I was reading a Guardian Blog this morning about the economic perspective of Adam Smith who thought that if people really worked hard an invisible hand would ensure that the work the person did would benefit society.
This is the corner stone of thinking about free markets and market economies in a localised environment where the workers and small business generates wealth whilst viewing the role of government as keeping taxation low and opening things up for business.
The current economic recession and issues with economic growth to me require more than an invisible hand, they require input, assistance and help. A visible helper and support for those who make this work.
Working in an area where social enterprise brings community and business together means that I see what businesses can do for each other when given a small push.
Alan started Development Transport Planning Consultancy (DTPC) in 2009 offering clients an independent traffic, transport and highway consultancy. Creating a business can be isolating and Alan felt the need for support and a sounding board to test and discuss his ideas and plans.
Alan received both one to one and group mentoring via our scheme he doubled his turnover in his second year and re focused his business on small to medium businesses concentrating on expanding his geographic reach.
It is this kind of help to business which is more than an invisible hand and frankly means that business succeeds. With the loss of many grants and areas of funding for start ups the need for business support is becoming increasingly important.
“Community & Business Partners mentoring programme has been a critical element in establishing the business and ensuring its long-term viability, having an independent and supportive mentor has provided confidence in the business as it goes forward, and on a personal basis a new friendly face who will be part of the business support network."
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