Kevin Brent, founder and managing director of BizSmart, explained: “According to research peer-to-peer business support enables businesses to advance growth by two to three times their normal levels. Therefore, it comes as no surprise that 90% of business owners have found peer-to-peer support instrumental during the COVID-19 pandemic, and a further 80% believe business owners UK-wide would find it helpful.
And that’s not all the support that is out there during this time. There are plenty of tools online that can aid the unique needs of all kinds of businesses. This could be to do with finance, IT support, even employee management. There are also few businesses that might even be looking for the best PEO in California or in their location to grow their business. Apart from supportive tools for efficient operations, there are also other things a company can incorporate into its contingency plans to ensure stability during uncertain times. Some businesses tend to ensure their venture has long-term health by investing in policies such as keyman insurance. This could give credibility to the company’s image in the eyes of potential investors and leaders. Plus, what are the odds, these policies are tax-free too! So, why wouldn’t any company utilize such benefits?
Next, you have the banking tools, which, is worth mentioning, has evolved as the years have gone on, to meet the demands of the companies that use them. And the tools in this sector have evolved too with ach processing being an example of one of the support resources available to help out businesses financially. At the end of the day, it is almost impossible for a business not to use tools or accept help either in the marketing sector or by using managed it service providers, because this is the only way to succeed. So that is why this launch means a lot to so many companies.
“In launching the new BizSmart Franchise model, we not only look forward to working closely with aspiring business support professionals looking to grow and develop their own individual Franchise, but also to extending our proven business support programmes to businesses across the country, particularly during this difficult period.”