How Epsom's businesses came together to fund their own high street
At the end of 2017, businesses across Epsom voted to tax themselves to pay for the town centre's own upkeep and promotion. That is what a Business Improvement District actually is.
At the end of 2017, businesses across Epsom town centre voted to set up a Business Improvement District, known locally as Go Epsom. A BID is a specific legal arrangement, not a marketing phrase: businesses in a defined area agree to pay a small levy on top of their business rates, and that money is ring-fenced to be spent only within the BID area, on things the businesses themselves decide matter.
That is a genuinely different model from either a council-run initiative or an informal trader group, and it is worth understanding the difference.
What makes a BID different
A council can choose to spend on a town centre, but its budget is set by wider priorities and can be redirected. A BID's money cannot be spent on anything outside its area or its agreed plan, because the businesses who pay the levy have a formal vote on what it is used for. That makes it slower to set up, since it needs a ballot most local traders actually vote for, but harder to quietly deprioritise once it exists.
Epsom's BID counts Epsom Downs Racecourse and the borough council itself among its members alongside the shops and cafes on the high street, which matters because it means the town's biggest single draw and its everyday traders are paying into and deciding on the same pot, rather than pulling in separate directions.
What it actually buys
In practice, a BID typically funds things no single shop would pay for alone: coordinated events, a shared marketing presence, seasonal decoration, and improvements to the public spaces between shops. None of that shows up on any individual trader's balance sheet as revenue, and all of it affects how many people choose to be on the street at all, which is the precondition for every shop's own marketing to have anyone to work on.
The part worth being honest about
A BID is not free money. Every business in the area pays the levy whether or not it feels it benefits, and a business that gets little passing trade from town centre footfall, a solicitors' office, say, is subsidising the same activity as a cafe that lives or dies on it. That tension is real and it is exactly the kind of trade-off a local business network always involves: the businesses who gain the most are rarely the ones paying the largest absolute share, and a BID only works if enough of them accept that the arithmetic does not need to be even to be worth it.

Founder of oXo Creatives, founded 2013. Roles at Meta, Google, PlayStation, King and NatWest.