November 2016

Globe Fit gets into training for growth

In April Creative Network South launched a partnership with Creative United to prepare investment ready businesses for growth. Hannah Murphy, the founder of Globe Fit, attended the launch and registered with Creative United for advice from the creative finance initiative. This is her story. “I founded my company Globe Fit in 2013 after spending several years travelling the world, experiencing various cultures and training as a fitness and dance teacher. I started out with just one fitness class a week in my local village hall. The demand for my fitness classes quickly grew. My adults and children’s hula hoop classes were particularly popular. I quickly realised that to meet demand I would need to offer more classes as well as train up other people to teach them. This is when I decided to write my own instructor training programme and licence the brand. The instructor training programme has taken three years to develop. Over this period, I travelled across the UK and Ireland training instructors. There are now almost 40 teachers in total who teach under the Globe Fit brand. The brand is now looking at expanding into Europe and the U.S.A. and I have since added more branches to the Globe Fit umbrella, such as the Globe EAT programme and the Globe Fit SPA range which is currently under development. Up until now the business has been 100% reliant on my own personal funds and as it has grown beyond the initial startup phase I have been seeking funding. This year I came across Creative United and I applied for business funding with them. The scheme is wonderful as I have been assigned a mentor to help guide me in writing a viable business plan and develop financial forecasts for the next five years. When I have decided the best way ahead Creative United will work with me to attract appropriate funding.” The 2016 creative finance initiative business advice programme is now oversubscribed, but we are hoping a new programme will be launched in 2017. Details are available from the creative finance initiative website https:// www.creativeindustryfinance.org.uk/.