Woodville Accountancy has been supported by Boost Business Lancashire’s Growth Mentoring programme, where owner and managing director Michael Godsmark was mentored by Peter MacGregor of Orvia.
The firm has recently moved to new premises after doubling in size in three years, but Michael’s increasing workload was a ‘potential obstacle’ to further growth.
One of the main things I learned is that I don’t need to be working more than 12 hours a day to make the business grow.
“During the mentoring process we identified the need for an office manager, who we have now recruited, and we are also taking on an extra accountant to give me more time to concentrate on expanding the business,” said Michael.
“One of the main things I learned is that I don’t need to be working more than 12 hours a day to make the business grow. The mentoring sessions helped me to concentrate my time on specific activities, to develop my business in a controlled, measurable and profitable way.”
Peter MacGregor said: “Michael needed to take stock and put some structure and processes in place to prepare for the next phase of growth, with more focus on gaining larger clients.
“We also put him on the Business Growth and Action Planning Skills Assist Workshop, as he wanted to do all the homework he could before he started his one-to-one mentoring sessions.”
Peter added: “Michael used me as a sounding board and to establish his direction for 2015. Often, all a business needs is a little strategic direction to be able to build a strategy and feel confident in what they are doing.”
Ann Holcroft, of Orvia, said: “We are delighted to see that Michael has benefited from the Growth Mentoring programme.”