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2 minute read
Giving Businesses a Voice: Influencing Policy and Shaping the Future
The Importance of Business Participation
With recent changes in government policy and the latest budget announcements, it is more important than ever for businesses to have their say. The Kent Invicta Chamber of Commerce strives to be the representative voice of local businesses, and the Quarterly Economic Survey (QES) offers you a platform to share your insights on these crucial economic shifts. But what exactly are the benefits of taking part in this survey?
How the Survey Works
When you take part in the QES, you’re doing more than just filling out a survey; you’re becoming a participant in shaping the policies that impact your business.
Here’s how it works: the data you provide is collected and analysed to paint a clear picture of the current business landscape both in Kent & Medway and through the British Chamber of Commerce at a national level. This information is then shared with local, regional, and national government bodies. Essentially, your voice helps to highlight the real-world challenges and opportunities that businesses like yours are facing, especially in response to the latest government budget.
The Impact of Your Feedback
Your insights can lead to more informed decisions and better policies that support business growth and stability. Imagine if the government knew exactly what your biggest hurdles were—whether it’s tax regulations, access to funding, or workforce issues. By taking part in the QES, you provide that crucial feedback. It’s like having a direct line to policymakers, ensuring that your concerns are heard and considered.
The Value of Early Insights
One of the standout features of the QES is that it is the earliest business sentiment survey, with data published in advance of the Office for National Statistics (ONS) data each quarter. This means that the insights gathered from your participation not only provide timely input for policymakers but also offer a leading indicator of economic trends.
Advocacy and Tangible Improvements
All this data and insights results in more effective advocacy efforts from the Kent Invicta Chamber and the British Chamber, as they use the survey results to lobby for changes that truly benefit the business community. In short, your input can lead to tangible improvements in the business environment, making it easier for your company to thrive.
Understanding Economic Climate
Additionally, the survey results provide a snapshot of the economic climate, business confidence, and market conditions, allowing you to see how your business stacks up against broader trends. This comprehensive insight can help you make more informed strategic decisions and adjust your business strategies accordingly.
Additionally, the survey results provide a snapshot of the economic climate, business confidence, and market conditions, allowing you to see how your business stacks up against broader trends. Understanding these trends can offer reassurance that you are not alone in facing these challenges as well as help you make more informed strategic decisions and adjust your business strategies accordingly.
Conclusion
The Quarterly Economic Survey isn’t just about collecting data; it’s a powerful tool for change and improvement. By taking a few moments to complete the survey, you’re investing in the future of your business and the broader economic community, especially during this crucial period. Your voice matters, and through the QES, you can make sure it’s heard. Complete the survey here and make your voice count!