Tony Mitchell
Tony's recent articles
- A Year of Celebration
19th January - Bankruptcy Tourism – Another E.U. Headache
20th October - Spring is in the Air
21st April
The Third Sector Under Pressure
14th July 2011 11:18
The collapse of Southern Cross is the manifestation of what happens when capitalism meets social responsibility and the market is allowed a free hand to run services which had become the funding responsibility of central government and local authorities.
It is not for me to put the moral case as to whether the care of the less fortunate should be the collective responsibility of us all and which we chose to delegate to those working in the third sector. However, there must be a way that the efficiencies of the private sector can be merged with the caring ethos that exists within those working within the third sector.
At Cranfield Business Recovery covering Coventry, Warwickshire and the West Midlands we have already had to help a number of organisations providing support and services to the most vulnerable and needy in our community to deal with financial problems arising as a result of the austerity measures already introduced.
Unfortunately, we believe that there will be many more organisations that will fail over the coming months as a result of the cut backs in funding. However, we also believe that with external support from those experienced in advising businesses in times of financial distress that not all need fail and as many as possible will continue to offer the support and the services that many in today’s society need.
There has never been a greater need for organisations such as Voluntary Action Coventry (formerly known as Coventry Voluntary Service Council), a local infrastructure organisation, which has since 1957 been supporting voluntary and community sector organisations in the City of Coventry and also for us as business rescue specialists in Coventry and Warwickshire to offer assistance and advice.
