Latest news from The Growth Motor

16th March 2008

No surrender to recession
The Growth Motor is launching its 3-step plan to help businesses grow despite the difficult economic environment.
"Many business owners and managers tell us that they're finding times tough," says Alex Redmond, General Manager of The Growth Motor. "And there's an almost universal expectation that the next year is going to be very difficult."

But it need not be.

The Growth Motor was set up to adapt the tools and processes used by successful big companies and make them available to small businesses. These include professional business plans, marketing plans and financial plans, advanced tax strategies for low-tax growth, and incisive analysis of business results, performance and opportunities for improvement.

Following extensive research, The Growth Motor now offers a package of first class solutions to help small businesses grow more effectively, by combining three products:

• Business Plans using the Sightpath process. Alex Redmond claims that this is the most exciting and effective business planning tool on the market. "It's customer-focused, it can produce a marketing plan and a financial plan, and most of all it gives our clients a better insight into their business and a clear understanding of where they're going." The process can take as little as a half-day of intense client input and the plan can be ready within a couple of days.
• Low-tax growth using the Business Expansion Tax Saver. This highly innovative tax strategy combines business structure and a number of tax incentives, all approved by HMRC, to keep much expansion activity free of tax for five years, or sometimes more. An illustration of the expected benefits can be prepared using the key figures from the business plan plus a small bit of extra data about the owners and managers. It has to be seen to be believed. "Less tax means less financing is needed so less equity has to be surrendered or less money borrowed and also more profit for the business owner. It's a real recession-buster," Alex Redmond claims.
• On-going performance analysis lies behind the third part of the package. The Growth Motor helps its clients to monitor their results, comparing them to the plan, understanding the cause of deviations from plan and taking appropriate action to keep the business on track. The Growth Motor provides a flexible service. Alex Redmond again: "We can provide a reporting template tailored to the client's specific business plan and our advice, or we can organise everything including the bookkeeping, analysis, reporting and our business knowledge. What's important to us is for the client to understand what's happening in the business."

Growing businesses and startups with ambition are invited to contact The Growth Motor on 020 8878 8754.