4 minute read
Growth Works
HOW DID A GARMENT CLEANING BUSINESS GET OVER £270K OF GROWTH INVESTMENT?
With fully funded strategic support, peer learning and funding from Growth Works, to help ignite an impressive crowdfunding campaign. Peters’ Cleaners is a Peterborough-based garment cleaning business that was hit hard at the start of the pandemic. Offering garment cleaning services for fabric items in physical shops that had to close, their revenue halved but their costs didn’t. Through this period came an ambitious business plan to launch new, fully-automated garment cleaning pods that customers could drop off and collect from at any time.
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The challenge: How do we get people excited about the future of garment cleaning? Ask them to drop their trousers…
As Owner and Managing Director, Vicky Whiter, came from a background of working in a traditional business model, there were huge challenges facing her to launch this new idea. Being the only person in the business responsible for the ambitious growth, she needed support to fill the gaps. With the ever-changing digital landscape and wondering how they would generate excitement over the new pods, Vicky knew “marketing is not my strong suit”. Although she spent time upskilling herself in marketing through online courses, she needed an experienced professional marketer on the team. Realising she not only needed financial investment to deliver the initial product launches, but also needed business and marketing guidance, Vicky began to look for support. Through talking to other local businesses, she found out about Growth Works and applied for funding.
The solution: Fully funded strategic support, peer learning and funding to ignite crowdfunding campaign
Vicky was able to hire a new Marketing Director, Clare, and “go all-in with their marketing efforts”. This position was something that would not have been possible, or deemed as important, before the growth plans with the garment cleaning pods and their grant application. This led to the new slogan of ‘there’s
never been a better time to drop your
trousers’, and supporting statement saying their pods offer ‘garment cleaning for how we live now’. These marketing messages add a playfully fresh and modern take on garment cleaning, moving away from the traditional expectations. In 2021, Peters’ Cleaners used part of the funding received from Growth Works to hire a professional videographer to launch a high-quality crowdfunding campaign. The crowdfunding campaign they put together well-exceeded their target, raising over £270,000! Without Growth Works’ financial support, they would have not been able to produce such good-quality marketing videos to elevate the campaign to receive more funding. Growth Works offered Vicky both one-toone mentoring and peer support alongside a revenue grant. When joining the peer support programme, Vicky said it helped to give her a support network of “local talent” and that “everyone has been really supportive, not coming across anyone that’s put my ideas down”. This meant she had people available. “When you are isolated as a business owner, especially during covid, it gets really lonely… being able to go on these chats, meet people and get excited feedback about what you were doing was really nice” Talking in this environment helped to build confidence in herself, in turn making the presentation of her business better.
The outcome: Exceeding crowding funding goals and a growing team of award-winners for innovation and technology in Peterborough
Vicky has exceeded her original crowdfunding ambition by reaching £276,670 from 235 investors at the time of publication. Peters’ Cleaners’ MD Vicky has recently been recognised for contributions to innovation and technology by winning TWO local business awards, increasing their brand recognition. The revenue grants and support Growth Works has given them the opportunity to elevate their business growth, and in the words of Vicky - “why wouldn’t you get free access to experts?” Could your business benefit from expert support and funding to help you unlock further growth? Get started by registering here: https://www.growthworkscoaching.uk/ get-started/
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