Herald Express (Torbay, Brixham & South Hams Edition)
Brushing up on latest technology pays off for firm
CASE STUDY: THE M DECOR
from clients and was looking to build on this to grow his business.
To do this, Martin wanted a better understanding of the costs of developing his business and the impact upscaling would have, including taking on more staff and possible apprenticeship opportunities.
Martin said: “I was looking for some independent advice to help me look at a business and marketing plan that would help my business get to the next level. We are proud of what the business has achieved and want to develop it further to increase our clients.”
Martin was also looking at better ways to manage his cash flow.
THE SOLUTION
Martin meets with TDA Business advisor Kim Thornton, who provides business support through the ERDF Growth Support programme. They initially complete a business diagnostic and review the business plans and strategy for growth to establish the next best steps for Martin and The M Decor.
Martin said: “Since I enrolled on the ERDF Growth Support Programme I have received the support I was looking for and more. Kim helped review the finances of the business and quickly established the key areas that I need to focus on. I have changed my approach to target bigger contracts that will keep my team busy for longer