According to data from Paymentsense, both May bank holiday weekends are expected to bring in a total revenue of £118m. This figure is based on the increase in sales volumes in 2018, with the Early May Bank Holiday being up by 6% and the late one up by a further 5%.
Previous research has shown how much a small business sacrifices by closing on a bank holiday. Yell Business previously conducted a study of 1,500 UK small business owners, which revealed that closing on any bank holiday costs an average of £253 per day.
However, many businesses will still choose to shut up shop on bank holidays to take a well-deserved break. The Early May Bank Holiday has been and gone, but if you are thinking of closing on Monday 27 May, here’s how you can make better use of your time leading up to and on the bank holiday.
Update your holiday hours
Before you turn on your Out of Office message, make sure you update your website and social media channels with your holiday opening hours to keep your customers up to date.
It’s important that your customers know your availability to reduce frustration. Failure to update your holiday hours could result in losing customers’ trust and, consequently, them taking their business elsewhere.
Get to grips with your paperwork
Spend a few hours of your extra holiday day ensuring that your health and safety paperwork is compliant.
While it’s not the most exciting task to do while you’re offsite, it’s a means to an end; organisations won’t choose you to be their contractor if you’re unable to provide the relevant documentation that demonstrates you’re safe to work with.
Of course, when you’ve actively made the decision to close for the day, you’re unlikely to want to deal with the burden of paperwork. That’s where we come in.
Why Choose Alcumus SafeContractor
We appreciate how time-consuming it can be to stay on top of your health and safety paperwork. Our accreditation scheme will take care of managing your paperwork for you, so you can focus on other areas of your business – or enjoy the extra day’s leave!
With SafeContractor accreditation, you can rest assured that your health and safety paperwork is legally compliant and, in turn, demonstrate to clients that you are a safe contractor to work with.
As a SafeContractor accredited contractor you will eligible for SafePQQ, an online product which aligns to the requirements of PAS91 pre-qualification.
So, what are you waiting for? Make an enquiry today and get the most out of your Bank Holiday with our market-leading health and safety accreditation scheme and pre-qualification questionnaire.