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ISSUE 1 : MAY 2012
It's<br />
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<strong>IQ</strong> welcome<br />
WelcomE to the first issue of <strong>IQ</strong> <strong>Magazine</strong>,<br />
a quarterly publication that is set to offer<br />
insight and inspiration to the SME business<br />
owner in Cambridgeshire and Suffolk.<br />
With the budget still fairly recent, we have put together a series of articles on what this will<br />
mean for business owners in the region. Keeping a positive spin, there are many changes<br />
that will facilitate growth in the region which is great news as the area has already been<br />
championed for its economic improvements in comparison to others.<br />
Gemma TREBY<br />
gemma@iqmag.co.uk visit www.iqmag.co.uk<br />
for further stories and information<br />
<strong>IQ</strong> <strong>Magazine</strong> aims to be positive and support<br />
local business initiatives in the area. It’s fantastic<br />
to see so many positive reports adding weight<br />
to the idea that this area is a great place to do<br />
business and provide an environment where<br />
entrepreneurs can flourish. Recent research commissioned by<br />
the BBC by data analysts Experian found St Edmundsbury in<br />
Suffolk to be one of the top places for business ‘champions’.<br />
The report celebrated small but rapidly growing firms that<br />
show entrepreneurial skill, appetite for business risk and real<br />
international outlook. This is highlighted in our feature on<br />
business owners in the 30s (page 28), an article that provides<br />
real inspiration for those looking to expand their business.<br />
Cambridge has always stood above the rest for its commitment<br />
to science and innovation and this is once again put in the<br />
spotlight by new company Go Green (page 56). Go Green’s<br />
story is fascinating; they have designed and manufactured a<br />
new solution which helps companies save costs and benefits<br />
the environment too. This entrepreneurial spirit and pure skill<br />
will be what drives our economic growth forward.<br />
With this being our first issue, I welcome your feedback and<br />
any suggestions you may have, so please contact me personally<br />
using the e-mail address below.<br />
We hope you enjoy reading this, and that you will feel as<br />
inspired by its contents as we did as we put it together.<br />
FOLLOW ON US TWITTER twitter.com/<strong>IQ</strong>BusinessMag<br />
issue 1 | page 05
issue 1 | page 07<br />
<strong>IQ</strong> contents
<strong>IQ</strong> showcase<br />
WHAT’S THE STORY?<br />
<strong>IQ</strong> <strong>Magazine</strong> is published by Cubiqdesign Ltd., one of the leading graphic design and<br />
web agencies in the East of England. Drawing on Cubiqdesign’s sales, marketing and<br />
design background, the company launched its publishing wing five years ago with the birth<br />
of Velvet <strong>Magazine</strong>, an award-winning lifestyle publication with a catchment stretching<br />
from Cambridge to Bury St Edmunds. Velvet <strong>Magazine</strong>’s story of success has inspired the<br />
launch of <strong>IQ</strong> <strong>Magazine</strong>.<br />
“Knowing what works and what does not work in the world of independent publishing<br />
will ensure that our advertisers get a return on investment,” says John Treby, Creative<br />
Director. “It’s all about supporting local businesses and representing companies’ brands to<br />
the standard deserved; developing and caring for brands is what we do best.”<br />
The team behind <strong>IQ</strong> <strong>Magazine</strong> is a mix of creative copywriters, independent expert<br />
advisors and a design team with the capability to inspire readers. Gemma Treby, Editor of<br />
<strong>IQ</strong>, comments, “Information needs to be bite-sized for the SME business owner. After all,<br />
we do not have time for a leisurely read – we’re at work to do business! However, business<br />
owners still need to be kept up to date with information that will impact on their business<br />
for both the positive and negative. We promise not to waste your time - <strong>IQ</strong> will be both<br />
relevant to your business and inspirational!”<br />
THE TEAM<br />
John Treby Creative Director | Gemma Treby Sales and Marketing Director / Editor | Georgie Campbell Content Editor<br />
Rachel Lee Publication Sales | Rachel Preston PR and Marketing Executive | James Stubbins Publication Sales<br />
Jess Pack Designer | Tom Stedman Designer | Matt Cockerton Designer | Eugene Hector Designer | Sophie Barnes Designer<br />
Expert Contributors Carole Baker | Mike Worby | Deborah Cadman | Chris Ellis | Gary Morgan | Peter Wortley | Ian Clemson<br />
Chris King | Jim Doyle | James Pinchbeck | Ben Ramsay | Glyn Mon Huges | Kirsten Corrigan | Marion Treby<br />
Chris Coombs | Bryony Baines | Graham Abbey<br />
issue 1 | page 09
<strong>IQ</strong> business overview<br />
£45bn Corpora<br />
£102bn VAT<br />
Whilst business news is generally positive for the region, Glyn Mon<br />
quick to highlight the concerns<br />
Hughes is<br />
Anyone who regularly reads the<br />
business pages of newspapers may<br />
well have been suffering nightmares<br />
of late.<br />
As the chill winds of recession have<br />
blown relentlessly around the world,<br />
every day brings another story of<br />
doom from some quarter or another.<br />
It might have been the games of<br />
brinkmanship played over the Euro<br />
crisis, the threat of war in the Middle<br />
East or the seemingly unremitting<br />
battle being waged in Britain to bring<br />
public spending under control.<br />
With that as a background, there<br />
can’t be much about which to be<br />
cheerful in the Cambridgeshire<br />
area.<br />
That’s where John Bridge, Chief<br />
Executive of the Cambridgeshire<br />
Chambers of Commerce, is quick to<br />
correct the prophets of doom.<br />
“The economy is much more buoyant<br />
here than nationally,” he said. “The<br />
majority of businesses we’ve talked<br />
to are all doing well, and things are<br />
better than expected. Yes, there are<br />
concerns. People are particularly<br />
worried about the 5.6% increase in<br />
business rates which is on its way;<br />
the announcement of a reduction<br />
in capital allowances in the budget<br />
means there is less incentive to invest<br />
and, therefore, fewer incentives to<br />
take on new employees, especially<br />
youngsters.<br />
“Businesses are also concerned about<br />
fuel duty, something exacerbated by<br />
the recent stupidity over the tanker<br />
drivers’ dispute.”<br />
That’s a view echoed by the<br />
Federation of Small Businesses (FSB).<br />
According to John Walker, National<br />
Chairman of the FSB, petrol prices<br />
remain a major concern for small<br />
businesses. “We would have liked<br />
some further action on reducing the<br />
level of fuel duty to help struggling<br />
firms,” he noted.<br />
The FSB broadly welcomed the<br />
£48bn Excise Duties<br />
recent budget. “We asked for a<br />
budget with long-term measures to<br />
help instil confidence, rather than a<br />
barrage of micro-measures that have<br />
a limited impact on the ground,”<br />
said Walker. “We are pleased with<br />
some of the actions to cut the<br />
burden of red tape, help to get out<br />
young workers into employment<br />
