Tough times for businesses calls for local support

The resignation of Mariners Chairman Richard Peil this week highlights the harsh realities many local businesses face. (See story )

After two-and-a-half years leading the club through its most successful era, Peil cited financial constraints as the main reason for stepping down.

The Mariners’ funding from the APL has been slashed from $2.35M annually when he took the role, to $2M last season, and now just $530,000.

The financial struggles impacting the Mariners mirror challenges faced across the Central Coast.

Recently, Community Transport Central Coast ceased operations, and many local cafes and restaurants have either closed or are on the brink of closure.

Even CCN has felt the pinch, with reduced cash flow as customers struggle to make ends meet.

Rising costs, reduced consumer spending, and limited funding are hitting businesses hard.

Tough decisions like cutting staff, reducing services, or closing are becoming unavoidable.

While these changes are painful, they’re sometimes necessary for survival.

Yet, there are things we as a community can do to help.

Buying locally isn’t just a catchphrase; it’s essential.

Whether choosing a local restaurant for dinner, shopping at a nearby store, or attending a community event, every small act helps.

Even non-monetary support, like sharing positive experiences on social media or recommending local businesses, can strengthen our community’s resilience.

These tough times won’t last forever.

The resignation of Richard Peil serves as a wake-up call. Our local businesses need support to weather this storm.

If we act collectively by buying locally and spreading the word we can help ensure that when better days come, the Central Coast’s business community is still standing strong.

David Abrahams – Managing Editor