Checklist for Developing BIDs
If your location has started work towards developing a BID, or if you are just at the initial ‘thinking’ stage, British BIDs membership will prove invaluable.
British BIDs will help you through the following stages of the development process:
- The Background to BIDs – Why were BIDs brought here and why do they make a difference?
- The Feasibility Stage – Setting the foundations - what makes for a successful BID? How do you find out what businesses may want?
- The Planning Stage – The BID Proposal, Budgeting, Local Authority requirements, Operating Agreements, Baseline Service Agreements.
- The Campaign Stage – How to manage an effective campaign and win that ballot.
- The Establishment Stage – Once the ballot is over, getting the BID up and running with the appropriate procedures and governance in place.