Charity Rent Reduction - Rent Reform
Charity Market Upheaval
As the UK economy shrinks the outlook for many Charities is bleak. A survey carried out for the Charity Commission reported that in 2008 40% of Charities stated they had been hit by the economic downturn; 1 in 5 reported increased demand for their services while more worryingly over 50% stated that their overheads had increased.
Rising overheads, decreasing income and increased demand for services is a formula that will not work for many charities in 2009. Both the government and Bank of England have independently recognised that the UK economy is in recession, with negative growth continuing for the next quarter at least. Falling inflation and interest rates only have a detrimental effect on Charities cash reserves, and rising unemployment & bankruptcies are not conducive to a positive outlook for charitable donations.
Charity Rent Reduction Reduces Charity Overheads
This is a bad environment for any organisation that depends on the donations of those that can afford; and the diligent management of costly overheads by those who care.
Which Charities will survive this hostile environment in 2009? and who will suffer as a result of those great Charities that don't survive?
Rent RE^FORM seeks to make the current environment more hospitable by restructuring and reforming your largest fixed cost: RENT.
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