SMEs can enhance business performance by joining Peer Network scheme

A government-funded Peer Networks scheme is offering support to small and medium-sized enterprises (SMEs) across the UK.

The programme, which is free to join, helps organisations tackle common business challenges through interactive action learning.

Additionally, the scheme’s trained mentors help small and medium-sized businesses handle new opportunities and build a strong support network.

Business leaders can learn from like-minded individuals on the scheme and put practical solutions into place together to overcome common issues.

Virtual workshops on the Peer Network scheme normally take place in small group sessions, but one to one mentoring and coaching is also available.

Trained facilitators are always on hand to help organisations develop and grow.

Head of Operations at Mastercall Healthcare said: “The one-to-one tutor session really helped me work on some long-standing obstacles.

“I’m so glad to have taken part and feel more confident in my own skills and attributes.”

SME leaders on the scheme can share their business concerns with fellow company owners who experience the same challenges.

Jason Thorpe, Managing Director at The Voiceover Gallery said: “By sharing experiences and issues, it enables you to step back from business, and look at things from a different perspective whilst benefitting from the experience of others that may have faced similar challenges.”

Founder and CEO at Datacentreplus, Mashukul Hoque said: “Engaging with other businesses through Peer Networks has been an invaluable experience for me.

“There is a lot to learn from other businesses, particularly in these challenging times.”

He added: “It is an opportunity to share ideas, tips and good practice that others can benefit from as well.”

Any SMEs that have been in business for at least 12 months, employ five or more staff members and make £100,000 or more in revenue can join the scheme.

The programme, which has been created by the Department for Business, Energy and Industrial Strategy, is held at local growth hubs across the UK.

 

 

Latest Blog
02
May

Tax Diary May/June 2024

1 May 2024 – Due date for corporation tax due for the year ended 30 July 2023. ...

Read More
02
May

Claim tax relief on pension contributions

You can usually claim tax relief on private pension contributions worth up to 100% of...

Read More
02
May

Accessing the HMRC mobile APP

HMRC’s free tax app is available to download from the App Store for iOS and fro...

Read More
02
May

Payrolling employee expenses and benefits

Employers can register on a voluntary basis (before the start of the tax year) to rep...

Read More