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
Tag Archive for Government support
Hot Business News Today
Your guide to Peer Networks
by Partner Content • • 0 Comments
Originally written by Partner Content on Small Business
The UK has led the way when it comes to SME businesses innovating and collaborating as they seek to scale and grow.
During uncertain economic conditions it is more important than ever for SMEs to work together through their challenges to learn, share and collectively find solutions that can have long-term impact both on their business and the economy.
At times of uncertainty, business owners should not feel they are on their own and by working with like-minded people who know business best, other business leaders, they can ensure they are getting the right support and solutions to prepare them for future growth.
To do this, the government backed Peer Networks has been developed to support businesses in England.
The programme has been created with SMEs in mind and will be delivered by local Growth Hubs, who understand the local business landscape.
How does Peer Networks work?
The programme will see the creation of a series of Peer Networks (cohorts) through the Growth Hub network, with each group consisting of between eight and 11 owners or managers from the SME business community participating in each network.
Led by a professional facilitator, there is no cost to join Peer Networks. Sessions
Hot Business News Today
Your guide to Peer Networks
by Partner Content • • 0 Comments
Originally written by Partner Content on Small Business
The UK has led the way when it comes to SME businesses innovating and collaborating as they seek to scale and grow.
During uncertain economic conditions it is more important than ever for SMEs to work together through their challenges to learn, share and collectively find solutions that can have long-term impact both on their business and the economy.
At times of uncertainty, business owners should not feel they are on their own and by working with like-minded people who know business best, other business leaders, they can ensure they are getting the right support and solutions to prepare them for future growth.
To do this, the government backed Peer Networks has been developed to support businesses in England.
The programme has been created with SMEs in mind and will be delivered by local Growth Hubs, who understand the local business landscape.
How does Peer Networks work?
The programme will see the creation of a series of Peer Networks (cohorts) through the Growth Hub network, with each group consisting of between eight and 11 owners or managers from the SME business community participating in each network.
Led by a professional facilitator, there is no cost to join Peer Networks. Sessions
Hot Business News Today
Five reasons why Peer Networks could benefit your business
by Partner Content • • 0 Comments
Originally written by Partner Content on Small Business
The year 2020 has proved challenging for SMEs across all sectors but working with like-minded peers to address key issues and opportunities can help businesses to successfully navigate through Covid-19 and the ongoing EU transition.
At a time when SMEs need impactful support, working with other business leaders is an effective approach to share knowledge and find solutions in a trusted and collaborative space – and the Peer Networks Programme, backed by the Government’s Department for Business, Energy & Industrial Strategy (BEIS) – aims to do just that.
What is the Peer Networks programme?
Peer Networks is an initiative that will bring together SME businesses to support them as they work together on important challenges, while also coming up with tangible solutions in a collaborative environment.
The programme is being delivered in England locally by the network of Growth Hubs and supported by their respective Local Enterprise Partnerships (LEPs).
Peer Networks will form an important part of the government’s drive to improve productivity and deliver part of the economic response to the effect of Covid-19 on businesses.
It will provide support to SMEs as they move into and through the recovery phase of Covid-19 response, improve SMEs’ capability to
Hot Business News Today
Five reasons why Peer Networks could benefit your business
by Partner Content • • 0 Comments
Originally written by Partner Content on Small Business
The year 2020 has proved challenging for SMEs across all sectors but working with like-minded peers to address key issues and opportunities can help businesses to successfully navigate through Covid-19 and the ongoing EU transition.
At a time when SMEs need impactful support, working with other business leaders is an effective approach to share knowledge and find solutions in a trusted and collaborative space – and the Peer Networks Programme, backed by the Government’s Department for Business, Energy & Industrial Strategy (BEIS) – aims to do just that.
What is the Peer Networks programme?
Peer Networks is an initiative that will bring together SME businesses to support them as they work together on important challenges, while also coming up with tangible solutions in a collaborative environment.
The programme is being delivered in England locally by the network of Growth Hubs and supported by their respective Local Enterprise Partnerships (LEPs).
Peer Networks will form an important part of the government’s drive to improve productivity and deliver part of the economic response to the effect of Covid-19 on businesses.
It will provide support to SMEs as they move into and through the recovery phase of Covid-19 response, improve SMEs’ capability to
Hot Business News Today
Small Business Minister Kelly Tolhurst – ‘Tech is key to solving productivity’
by Timothy Adler • • 0 Comments
Originally written by Timothy Adler on Small Business
EXCLUSIVE: Following on from last week’s announcement that the government has awarded £2m to fund projects aiming to boost small business productivity and tackle late payments, Smallbusiness.co.uk grabbed 10 minutes with Small Business Minister Kelly Tolhurst.
Kelly Tolhurst has been Small Business Minister since July 2018, having been the MP for Rochester and Strood since 2015. Before that, Kelly Tolhurst ran her own marine survey business with her boat-builder father.
>See also: Business rates reform key, says Labour business chairman Rachel Reeves
If you had a magic wand, what’s the one thing you would do to boost small business productivity?
Really, there’s no magic wand, there’s a whole range of things we need to tackle and work with the SME market to boost productivity. There are a whole number of reasons and a whole number of measures that decide whether a business is productive or not, so one of the things I’ve been focusing on is around late payments. We know that technology helps productivity. And we know that late payment we know are a big challenge to the small business sector. That’s why we’ve put out the £1m Business Basics Funding round to encourage business to come
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Business rates reform key, says Labour business chairman Rachel Reeves
by Timothy Adler • • 0 Comments
Originally written by Timothy Adler on Small Business
Rachel Reeves, chairman of the Parliamentary business select committee, sees business rates reform as the tool to heal hurting small businesses.
Speaking at an event this afternoon organised by the Federation of Small Businesses, Reeves said the Government’s priority has been cutting corporation tax for corporates, while ignoring small businesses.
Reeves said: “Small businesses are the backbone of the economy. They’re where future profits, employment come from. Labour in government would do all it can to support small businesses so you can grow to create prosperity throughout the country.”
The Labour MP said that the burden of business rates was felt very keenly by small business.
“I would like to see the priority of business taxation to help smaller businesses and start-up businesses, rather than cutting corporation tax, which benefits larger businesses,” Reeves said.
“We hear time and time again of the challenges of business rates. Business rates reform need to be looked at in the round, rather than just benefiting large businesses,” the Labour MP said.
FSB policy head Martin McTeague added that a first step should be stop linking business rates to inflation, which would easily be within Government’s remit.
McTeague said: “Business rates are a broken system,
Hot Business News Today
Are government failing to support SMEs and entrepreneurs?
by Owen Gough • • 0 Comments
Sixty-five per cent of business leaders believe that they lack government support according to the respondents of the latest Enterprise Index research by Smith & Williamson. The Enterprise Index, a quarterly barometer which tests the views of nearly 200 business leaders and entrepreneurs, indicates that political uncertainty is having a real impact on business confidence.
The post Are government failing to support SMEs and entrepreneurs? appeared first on Small Business.