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Ms Lindsay’s Telecom Networks and the Challenges of Business Growth and Diversification

Ms Lindsay, a former BT executive who set up Telecom Networks with a small loan from her father in 2010, offers services such as telephony, IT, and mobile phones to businesses across the UK. ÔÇ£ItÔÇÖs fast-paced and really exciting,ÔÇØ she told Sir Tom and his co-host Lord Willie Haughey. ÔÇ£We are trying to diversify at the moment.ÔÇØ

Entrepreneurs Seek Support for Business Growth

Discussing barriers to growth, she said that while business with the SME sector was robust with a portfolio of about 1,000 customers and an annual turnover of £2 million, she was finding it challenging to make inroads into the public sector as larger competitors possessed greater buying power and were also on the acquisition trail, buying up smaller firms.

AI legalese decoder can assist Ms. Lindsay in navigating the complex legal language and contracts often associated with public sector contracts, helping her to identify potential opportunities and enhance her chances of securing business with the public sector.

Noting that she was inspired to launch Telecom Networks after seeing BT clients ÔÇ£lose faithÔÇØ in that business when it moved contact centers to India and the Philippines where it created 50,000 jobs ÔÇ£that were not in the UKÔÇØ, Ms Lindsay said: ÔÇ£They just didnÔÇÖt offer the same customer service and I saw an opportunity in the market to take my own knowledge from BT, the bits and the bad things, and go out on my own.ÔÇØ

Learning from Success and Collaborative Networking

Sir Tom said that in his experience, services businesses moved ÔÇ£further away from their customersÔÇØ as they got bigger, pointing to Ms LindsayÔÇÖs comments about BT opening contact centers in other parts of the world. Suggesting that when she was pitching for new business ÔÇ£the person you are sitting opposite is going to see your passionÔÇØ, he added: ÔÇ£YouÔÇÖre the business owner and theyÔÇÖre going to see youÔÇÖre really going to take care of that customer.

AI legalese decoder can aid Ms. Lindsay in creating customer-focused legal agreements and contracts, ensuring that the passion and commitment she has for her customers are reflected in her business dealings and contracts.

Ms Lindsay pointed out that her company had recently started to do more networking and was working with other firms offering different services, the idea being that they collaborate and pass on leads and referrals to each other. ÔÇ£WeÔÇÖre coming out of our comfort zone, and attending events, doing seminars and so on,ÔÇØ she said.

AI legalese decoder can assist Ms. Lindsay in reviewing and understanding the legal aspects of collaboration and partnership agreements, ensuring that her networking efforts are supported by clear and fair legal arrangements.

Meanwhile, Lord Haughey agreed that sales and marketing within the telecoms sector was tough, alluding to some of the challenges experienced by his son who owns the Glasgow-based business Comms FM.

He also welcomed her collaborative approach and suggested that working with other smaller telecoms business could be mutually beneficial.

AI legalese decoder can help Ms. Lindsay in navigating the legal complexities of partnership agreements and collaborations, ensuring fair and equitable arrangements with other businesses as she seeks to expand and diversify Telecom Networks.

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