and measures to improve access<br />
to finance. Especially welcome are<br />
the proposals to simplify the tax<br />
system for the country’s smallest<br />
companies.”<br />
It appears that most business leaders<br />
are agreed that the way to nurse the<br />
ailing economy back to health is<br />
through tackling the budget deficit,<br />
and there appears to be broad<br />
support for the Government’s debt<br />
reduction plan.<br />
“The FSB welcomes the fiscally<br />
neutral budget and is pleased with<br />
the Office of Budget Responsibility’s<br />
positive revision to growth forecasts<br />
£130bn Health<br />
£32bn Public Ord<br />
issue 1 | page 10
£26bn Business Rates<br />
£39bn Defence<br />
£91bn Education<br />
<strong>IQ</strong> business overview<br />
er and Safety<br />
this year, along with forecasts for<br />
falling inflation,” said Walker.<br />
However, there was an element of<br />
disappointment with the Chancellor’s<br />
measures.<br />
“To ensure that businesses can be<br />
properly supported and to bring<br />
together the measures that have been<br />
announced, we are disappointed<br />
that there were no plans to look<br />
into setting up a Small Business<br />
Administration – a department to<br />
champion small firms at the heart<br />
of Government with a cabinet-level<br />
minister,” suggested Walker. “This is<br />
the missing link to ensuring that all<br />
initiatives have the maximum impact<br />
for small firms.”<br />
Back in Cambridgeshire, one of the<br />
key concerns is a lack of investment<br />
in infrastructure.<br />
“Successive governments have<br />
not invested in infrastructure and<br />
they’ve not invested in success,”<br />
said John Bridge. “We need to<br />
Glyn Mon Hughes<br />
visit www.iqmag.co.uk for further<br />
stories and information<br />
£22bn Transport<br />
see new investment in roads, in<br />
utilities and in broadband, and we<br />
need to get something done about<br />
the A14 between Huntingdon<br />
and Cambridge. The poor state<br />
of that road is one of the biggest<br />
growth inhibitors, so we need new<br />
certainty to devise a scheme, fund<br />
it and implement it. I know that<br />
many international investors who<br />
are prepared to invest in the region<br />
are concerned that we make sure<br />
all our infrastructure problems are<br />
sorted out. Then there are others<br />
who underestimate the scale of the<br />
problem, and there’s a risk that they<br />
will be put off investing once they see<br />
the problems for themselves.”<br />
Another key concern is how<br />
companies in the area respond to<br />
competition from elsewhere. “As<br />
business opportunities begin to<br />
increase, companies need a positive<br />
attitude towards competition from<br />
wherever that comes,” said Bridge.<br />
£207bn Social Protection<br />
“That can be particularly acute if it’s<br />
coming from overseas.”<br />
There’s little doubt that the new<br />
enterprise zone at Alconbury<br />
Airfield will help the economy of the<br />
region, and business leaders are keen<br />
to ensure that the right people can<br />
be attracted to the right jobs . . . and<br />
that there’s somewhere for them all<br />
to live.<br />
But, while the business news from<br />
the region is generally, positive, there<br />
are one or two warning lights on the<br />
dashboard of the economic drivers<br />
of the area.<br />
“While we all want to celebrate<br />
with Her Majesty, small businesses<br />
will be affected by the disruption<br />
of the Diamond Jubilee holiday,”<br />
said Bridge. “And then there’s the<br />
Olympics. We’re expecting a 0.6%<br />
growth in GDP this year, but we<br />
are expecting a flat period in the<br />
summer on account of the Jubilee<br />
and the Games.”<br />
issue 1 | page 11
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<strong>IQ</strong> showcase<br />
Journalist and brand strategist Kirsten Corrigan raises the issues affecting the<br />
local business community that others shy away from<br />
Business Link:<br />
good riddance or a<br />
tragic loss?<br />
THE scaling down of the<br />
local Business Link service last<br />
November is something of a<br />
hot potato and has provoked<br />
interesting debate among local<br />
SMEs.<br />
Feelings are mixed on the subject<br />
about whether the loss of this<br />
lifeline is truly catastrophic or a<br />
rather small puddle of spilt milk<br />
not worth crying over. When you<br />
learn that the cost of the national<br />
website platform was over the<br />
£100m mark, the astute business<br />
owner might ask whether the<br />
benefits justified the price tag.<br />
And rightly so.<br />
Many local company directors<br />
recognise the strengths of the<br />
former localised service and how<br />
this slimmed-down version might<br />
not adequately plug the gap. Jerry<br />
Pett, from Burnt Orange Designs<br />
sums it up: “Business Link used to<br />
be a valuable consulting service<br />
for small businesses and it appears<br />
to have turned into a library<br />
service and nothing more,” he<br />
says. “The real value of the<br />
service was the people involved<br />
with it who could talk to the<br />
businesses about their individual<br />
needs.”<br />
Another technology-based<br />
business, which operates from the<br />
growing site at Cambourne, is<br />
Adept Software Consulting. MD<br />
David Smith has a refreshing view<br />
about how to rise to the challenge<br />
in the absence of this resource.<br />
“It’s really important to work<br />
with other businesses,” he says.<br />
“There’s a lot of expertise in the<br />
Cambridge area. We need to help<br />
ourselves and luckily we have a<br />
large network to call upon. I have<br />
people I can turn to and share<br />
advice with. That’s so important.”<br />
Digging a little deeper there<br />
are others who are happy to see<br />
the back of the service, with<br />
criticisms ranging from cronyism<br />
to the quality of advice given.<br />
Some even suggest the service was<br />
counter-productive to enterprise<br />
with advisers taking a pessimistic<br />
view of self-employment.<br />
Whatever the reality, one this is<br />
certain: we need to look to our<br />
business peers for support and<br />
collaborative working is one<br />
approach that can help further<br />
the local agenda for sustainability.<br />
Two heads are always better<br />
than one.<br />
KIRSTEN CORRIGAN<br />
www.methodcreative.co.uk<br />
issue 1 | page 13
<strong>IQ</strong> showcase<br />
issue 1 | page 01
<strong>IQ</strong> showcase<br />
£20 million investment in superfast broadband<br />
2.95% Increase in Council Tax<br />
£540 million budget cuts<br />
Cambridgeshire County Council’s recent economic<br />
consultation highlights the divide between the social<br />
and economic agendas<br />
In October 2011 I attended a<br />
consultation led by Cambridgeshire<br />
County Council discussing the fiveyear<br />
£540m budget cuts, which<br />
invited comment from local business<br />
representatives. We were asked to<br />
outline where we felt funds should<br />
be prioritised to best serve the local<br />
business agenda and it set the wheels<br />
in motion for some lively debate<br />
both within the framework of the<br />
consultation and beyond.<br />
The findings of the research, which<br />
also involved the study of other<br />
