Leeds launch for GrowthAccelerator

GREEN & Blacks global brand director Mark Palmer will be the guest speaker at the launch of a new service designed to help support high-growth potential businesses in Yorkshire.

The GrowthAccelerator event will also feature a panel of experts offering advice on how to turn entrepreneurial ideas into successful businesses.

GrowthAccelerator is a £200m Government programme launched by Business Secretary Vince Cable earlier this year to support SMEs with the potential to become major companies.

Mr Palmer said: “My advice to anybody looking to grow their business is to be absolutely sure that the business model they are looking to roll-out is robust and that the structural underlying margins are viable.  I have seen so many companies confuse topline growth with business success. 

“Expansion in itself is not necessarily a good thing.  It is critical to ensure that you have correctly identified which parts of your business and service are the appropriate parts to expand rather than just seeking to grow per se. 

“There is nothing worse than working flat out thinking you are doing a great job growing the topline, only to discover later that the growth you worked so hard to achieve  is unsustainable or unprofitable.”

Registration for the event, which takes place on October 9 at Aspire in Leeds, is now open. Find more details at www.growthaccelerator.com/events/growthaccelerator-leeds.

Business journalist Michael Taylor will host the launch which will run from 4pm to 7pm.