The benefits of business mentoring

A business mentor can help you develop a stronger and more sustainable business. Mentored businesses and organisations report many benefits, including increases in turnover, productivity and employee numbers as a result of working with a mentor.

Business Wales Mentors are volunteers who give their time freely. They have a wealth of knowledge, skills, experience and contacts they are willing to share. As successful business people, they understand the challenges you face as a business owner or leader of your organisation. By providing an impartial view, mentors encourage you to look at your business or organisation with a fresh perspective as a confidential sounding board. Sometimes, this is all that's needed to identify opportunities for growth.

The mentor's role is to support, develop, stimulate and challenge. An experienced mentor can help you to:

• increase your business knowledge and experience
• maximise your business performance
• improve your problem-solving abilities
• build your confidence
• develop your leadership skills
• widen your network of business contacts

If you are planning to develop and grow your business, this could be a very effective tool to support you to achieve your objectives.