The panel will analyse your business and identify key areas to help boost your performance. The panel will be made up of:
- Graham Sutherland, BT Business Managing Director
- Professor Mike Bourne, Cranfield Business School
- Nigel Scorey, Founder of Procure4 Ltd.
If you win the competition, you’ll be asked to fill in a detailed questionnaire about aspects of your business that will allow the experts to assess where you’re at and advise how you may be able to grow your business. Questions include profit and loss, how you manage end-to-end supply chain, how you adapt to changing customer needs, which resources help you to perform, what training you provide for your people, supplier management, and broadband and internet use. You will be presented with a written assessment and top tips on how to build your business in the current climate.
For your chance to win a business assessment, simply go to bt.com/businessaudit and describe in 200 words or less why you would benefit from an assessment of your business. The competition closes on Monday 31st December.
Full Terms and Conditions can be seen at bt.com/businessaudit.
BT Business Insight
For more information on the current hot topics in business, go to the re-launched BT Business Insight website at insight.bt.com. The website features news stories, interviews, how to guides, events information, case studies and checklists, all designed to help businesses stay up-to-date with the latest business technology thinking.
Making a Difference
With small businesses needing to run efficiently in order to survive in the current climate, getting the right IT and Communications service is more important than ever before. SMEs are the backbone of the UK’s economy, with 99% of businesses falling into this category [1], any improvements that can be made by SMEs will not only benefit themselves but also the country’s economy.
Improvements in technology and internet services have also meant more of the country’s 13.8 million SME employees are experiencing the benefits of working from home. This means that businesses are able to generate better profits but are also able to ensure a happier and more productive workforce.
Spearheading the current developments in technology is the roll out of fibre broadband. A recent study by BT found that, for every £1 a business invests in superfast broadband, it creates nearly £10[2] in additional gross value added for the UK economy.
Superfast broadband, which brings benefits such as cloud computing, could also help 73,000[2] home workers and create 26,200[2] jobs through new business ventures and improved business performance, according to the report.
[1] Source: Federation of Small Businesses
[2] Source: Regeneris for BT Social Study 2012 – The Economic Impact of BT in the United Kingdom
Business Assessment Competition Terms and Conditions can be found here