Are you a growing business in search of support and guidance from an experienced business professional?
Call Donna Costello or Elaine Owen on 0151 653 3338 or complete the form to the right of this page and we will contact you.
Q: I think I need a business mentor but I’m not sure. How do I decide?
A: Only you can decide whether having a business mentor is the right option for you but at certain stages of a business’s life cycle, a mentor can be a useful source of support and guidance. For example, if your business is experiencing a period of rapid growth or has been declined finance, a mentor can support you and your business through that stage and on to the next level of development. Businesses that seek guidance and support, particularly during start-up and the first months of trading, are most likely to survive and succeed.
Q: What support and guidance can a business mentor offer me?
A: A mentor is normally someone who has extensive business experience or is expert in a particular business area, such as finance or marketing. He/she can support and guide you in a number of ways: by providing honest and constructive feedback; by being a sounding board for your ideas; or by listening, confidentially, to the things that are concerning you about your business. Business mentors do not give specific technical business advice; provide a counselling service; or supply a training service but Designated Associates and Women in Business do.
Q: How can you help me find a business mentor?
A: Based on your business’s stage of development and where you are located, our mentor finder will provide your details to our most suitable mentors from our extensive network of mentors.
The next part is getting in touch with any of the mentors who register an interest in mentoring you.
Q: What information will you need from me?
A: If you have reached the stage of wanting a mentor, it is likely that you are facing issues in your business that you think you need help with.
Try to be clear on what those issues are. It could be that you don’t feel you have the right team to help you grow, or you want to raise the profile of your business in your area.
You may also be asked if you would like to be mentored face-to-face, via telephone or email, and if you would like to receive formal or informal mentoring.
These are things you should give some thought to in advance.
Q: What is the difference between formal and informal mentoring?
A: Formal mentoring refers to a process of support that is set up in an official way and may be part of a wider, structured mentoring programme. Informal mentoring involves mentors working with businesses through network associations, recommendations, and friendship groups, online or through word of mouth. Both types can be equally valuable to your business.
Q: Will I have to pay for my business mentor?
A: if you are based in NW then currently we have a volunteer business mentoring programme operating in this area and you would not be required to pay for your mentor.
We do also provide commercial training and coaching for which there are charges please see www.designated.org.uk
Q: How much contact can I expect to have with my business mentor?
A: It is up to you and your individual mentor to produce a schedule that suits you both but a mentor will, typically, spend around one meeting a month with you.
Q: How long can I expect to be mentored for?
A: This depends on how long it takes to tackle the issues that you would like your business mentor to support you on. You may only need to be mentored for a couple of months or the mentoring relationship could last for up to 2 years.