Coventry and Warwickshire’s rising number of start-up businesses, as well as owners of longer established businesses can benefit from some free advice at an event this month.
Band Hatton Button is hosting its Owner Managed Business Forum Event at Coventry University’s Techno Centre on June 15 at 4pm, which is open to all owner managed businesses.
It comes as the latest BankSearch survey named the Coventry and Warwickshire Local Enterprise Partnership (CWLEP) area as the fastest growing region in the country for start-up businesses – up 11.9 per cent versus the national average of 1.2 per cent in the year to February.
Band Hatton Button’s senior partner Phil Costigan and CWLEP Growth Hub managing director Craig Humphrey will introduce the event, before 90 minutes of networking and individual consultations.
Phil said: “The fact that Coventry and Warwickshire has a growing number of start-up businesses is very exciting for the region but they can be exposed to early growing pains because of a lack of general business knowledge.
“Business owners tend to be experts within their own profession but need advice around the running of a business day-to-day.
“Regardless of a business’s size, there are so many different aspects to think about from a legal point of view. This includes copyright and naming rights, employee contracts, property agreements and even planning safeguarding the business’s future should anything unexpected happen to the owner.
“Having proper legal arrangements in place can save businesses significant amounts of money, which is why we are urging businesses to take advantage of an initial consultation to see what is suitable for them.
“We’ll have lawyers from each of our departments there on the night who will be able to do an initial diagnostic analysis of what legal assistance each business may need, all on a first come, first served basis.”
Craig Humphrey, managing director at CWLEP Growth Hub, believes events such as this have a role to play in sustaining the region’s entrepreneurial growth.
He added: “Starting and developing a business is a challenging task with a myriad of factors to think about, but if people look around there is help along the way.
“Events such as this are really useful because they offer business owners some thought-provoking insight on topics that could prove critical to the development of their company.”
To register for Band Hatton Button Owner Managed Business Forum Event, which is free of charge, email Sarah Jordan on SCJ@bandhattonbutton.com