Video | Agriculture | Confidence | Economy | Energy | Employment | Finance | Media | Property | RBNZ | Science | SOEs | Tax | Technology | Telecoms | Tourism | Transport | Search

 

Successful Programme is Brilliant for Business


FOR IMMEDIATE RELEASE

MEDIA RELEASE

25 February 2013

Successful Programme is Brilliant for Business

The Smart Business Acceleration Programme, a 12 week course offered to local businesses by Vision Manawatu, recently received outstanding praise in a review to determine its success with recent participants.

Vision Manawatu has been offering the Smart Business Acceleration Programme to business owners in the region for almost a decade. The intensive 12-week course is designed for small-to-medium businesses that are looking to grow their operations. It offers concentrated learning opportunities for business owners and key staff, in addition to ten hours of one-on-one business coaching by a personal mentor.

The programme aims to get local businesses ready for growth by developing their management skills, creating an investment-ready organisation structure, and providing access to an extensive business network.

A recent review of the Smart Business Acceleration Programme was conducted reviewing all participant companies from the 2011 and 2012 programmes. The review, conducted by business advisor Mark Hargreaves, found that past participants had greater confidence levels in managing their business since completing the programme. The review also highlighted that business owners had stronger staff engagement and communication, greater confidence to challenge suppliers for better terms, and increased overall performance in their businesses.

In the review, participants described the course as “far exceeding expectations” and one business owner stated that he wished he had done the course six years ago when he first began his business.

“I would recommend all business owners to do this course within the first six months of beginning their business”.

The review also showed that business owners who completed the course gained an increased awareness of some of the risks they faced as a small business and the need to develop mitigation plans. Many of the participants reported that they now recognise that they must have a strategy for growth in their businesses, rather than leaving it to chance.

Comments by participants in regards to how the course has benefited their business include:

“The course triggered a lot of inspiration”

“My confidence as a business owner has significantly increased as there were previously so many unknowns”

“I have learned how to successfully engage and empower staff”
Elaine Reilly, CEO of Vision Manawatu, says, “Vision Manawatu identified that better management skills and access to investment capital are key barriers to small business growth. That is why this programme is so important to our small-to-medium business sector because it supports our region’s entrepreneurs, prepares small businesses for growth, and improves our business productivity in the region.”

“We are proud to offer the Smart Business Acceleration Programme to businesses in the region because we are committed to achieving the Regional Development Strategy goal of ensuring our region is brilliant for business.”

Elaine Reilly is impressed with the high number of small-to-medium business owners in the region that want to take up these opportunities to grow and develop their businesses. She encourages all small-to-medium businesses in the region that are capable of, and have the desire for, accelerated growth to register for the 2013 intake.

The Smart Business Acceleration Programme is run by Vision Manawatu. Participants may be eligible to receive a 50% subsidy through the NZTE capability development scheme. The programme is designed to be accessible to business owners and is offered on Thursday nights 4:30 – 8:00. Participating businesses may involve up to three staff members to take part in the programme.

Applications are now open for the 2013 Smart Business Acceleration Programme and close on March 6th.

© Scoop Media

 
 
 
Business Headlines | Sci-Tech Headlines

 


Federated Farmers: NAIT Levy Increases Must Achieve Accurate, User-friendly System
Nobody welcomes extra costs but if OSPRI is to catch-up on under investment in the NAIT platform and deliver on its workability and farmer support, levy increases are probably necessary, Federated Farmers says... More>>



Westpac: More Job Opportunities, But Growth In Workers’ Earnings Remains Subdued

The Westpac McDermott Miller Employment Confidence Index rose 1.2 points in the December quarter, to a level of 106.9. This was the sixth straight rise in the index since the Covid-19 lockdown in 2020. Michael Gordon, Acting Chief Economist for Westpac, noted that the rise in the index has largely been driven by perceptions... More>>




Statistics: Card Spending Continues To Increase As COVID-19 Restrictions Ease

The busy Christmas period combined with easing COVID-19 restrictions helped to increase card spending in December 2021, Stats NZ said today... More>>

TradeMe: Job Market Ends 2021 On A High With Record Number Of Vacancies
The New Zealand job market finished 2021 on a high note, with the ball still firmly in the job hunters’ court, according to the analysis of 69,600 vacancies listed on Trade Me Jobs for the quarter ending 31 December (Q4)... More>>


Insurance Council of New Zealand: September South Island Windstorm Cost $36.5 M Raises 2021 Extreme Weather Claims Total To $321.6 M

Gale force winds and storms between 9 and 13 September 2021 resulted in insurers supporting communities to the tune of $36.5 m. This is a significant rise, of $16.7 m, on preliminary figures for the event and lifts the end of year total for all extreme weather events in 2021 to $321.6 m... More>>


Statistics: Building Consents Hit New Highs In November
There were a record 48,522 new homes consented in the year ended November 2021, Stats NZ said today. This was up 26 percent compared with the year ended November 2020... More>>