Maghull’s MP holds advice surgery for local businesses.
Maghull’s MP, Bill Esterson discussed advice and support with local businesses at the Town Council’s monthly business breakfast meeting. The MP ran his own business for 15 years before becoming an MP and is Labour’s spokesman on business and enterprise.
The event at Maghull Town Council heard from the Princes Trust about the support available to young entrepreneurs and members of the breakfast group discussed the best way to start a business. The group then heard from Bill Esterson MP and had a lively discussion about business support and about the thorny issue of late payment of debts by larger companies.
Bill Esterson MP said, “I ran a business for many years and my wife runs a business in Maghull. So every day I get to hear about the challenges which businesses here in East Sefton face. It is excellent that Patrick McInley and John Sayers have organised the Business over Breakfast group in Maghull to provide a forum for businesses here. It was brilliant to hear from some of our superb local business people about the challenges they face and we had a really good discussion about the support the Princes Trust can give to younger people who want to start a business. My wife started her first business in 1995 with a loan from the Princes Trust and I was glad to hear that they are still doing so well and helping my constituents.
“We also discussed late payments, which lead to the closure of nearly 300 businesses a year just in Sefton. Across the country £26 billion is paid late to smaller businesses and it is a real problem. Larger firms use smaller firms as a source of credit and our economy really is not a level playing field between many larger and small businesses because of late payment and other contractual disputes. Some of the businesses at the breakfast group told stories of not being able to challenge their larger customers for fear of losing future business and it simply can’t be right that this is happening. I have been running a campaign against late payment across the country and my plan is continue with that campaign until the government gives more support to smaller businesses.
“A number of the businesses commented on the way that the Town Council have supported businesses in Maghull and I would encourage anyone who runs a business in Maghull come to one of the sessions. Maghull Town Council leader, Councillor Patrick McInley co-founded Business over Breakfast in Maghull. The event was expertly chaired by Maghull Councillor, John Sayers. Thank you the Town Councillors and staff for their hard work and to everyone who came to the meeting. I really enjoyed meeting the business people and hearing what they had to say. The event was a bit like an extended MP’s surgery, except that the advice came from all the businesses in the room to each other, rather than just from me. Much of the advice was really good and I hope that everyone learned a lot from the group. I know I did.”
Patrick McKinley co founder of the business over breakfast club said ' it was really good to have Bill at the club giving his overview on how SMEs could be supported. Very interesting discussion of the very successful American model for supporting SMes and the role the German regional banks play in supporting SMEs. The message came through loud and clear that we need to view sensible borrowing for investment as something worthwhile, in turn this will create jobs and the tax take will increase and therefore enable government to reduce overall debt and fund the NHS, this coupled with a clamp down on the activities of multinational companies and others using the offshore secrecy jurisdictions will bring billions back into our economy'
Cllr John Sayers said “The Maghull business breakfast has gone from strength to strength, we meet in the Council Chamber of the Town Council on the last Thursday of each Month, with guest speakers and the opportunity to network plus coffee and bacon sandwiches from Scrummys café, membership is free and new members are very welcome. For further information contact Paul Challinor at Maghull town Hall."
Mark Dempsey from Distinction Homes in Maghull said, “As it is now becoming 'the norm' to hear people's views and thoughts over social media, websites and television, meeting in person with Bill Esterson and other local businesses, hearing them talk and debate on what's important to them made for a refreshing change.”
Businesses can find out more about the Maghull Business breakfasts from Paul Challinor at the town hall firstname.lastname@example.org