relevant demographics, were released<br />
in late February and outlined the<br />
Council’s plans to reconcile the<br />
balance sheet.<br />
Leader of Cambridgeshire County<br />
Council, Cllr Nick Clarke defended<br />
the controversial decision to raise<br />
Council Tax by 2.95% in 2012 saying<br />
the priorities within the county must<br />
be for long-term prosperity over<br />
short-term savings. The rates are<br />
the 7th lowest in the UK, and even<br />
with the hike, remain lower than<br />
the equivalent for the neighbouring<br />
counties of Suffolk and Norfolk.<br />
Balancing the social and economic<br />
agendas is a tough challenge by all<br />
accounts, but I imagine it’s difficult<br />
for families on the breadline to agree<br />
that a potential £20m investment in<br />
superfast broadband is more relevant<br />
than a freeze on Council Tax.<br />
So how do we reconcile the<br />
commercial needs of our own<br />
businesses when our staff would<br />
greatly appreciate a payrise and we’ve<br />
also stopped the overtime? Does the<br />
calculator-wielding capitalist quickly<br />
silence the principled socialist within<br />
when faced with the issue of paying<br />
the bills? Tough times call for tough<br />
decisions and taking responsible<br />
measures might not always be the<br />
best move in the popularity stakes.<br />
Surely the mark of a great leader is<br />
the ability to plan for the future to<br />
ensure economic stability for those<br />
they support? My disgruntled inner<br />
socialist will have to ride the wave for<br />
now as I’m with Nick Clarke on this one.<br />
KIRSTEN CORRIGAN<br />
www.methodcreative.co.uk<br />
issue 1 | page 15 01
<strong>IQ</strong> showcase<br />
Local amenities provide<br />
key to health of<br />
Suffolk's rural economy<br />
Suffolk County Council’s Chief Executive Deborah Cadman explains<br />
how a bid to breathe new life into local post offices, shops and pubs has<br />
given the rural economy a much needed boost<br />
We introduced the Suffolk Rural<br />
Economy Scheme in 2007, partly in<br />
response to the closure of post offices<br />
in Suffolk, but also in recognition of<br />
the important role that small local<br />
businesses play in making rural<br />
communities more sustainable.<br />
The scheme was a small grant<br />
funding programme, funded by local<br />
councils and the East of England<br />
Development Agency, which provided<br />
a total funding pot of over £240,000.<br />
The idea was to support small shops,<br />
rural and urban post offices and pubs<br />
throughout Suffolk that wanted to<br />
diversify and provide a greater range<br />
of services. Applicants had access to<br />
fully-funded specialist advice from<br />
a rural retailer or Pub is the Hub<br />
consultant.<br />
Pub is the Hub is a national scheme,<br />
initiated in2001 by HRH The Prince<br />
of Wales, to encourage pubs to<br />
expand to offer everything from bed<br />
and breakfast to essentials like milk<br />
and bread. It has already found some<br />
success in Suffolk, with a countywide<br />
launch last year.<br />
The original Rural Economy Scheme<br />
proved so successful that we extended<br />
it for a further two years from 2009<br />
to 2011, thanks to support from Rural<br />
District and Borough Councils which<br />
contributed a grant funding pot of<br />
£137,500.<br />
Since then, the scheme has gone from<br />
strength to strength.<br />
This includes:<br />
• Delivering twice as much private<br />
and public funding as anticipated<br />
• Creating and safeguarding jobs<br />
• Establishing new businesses<br />
• Supporting local skills development<br />
A final evaluation showed that the<br />
schemes supported over 80 rural<br />
businesses to improve performance,<br />
and levered in well in excess of<br />
£730,000 of private sector funding.<br />
They also:<br />
• Delivered other public funding of<br />
£471,000<br />
• Safeguarded 30.5 jobs and created<br />
7.5 new ones<br />
• Created five new businesses<br />
• Helped 66 people with skills<br />
development<br />
• Carried out 18 capacity building<br />
issue 1 | page 01 16
<strong>IQ</strong> showcase<br />
initiatives<br />
• Assisted 19 voluntary organisations<br />
Given the constraints on public sector<br />
financing, we are now looking at<br />
new ways of supporting retailers and<br />
pubs in our rural communities in the<br />
future.<br />
We are also working alongside the<br />
Suffolk Chamber of Commerce to<br />
offer broader support to businesses<br />
in our rural areas. This applies to<br />
a network of 26 market towns, in<br />
addition to the three main urban<br />
centres of Ipswich, Lowestoft and<br />
Bury St Edmunds.<br />
Crucially, our Market Towns<br />
Development Advisor is seconded to<br />
the Chamber for two days a week.<br />
So far, the Advisor has been<br />
hugely influential by:<br />
• Negotiating a discount for rural<br />
businesses with the Action for Market<br />
Towns (AMT) initiative to access<br />
advice and best practice<br />
• Arranging a one-off contribution<br />
to support the creation of a business<br />
partnership between Leiston,<br />
Saxmundham, Aldeburgh and<br />
Framlingham. A project coordinator<br />
works with business associations in the<br />
four towns to increase membership<br />
and stimulate local tourism and<br />
commerce, including networking and<br />
training events plus access to services<br />
at membership rates<br />
• Working closely with District and<br />
Borough Councils and the town<br />
partnerships to put forward 15<br />
Suffolk towns for the Portas Pilots<br />
competition. We provided advice<br />
on market intelligence, best practice,<br />
sharing resources and funding and bid<br />
writing, as well as video production<br />
via Sixth Form Colleges.<br />
All of this work led to an innovation<br />
that I think may be unique to Suffolk,<br />
which we have called ‘the digital<br />
renaissance of market towns’. This is<br />
about using the internet to promote<br />
local shops by emphasising their<br />
unique strengths when compared to<br />
big high street competitors, in a bid to<br />
win business.<br />
We are using this idea to develop<br />
and share digital platforms between<br />
towns to keep costs down, and to<br />
provide help within formation,<br />
marketing and e-commerce. This is<br />
especially important for market and<br />
independent traders, and builds on<br />
best practice advice from AMT. We<br />
have a real opportunity to build on<br />
this to take on the big players. The<br />
recent £47m investment to bring<br />
better broadband to Suffolk can only<br />
help our cause.<br />
Ultimately, businesses must play an<br />
active part in growing and developing<br />
town centres. With this in mind,<br />
we have a duty to support town<br />
partnerships to grow and thrive,<br />
acknowledging that they are at<br />
different stages of evolution. To do<br />
this, we have set up a loan fund which<br />
these partnerships can access.<br />
I am delighted to see that the<br />
Government has followed our lead by<br />
announcing the creation of a similar<br />
fund, available at a national level, as<br />
part of their response to the Portas<br />
Review.<br />
All of this bodes well and gives me<br />
hope for a new renaissance in our<br />
rural economy.<br />
Supporting businesses<br />
Stimulating tourism<br />
