Archive for May, 2013

How To Achieve Growth is Biggest Challenge Say Company Leaders

Knowing the best way to achieve growth is the top business challenge for company leaders from North West England, a newly published Liverpool Daily Post survey has found. The poll, conducted on behalf of the GrowthAccelerator scheme, found 33% of business owners in the region citied “a clear stratey for growth” as an obstacle to increased success. The survey also found one in 20 companies did not have a written business plan.

 

The survey results also showed 18% of business owners spent most of their time planning for growth, 60% said they did not work regularly or at all on improving their business strategy, and 39% said they only revised their business plans “occasionally”.  Meanwhile 60% said they could not recite their firm’s objectives for the next year.
Read more: Liverpool Daily Post GrowthAccelerator survey lifts lid on companies struggling to achieve growth – Business News – LDP Business – Liverpool Daily Post http://www.liverpooldailypost.co.uk/ldpbusiness/business-local/2013/05/30/growthaccelerator-survey-lifts-lid-on-companies-struggling-to-achieve-growth-99623-33394534/#ixzz2UqNaESTm

Don’t Miss out On Europe

  Despite all the gloom surrounding the Euro zone almost 40% of members of the British Chambers of Commerce (BCC) are actively exporting their goods and services in 2013.  This is a significant increase on 32% last year.  Additionally, according to a BCC survey the EU remains the largest market for UK exporters with 87% of respondents trading in the region.

Potential future growth markets favoured by current exporters include Brazil, Russia and Qatar, and the majority of respondents stated that ease of finding overseas customers and distributors were the factors most likely to encourage them to export.

As ever if you have any thoughts or comments about this topic or my blog please use the comment box below or email me at martin.parry@mgba.co.uk
There is more about the BCC survey results at:
http://www.britishchambers.org.uk/policy-maker/policy-reports-and-publications/2013-international-trade-survey.html

Sc: BCC, MGBA, UKBA

Business Coaching and Funding Opportunity

If you manage, support or mentor small or cocial businesses in the Birmingham areas this could be for you.  Winning Moves of Stafford are running a project called Enterprise Catalyst in Birmingham. 

The project offers a combination of 1-2-1 business coaching and workshops that help businesses preprare to apply for a grant of up to £10,000, exceptionally, £15,000.  Businesses will need to match any grant funding on a £1 for £1 basis. Winning Moves are looking for businesses, especially social enterprises, that could benefit from the project.
Broadly, eligible businesses are those that have been trading for 12months+ and are located within the priority3 areas of Birmingham (wards such as Aston, Nechells, Handsworth, Ladywood) and are ERDF eligible ie not retail, construction etc…

If you are interested in finding out more for your own business, or one you are working with – or if you have any questions please respond using the comment box below or drop me an email. I’d be pleased to hear from you.

SMEs Miss Benefits of Apprenticeships

According to research by Barclays Small businesses are missing out on the benefits of apprentices . firms using apprenticeship schemes typically gain a £214 productivity boost every week. Despite this small firms are half as likely as larger organisations to take on an apprentice this year. Just 12% of small firms are planning to increase the number of apprentices they recruit. Additionally, 39% of small firms cite red tape as the greatest barrier to hiring an apprentice.

Read more about the research at:
http://www.newsroom.barclays.com/Press-releases/Small-businesses-missing-out-on-the-benefits-of-apprenticeships-a2e.aspx

Sc: MGBA. UKBA

HMG Pledge £200m to GrowthAccelerator

GrowthAccelerator is a new, premium service that is helping England’s brightest growing businesses achieve their ambitions with rapid, on-going and sustainable growth of 20% per year, year-on-year. It’s a partnership between private enterprise and Government. The Government has invested £200 million in this scheme to make it affordable for every entrepreneurial business as their growth will help the economy.

For more information complete the contact form below or email me

GrowthAccelerator on YouTube

Sc: MGBA, UKBA

Birmingham Home To Fastest Growing Businesses – Poll

According to a poll by GrowthAccelerator birmingham is home to the fastest growing businesses in the UK.  Closely followed by by Westminster, Leeds and Manchester.  If you think your business location is key to your growth and prosperity click here for a Guardian poll on the subject.

Top Tips To Help You Win government Contracts

A series of videos to help SMEs and voluntary organisations pitch for and win government contracts have been released. We want suppliers of all sizes to be able to compete for and win government business and we have reduced many of the barriers and bureaucracy in public sector procurement. But we know that bidding for government contracts can seem overwhelming – government is after all, a highly desirable client, one that pays on time and requires a large number of services, so we understandably expect

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