Member Article

Leeds accountancy firm expands with funding from Finance Yorkshire

Garforth-based accountancy firm Business Works UK aims to grow following a £20k investment by Finance Yorkshire.

Business Works owner and entrepreneur Jo Tomlinson plans to use the Business Loan from Finance Yorkshire to develop and market the company’s services to a wider SME audience.

The firm plans to develop an auto enrolment service, supporting SMEs who face having to automatically enrol staff in a workplace pension scheme.

The funding from Finance Yorkshire has already enabled Jo to employ another team member who joins the Business Works family at its offices in Garforth.

She launched Business Works in December 2008 and in the last 18 months has doubled the size of the company. Clients include small owner-managed companies to businesses employing 100 staff with turnovers approaching £3 million.

Jo said: “I’ve more than 20 years’ experience in commercial roles in blue chip companies which I can now bring to the SME community. As I like a challenge, I decided to go it alone. In the early days I did a lot of contract work whilst steadily growing my own clients to where we are today.”

“Finance Yorkshire offers much more than many funding providers – they also provide guidance and support and I particularly like the way they challenge you, helping to ensure your business strategy works in the marketplace.”

Finance Yorkshire Investment Manager Ian Atkinson said: “Jo is an inspirational entrepreneur with a positive attitude to expanding her business. Our backing will help Business Works deliver its marketing strategy, namely developing its products and attracting new clients.”

Business Works was advised in the Finance Yorkshire funding deal by Gareth Allen of Red Sky Business Funding.

This was posted in Bdaily's Members' News section by Clare Burnett .