Growth Engine

Recent research conducted by The Scale Up Institute and cited in The Federation of Small Business policy paper states that: ”The UK has become a fantastic place to start a business but we are not so good at enabling those businesses to grow and scale.” (Irene Graham CEO Scale-Up Institute). She identified access to finance as one of the major issues presenting an obstacle to growth for small businesses. As the business grows the entrepreneur needs to change and adapt. The more rapid the growth, the more difficult this is.

It is not just that the role of the founder and the qualities and skills needed to manage the business successfully change,it is also that the application of the functional disciplines of marketing, accounting and people management change. The entrepreneur needs to transform into a leader and a manager. As the business grows, systems, procedures and additional personnel need to be into put place. And all of these changes need to be properly managed if the business is to grow successfully and because of these challenges, it is little wonder so few businesses grow to any size.

Growth Engine Programme
We have designed the Growth Engine Programme to help you to build a strong growth mindset and strengthen your understanding of growth concepts and growth thinking in relation to development of your business.

This programme will therefore provide you with the tools and business skills to formulate a strategy in which you will identify the forces that inhibit growth in your business, separating them into high and low forces and simultaneously consolidating internal and external factors that drive growth in your business venture.

The rate of growth is therefore dependent on the difference between these two measures, and business owners have significant scope to reduce barriers and create the conditions to drive growth because this is only possible where the overall rate of increase in income is greater than the increase in your costs. The following table illustrates the elements of the programme in which you will receive an intensive programme of training, assessment, planning and strategic advice to accelerate the growth of your business over a 12 month period.

WHO THE PROGRAMME IS FOR
·      Individuals who have a clear product or service and have been trading for more than 12 months

·      Individuals trading longer than 12 months with a written business plan and wishes to increase sales and generate increased revenue

·      Individuals who wish to expand their customer base or who have a strong brand that can be used to attract more customers

The benefits of the programme
The growth engine system comprises of 8 distinctive concepts that taken together provide a structured method of accelerating growth through formulating a growth plan and attracting investment to fund growth over time.

·      The Growth Engine System focuses on three measurable outcomes that underpin your growth path: (a) generating income (b) boosting sales (c) increase in number of customers served.

·      The Growth Engine System combines academic and theoretical models and strategies for growth with practical application, case studies and exercises, providing you with the opportunity to look at your own growth potential.

·      The Growth Engine System works with ONLY 20 businesses on each programme and so there is opportunity to network on a monthly basis with like-minded individuals over a 12 month period.

·      The programme will be interactive and encourage you to present to the group your progress at key stages of development so that feedback is given by the group enhancing the learning experience and capitalising on the collective wisdom of all delegates. 

 · The Growth Engine System focuses on three measurable outcomes that underpin your growth path:

(a) generating income (b) boosting sales (c) increase in number of customers served.

· The Growth Engine System combines academic and theoretical models and strategies for growth with practical application, case studies and exercises, providing you with the opportunity to look at your own growth potential.

· The Growth Engine System works with ONLY 20 businesses on each programme and so there is opportunity to network on a monthly basis with like-minded individuals over a 12 month period.

· The programme will be interactive and encourage you to present to the group your progress at key stages of development so that feedback is given by the group enhancing the learning experience and capitalising on the collective wisdom of all delegates.