying a fixed voluntary contribution of £150.
Group procurement and bulk buying were of interest to 53% of businesses.
Over half those who responded said business support was a key requirement.
A new priority is placemaking, with concerns around issues such as the capacity of the
car parks, their cost and tackling anti-social behaviour (including shop lifting).
Increased business can be identified from BID-supported events, however these need
to be evaluated on a case by case basis.
“The Bournemouth Coastal
BID is an excellent and quite
unique example of regional
place management embracing
strategic destination
marketing alongside very
local tangible district
delivery.”
Dr JULIE GRAIL
The BIDs Business
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