Flint Bishop

Region’s emerging businesses recognise need for planning

Pictured above: Ellen Morley

 

A firm of Shropshire business consultants says recent new work shows that entrepreneurs in the region are thinking outside the box, moving into a diverse range of emerging industries and recognising that every aspect of the business must be planned to secure a profitable future. 

Ellen Morley, Principal of The Business Company in Shrewsbury, said: "Businesses need plans to optimise growth, ensure development and focus on priorities - irrespective of their field. Currently we are working with some very diverse businesses but their goals and visions are the same, albeit they require different forms of support."

One such innovative, fast growing local business is Fre-Energy, a company which hit the headlines last year after inventing and patenting an award-winning anaerobic digestion process for converting cow waste slurry and chicken grit into fertiliser. 

"Fre-Energy needed a plan to focus their strategy and identify key targets for development," says Ellen, "along with support for building their business infrastructure. Their expertise, which earned them the acclamation of being 'the leading technology for anaerobic digestion globally' is very specific. They recognised a different kind of expertise was required to develop an ambitious business plan and achieve their full potential."

At the other end of the scale The Business Company acted as 'third eye' facilitators to draw out and define the development strategy for Ladypace, a Shrewsbury fitness and well-being centre looking to expand into a more holistic sphere.

"It is essential that the business plan is a living breathing document," says Ellen, "So when we work with clients we facilitate their strategic thinking about essential business goals, critical objectives, clear targets and key performance indicators. We ensure the business culture engenders the right behaviours to underpin the future development and that aspects of operations, sales, marketing, quality and HR are aligned. In short, we ensure the plan fits together like a jigsaw and that all the pieces are complimentary."

For more information about The Business Company, please visit their website here: www.thebusinesscompany.biz

 

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Article published by Midlands Business News on 19 October, 2010

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