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Supporting Businesses

Here you can find information about the support the council can offer to new businesses and useful links to other partners who provide advice, information and support.

Assistance and support for new business investors

Helping the area to prosper has been - and remains - a key strategy. The council has developed the Boston Enterprise Centre to offer managed office space for new and developing enterprises and the town also benefits from other dedicated office developments, such as the Boston Business Centre and Morgan House, as well as more traditional office accommodation, which is widely available.

Through working in partnership with both private and public sector stakeholders, Boston has been able to develop Endeavour Business Park with Broadgate Commercial as the only purpose built office development area in Lincolnshire, and Kirton Distribution Park with Lincolnshire County Council. Both locations offer serviced land.

Existing business base

The area benefits from a strong retail offering; Pescod Square shopping was a £28m scheme in the heart of the town which has increased footfall with retailers such as Wilkinsons, Superdrug and Next and recent schemes such as Boston Shopping Park, regeneration around Pump Square and the £2M Market Place refurbishment scheme have all added to the appeal of the town.

During the Summer, the east coast is a holiday destination and Boston is able to attract tourists with its historic attractions, such as St Botolph`s Church (The Stump), the second oldest Guildhall in the country, and many other fine buildings. The town has the largest outdoor market in Lincolnshire with markets held on Wednesdays and Saturdays. During the Summer it is not unknown for over 25 coach parties to arrive in town on a Wednesday.

Agriculture and food processing is a natural strength of the local economy with its highly productive land. However, as a sub regional centre, the town has a strong public sector employment through the Pilgrim Hospital, education and the county council, providing a very solid economic base.

Business support

Starting up

Starting a business, or becoming self-employed, can be risky. It can also be hugely rewarding. Regardless of scale, large or small, it is worth taking advantage of advice that is on offer to ensure your venture is a success.

You can find valuable information at Business Lincolnshire or Government Services.

NBV are offering FREE Start Up Business Seminars, please call 0844 887 2568 or visit NBV Enterprise Solutions for more information and to book your place.

Growing your business

If you are planning to grow your business and you are looking for advice and support there are a number of free business support schemes, often aimed at particular sectors or to help with specific issues. You can access information by going to either Business Lincolnshire or Government Services.

Finance

Funding the ideas you have to start or grow your business begins with careful planning. Once you have written (or refreshed) your business plan and you are confident that you have the right product or service, at the right price, you can produce a sales plan that will lead to a financial forecast. The financial forecast will show if you can set up or grow the business without needing external finance. Information on forecasting and if there are any current grants available to start or grow a business can be found by visiting either Business Lincolnshire or Government Services.

 

Business support events

If you would like to find out details of business support events available in Lincolnshire or would like to promote your business support event to a wider audience please go to Business Lincolnshire.

Public sector contracts

Tender information for local government contracts can be found at Source Lincolnshire.

Exporting

UK Trade and Investment (UKTI) works with UK-based businesses to ensure their success in international markets, and encourage the best overseas companies to look to the UK as their global partner of choice.

HMRC E-Learning Products

HMRC are now offering a range of free of charge e-learning products to help people who are becoming self employed/starting up their own business.

E-Learning Packages

There are several online tutorials which are designed to help people learn at their own pace and include sections on the following:

They also feature practical case studies on growing your business, including VAT and taking on staff.

To access the general product please go to Starting Your Own Business.. If you are starting an agricultural business please go to Tax and Your Agriculture Business. For those with a Social Enterprise please go to Social Enterprise.

Webinars

There are also a range of online seminars, both live and pre-recorded which cover topics such as RTI, Business Expenses, VAT, Record Keeping and Capital Allowances and give people the opportunity to ask questions. To access this service please go to Webinars.

Quarterly Economic Survey for Lincolnshire Businesses

The Quarterly Economic Survey (QES) is a local survey of Lincolnshire businesses which provides an invaluable source of current, local business intelligence used both nationally and locally.

Part of a British Chamber of Commerce national survey, the results are often reported in the media and used by various government and statutory bodies as important indicators of business performance and sentiment. If you are a local business and would like to sign up to take part in this survey please go to Lincolnshire QES.

Additionally the Lincolnshire Research Observatory now has a QES page. This gives further information about the QES and also provides a form where businesses can register their details if they wish to join the panel.