London Business Hub announces support for small & medium beauty businesses
By Rebecca Hitchon | 24 March 2022 | Movers & Shakers, News
The London Business Hub, a platform full of free business information and advice, has announced the launch of a service to help London businesses, including in the beauty sector, find trusted expert advice and free support tailored to their needs.
Launching in the boroughs of Wandsworth, Southwark and Lambeth and supported by the mayor of London, Wayfinder will help small and medium-sized enterprises (SMEs) to navigate and choose from a range of business support schemes across London. The London Business Hub is also exploring ways that Wayfinder can be extended to benefit Greater London businesses.
The service will first assign businesses with a Wayfinder representative, who will assess the goals of each business and identify challenges they are facing, before connecting them with suited expert providers.
This representative will continue to assist their assigned businesses, staying on hand to provide support, such as loans, grants and financial planning, business planning, sales and marketing help, employee hiring, retention and development, and technology adoption and exporting.
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“London’s small and medium-sized business owners have had a difficult two years over the course of the pandemic, with many forced to revise traditional business models and adapt quickly,” comments Rajesh Agrawal, deputy mayor of London for Business.
“While there is no lack of business support services across London, finding the right one can be a complex and time-consuming task. We want to make sure that businesses can access tailored support easily and quickly.”
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Councillor Claire Holland, leader of Lambeth council, adds: “Wayfinder will be a brilliant support hub that will plug Lambeth’s thousands of businesses and entrepreneurs into a network of expert advice and financial support as they build their way back from the worst of the pandemic.
“Many of our market traders, start-ups and small business owners, particularly run by women and those from black, minority ethnic backgrounds, suffered disproportionately from restrictions and were excluded from government support.”