Did you know that there are government funded programmes available to assist you in growing your business?
Small businesses are being encouraged to make use of Government backed schemes where they can apply for assistance to cover a proportion of the costs for professional advice.
Research carried
out found that 69 per cent of small firms seek advice from family and friends
but only 57 per cent take advice from a professional. This is despite 36 per cent
saying they are most likely to trust guidance from a professional above other
sources.
Of those
taking advice from friends and family, 43 per cent said they did so because it
was free, and four in ten businesses that have not taken professional advice
felt that it was too expensive.
However,
60 per cent of small business leaders said they would gain from some form of
professional advice, particularly in sales and marketing. The next area in
which most firms thought they would benefit from help is digital technology.
Lester
Pyatt of Omark Hospitality Solutions supplier of the schemes to the pub sector
commented “I am surprised how many pub outlets are not aware of the funding opportunities
out there. This gives landlords the chance to have a cost effective solution
whereby the operator’s vision and aspirations for the business can be achieved.
He
continued “Landlords can quite rightly be sceptical of “get rich quick” schemes,
but any provider of the programmes has to go through rigorous acceptance
checks, be accredited by a governing association, have professional liability insurance
and have all completed work signed off to the operator’s satisfaction.”
The programme
will seek to provide support in the form of advice which is provided by
approved growth voucher adviser's such as Omark Hospitality Solutions
It must
be said that it is not a case of meeting criteria and receiving a growth
voucher but instead, out of those who meet the criteria, will be chosen at
random.
To
qualify, the business must be situated in England and actively sell goods
and/or services. Furthermore, turnover must not exceed £45m and have no more
than 250 employees.
To complete your application
You will require Companies House registration number or unique
taxpayer reference from HMRC
·
registered business address - business turnover details
·
VAT registration number (if you’re registered) - PAYE
number (if you have one)
·
contact phone number- email address
What if I
am successful?
Successful businesses will receive a voucher for up to £2000 matched
funding which can be used in exchange for advice from a growth voucher advisor
in one of the following areas:
- Raising finance and managing cash flow,
- Recruiting and developing staff,
- Improving leadership and management skills
- Marketing, attracting and keeping customers and,
- Making the most of digital technology.
If your
business has been successful with your application for a growth voucher, that
voucher can be used in part payment for strategic leadership support in
improving a business’s processes and procedures.
Growth Accelerator
Growth
Accelerator exclusively targets high growth businesses who want to enter their
next growth phase focused on the specific needs of your business, and will help
you get to the heart of the barriers that are holding your business back and
work alongside you to identify the critical steps you need to take.
It is a
government backed programme designed to help Small and Medium Enterprises (SME)
achieve 20% per annum growth over 3 years or double turnover in two years.
Businesses pay a one-off fee, based on their size, and subsequent coaching is
paid for by the programme.
To be
eligible for Growth Accelerator, your business needs to:
·
Be
determined to grow
·
Be
registered in the UK & based in England
·
Have
fewer than 250 employees
·
Have
a turnover of less than £40 million
In
addition you’ll also have exclusive access of up to £2,000 Leadership &
management match funding for every senior manager.
For more
details
Contact
Lester Pyatt, Managing Director Omark Hospitality Solutions on 07931 238211 or www.omark.co.uk
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