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Get the free Branch Closure Impact Assessment - The Co-operative Bank

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Closure Impact Analysis Report: From Date of closure: Tuesday, 6 June 2023 Background We continually review our Branch Network to ensure our branches are in the right locations which reflect the long
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How to fill out branch closure impact assessment

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How to fill out branch closure impact assessment

01
Identify the purpose of the branch closure impact assessment.
02
Gather data on the branch's operations, customer base, and financial performance.
03
Analyze the potential impact of the closure on employees, customers, and the community.
04
Develop a plan to address any negative consequences of the closure.
05
Communicate the findings of the assessment to relevant stakeholders.

Who needs branch closure impact assessment?

01
Companies or organizations planning to close a branch location.
02
Government agencies overseeing branch closures.
03
Community members affected by the closure.
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Branch closure impact assessment is a process of evaluating the potential effects and consequences of closing a branch or location of a business on various stakeholders and the surrounding community.
Businesses that are considering closing a branch or location are typically required to file a branch closure impact assessment.
Branch closure impact assessments are usually filled out by gathering data on employees, customers, suppliers, and the community affected by the closure, and analyzing the potential impacts.
The purpose of branch closure impact assessment is to understand and mitigate the negative effects of closing a branch on stakeholders and the community, and to make informed decisions.
Information about employees, customers, suppliers, economic impact, community support, and any planned mitigation measures must be reported on branch closure impact assessment.
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