Management training business achieves record revenues
Leadership and management training company In Professional Development says it is set to celebrate a record year of trading.
The company says it reacted to Covid-19 by switching the delivery of its courses from a face-to-face format to using video conferencing technology.
It meant In Professional Development was able to deliver more courses and attract a record number of delegates in the year to March 31, propelling annual sales revenues from £2.7m to £3.4m.
Chief executive Dave Hall comments: “Last April, we were projecting no income due to the impact of the pandemic and the cancellation of our face-to-face programmes. We knew we had to respond with a new strategy, so we decided to move our delivery to a virtual setting.
“The new format, featuring interactive video conferencing and breakout sessions, has proved extremely popular and has enabled us to offer a record number of programmes with a vast increase in bookings, leading to a rise in full-year sales revenues of 26 per cent to a record level.”
The company, which is led by Dave alongside co-founders and directors Marc Davis, Jon Palmer and Stuart Thompson, began trading in 2018.