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Can business coaching help your firm grow?

14th December, 2012

Setting up or running a business on your own is a challenge in the best of times, but this is even more true in the current difficult economic climate.

However, it doesn’t have to be a lonely experience. Help is available to the region’s ambitious businesses through a new service called GrowthAccelerator. There is evidence that businesses that utilise the advice of business coaches or consultants fare better than those that don’t. A recent survey by the Chartered Institute of Personnel Development found that 92% of businesses that have used external advisors say it had a positive impact on profits.

GrowthAccelerator is a new Government backed service that provides business coaching and leadership training to the North West’s fast growing firms.

How can I grow sales more quickly? Where do I get funding? Where are the new ideas that will galvanise my business? These are questions all good business leaders ask on their way to even greater success.

GrowthAcclerator’s network of business growth experts work side by side with the leaders of small and medium businesses with high growth potential to provide them with the know-how and ability to achieve sustainable growth. The service will help discover the real issues that could be holding the business back, define the right growth plan and open doors to the best business experts and networks.

GrowthAccelerator’s coaches:

  • Have proven track records in helping small and medium sized companies accelerate and sustain their growth, in every size, region and sector.
  • Have made the same journey themselves so they know what it’s like to fight for success.
  • Know when to talk, when to listen, and how to lead you to ideas that will transform your business

So what does GrowthAccelerator actually provide? This depends entirely on your business outlook and the priorities we jointly agree with you. We can offer you help with raising money, implementing a business development strategy or bringing a new product to market. You can also get a leadership and management grant of up to £2,000 per individual.

Whatever your needs, we’ll put together an integrated package to help you reach an agreed growth objective. Your growth coach will pass on skills, knowledge and experience to improve business performance and help you realise your growth potential.

Coaching support will typically run for a period of several months to enable you to implement significant changes within your business. You’ll be able to attend a range of masterclasses, workshops, networking and mentoring opportunities and get access to peer-to-peer advice. And you’ll benefit from privileged access to a Leadership Development fund to support your skills development.

Play the video below and see how GrowthAccelerator helped businesses achieve their ambitions.

http://www.youtube.com/watch?v=MJWHa32kVpQ&feature=relmfu

GrowthAccelerator is a partnership between private enterprise and government, which means we can keep the service affordable. Because Government is investing with you in the growth of your business, the cost to you is significantly reduced.

Your investment in GrowthAccelerator will reflect the size of your business:

  • Micro and start-up businesses (up to 9 employees) – £600
  • Small businesses (10 to 49 employees) – £1500
  • Medium businesses (50 to 249 employees) – £3000

To be eligible, businesses need to be registered in England with fewer than 250 employees and a turnover of less than £40 million.

Is your business eligible? Call Ian Fletcher, Growth Manager, on 07769 227208 to find out.

Unfortunately businesses in Wales cannot access this service as the Welsh Government has it’s own support services for fast growing businesses. Further details can be found at: http://business.wales.gov.uk/

 

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