Preparing for growth
Putting the right plans in place early can give your business a head start when it comes to rebuilding and growing.
Businesses don’t grow overnight, nor does it happen out of the blue. Successful businesses grow because they’ve put in the hard work and preparation first.
We’ve pulled together some top tips and guidance on preparing your business for growth.
Making business finance work for you: Expanded edition
Our Making business finance work for you: Expanded edition is designed to help you make an informed choice about accessing the right type of finance for you and your business.
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Getting ready to grow
Regions and nations funding guide for smaller businesses
Regional funding programmes aim to support smaller businesses across the UK's regions and devolved nations in areas such as early-stage development and capital.
Learn more about nations and regions funding guideReviewing your business plan
It's unlikely you wrote your business plan at the height of a global pandemic. Read top tips and guidance on reviewing your business plan knowing what you know now.
Learn more about reviewing your business planTips on hiring new employees
Hiring a new employee costs more than simply their salary. As a small business, these are the things to consider when taking on a new team member.
Learn more about hiring new employeesReforecasting in uncertain times
You should be reviewing and updating your forecasts frequently. While it’s undoubtedly difficult to do during uncertain times, it’s important and will help you understand more about your business' options for growth.
Learn more about reforecastingMoving from recovery to growth
Transitioning from a mindset and approach of recovery to one of growth is difficult because the two are so different. Here are some steps to make that process simpler.
Learn more about moving from recover to growthHow to export to new markets
Developing your export business requires a wide range of skills. Learn more about how to boost your exports while coping with Brexit and COVID-19.
Learn more about exporting to new marketsSelling your business
Planning your exit strategy may help you get a better price when selling your business. Learn more about why and when to sell, and what makes a viable exit.
Learn more about selling your businessGrowth through diversity
Why diversity matters
Embracing diversity has been shown to benefit businesses significantly, particularly when it comes to the bottom line. Read this piece to learn more.
Learn more about why diversity mattersGrowth through environmental action
What is net zero? An introduction for small businesses
The UK is moving towards a net zero economy. Learn what net zero is, why it’s important, and what it means for the UK’s small businesses.
Learn more about net-zeroAdditional support
How to deliver your pitch online
Read our article on how to pitch online rather than face-to-face, with insight from Jenny Tooth, CEO of the UK Business Angels Association (UKBAA).
Learn more about delivering your pitch onlineBritish Private Equity and Venture Capital Association (BVCA) webinars
The BVCA hosts regular webinars geared towards business growth and recovery. View the schedule here.
Learn more about BVCABusiness Growth Fund (BGF) insights
Useful guides, articles and insight into how businesses can prepare for, and finance, their growth.
Learn more about BGFDisclaimer: We make reasonable efforts to keep the content of this article up to date, but we do not guarantee or warrant (implied or otherwise) that it is current, accurate or complete. This article is intended for general information purposes only and does not constitute advice of any kind, including legal, financial, tax or other professional advice. You should always seek professional or specialist advice or support before doing anything on the basis of the content of this article.
Neither British Business Bank plc nor any of its subsidiaries are liable for any loss or damage (foreseeable or not) that may come from relying on this article, whether as result of our negligence, breach of contract or otherwise. “Loss” includes (but is not limited to) any direct, indirect or consequential loss, loss of income, revenue, benefits, profits, opportunity, anticipated savings, data. We do not exclude liability for any liability which cannot be excluded or limited under English law.
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