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Changing your Business Model to increase profits in your SME

When and Where

  • Date: 21 September 2021
  • Start & End Time: 2:00 pm - 3:30 pm
  • Location: Online

Address: Online

Event Details

Time to think differently about your business   

If the recent upheaval of Brexit and Covid have taught us anything, it’s that things change rather than standing still.  The world we know gets disrupted and from this disruption new things emerge.

In Lockdown, many businesses changed the way they did things to keep trading.  Restaurants, cafes and pubs started offering takeaway instead of sit-down meals.  Some pubs shared their space with other businesses to create delis and community cafes.  Many used existing services like Just Eat or Deliveroo.  Several retail shops went online to sell their goods and deliver them by post.  Some B2B businesses changed to B2C to survive.

None of these change were huge; they were simple and low-cost and kept those businesses trading instead of shutting down.  Perhaps you made some small changes in your business with some staff working from home, or you changed your packaging because of supply chain shortages.  All of those changes are what’s known as innovation.

Introduction

Today’s businesses don’t always look for a competitive advantage by developing NEW products or services.  Amazon didn’t invent the idea of internet shopping. AirBnB did not invent the idea of the Bed and Breakfast.  What both did is change the way that we shop or engage with bed and breakfast accommodation. They used what we call Business Model Innovation.  When you join this session, you will meet a whole range of business models and understand what they’ve done for various companies.  Then you’ll discover which business model you could use to improve the performance of your own company.

Who should attend

This programme of events is aimed particularly at SMEs but also at any Leicestershire business or organisation that wants to understand and learn to use innovation in their day to day operations and long term planning.  We recommend that a senior member of your team attends so that they can implement the ideas from these sessions more effectively.

What we’ll cover 

First of all we’ll understand what a business model actually is

We’ll review well-known and local examples of business model innovation

We’ll understand where and how a business model could be improved or adapted

We’ll look at a range of other business models and how to apply them in your own business.

You’ll come away with:

An understanding of your own business model.

Knowledge of where the business model could be improved or innovated.

An understanding of how other businesses have applied business model innovation and how you could apply it to your business.

About the Speaker 

Stuart Hartley is Director of the company Incrementa.  He is a highly-skilled and experienced Director and business scale up, growth and leadership development expert.  He has a demonstrable history of delivering leadership and business advice and coaching start-ups and scale ups to innovate and grow their businesses. Highly skilled and experienced in supporting business in the areas of Leadership Development, Enterprise, Entrepreneurship and Start-Ups, Business Strategy and Business Planning, Stuart also has specialist experience in working with technology and engineering businesses along with those from more creative sectors, including marketing and creative agencies.  He has a Master of Business Administration (MBA).

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Event Title

Date:9 August 2020
Start & End Time:9:30am - 11:30am
Location:Leicester Food Park

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District Blaby Bosworth and Hinckley Charnwood Harborough Leicester City Melton Northwest Leicestershire Oadby and Wigston
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District Blaby Bosworth and Hinckley Charnwood Harborough Leicester City Melton Northwest Leicestershire Oadby and Wigston
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Thank you for booking your place on this event. The booking details will be sent shortly.

If you need to contact us regarding your booking please email using the address below.

Kind regards

Jay Lad & Ella Mistry

Business Gateway Growth Hub Team

Email: BGEvents@bizgateway.org.uk

General Enquiries Phone: 0116 366 8487