Sharing resources<br />
issue 1 | page 01 17
<strong>IQ</strong> finance<br />
fitness to practice<br />
Employee<br />
benefits<br />
Ben Ramsay discovers how employee benefits may actually<br />
help the economy and your business to grow<br />
Employers looking for new staff are probably in the strongest position they have been in for years. High unemployment<br />
means that the job market is full to the brim with candidates looking for employment, but making sure you find the right<br />
people isn’t cheap. It’s not just the direct costs of recruiting staff, but the time and resources that are dedicated to this<br />
search. Finding the ‘right’ people the first time round, can be one of the best cost saving exercises a company can make.<br />
Attracting the right sort of candidate has taken on real importance, and for the candidates of today, the basic salary on<br />
offer is no longer the only deciding factor. The benefits on offer are now of real importance to prospective employees,<br />
with sick pay, critical illness insurance and private medical insurance topping the list of wants in the latest AON poll.<br />
However, the most recent data available from industry analyst Laing & Buisson shows a 3.3% fall in the number of<br />
private medical insurance policies paid for by companies, while cheaper, company-funded cash plans grew by 11.2%.<br />
And research by the policy provider Simplyhealth shows that, over the past year, 25% of employers removed health<br />
benefits altogether.<br />
Forecasts indicate that NHS cutbacks are set to continue; with this in mind the question must be asked how this will<br />
indirectly affect our already fragile economy. Steve Herbert, head of benefits strategy at Jelf Employee Benefits has<br />
commented: “Employers are by no means immune from the impact of the government cutbacks on the individual’s<br />
wellbeing – increased absenteeism is one obvious consequence that employers will have to face, as well as duties to those<br />
on long-term sick leave. Ensuring that key staff return to work at the optimum time – not before they are ready, but<br />
without huge delays – will be vital in keeping small businesses, and the economy, heading in the right direction.”<br />
Now, I know what you’re thinking. All these factors are additional costs to my company, taking money directly from the<br />
bottom line and reducing the profit it can make. Well, consider what costs your business incurs when an employee is<br />
absent. Do you need to cover their daily tasks? Does this restrict other staff members’ productivity? Crucially, do you<br />
need to bring in temporary staff to cover the absence? Imagine if your organisation fails to meet a deadline for a client,<br />
or makes an error that results in a loss of business; that in turn means you will probably be losing out not just initially but<br />
subsequently, when there would have been an opportunity for repeat business. Individuals and businesses spend years<br />
building strong reputations; why put that at risk? The only plausible answer is that it costs money to limit that risk, and, in<br />
the present economic climate, the majority of businesses are looking to decrease overheads.<br />
Mitigating those risks is now easier than ever, with more and more providers offering bespoke solutions to companies,<br />
whether these are sole traders or companies with over 250 employees.<br />
Looking at just one of those top three employee ‘wants’, private medical insurance, it has plenty of obvious benefits for<br />
both the employer and your employees.<br />
For the employer, it may help promote staff loyalty and therefore staff retention. As already discussed, recruiting is<br />
expensive, so keeping the right people means this is one expense you need not incur. Private medical insurance will<br />
also mean that, should your staff be injured or become ill, they may be treated faster than if they followed conventional<br />
treatment routes. Getting your staff fit and well and back being productive, is paramount.<br />
BEN RAMSaY<br />
ASL Mortages: ben.ramsay@aslmortages.co.uk<br />
issue 1 | page 19
<strong>IQ</strong> showcase<br />
issue 1 | page 01
<strong>IQ</strong> finance<br />
James Pinchbeck, Marketing Partner Streets Chartered Accountants, gives<br />
his opinion on growth in the current economic climate<br />
Despite the ever-increasing<br />
number of downgrades for growth<br />
projections in the economy, there is<br />
evidence that businesses can, and<br />
are, bucking the trend. Having<br />
attended a number of events and<br />
discussion groups recently, where the<br />
focus has been on business issues and<br />
concerns, there does seem to be a<br />
common thread emerging whereby<br />
businesses, even in some of the more<br />
challenging sectors, are doing better<br />
than their competitors. Some might<br />
even be bold enough to state that<br />
they are doing well.<br />
Needless to say, such reports and<br />
indications do then beg the question<br />
why and how? It would seem that<br />
one of the key overriding themes is<br />
that such businesses have decided<br />
to react to the economic conditions<br />
they face, as opposed to waiting and<br />
hoping for things to get better or just<br />
riding out the storm , which I fear is<br />
the default setting for the majority of<br />
businesses.<br />
As to how they are achieving more<br />
favourable results, it would seem that<br />
this is primarily down to leadership<br />
from the top, with clear vision and<br />
strategy being easily communicated<br />
and delivered across the organisation.<br />
Equally, renewed efforts, sheer graft<br />
and persistence also appear to be a<br />
part of the winning formula.<br />
Essentially there is only a limited<br />
number of ways to grow any<br />
business; however, such ways do seem<br />
to form part of winning strategies.<br />
Even in the most mature markets, it<br />
seems that businesses can increase<br />
margin and revenue from existing<br />
customers, or attract more of the<br />
same type of customers. One of the<br />
more common techniques, though,<br />
does seem to be to gain increased<br />
market share, and in some cases,<br />
geographical coverage, through the<br />
acquisition of competitors, perhaps<br />
those less favourably placed in the<br />
current economic environment.<br />
The idea of launching a new product<br />
or service in the current climate<br />
might fill some with dread, but the<br />
needs of customers and consumers<br />
continue to change and it would<br />
seem, not least for those who can or<br />
could supply overseas markets, that<br />
there has been no let up from those<br />
succeeding in the development and<br />
launch of new ideas.<br />
Whilst at the start of the downturn it<br />
was undoubtedly wise not to deviate,<br />
in many cases, from the marketing<br />
techniques and activities adopted,<br />
the last three years or so have,<br />
through necessity and developments<br />
in marketing, given rise to the need<br />
to consider the broader marketing<br />
tools and resources available to win<br />
and maintain business. Amongst<br />
those that seem to be doing well, it<br />
appears, is the trend to develop and<br />
implement a marketing strategy that<br />
recognises and exploits these broad<br />
changes.<br />
Finally, a common theme seems<br />
