27 Nov Hammersmith BID has received its British BIDs Accreditation Award
The British BIDs Accreditation is an industry-recognised standard, an award assessed externally by independent auditors and designed in line with best practice for BIDs.
Accreditation feedback noted:
“It’s clear that Hammersmith BID is well-managed by a team of professionals who apply robust governance and staffing arrangements, financial management, performance management and excellent communication processes to the delivery of the BID.”
The accreditation feedback report also praised Hammersmith BID’s annual Levy Card Report, which is distributed to businesses. The Report shows how the BID spent the past year’s budget and how it intends to spend the following year’s levy to which the bill applies, which demonstrates best practice guidance.
The BID’s commitment to carrying out regular surveys each year with an excellent (60%) response rate was also highlighted, which indicates strong communication with levy-payers, alongside a marketing and e-communications plan to ensure effective B2B and B2C communications.
Lastly, the BID’s multi-faceted communication approach was championed. Hammersmith BID is in regular contact with its levy payers through a variety of mechanisms including face to face opportunities, social media, website update, e-alert and monthly business forums.
We are delighted to have received such excellent feedback and enthusiastic about continuing to strengthen partnerships within the business district to deliver our business plan and future projects.