Training firm aims to help 300 start-up businesses next year

A training company which supports fledgling entrepreneurs has helped to create 55 small businesses in less than a year.

In late 2011, the Hull-based training consultancy, Cut to the Chase, launched a pilot scheme for unemployed people and others who have faced problems finding work.

Many of the firms established by people who have been on the course have since taken on extra staff. The target for next year is to help launch up to 300 firms – the equivalent of almost six a week.

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The managing director and founder of Cut to the Chase, Tracy Petersen, said yesterday: “The vast majority of the businesses we have helped are trading successfully.

“These firms are having a massive impact on the local community. But it’s not only that.

“I can’t emphasise enough the pride that comes with having something productive to do with your time.”

Most of the people who took part in the business start-up pilot had been unemployed for between six months and three years.

Most of them were directed to Cut To The Chase through a training provider, Remploy, and the University of Hull. 

The candidates come to the course with an idea and leave with a business plan, financial forecasts and details about sources of possible funding for their business.

Cut To The Chase offers an advice and guidance service after the course has finished and the business has been launched.

It has helped a wide range of start-up businesses, including builders, plumbers, online retailers and designers.