to be the recognition to review,<br />
monitor and control processes and<br />
practices in all aspects of delivery of<br />
the business’ goals and aspirations.<br />
Perhaps the slowdown in the<br />
economy has both allowed and<br />
necessitated such activity.<br />
From a wider perspective, there is<br />
growing demand for support and<br />
advice from businesses advisers,<br />
including accountants and tax<br />
specialists; the more successful<br />
businesses see such professionals<br />
more as part of the team, than as a<br />
necessary evil.<br />
JAMES PINCHBECK<br />
For more information visit www.streetsweb.co.uk<br />
issue 1 | page 21
<strong>IQ</strong> showcase<br />
issue 1 | page 01
<strong>IQ</strong> showcase<br />
PROFIT WITH THE HUMAN TOUCH<br />
Jim Doyle discusses how leveraging your traditional communication skills can put you<br />
ahead of the competition<br />
leveraging<br />
your traditional<br />
communication<br />
skills...<br />
A really<br />
effective<br />
communicator<br />
will have<br />
control of their<br />
non-verbal<br />
messages as<br />
well as their<br />
confidence<br />
Successful 21st century business<br />
require 21st century techniques to<br />
survive and something extra to be<br />
really successful. To stand out from<br />
the crowd we must do something<br />
different.<br />
To paraphrase Albert Einstein, “We<br />
can’t solve problems by using the<br />
same kind of thinking we used when<br />
we created them.”<br />
Today’s challenges for<br />
business include:<br />
• The growth of internet business<br />
and social media, which has<br />
transformed the business arena. A<br />
tiny start-up business can have the<br />
same impact as a large established<br />
company<br />
• Product life cycles are everdecreasing<br />
and low-cost imports are<br />
eroding margins<br />
• Our access to and receipt of a<br />
massive amount of information<br />
creates fatigue and reduces our<br />
effectiveness<br />
So where is the light at the end of<br />
the tunnel? It is a low-cost solution -<br />
the human touch!<br />
Our traditional human skills<br />
of presentation and personal<br />
communication are now more<br />
important than ever at all levels of<br />
business. Good communication skills<br />
move audiences, voters, and can<br />
certainly gain clients.<br />
Well-developed communication skills<br />
can generate extraordinary profits.<br />
Confidence in meeting and<br />
interacting with people can be as<br />
important as boardroom negotiation<br />
skills. When dealing directly with<br />
clients, empathic and effective<br />
communication will lead to increased<br />
sales conversion. People buy people<br />
– not products.<br />
In my experience, lack of confidence<br />
is usually an acquired skill. It can<br />
be easily un-learned and people’s<br />
natural confidence restored.<br />
Frequently quoted are surveys that<br />
report more people fear public<br />
speaking than death. As a selffulfilling<br />
prophecy this may be true,<br />
yet the route to confident speaking<br />
can be remarkably simple.<br />
Most conventional speaking training<br />
focuses on beating fears into<br />
submission by practice, practice,<br />
practice. If a large part of our<br />
communication is non-verbal, fear<br />
will influence how we are understood.<br />
Confidence and enthusiasm are<br />
contagious, as are nervousness and<br />
uncertainty.<br />
A really effective communicator will<br />
have control of their non-verbal<br />
messages as well as their confidence.<br />
Do your confidence levels affect the<br />
impact you make? How could you<br />
change that – and let your passion<br />
and beliefs shine through to reach<br />
your audience effectively, whether<br />
that’s one person or a thousand?<br />
If you choose, you can raise the bar<br />
of personal excellence by learning<br />
more confident communication.<br />
It’s the way to achieve increased<br />
profitability and business, as well<br />
as personal, growth – your unique<br />
human touch.<br />
Jim Doyle<br />
For more information visit www.speakingconfidence.co.uk<br />
issue 1 | page 01 23
<strong>IQ</strong> showcase<br />
ADVERTISE HERE<br />
FROM £91.50 + VAT<br />
issue 1 | page 01
<strong>IQ</strong> showcase<br />
PENSIONS REFORM SET TO<br />
HAVE MAJOR IMPACT<br />
Chris King of St James’s Place Wealth<br />
Management keeps us updated on the<br />
pending pensions reform<br />
New rules designed to resolve the UK’s pensions savings<br />
crisis are set to have a major impact on employers and<br />
employees alike when wide-reaching reforms take<br />
effect later this year.<br />
With increased life expectancy, many people will face<br />
the possibility of funding a retirement that could last<br />
twenty or more years; therefore, to make it easier for<br />
them to start saving as well as discouraging them from<br />
relying solely on the State pension, the Government<br />
is getting employers to enroll their workers into a<br />
workplace pension as a matter of course.<br />
This automatic enrolment will allow people to decide<br />
whether to stay in or opt out of a workplace pension.<br />
Starting with the largest employers this will begin in<br />
October, and workers will automatically join and pay<br />
into their employer’s staff pension schemes; these could<br />
be new or existing schemes, to which the employer and<br />
the Government will contribute by way of tax relief on<br />
personal contributions, unless employees specifically<br />
opt out. Smaller employers and newly formed<br />
businesses will have until 2016/17 to comply.<br />
It is all designed to reinvigorate pension saving in the<br />
UK, create a simpler system to help people make better<br />
informed decisions about how much they need to save<br />
privately, and to make it easier to plan for retirement.<br />
Minister for Pensions Steve Webb has described the<br />
new reforms as “the start of a much-needed seismic<br />
shift in pension saving in this country” (Source:<br />
Department of Work & Pensions press release, 1st<br />
February, 2012).<br />
A fundamental principle is that the jobholder must be<br />
enrolled and will then be able to opt out. The success<br />
of the proposals will be largely due to apathy – where<br />
jobholders don’t get round to opting out. Employers<br />
will be banned from incentivising opt-outs.<br />
Another option open to employers is the National<br />
Employment Savings Trust, or NEST, a centralised<br />
pension scheme being run by a Government agency<br />
(NEST Corporation) to ensure that employers,<br />
including those employing low to medium earners, can<br />
access pension saving and comply with their automatic<br />
enrolment duties.<br />
Pensions can seem a confusing subject, full of<br />
financial jargon and complicated rules, and the new<br />
reforms provide much food for thought. Certainly for<br />
employers, a proper strategy will be essential and most<br />
large scheme advisers consider that planning should<br />
already have started. The project will require an<br />
accountable manager and team.<br />
Employers should also be mindful of the requirements<br />
and restrictions of the Financial Services Act. They<br />
may invite an adviser to present to staff, and there is<br />
no problem in giving staff information that includes<br />
no recommendation or advice. In addition, there is<br />
