Leading Electronic Point of Sales [EPoS] specialist, Langley Business Systems, has reported significant growth since working with Worcestershire-based business support provider, BizSmart®.
The business, headquartered in West Bromwich, has seen a 62% increase in profit, 67% rise in recurring revenue and 25% growth in overall turnover since enlisting BizSmart®’s help in 2018.
Langley Business Systems services thousands of businesses in the hospitality, food & beverage, retail, garden & leisure, and sporting industries across the West Midlands and wider areas of the UK.
With a clear objective to drive sustained business growth, managing director, Richard Cox, has benefitted significantly from BizSmart®’s support, primarily its Smart90 quarterly planning sessions and ‘Smart Boards’ – a co-ordinated peer-to-peer group of like-minded business owners who meet monthly to help one another overcome challenges and achieve their growth objectives.
As a result, Langley Business Systems has seen a drastic improvement in the overall organisation and direction of the business, increasing monthly recurring revenue from 40% to 70% of its annual turnover.
Richard Cox explained: “For years we tried to grow the business, and though we experienced some organic growth, the laser-focused approach generated by BizSmart® ensured we were able to reach our objectives far more quickly.
“For me, the Smart 90 Planning sessions were a huge game changer that allowed us to focus on recurring revenue and take it from 40% to 70% of our turnover. This gave us structure and strength, ensuring that all our costs were covered at the start of each month.
“I can honestly say we are a completely different business as a result, and I have recommended BizSmart® to many fellow business owners. The ability to work with peers and understand the challenges they face in their own businesses day-to-day is incredibly powerful.”
BizSmart® has successfully established itself as a leading business support provider by developing a series of proven support programmes with a key focus on bringing like-minded business leaders together via peer-to-peer learning and engagement.
The firm has recently launched a new franchise model, which provides proven professionals with the opportunity to build and establish their own business support offering under the BizSmart® umbrella.
Kevin Brent, director of BizSmart®, confirmed: “We have thoroughly enjoyed supporting Richard through his growth journey and are looking forward to seeing Langley Business Systems go from strength to strength in the coming years.
“Research shows that business owners who join peer-to-peer support programmes will typically experience 2-3 times the growth rate of those that don’t, proving its value. Therefore, in launching the BizSmart® Franchise, we are not only excited to expand our brand and innovative support programmes but are also looking forward to helping thousands of business owners achieve incredible growth, just as we have seen with Langley Business Systems.”
Launched in November 2020, BizSmart® Franchises are available in key regions across the UK.