Bosses of Abbey Logistics and Neighbourhood restaurants share growth stories
Growth is good, right? On the whole, yes… but growing too quickly can also cause some serious challenges.
It doesn’t have to be that way though – a business can drive continued fast growth if it plans ahead to ensure the right mechanisms and funding are in place for each stage of growth.
TheBusinessDesk is hosting a panel discussion event where we will hear from the owners of two very different businesses about how they stayed on top of their growth journey as well as sharing a few of the things they learned along the way.
James Hitchen is the founder of East Coast Concepts and the man behind the Neighbourhood and Victors restaurant brands, having first opened in Spinningfields in 2009. His business has grown to turnover £12m, most recently opening a new branch in Liverpool, following a multi-million pound investment from private equity firm NorthEdge.
Steve Granite, managing director of Abbey Logistics Group has been with the company since 1995. Since taking over the reins in 2009 he’s grown sales from £18m to around £57m last year. But it was the company’s private equity-backed management buyout in August last year that has really bolstered the company’s growth plans and has already resulted in an acquisition that will drive group turnover past the £70m mark.
Hear their stories at our panel discussion event next week, which is free to attend.