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Growing Your Business in Powys

Growing a business

At Powys County Council, we're committed to supporting local businesses at every stage of their journey — from start-up to scale-up. If you're ready to grow your business, we can help you access the tools, advice, and funding you need to succeed.

Key steps to growing your business

1. Review your Business Plan

  • Growth starts with a clear strategy. Update your business plan to reflect your new goals, market conditions, and financial forecasts.
  • Need help? Contact Business Wales (Tel: 03000 6 03000) for support with planning.

2. Understand your market

  • Use up-to-date market research to identify new customer needs, trends, and opportunities for expansion.

3. Reach more customers

4. Diversify your products or services

5. Improve efficiency

  • Streamline your operations by investing in technology, training, or process improvements to reduce costs and boost productivity.

6. Explore new sales channels

7. Build Strategic Partnerships

  • Collaborate with local suppliers, service providers, or other businesses to share resources and grow together.

8. Secure funding

The Development Bank of Wales provides financial support and resources to businesses in Wales. It offers a range of services, including business loans, equity finance, and research data on the Welsh economy. The bank supports businesses at various stages, from start-ups to established companies, with flexible finance options such as micro loans and larger funding packages. Additionally, it promotes sustainable growth through the Green Business Loan Scheme and offers tailored support for property development and tech ventures. The bank is backed by the Welsh Government and aims to fuel possibilities for people, businesses, and communities in Wales.

9. Recruit and train staff

10. Monitor and adapt

  • Use performance data and customer feedback to track your progress and adjust your strategy as needed.

Support available

  • Business Wales: Free advice, mentoring, and workshops tailored to growing businesses.
  • Antur Cymru: A social enterprise that supports the growth of businesses and communities in Wales through business advice, consultancy, IT solutions, and project management
  • Powys Business Support Team: Local guidance on funding, planning, premises, and networking.
  • Welsh Government Programmes: Access to innovation support, export advice, and sector-specific growth schemes.

Need help? 

Contact our Economic Development team at economicdevelopment@powys.gov.uk 

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