Business News

New Federation of Small Businesses report calls for South West's town centres to embrace change

Published by
Peter Davison

Towns in the South West need to be brave, to work in partnership, and to fully celebrate their identity in order to deal with the challenges of the future, according to a major new business-led report produced by the Federation of Small Businesses.

The FSB in the South West has produced a wide-ranging report which urges towns to move away from being an ‘identikit’ of one another, to encourage local pride, and to embrace digital initiatives to boost a high street and town centre fight back.

The report entitled Freedom, Funding and Fearlessness, suggests that identity, digital promotion, keeping things local, collaboration and regeneration are the key themes that can drive success for towns in the region.

It says towns need the freedom to work out what they need, the funding to support new initiatives and that sense of fearlessness to see how digital innovation and hybrid models can improve their visibility and appeal to residents and tourists alike.

And it also urges everyone involved in a town to come together, work together and to be ambassadors for their town.

The FSB’s South West regional chairman, Lee Nathan, said that the vision behind the report was to encourage small businesses operating within local towns to take ownership and feel that they can be part of the solution to help drive change.

“FSB gives a voice to small businesses and our members tell us they are more successful when they are based in vibrant, thriving towns,” he said.

“Our hope is that by drawing out some key themes that appear to engender success in a location this will spark conversations and new initiatives which will not only revitalise towns but also provide new opportunities for those small businesses based within them.”

Among the recommendations made in the report was for businesses to make the best use of their local BIDs which seek to co-ordinate and enhance local activity.

One of the report’s contributors, Richard Wilcox, who chairs the South West BIDs group, said he had seen many great examples of town centre initiatives which had left him optimistic that the region could be a ‘trailblazer’ for the rest of the UK.

"We are witnessing a resourcefulness to refocus and reinvent at all levels – business, town and cross-region,” he said. “Innovative repurposing of public arenas into greener, healthier and more connected spaces are being mapped out.

"This is about tapping into new ways of thinking, working, living and doing things – pioneering circular local economies that all can engage in, benefit from and ultimately enjoy,” he said.

Peter Davison

Peter Davison is deputy editor of The Business Magazine. He has spent his life in journalism – doing work experience in newsrooms in and around Bristol while still at school, and landing his first job on a local newspaper aged 19. By 28 he was the youngest newspaper editor in the country. An early advocate of online news, he spent the first years of the 2000s telling his bosses that the internet posed both the biggest opportunity and greatest threat to the newspaper industry and the art of journalism. He was right on both counts. Since 2006 he has enjoyed a career as a freelance journalist. He lives in rural Wiltshire with one wife, two children, and three cats.

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