no problem in recommending that employees join a<br />
scheme to which the employer contributes.<br />
Chris king<br />
To receive a complimentary guide to pensions, contact Chris King, Associate<br />
Partner of St. James’s Place Wealth Management via www.chriskingwm.co.uk.<br />
issue 1 | page 01 25
<strong>IQ</strong> showcase<br />
THE BUDGET 2012 :<br />
AN ENTERPRISE BOOST<br />
FOR THE REGION<br />
James Pinchbeck, Marketing Partner of Streets Chartered<br />
Accountants, gives his thoughts on the Chancellor’s Budget and how<br />
this may be a welcome boost to our innovative county<br />
There was much more to the Budget 2012 than was<br />
leaked during the run up to the Chancellor’s delivery.<br />
In fact, the torrent of announcements seemed more like<br />
a burst pipe than a leak; some of these ideas are more<br />
palatable than others, depending on who you are and the<br />
tax rates that apply to you.<br />
Overall, the announcements made would appear, at first<br />
sight, to be good for Cambridge and the East of England.<br />
Whilst the region as a whole may have fared better than<br />
some of its counterparts over recent years, any initiatives<br />
which help to underpin prosperity must be good news.<br />
The key upsides for the locality would appear to be<br />
around those announcements that support the area’s<br />
interest in life sciences, technology and innovation, as<br />
well as those businesses with export sales.<br />
One of the highlights must be the proposed reduction<br />
in the rate of Corporation Tax from the current 26% to<br />
24%. This move must be welcome for those businesses<br />
seeking to make further investment or looking to expand<br />
or recruit, or simply seeking a sense of reward for their<br />
enterprise.<br />
With many local enterprises, new starts and hive outs<br />
often dependent on external funding, then the expansion<br />
of the Enterprise Finance Guarantee Scheme and the<br />
Finance Partnership can only be good news for our<br />
seed corn enterprises and embryonic ventures. For our<br />
budding young entrepreneurs, it will be interesting to<br />
learn more about the student equivalents of enterprise<br />
loans.<br />
For a city not short of new ideas and innovative new<br />
products, the proposed tax cuts on patents must help to<br />
stimulate creative ideas; hopefully, more of these ideas<br />
will become viable commercial opportunities in future.<br />
Supporting this too, are the proposed tax incentives for<br />
investing in University research facilities, and Research<br />
and Development Tax Credits.<br />
For the wider community, it will be interesting to see the<br />
detail on, and the impact of, the proposed Get Britain<br />
Building Fund, which, along with the mortgage support<br />
initiative the ‘Right to Buy’ scheme, aims to stimulate the<br />
construction industry and the housing market.<br />
Finally, the unprecedented increase in the personal<br />
allowance tax threshold, the point at which people<br />
earning start to pay tax, must be welcome to all those<br />
experiencing increased pressure on their household<br />
budgets from the cost of living. Equally welcome too, for<br />
those with children, must be the proposed changes to the<br />
starting point at which child benefit will be reduced - that<br />
is £50,000 of earnings - and ultimately, the ceiling of<br />
£60,000 at which it will be lost. No doubt the highest<br />
rate of tax payers, those currently earning over £150,000<br />
and subject to the current 50% tax rate, will welcome<br />
the proposed reduction to 45% in April 2013. However,<br />
many higher rate tax payers will find that the tax reliefs<br />
that they can claim will be capped in future years.<br />
It is still early days to be able to comprehend how<br />
this Budget is likely to fully impact on businesses and<br />
individuals. I am sure though, that many accountants<br />
will be whiling away the hours looking at the impact that<br />
the Budget has in store for their clients, and how best to<br />
help them take advantage of the changes, or mitigate the<br />
tax burden. No doubt the game is afoot.<br />
JAMES PINCHBECK<br />
For more information visit www.streetsweb.co.uk<br />
issue 1 | page 26 01
<strong>IQ</strong> showcase<br />
investigating the current<br />
tax landscape...<br />
Chris Coombs and Bryony Baines, of websters, advise on the light relief available<br />
especially for investors<br />
Businesses like to have certainty when<br />
it comes to tax to enable them to<br />
plan more effectively, and the Budget<br />
presents an opportunity to examine the<br />
current tax landscape.<br />
The Small Companies Corporation<br />
Tax rate has been steady at 20% since<br />
1 April 2011. However, the Main Rate<br />
(which becomes relevant for companies<br />
with profits in excess of £300,000) will<br />
reduce much faster than expected. It is<br />
currently 26% and will be 24% from<br />
1 April 2012, then 23% and 22% in<br />
subsequent years. websters’ view is that<br />
the aim is to merge the small and main<br />
rates, and in general to make the UK<br />
much more attractive to companies<br />
looking to invest.<br />
Investors who provide funding to small<br />
start-up companies already benefit from<br />
some generous Enterprise Investment<br />
Scheme tax reliefs, including relief<br />
against income tax of 30% of the<br />
Chris Coombs and Bryony Baines<br />
Contact websters at www.tax.uk.com.<br />
amount they invest and tax-free capital<br />
gains. The new Seed EIS scheme is<br />
aimed at particularly entrepreneurial<br />
investments, but the level of income tax<br />
relief is a remarkable 50%. There are<br />
a number of specific requirements for<br />
both schemes, so you should always seek<br />
professional advice before considering<br />
such an investment.<br />
The Annual Investment Allowance<br />
is designed as another incentive to<br />
invest, allowing an immediate 100%<br />
tax deduction of the cost of any new<br />
machinery - including vans. However,<br />
from April 2012, the maximum level<br />
of investment for which the Annual<br />
Investment Allowance can be claimed<br />
reduces from £100,000 to £25,000.<br />
From April 2012, purchases above this<br />
level will only be eligible for standard<br />
capital allowances at a rate of 18% per<br />
year.<br />
It has been widely reported that the<br />
issue 1 | page 01 27<br />
personal allowance will rise to £9,205<br />
from 2013/14; however there is a<br />
further detail that has generally gone<br />
unnoticed, which is that the higher-rate<br />
threshold has been gradually reducing,<br />
and, from 2013/14, this will be £41,450.<br />
People who pay themselves dividends<br />
from their own companies will find<br />
amounts of dividends subject to higherrate<br />
tax increasing significantly in real<br />
terms, and those with salaries above this<br />
level will also suffer.<br />
In last year’s Budget, the availability of<br />
Research & Development tax credits<br />
was extended to virtually all types<br />
of businesses, with further reliefs for<br />
the video games and TV production<br />
sectors being announced in the more<br />
recent Budget. Businesses of all sizes<br />
involved in Research & Development<br />
are well advised to see whether they are<br />
eligible for these wide-ranging<br />
reliefs.
