Business Centres – Already Top of the Class?
Learning from and exchanging ideas with others has always been a great way for business owners to help take their company to the next level, even open exchanges with those who share the same office space can deliver great rewards.
If however you are a doubter of such practices you should maybe think again – with the potential of such interactions made clear by results from the Northwest Regional Development AgencyΓÇÖs (NWDA) LEAD programme ΓÇô which claims to have achieved an average increase in turnover of ┬ú200,000 for those who have taken part in a course which encourages just such an approach.
Targeted at small business owners, the LEAD development programme was originally launched 12 months ago following a pilot scheme at Lancaster University. Its claims that 90% of those who have taken part have added an average of ┬ú200,000 to their turnover would certainly suggest that the UniversityΓÇÖs Management School, who designed the course, were spot on in the skills they sought to pass on to business owners during the course.
In a press release posted on the NWDA website LEAD graduate Nurjahan Begum, of Oldham-based Nurjahan Cosmeceuticals explained the key skills and knowledge gained while participating in the business development program:
ΓÇ£LEAD has helped me understand how other businesses work and the things they do to grow. I compared this information with my business to re-evaluate the ideas I had and address the challenges I faced. It has made me realise that there are ample opportunities for my business to grow in the future.ΓÇ¥
The exchange of ideas and learning from those around you has long been the aim of managers and staff at many business centres and serviced offices here in the UK. As a natural hub for business, the operators of such sites work hard to generate a business community that allows the kinds of exchanges being encouraged through the LEAD program.
It is arguable that generating an environment in which such interactions can take place has become even more important during the recent economic downturn, a factor which was met head-on by some serviced office space providers.
One such provider was Sallie Maskrey of Portal Business Centre in Warrington. Speaking to officebroker.com at the start of the year, Sallie highlighted the importance of creating a supportive business community and how her and her team had introduced sessions that targeted exactly the same areas as those delivered by the NWDA program:
ΓÇ£The biggest issue we faced in 2009 as a business community at the centre was the lack of confidence and negative news in the economy.ΓÇ¥ explained Sallie.
ΓÇ£We counteracted this by having intelligence sharing sessions and allowed each company to explore how they were handling the problems they faced.ΓÇ¥
The kind of support offered by Sallie and her team is, which helped them secure officebroker.comΓÇÖ Business Centre of the Month Award in May, is IΓÇÖm sure not an isolated case ΓÇô in fact if you are business centre or serviced office space provider with an example of how you have helped support your business community – get in touch by emailing me at email@example.com
Alternatively, if you are a business owner based in the North West and would like to know more about the LEAD program ΓÇô click here.