When you are growing your business, there are always new challenges. From finding the right people to accessing the right type of finance, from breaking into new markets to developing your people and your new ideas, there will be times when you will really want advice, support and information.
Financing and planning business growth
There are many different types of finance available to a company with ambitions to grow. Find guidance and advice about finance for growing.
A bank loan is not the only way that you can raise money to develop your company. For some businesses, equity investment – raising capital through the sale of shares in a business – may be most suitable.
For other businesses, debt finance may be more appropriate. You could consider raising funding through alternative finance providers such as peer-to-peer lenders or crowd funding platforms.
There is a highly favourable environment for businesses and those who invest in them. In addition to the growing diversity of sources of finance, such as crowdfunding and peer-to-peer lending, there are schemes and incentives devised to help companies of all sizes secure funding.
Recruiting & Hiring staff
Whether you are employing someone for the first time or taking on extra staff, there is practical guidance, advice and financial help.
When you recruit new staff you’ll find there’s lots of helpful advice and support available to help you get the job specification and description right, find the right candidates, hold interviews, take up references and make the eventual hiring decision.
Building your people management skills
Strong leadership and management is critical for the success of a business. It drives innovation, unlocks the potential of your workforce and enables you to drive productivity and growth. It’s not always easy – and it is never quick – to build up strength and depth in management capabilities. But the potential gains are clear: improved survival rates, better employee motivation and well-being, and increased profitability and performance.
Effective sales and marketing lies at the heart of successful business growth. Promotional and advertising campaigns – and deciding on the most appropriate media and creative execution – can build awareness, generate leads, acquire new customers and make a business stand out. Market research can help identify and create new products and markets. Customer relationship management strategies can help build business from an existing client base.
Get your Business Online
Your website can be both your shop-window and your business card. Your customers can find you and learn more about you. Your website is the best way of telling them more about your business. Even if you don’t plan to sell your services online, having a website will be beneficial to your business, and we have some tips on how to go about setting it up.
Grow your Export Business
Experienced exporters need advice, support and fresh leads just as much as first-timers.
Whether it’s about expanding your footprint in existing markets, identifying and breaking into new, high-growth ones, or investing in overseas operations and operating regional hubs, new demand for your product is out there. And there’s practical support to help you fulfil it.
Don’t miss out on the help and support available for businesses to grow and sell overseas which can help you increase your sales and growth.
Protect and Exploit your Ideas
You can get expert, tailored advice on Intellectual Property from many sources. Find the type of support that will help your business.
A large amount of expert, tailored Intellectual Property (IP) advice is available to small and medium-sized businesses, from free workshops and online resources to subsidised support, education and coaching.
Many companies have taken such advice to then successfully develop new ideas and create value.