Development Appraisals Limited is at the forefront of innovation in the construction industry, specialising in ‘Proptech’ software. Founded by Stephen Hancocks, a seasoned quantity surveyor with over 13 years of experience, the business aims to fill a critical gap in the market.

“After years of working with clients and realising the limitations of existing off-the-shelf solutions, I saw an opportunity to create a product that combines the reliability of pre-made software with the flexibility of Excel,” Stephen explains. “The challenge was not just developing the software, but also mastering sales and marketing to bring this product to the market.”

The UKSPF-funded Thrive Telford Business Start-Up Service has been instrumental in Stephen’s journey. “The start-up sessions gave me a much-needed boost in confidence,” says Stephen. Nigel and Tim were incredibly supportive and saw the potential in my business.”

Through these sessions, Stephen had the chance to refine his sales pitch and communicate his product’s unique value to those unfamiliar with the construction industry. “Practicing my sales pitch in a supportive environment and learning to articulate my product’s benefits in layman’s terms was invaluable. It helped me focus on the unique selling points and improve my marketing approach.”

With his software designed and coded, Stephen is now focused on building a customer base. “My next goal is to get paying clients. I offer a free trial and want to get as many people to try it as possible,” he says. Based on this input, Stephen plans to proactively gather customer feedback and continually improve the product.

The support from the Business Start-Up Service has set Development Appraisals Limited on a path to success. “This experience has refined my value proposition and clarified the steps needed to grow my business.”

“We’re thrilled to support innovative entrepreneurs like Stephen,” says Nigel from the Business Start-Up Service. “His dedication and vision for Development Appraisals Limited are exactly what we aim to nurture and develop. We look forward to seeing his business thrive and significantly impact the construction industry.”

For more information on the Business Advice Service, visit INVEST TELFORD – The Business Start-Up Service – Apply Now (startuptelford.co.uk)

For more information about Development Appraisals Limited, visit Development Appraisals