Best Trading hits six figure growth spurt

By Tom Kilkelly

16 October 2023

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Slough-based logistic business Best Trading has increased profits by 45 per cent in the last six months, bringing it to a record turnover of £700,000.

The company, that now has its sights set on reaching £1 million turnover come the end of the year, attributes its success to the support and knowledge it gained through the Help to Grow: Management Course.

This course was delivered by Brunel Business School and attended by Best Trading founder Abdul Waheed, who set up the company in 2005 as a 'side hustle'.

Abdul said: “Supply chains and their networks have faced immense challenges over the past two years with many suppliers getting cold feet as businesses experienced a rise in input costs.

''Despite this, we’ve remained active in and maintained relationships with our clients allowing us to grow our share of the energy market, which will be crucial as we get closer to the colder months.

“I’ve always found it difficult to relinquish control and delegate, but the Help two Grow: Management Course has given me the confidence and insight to begin transitioning away from the day-to-day running of the business and transfer more responsibility to my son.

''Working alongside my Help to Grow: Management mentor to create a rounded succession plan has also boosted my confidence in the future of the firm and its potential for growth with Faisal at the helm.”

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Across the South East, 435 SME leaders had graduated from the Help to Grow: Management Course by the end of March 2023 at the University of Brighton, Oxford Brookes University, and the University of Kent.

Michael Hayman MBE, Chair of the Small Business Charter, said: “With the support of small business experts at the Brunel Business School and his Help to Grow: Management mentor, Abdul has acquired the knowledge, leadership skills and confidence to build a succession plan for his business.

''Critically he has also been able to share that knowledge with his son, benefiting the next generation too.

''Spending time working on their business is something that an increasing number of business leaders want to do and the Help to Grow: Management Course provides the tools and the know how to do this.

''I look forward to seeing Abdul and the Best Trading team continue to evolve in this exciting period of transition.”

By Tom Kilkelly

Tom Kilkelly started working as a freelance journalist for The Business Magazine following his graduation from UCL in 2022.

During his studies Tom became very interested in the works of Irish authors including Samuel Beckett and Flann O'Brien (Brian O'Nolan).

His current role as a freelance business reporter is his first exposure to the world of business journalism. Working at TBM has given Tom the chance to really get to grips with the goings-on in the business hive that is the South East.