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Growth Vouchers

Growth Vouchers – Get Yours Here!

Growth VouchersWhat is the Growth Vouchers Programme?

Getting the right support to grow your business can be the difference between stalled performance and accelerated progress.  Running a business is challenging but it can be lonely and none of us knows it all.

I come across entrepreneurs than beat themselves up and feel a failure because they do not know what to do to get to the next level, and they are frustrated with the status quo. Acknowledge that sometimes we know enough to get started but we do not have the information to move forward that is OK if you recognise you need help.  The worst scenario is to undo all the great work that got you to this point.

Celebrate the progress you have made. Recognise the distance, the level of persistence and the journey that you have made.  Be grateful for it because many other have not made it this far.

In the business there is not room for ego or stubbornness, this can limit your progress and even ruin your business.  I say to my entrepreneurs (usually men – sorry boys) ‘you can have an ego and a small business or no ego and a big business – your choice that do you prefer?’

Now the government has finally realised that the economy is dependent SMEs to grow the economy they have introduced Growth Vouchers. Now I do not know about you, but when I ran a business employing staff, I felt like I was in business to pay PAYE, VAT, Business Rates and Corporation Tax.  Nothing was forth-coming from the government.

Growth Vouchers is a pilot scheme so 25% that apply will randomly not get it. Those that do get it can get advice in the following areas:

  1. Finance and cash flow
  2. Recruiting and developing staff
  3. Improving leadership and management skills
  4. Marketing & customer service
  5. Digital technology

The voucher, worth up to £2,000 is matched funding. For example, if advice to create a new marketing strategy is valued at £2,000, you would pay £1,000 and use a £1,000 in growth voucher.

The voucher must be spent on receiving strategic growth advice and not on practical business tasks like year-end accounts or buying stock. Once you have received a voucher, you must go to the marketplace to find and growth voucher advisor.  The advisers are authorised through a professional recognised institute holding a professional indemnity certificate. If you have an adviser in mind, you can locate them by name or postcode on the marketplace.

If your business meets the following criteria:

  • Less than 249 employees.
  • Registered in England
  • Actively sell goods or services.
  • With no more than 25% is owned by other businesses.
  • A turnover of less than €50 million

 If you like this blog you may also like this https://theproblem-solver.com/assets/find-best-business-mentoring-relationship/

I would like to urge you to apply and take the money and run with it to grow your business. I am a growth voucher advisor, please contact me if you would like to find out how your business can benefit.

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