The impact of Coronavirus is having a profound impact on our entire community.
Firstly, we hope that you and your loved ones are safe.
The extraordinary events are affecting us all – including your clients, the media and metro and regional advertising at all levels. We want to assure you that MPS is committed to working with you to help you get through these difficult and challenging times and mitigate the obvious economic consequences.
MPS is well positioned given the current circumstances. The extra steps we have taken together with our already low level of overhead, gearing and home offices, will keep us here to support you.
There are steps you can take to help better manage risk and navigate through this period of uncertainty. We want to share these with you and also some measures MPS have introduced to support you in managing the impact of COVID-19 on your business and your commercial relationship with your clients.
We are in touch ongoing with our Agency clients to listen to their situation and concerns, and review the forward plan for our business partnering. As we all work through necessary change, please contact us if we can help in any way. MPS is here to support you through these unusually demanding times.
We will continue to outline details of the steps MPS has taken to further strengthen our capability, the effect on service delivery, trade credit for your clients, new client applications, collections and debtor difficulty options.
We also want to emphasise one key focus. What’s ‘unprecedented’ right now is an extraordinary level of economic stimulation, exceptionally low interest rates, a resurgence of local economic engagement and many examples of Australian’s supporting each other. There will be difficult months ahead for sure, however the ‘curve’ will flatten, and our economy will turn around. We will be there with you when the good times return.
In the meantime, MPS is here to support you through these unprecedented times.