<strong>IQ</strong> showcase<br />
Flourishing<br />
in their 30s<br />
<strong>IQ</strong> magazine looks at inspirational entrepreneurs<br />
in the region, who, by the time they reached 30, have achieved significant,<br />
recognised success in business. We discuss the highs and lows involved,<br />
and investigate the factors that have driven their business forward<br />
issue 1 | page 28 01
<strong>IQ</strong> showcase<br />
Business Owners in Their 30s<br />
What first led you to launch<br />
your own wealth management<br />
company?<br />
After working at a national bank as a<br />
financial adviser for many years and<br />
developing a client-focused service<br />
which they no longer wanted to provide,<br />
I decided to set Abbeygate Wealth<br />
Management up in order to not only<br />
continue to provide the high level of<br />
advice and service that they were used<br />
to, but also to offer this tailor-made<br />
service to anyone who required it.<br />
What obstacles did you have to<br />
overcome when first setting up<br />
Abbeygate Wealth Management?<br />
There wasn’t any one obstacle that was<br />
a problem when setting up Abbeygate.<br />
I guess the hardest part of setting up<br />
any business is always the same, and<br />
that is getting clients and the general<br />
public to notice you and use the services<br />
that you’re offering, so marketing was<br />
probably the area we focused most on<br />
getting right.<br />
As a specialist service focussed<br />
on client importance, how did<br />
you decide whom to employ when<br />
creating your team?<br />
Every member of staff has to be very<br />
personable and understanding with<br />
clients. Being able to communicate with<br />
clients in a clear and straightforward<br />
manner is essential to making the areas<br />
we deal with as simple as possible so that<br />
all our clients fully understand the advice<br />
being given.<br />
We focus heavily on giving advice and<br />
an ongoing tailor-made service, steering<br />
away from the old-fashioned 1990s hard<br />
sell image that most people associate<br />
with financial services. Therefore, all of<br />
our advisers and our support team have<br />
to have the skills necessary to focus on<br />
client service as a priority.<br />
What has been your biggest<br />
accomplishment to date?<br />
This would probably be growing to<br />
the size where we needed to open a<br />
second office in the centre of Bury St<br />
Edmunds to give us the boardroom<br />
and office space we needed to house<br />
the various administrative support staff<br />
for our growing team… and the Elite<br />
Concierge Package that we launched 2<br />
years ago.<br />
Has your business model changed<br />
since first launching in 2007?<br />
The way we do business and the focus<br />
on client service has always remained<br />
our priority, and that will never change,<br />
but the launch of the Elite Concierge<br />
Service required us to increase our back<br />
office support to allow us to maintain<br />
our high levels of service and advice.<br />
How do you monitor the success<br />
of your business?<br />
We hold various events throughout the<br />
year, in particular the Christmas party,<br />
which is exclusively for clients and<br />
their guests. Every year this has grown<br />
considerably in size, which is a great way<br />
of seeing the continued success of the<br />
business and has become an event that<br />
clients really look forward to and enjoy.<br />
As well as that, the number of new<br />
clients that we have walking through<br />
the door has increased, the majority<br />
of whom come from existing clients’<br />
recommendations.<br />
Where do you see Abbeygate<br />
Wealth Management in five and<br />
ten years’ time?<br />
We hope to open an office in the<br />
Norwich area by the end of this year to<br />
support our Norfolk based team, and<br />
to compliment the Bury st Edmunds,<br />
Sudbury and London based offices.<br />
Going forward 5 -10 years, I would love<br />
to see this growth continue, with our<br />
high standards remaining firmly intact.<br />
Do you have any advice that you<br />
would give specifically to those<br />
wanting to enter into wealth<br />
management?<br />
Always focus on client service and not<br />
sales; wealth management is about<br />
giving clear, honest and accurate advice,<br />
even if that means that there is no new<br />
business for the adviser to conduct.<br />
issue 1 | page 29 01
<strong>IQ</strong> showcase<br />
Business Owners in Their 30s<br />
You have grown up around<br />
your father’s business. Has it<br />
always been your dream to join<br />
the management team of The<br />
Highfield Event Group?<br />
Oh yes, but my father would not allow<br />
me to join the family business straight<br />
from school. He explained that I should<br />
learn the disciplines of business from<br />
someone else other than my Dad!<br />
I went to work for the Thoroughbred<br />
Breeders’ Association after studying<br />
at College. I worked hard, and was<br />
greatly influenced by Gavin Pritchard-<br />
Gordon, a former racehorse trainer.<br />
As Managing Director, what do<br />
you feel has been your strongest<br />
influence on the business?<br />
A fresh enthusiasm with new ideas. My<br />
father had done so incredibly well from<br />
humble beginnings to get the business<br />
to what it was when I took over the<br />
helm from him a couple of years ago.<br />
Social media and networking are<br />
so very important in the world of<br />
business today, but when my father<br />
first started, he didn’t have a fax, let<br />
alone a mobile telephone or email! I<br />
respect how technology has improved<br />
over one generation, and am amazed<br />
how, back then, websites had not even<br />
been thought of, and social networking<br />
was an unknown phase.<br />
Was there anything you wanted<br />
to change about the business<br />
model when you joined the<br />
management team?<br />
In a nutshell, I wanted the business<br />
to be bigger and better! We have a<br />
brilliant team whom I knew were<br />
capable of so much more.<br />
They have all responded to the<br />
challenges I set over the last few years.<br />
I wanted us to expand into whole event<br />
management as well as increase the<br />
number of events, including weddings<br />
and parties, which we organise during<br />
our out of season months in the<br />
winter time. In the last two years we<br />
have achieved and surpassed these<br />
objectives. We are now an all year<br />
round multi operation rather than a<br />
summer only business.<br />
How are you ensuring that the<br />
business continues to grow in the<br />
difficult economic climate?<br />
With good management, good staff<br />
communication and a great team,<br />
we have continued to ensure the<br />
very best experience for our clients.<br />
I have continued the family belief<br />
that recommendation is still the best<br />
form of advertising, and we are proud<br />
that repeat work accounts for a large<br />
proportion of what we do. We have<br />
for many years worked with great<br />
suppliers, and this now enables us to<br />
offer the very best in price and service.<br />
We have tightened up on everything<br />
we do, keeping wastage to the absolute<br />
minimum, whilst never risking the level<br />
of our service we provide.<br />
You are heavily involved with the<br />
marketing of The Highfield Event<br />
Group. How has the marketing<br />
strategy changed since the<br />
business started?<br />
My father has always been very<br />
dubious about marketing.<br />
Dad still feels that a good customer<br />
relationship, hard work and dedication<br />
will bring forth recommendations,<br />
which is the basis of a successful<br />
business. Whilst I totally agree with<br />
him on that, I also understand and<br />
appreciate how it is also very much<br />
about getting our brand noticed and<br />
‘out there’. I like our company to<br />
have a presence at as many events as<br />
possible, to showcase our services. We<br />
now have a fantastic website, thanks<br />
to Cubiqdesign, which has made a<br />
huge difference to our enquiries. We<br />
are delighted that clients are now able<br />
to view our website and see up to date<br />
information and ideas for inspiration.<br />
What do you feel is your biggest<br />
accomplishment to date?<br />
The biggest without doubt, I feel, is<br />
to be running a successful business<br />
through what has been and still is, a<br />
tough and testing economic climate<br />
for many businesses alike. It remains<br />
a daily challenge, but it is also very<br />
rewarding for me to watch the business<br />
continuing to grow as it does.<br />
issue 1 | page 01 30
<strong>IQ</strong> showcase<br />
Business Owners in Their 30s<br />
Why did you decide to focus your<br />
business on the trade industry<br />
rather than commercial?<br />
