Lanarkshire’s Best New Business

Sponsored by Business Gateway

This award is for Lanarkshire businesses trading for less than three years as at application closing date with a strong trading performance over the last year, that can also demonstrate a high degree of ambition and potential for further growth in turnover, profit, and employment levels.

If your business can evidence:

• the business concept and your start up process,
• the actual business performance over the past year in terms of actual results to date k;kp;
• A well-researched business plan that outlines how you take advantage of market opportunities.
• An ambitious and well-defined vision for the future outlining your forecasts for business performance including sales, profits and employment levels.

then this award is for you.

Please tell us why your business should win the Lanarkshire’s Best New Business award by completing the following questions.
i. Describe the gap in the market which led to the formation of your business, how you identified the gap and researched how to get your product / service to that market. (maximum of 450 words)

ii. Describe your ambitious vision, business strategies and objectives for future growth, together with how these will be achieved and what has been achieved so far. (maximum of 450 words)

iii. Please outline your marketing strategy to attract and retain customers and how your business differentiates itself from your competition. (maximum of 450 words)

iv. Please outline any additional information that you feel would support your case for your organisation to win this award. Examples could include challenges that you experienced when setting up in business and in particular any challenges or opportunities faced by the business. You may also wish to provide detail on any fair working practices, accreditations received and sustainable development practices. (maximum of 400 words)

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