The right support for a changing business landscape

By Janet Doolan, Boost

12 Jul 2021

Since March 2020, Lancashire business owners and managers have rallied together like never before to support each other, remain resilient and return their firms to growth.

The Lancashire business community has evolved immeasurably as a result of Covid-19, so what are the current key challenges and opportunities for business leaders and which types of support can they receive?

1. Digital future

Video conferencing is now a key part of business communication and digital channels such as social media are playing a greater role in marketing and sales, with people spending a greater proportion of their day online.

Boost is seeing a rise in the amount of businesses looking for support to implement and maximise their use of digital technologies and accessing the wealth of programmes and knowledge available.

2. A unique position

Different sectors are at very different stages of their Covid-19 recovery. While hospitality and events-facing industries are reopening after months of shutdown, manufacturing and engineering firms have faced different challenges.

Some have been able to trade through the disruptions while others may have even pivoted their business to support the global defence against the pandemic. Brexit is also creating added supply issues for those exporting and importing goods.

Business leaders are asking for support to help manage this transition. Fully funded mentoring is just one of the support options available in Lancashire. Business leaders can access bespoke expert support to help with all stages of recovery and key challenges such as changing international markets.

3. Startup story

New businesses are being created every day in Lancashire as entrepreneurs see opportunities in the post Covid-19 Lancashire economy.

New companies start with a great idea, but entrepreneurs often need some support on the parts of the business which help the idea to grow: finance, marketing, sales and developing a strategy for growth.

Tailored support is available to give them the knowledge to help their business succeed.

4. The F word

For both new and established businesses, funding remains a key topic. Boost can direct businesses to a wealth of funding options, including private sector partners, local authority funds and specific support to help companies recover from Covid-19.

Our Access to Finance service can also help Lancashire business leaders understand and prepare for receiving finance to support their company’s growth.

But business support isn’t always about finance. Boost can help you develop a strategy so you know whether or not you need funding and in what form. Let us work with you by starting a growth conversation.

5. A wealth of funded business support programmes

More people than ever are reviewing their business strategies.

There are more than 70 different funded programmes available in Lancashire in addition to private sector support. Boost can help business owners and managers navigate the business support landscape in Lancashire and access the right support at the right time.

It starts with a conversation. Give our business relationship managers a call to advise you on the right support for your company.

  • To read this feature in full and access further Lancashire business news, advice and analysis subscribe to Lancashire Business View magazine or join the LBV Hub from just £2.50 per month. Click here to subscribe now.

Enjoyed this? Read more from Janet Doolan, Boost

Latest news

1

Supermarket stays put in blow to town's £250m masterplan Blackburn Aerial

Supermarket stays put in blow to town's £250m masterplan

28 Mar 2024

2

Modern Milkman acquires American counterpart article placeholder listing image

Modern Milkman acquires American counterpart

28 Mar 2024

3

Tips for surviving Lancashire's pothole plague

Tips for surviving Lancashire's pothole plague

28 Mar 2024

4

The Pikes wines launched to support Lake District mountain rescue THE PIKES BLOG BANNER.jpg.jpg

The Pikes wines launched to support Lake District mountain rescue

28 Mar 2024

5

Fundraising success sees Stanley Women compete in Dallas Cup The Accrington Stanley Under 18s team which are currently in Dallas.jpg.jpg

Fundraising success sees Stanley Women compete in Dallas Cup

28 Mar 2024

Hwc 2024 Email Signature 980x120
Background image for hub sign up block

LBV Hub

Reach 50,000 members of the Lancashire business community

Post your news
Post your events
Post your offers
Company profile
Social reach
Magazine coverage
Sign-up
Events
Health and Wellbeing Conference 2024
Hwc 2024 Social Media 1200px 1
Networking
23 Apr 2024

Health and Wellbeing Conference 2024

Crow Wood Hotel, Burnley , BB12 0RT

08:30 - 13:00

Business Networking in Preston - BNI Brunch
EVENT LISTING SIZING Brunch .png.png
LBV Hub Networking
29 Mar 2024

Business Networking in Preston - BNI Brunch

Samlesbury Preston Hotel, Preston New Road, Preston, PR5 0UL

09:30 - 11:00

Business Networking in Blackburn - BNI Infinity
EVENT LISTING BNI Infinity.png.png
LBV Hub Networking
29 Mar 2024

Business Networking in Blackburn - BNI Infinity

Hampton by Hilton, 2 Frontier Ave, Blackburn, BB1 3AL

06:30 - 08:30

Business Networking in Chorley - BNI Endeavour
EVENT LISTING SIZING Endeavour.png.png
LBV Hub Networking
02 Apr 2024

Business Networking in Chorley - BNI Endeavour

Oak Royal, Bury Lane, Chorley, PR6 8SW

06:30 - 08:30

Business Networking in Blackburn - BNI Vista
EVENT LISTING SIZING Vista.png.png
LBV Hub Networking
02 Apr 2024

Business Networking in Blackburn - BNI Vista

Hampton by Hilton, 2 Frontier Ave, Blackburn, BB1 3AL

06:45 - 08:30

Business Networking in Accrington - BNI Zeus
EVENT LISTING SIZING Zeus.png.png
LBV Hub Networking
03 Apr 2024

Business Networking in Accrington - BNI Zeus

The Mill House, Corn Mill Yard, Accrington, BB5 5HX

06:45 - 08:30

Business Networking in Preston - BNI Diamond
EVENT LISTING BNI Diamond.png.png
LBV Hub Networking
03 Apr 2024

Business Networking in Preston - BNI Diamond

The Marriot Hotel, Garstang Road, Broughton, PR3 5JB

07:15 - 09:00

Business Networking in Lancaster - Eden Business Network
EVENT LISTING Eden Business Network.png.png
LBV Hub Networking
03 Apr 2024

Business Networking in Lancaster - Eden Business Network

The Borough, 3 Dalton Square, Lancaster, LA1 1PP

18:30 - 20:30

Business Networking in Burnley - BNI Kudos
EVENT LISTING BNI Kudos.png.png
LBV Hub Networking
04 Apr 2024

Business Networking in Burnley - BNI Kudos

Prairie Sports Village, Windemere Avenue, Burnley, BB10 2FU

06:45 - 08:30

Business Networking in Lancaster - BNI Castle
EVENT LISTING BNI Castle.png.png
LBV Hub Networking
04 Apr 2024

Business Networking in Lancaster - BNI Castle

Vale of Lune RUFC, Powder House Lane, Lancaster, LA1 2TT

06:45 - 08:30

Business Networking in Preston - BNI Brunch
EVENT LISTING SIZING Brunch .png.png
LBV Hub Networking
05 Apr 2024

Business Networking in Preston - BNI Brunch

Samlesbury Preston Hotel, Preston New Road, Preston, PR5 0UL

09:30 - 11:00

Business Networking in Blackburn - BNI Infinity
EVENT LISTING BNI Infinity.png.png
LBV Hub Networking
05 Apr 2024

Business Networking in Blackburn - BNI Infinity

Hampton by Hilton, 2 Frontier Ave, Blackburn, BB1 3AL

06:30 - 08:30

Advertise with us

Reaching 50,000 members, our print, digital and event platforms offer a fantastic way to raise your business profile and help you grow.

Find out more Lbv115 Online Graphic
Subscribe now

Weekly news bulletin