Supporting the Mayor of London’s Regeneration initiatives by providing growth and sustainability support to some of London’s most distressed business areas

Supporting the Mayor of London’s Regeneration initiatives by providing growth and sustainability support to some of London’s most distressed business areas

All of London has suffered from the economic crisis, but perhaps none more so than the London borough of Croydon. In 2011, the rioters who rampaged throughout the capital reached Croydon, and caused significant physical damage to the borough, with shops looted and businesses burnt down. The effects of the 2011 riots are still being felt in this area to this day and as a result, the Croydon business community has suffered in terms of finance, community involvement, and support.

A local charity wanted to change this. As the key local umbrella infrastructure body servicing all of Croydon’s multi-cultural communities, they sought to provide various services to assist small groups, large charities, volunteers, and social enterprises through every stage of their development. But they were hampered by inexperience in business planning and asked the advice of the Croydon Enterprise Hub, who recommended us as a premier business advisory consultancy.

Over a period of five months, we worked closely with the charity to achieve the regeneration of Croydon and stimulate economic growth. We deployed our business advisor who had in-depth local knowledge of the area and an understanding of the needs of the local companies to devise both short and long-term business plans and advise on marketing. We used our knowledge of charity formation and business planning to set up workshops and initiate a mentoring service. The feedback we received from those we had helped in this way was highly encouraging, and we were able to collaborate further with the Enterprise Hub on a number of business support functions. Our experience and input meant that Croydon businesses were able to implement immediate changes which fulfilled their needs and gave them breathing space to develop strategies for their long-term business development and growth.