10 Rotorua businesses wanted for growth challenge

19 June 2018

Rotorua businesses are being challenged to grow ten times faster and apply for the ACCELERATE business training programme. Businesses owners and senior leaders are urged to act fast so not to miss out.

The programme run by Firestation, a central North Island business growth centre, will start in July. Up to ten businesses will receive subsidised places with funding from Rotorua Economic Development Limited (Destination Rotorua).

Business owners will attend fortnightly sessions over six months to grow capability in sales, leadership, brand, planning, finance and developing a growth mind-set with professionally facilitated group training and individual coaching sessions.

The programme director Darren McGarvie says the overall goal is for participants to grow well beyond their current size, regionally, nationally or even internationally.

“This programme is for business owners and senior leaders of established medium size businesses. It helps in all facets of growth from organisations that are growing really fast and don’t know how to handle the growth through to businesses where their growth has stagnated, and they want to re-ignite the growth.”

“The programme is heavily subsidised by Rotorua Economic Development Limited to help local good businesses become great businesses.”

“Participants receive a mix of professional coaching and business capability training with the focus on participants setting goals, implementing actions and increasing success through planning for growth.”

“The other real benefit of the programme is meeting other like-minded business owners and senior leaders. We find groups continue to stay in touch after the programme. In fact, our first cohort in Taupo which finished in 2015 still catch up on a regular basis,” McGarvie said.

More than forty businesses have already graduated from the programme and are reaping the benefits including higher revenue, increased profit margins and improved leadership. A recent graduate survey showed revenue growth accelerated from an average of 1% to 10% per year.

Ingrid Snyman from Index Engineering completed the last Rotorua Accelerate Cohort in March and recommends the programme to others.

“Doing the Accelerate programme forces you to have focussed time each fortnight to be thinking of the Big Picture and then you put it all together into a Strategic Plan.”

“By the end of the course I felt more in control and more organised. We now have a clear direction for the next year and as a result I feel more confident, purposeful and excited about the future.”

“It was also valuable to sit around the table with other business owners and share some of our challenges and opportunities. This made it quite different than doing something like a polytechnic based business course,” she said.

Participants need to commit to 2-3 hours per fortnight for the training and business coaching sessions over six months.

Rotorua business owners and senior managers are invited to register their interest online. To find out more go to http://bit.ly/FS-ACC-Rot. Applications close Friday 6 July.

More information
Accelerate includes:
• 12 Mastery Modules providing training in sales, leadership, brand, marketing and finance presented by experienced, local professionals recognised as leaders in their field.
• 4 Group Review sessions with a facilitated discussion encouraging participants to share their challenges, celebrate their successes, and support each other.
• 3 Individual Coaching sessions to set goals, actions and plans for business success.

ENDS

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