Boosting Business Resilience Workshop

14 March 2024

Join the BGWM in Dudley and the Investment Readiness team for an engaging and informative event to boost your business resilience.

Date & Time:

Thu, 14 Mar 2024 10:00 – 13:00

Location:

Black Country Innovative Manufacturing Organisation, Zoological Drive, Dudley DY1 4AW

About the event

Customers not paying you on time?

Rising costs?

Customers purchasing less frequently?

Need to invest in your business but not certain where to turn?

Then join this engaging and informative event, focused on boosting your business resilience. SME Businesses have faced unprecedented challenges over the past few years with the pandemic, political uncertainties, and supply chain disruptions; and now with the announcement of a technical recession, it’s imperative that business owners take steps to ensure that their business is operating at its optimum.

Rising costs can be a challenge for business owners and it is overwhelming trying to keep a business afloat with uncertain economic conditions.

However, even with rising costs your business can still thrive!

This event will cover the support available to help prepare you for growth. You can take action to help reduce the impact of inflation, market forces, improve your cash flow, and give your business a health check to help it be more resilient. The event will include:

• A health check on your business

• Tips on how to manage your cashflow

• How to keep an eye on yours, and your customers credit scores

• Identifying cost savings

• Inventory control

• Improving supply and logistics

• A review of your energy costs

• Review of the Funding Landscape and grants available

• Keeping existing customers and creating new ones

• Controlling staff overheads

• Investing in Technology

Business Growth West Midlands in Dudley team and the Investment Readiness team deliver a wealth of support through a combination of workshops, masterclasses, and one-to-one mentoring by finance and business support specialists, all of whom have years of experience in unlocking funding and helping firms grow.

The Business Growth West Midlands Investment Readiness Programme is funded by the West Midlands Combined Authority. The programme helps small and medium sized enterprises demystify the world of business finance. The programming is partnering with the Business Growth West Midlands Dudley Team to help Dudley Businesses, thrive through economic uncertainty and Boost Business Resilience. The Business Growth West Midlands in Dudley is funded by Dudley Council via the UK Shared Prosperity Fund Government and delivered by Oxford Innovation Advice.