Small businesses under "tremendous strain", says Cllr McCormack

Local Councillor and business owner, Cllr Tony McCormack emphasised the urgent need for continued and targeted support for small businesses across Offaly, citing their role as the backbone of the local economy.

Cllr. McCormack, past President of the Chamber of Commerce, expressed concerns over the pressures small businesses face, particularly in the context of rising costs and limited discretionary spending.

“Small businesses are at the heart of our community, but they’re under tremendous strain," said the Fianna Fáil general election candidate for Offaly.

"As a business owner myself, employing 16 staff in Print Plus, I understand the hardships businesses face, from making payroll each Friday to dealing with increased operating costs.

"It’s crucial that we create a vibrant and balanced retail landscape across Offaly, one that not only attracts visitors but also makes towns across Offaly a preferred fertile ground for local businesses to flourish.

Cllr McCormack pointed out that the increase in the minimum wage, though essential for workers, poses an additional challenge for small businesses already managing tight budgets.

"Small businesses are taking the hit with each incremental cost," he said. We must also consider the impact these policies have on local shops, restaurants, and service providers who are working hard to keep their doors open.”

"The success of Tullamore and other towns as a business hub depends on a thoughtful balance of retail, tourism, and services,” he continued.

“We need to foster an environment that not only attracts businesses to set up shop but also helps them stay open and succeed. This balance will ensure that Offaly remains a dynamic and appealing place to live, visit, and do business."

While the recent budget was progressive in several areas, Cllr McCormack noted a missed opportunity in not securing a VAT reduction to 9% for hospitality and tourism-related businesses.

"A reduced VAT rate would benefit local businesses in the hospitality and tourism sectors, creating more incentive for visitors and helping Offaly shine as a prime Irish destination," he added.

“The budget moves us in the right direction by supporting these essential enterprises, which are crucial for our county’s vitality”.