Hot Business News Today

Hot Business News Today

The power of peer support and how Peer Networks can help SMEs thrive

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Originally written by Partner Content on Small Business
As a small to medium sized business owner, engaging with a network of trusted peers to talk about and find solutions for opportunities and challenges can be an extremely valuable experience.
Gaining practical insights as a result of support others who are in a similar position can help guide the business in the right direction and position them to take advantage of future growth.
Whether an SME business is assessing new market opportunities or facing challenges around product development, HR, tech, finance or marketing, peer support can give business owners the opportunity to share those issues in a collaborative environment often leading to highly impactful solutions that reflect on valuable feedback from their peers.
Peer Networks has been developed to create a trusted and powerful virtual support network for SMEs to work together in small groups so they can strengthen their own knowledge and improve the overall performance of their business.
Backed by the Department of Business, Energy and Industrial Strategy (BEIS), Peer Networks is being delivered locally in England by Growth Hubs with the support of the Local Enterprise Partnership (LEP) network.
Kirsti Grayson (below), director of Go Velo, a Bikeability provider offering cycle training and bike maintenance

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Hot Business News Today

Peer Networks supports small business owners to grow their businesses

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Originally written by Partner Content on Small Business
Peer Networks is set to drive SME growth as small to medium-sized business owners work together to navigate challenges and adapt to the “new normal”.
From construction to cycling, early adopters of Peer Networks Chris Kane and Kirsti Grayson are already seeing the benefits of tackling common challenges and opportunities with other businesses.
Up and down the country SME business owners, such as Chris and Kirsti, are coming together in small groups to learn from each other on important challenges and opportunities such as EU transition, recovering from the impacts of Covid-19, HR, tech, finance and marketing.
>See also: Your guide to Peer Networks
Chris Kane, co-founder of Dorset-based Greendale Construction, is one of many small business owners who have already signed up for Peer Networks.
Chris said: “This year has been a challenging time for all businesses, especially SMEs as the ongoing pandemic continues to cause uncertainty.
“Peer Networks are interesting and engaging, with a great mix of business owners taking part. I came with an open mind and wanted to help myself and others address some of the business challenges we are facing.
“I want to learn from my peers, understand their challenges, speak about our own and

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