Business development entails tasks and processes to develop and implement growth opportunities within and between organizations.It is a subset of the fields of business, commerce and organizational theory. Business development is the creation of long-term value for an organization from customers, markets, and relationships. Business development can be taken to mean any activity by either a small or large organization, non-profit or for-profit enterprise which serves the purpose of ‘developing’ the business in some way. In addition, business development activities can be done internally or externally by a business development consultant. External business development can be facilitated through Planning Systems, which are put in place by governments to help small businesses. In addition, reputation building has also proven to help facilitate business development.
Loughborough (/ˈlʌfbərə/ (About this soundlisten) LUF-bər-ə) is a town in the Charnwood borough of Leicestershire, England, seat of Charnwood Borough Council, and home to Loughborough University. The town had a population of 57,600 in 2004, making it the second largest settlement in Leicestershire. It is close to the Nottinghamshire border and within short distances of Nottingham, East Midlands Airport and Derby. The town has the world's largest bell foundry – John Taylor Bellfounders – which made bells for the Carillon War Memorial, a landmark in the Queens Park in the town, of Great Paul for St Paul's Cathedral, and for York Minster.