Ep.53 Navigating Business Growth & Challenges with Berkshire Growth Hub
With Steve Bulley
Episode Description:
This episode features Steve Bulley from Berkshire Growth Hub. Steve discusses his background, and Berkshire Growth Hub. He explains that Berkshire Growth Hub acts as a “GP for businesses,” offering free, confidential support and resources to companies at every stage, from startups to expanding enterprises.
Learn about the diverse services provided by the Growth Hub, including monthly startup courses, and connections to skills bootcamps. Steve also shares insights into current business trends and stresses the importance of sales in driving business growth. Finally, Steve explains how the Berkshire Growth Hub measures its success.
Berkshire Growth Hub: The Berkshire Growth Hub
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Episode Time Codes
TIMECODES
00:00 Podcast Introduction
00:29 Introduction to Steve Bulley and his role at Berkshire Growth Hub
02:50 About Berkshire Growth Hub
04:54 Berkshire Growth Hub range of services
07:49 How Berkshire Growth Hub chooses its range of services
09:58 Patterns among local businesses
13:43 Other challenges faced by business owners
17:25 How Berkshire Growth Hub measures its success
21:26 How Berkshire Growth Hub promotes its services to business owners
23:14 How businesses can find out more
24:00 Steve’s final advice for business owners
Videos
How Berkshire Growth Hub Helps Businesses
One Key Business Challenge
Patterns in Business Needs
The Difference Between Sales vs Marketing
Berkshire Growth Hub | Measuring Success
Key takeaways
Free, Tailored Business Support: The Berkshire Growth Hub acts as a “GP for businesses,” offering confidential and free-at-the-point-of-need support for companies at every stage, from startups to scaling enterprises and those planning their exit.
Sales are Crucial for Growth – Don’t Overlook Them: While marketing is important, Steve emphasises that many businesses need to focus more on sales to increase their revenue. He highlights that even the best marketing plan is wasted if businesses don’t “close and ask for the business”.
Understand Your Cash Flow: In today’s economic climate, particularly for larger businesses, contracts can have much longer lead times, sometimes taking months to be signed off due to supply chain hesitancy. This emphasises the vital importance of cash flow management and sufficient reserves to bridge periods between projected and actual payments.
Episode references
Berkshire Growth Hub comes under The Skills and Business Hub, formerly known as the Berkshire LEP.
Check out the latest Berkshire Growth Hub Events
Launch Your Business with Berkshire Growth Hub
Grow Your Business with Berkshire Growth Hub
Scale Your Business with Berkshire Growth Hub