BH Support Cost – £50 per hour. Total Hours 5. Total Cost £250
High Street Equivalent – £750
Positive Social Impact
Personal- Improved resilience, confidence, self esteem, drive and enthusiasm along with a sense of purpose are long lasting and
Financial- Entrepreneurship fuels economic innovation and prosperity and serves as a key means for people to move out of low-wage jobs.
Community- Locally owned businesses build strong communities by sustaining vibrant town centres, linking neighbours in a web of economic and social relationships, and contributing to local causes. Local businesses create more jobs in the community and, in some sectors, provide better wages and benefits than chains do they also recycle a much larger share of their revenue back into the local economy, enriching the whole community.
Without BH Support
Without the skills or knowledge base to develop a business plan, list out her business objectives and strategy or appropriate financial figures she would not have been able to raise the loan to purchase the ‘pod’ to work from. She would therefore have been unable to take on additional clients and grow her business.