A former logistics manager is making a statement with a new handbag and accessories business.
Glenn Greenall has opened Statement Fashion and Accessories in Blyth’s Keelrow Centre and has ambitious plans to expand across the region.
Greenall moved to the North East to be near his wife’s family and was offered a transfer from his former employer.
However, the 32-year-old decided to take the plunge and set up on his own when his permanent contract became a seasonal position and he faced living on benefits.
Having helped his sister to open handbag and accessories stores in the North West, he had a good understanding of the business and approached a bank for help.
There he was directed to Ready for Business and Tedco business adviser Bill Hartshorne who helped him with his business plan and guided him through the alternative funding options available.
Greenall said: “I knew I could make the business work but required working capital to get started, which is a real stumbling block for lots of people looking to set up on their own.
“In the end I opted to borrow the money from a relative but the help and support I received from Bill was invaluable as he not only cemented my own belief in my idea but helped me to fine tune my business plan.
“Within weeks of trading I have managed to repay my loan andI am pretty confident that my plans to roll out the shop concept to other towns in the region will come to fruition.”
Ready for Business is the start-up programme delivered by enterprise agency Tedco which aims to create 900 new jobs across the region.
The scheme follows investment from the Regional Growth Fund and a partnership with Barclays Bank to deliver intensive start-up training and support for new and developing businesses across the UK with a particular focus on helping start-ups access business finance.
Bill Hartshorne, business adviser for Tedco who delivers the Ready for Business programme added: “Glenn is one of those people who you meet and you just know they have the determination and ambition to succeed.
“He is really driven and has a great eye for business but, more importantly, really understands his market and what his customer wants so I am confident we will see Statement Fashion and Accessories shops in other towns soon and with new funding channels soon to be introduced, we may be able to help him access a micro loan to help him achieve his plans.”
Ready for Business runs regular workshops for people looking to set up their own ventures.
For more information about Ready for Business support, and upcoming seminars and events in the North East, contact Bill Hartshorne on 07803 627092 or firstname.lastname@example.org Or visit the national programme website www.startupedge.co.uk for further information.
Ready for Business is delivered by the Cavendish Consortium and partners. The programme is funded by the Department of Business, Innovation & Skills.