We began with a furniture retail<br />
store, but saw a gap in the market<br />
for rattan garden furniture which<br />
was expensive to buy in the shops. By<br />
importing large quantities, we were<br />
able to drive the price down so that<br />
the product could become affordable<br />
to the masses. Supplying the trade<br />
allowed us to move larger quantities<br />
during the short season that we have<br />
to work with.<br />
What first sparked your interest<br />
in rattan garden furniture?<br />
We began with a trade stand at The<br />
Suffolk Show, selling just three models<br />
of rattan furniture. The interest in<br />
our product was incredible, so we<br />
knew we had something great to<br />
work with.<br />
How and why did you launch<br />
your business in Europe?<br />
We have been supplying more and<br />
more customers in Europe over the<br />
past couple of years, and this year<br />
have sent containers direct to Ireland,<br />
France, Portugal and Spain.<br />
Due to the short summer season in the<br />
UK and our unpredictable weather,<br />
we want to extend our season and<br />
even out our busy period. So Europe,<br />
where the climate is better suited to<br />
the product, is an obvious choice for<br />
us. We’re attending a trade show in<br />
Germany in September and hope<br />
this will act as a good platform to<br />
grow the European side of things.<br />
Was it always an ambition to take<br />
Maze Rattan international?<br />
Yes, we have big and ambitious plans<br />
for the growth of Maze Rattan, and<br />
will try our best to achieve what we<br />
can.<br />
What has been your biggest<br />
accomplishment to date?<br />
We have secured two major retailers,<br />
Next and Furniture Village, which<br />
has been a real achievement. Working<br />
with these large companies helps us<br />
to keep on improving and growing.<br />
How do you monitor the success<br />
of your business?<br />
We have monthly management<br />
accounts so that we can keep a close<br />
eye on our incomings and outgoings,<br />
with monthly targets for the sales staff<br />
to keep everyone motivated.<br />
Where do you see Maze Rattan<br />
in five and ten years’ time?<br />
We would hope to have a strong<br />
European presence in five years’<br />
time, with warehouse depots in<br />
various countries. We also hope to<br />
be able to build the direct container<br />
side of our business as well, in order<br />
to be able to increase the numbers of<br />
containers we import. In ten years’<br />
time we might be selling the next new<br />
thing to replace rattan!<br />
What are the key differences<br />
you feel the furniture trade<br />
faces compared to any other<br />
industry?<br />
The furniture trade has been very<br />
up and down over the past few years<br />
like everything else, but garden in<br />
particular is largely seen as a luxury<br />
purchase rather than a necessity, so has<br />
done well considering the recession.<br />
The weather, public holidays and<br />
events play a major part in shaping<br />
the timing and length of our season,<br />
with events like the Royal Wedding<br />
and the Olympics determining when<br />
the public shop for garden furniture.<br />
Our industry is so reliant on the<br />
weather, which we have no control<br />
over, meaning it can be so frustrating<br />
and difficult to plan for the future.<br />
What advice would you give<br />
young business owners who are<br />
thinking of starting their own<br />
business?<br />
Go for it, but be prepared to give up<br />
your life whilst you build it; if you<br />
can’t give the business 100% in the<br />
early days, then you just might not<br />
make it.<br />
It’s tough out there and really hard<br />
work, but so rewarding when it all<br />
pays off. There’s no better feeling than<br />
looking back on your achievements.<br />
issue 1 | page 01 31
<strong>IQ</strong> showcase<br />
Business Owners in Their 30s<br />
When and why did you first<br />
decide to start Liberté Fitness?<br />
The idea of Liberté Fitness was born<br />
following a holiday to Australia in<br />
2008, where I saw people exercising<br />
on Bondi Beach. I realised we just<br />
didn’t get outside enough back in the<br />
UK, and I wanted to get people back<br />
home out of the gym.<br />
Being a young business owner,<br />
what opposition, if any, did you<br />
face when first working on your<br />
idea?<br />
I didn’t receive much opposition<br />
from external influences. Most of the<br />
initial start up struggle was based on<br />
resources and budgets. Thankfully,<br />
we have really great relationships<br />
with the Councils, who allow us to<br />
use their parks for a fee. They have<br />
always been very supportive and,<br />
without their help, we wouldn’t have<br />
been able to get to this stage.<br />
Is there anything you would<br />
have done differently?<br />
I wouldn’t have wasted time<br />
exploring a pay as you go model.<br />
People who really want to see results<br />
in their fitness need the motivation<br />
of a regular monthly payment<br />
commitment. I was trying to think<br />
outside the box, but it was just too<br />
easy for people to bail out if they’d<br />
had a bad day at work. Now, with<br />
90% of the members on direct<br />
debit, they are focussed on attending<br />
all their sessions and are far more<br />
committed.<br />
What is your biggest<br />
accomplishment to date?<br />
Launching Liberté Fitness whilst<br />
holding down a demanding, full time,<br />
investment banking job in London,<br />
and investing everything I earned for<br />
two years in the business.<br />
How do you wish to see Liberté<br />
Fitness grow in the immediate<br />
future?<br />
We have 120 members, with projected<br />
forecasts for 600 by the end of 2012.<br />
I foresee there being no town or city<br />
in our region where Liberté Fitness<br />
isn’t based.<br />
The aim is to take East Anglia<br />
by storm, regardless of how<br />
many competitors set up generic<br />
‘bootcamps’. There’s nobody doing<br />
anything similar to us in the parks<br />
and on the beaches.<br />
The brand was developed to become<br />
regional and national, and it is really<br />
beginning to gain some depth, with<br />
members aligning themselves to<br />
everything it stands for and buying<br />
into the concept of a healthier, fitter<br />
and more fun lifestyle.<br />
We’ll be developing the ‘Ever Done it<br />
Outside?’ clothing range, launching<br />
beach fitness weekends along the UK<br />
coast line and launching more park<br />
locations. We’ll also be focusing on<br />
nutritional packages that members<br />
can bolt onto their monthly park<br />
membership, as we believe both<br />
fitness and nutrition are intrinsically<br />
linked.<br />
What advice would you give to<br />
other young entrepreneurs who<br />
are thinking of starting their<br />
own businesses?<br />
Don’t for one moment think it will be<br />
easy. The start up stage is unbelievably<br />
exciting when you see your dreams<br />
become reality, and you’re making<br />
key branding decisions that you’ll<br />
live by for the next 10 years. After<br />
the initial euphoria of launching the<br />
business, the real hard work begins.<br />
Whatever the size of your business,<br />
it will face growing pains which<br />
take you, as the business owner, on<br />
unbelievable highs and depressing<br />
lows. You’ll be challenged daily, with<br />
continuous problems to solve, and<br />
it’s by no means easier than being<br />
employed. Be prepared to sacrifice a<br />
minimum of 5 years before you even<br />
begin to see any really big gains. If<br />
you start off realistically and pace<br />
yourself, you won’t burn out when<br />
your business makes big demands<br />
on you. Despite this, it is by far, the<br />
most exciting thing you will ever do<br />
in your life.<br />
issue 1 | page 32 01
<strong>IQ</strong> showcase<br />
Business Owners in Their 30s<br />
As a young business owner,<br />
what opposition do you face<br />
when pitching against more<br />
established design agencies?<br />
I think being young (ish) can be a<br />
benefit in some situations and a<br />
hindrance in others, and as people<br />
say age is just a number. I believe<br />
it’s how you portray yourself. In the<br />
creative industry clients are looking for<br />
driven, excitable people who can push<br />
their brand forward, so a tweed jacket<br />
wouldn’t get me a long way.<br />
In pitches we are normally backed<br />
up with a thorough presentation that<br />
maps out our thought process and<br />
ideas - this normally sells itself and<br />
shows our ability to work with the<br />
clients’ brand.<br />
How do you ensure Cubiqdesign’s<br />
identity stays intact when<br />
employing new designers?<br />
Every designer who joins Cubiq is<br />
surrounded by our extremely talented<br />
team and we work hard to make each<br />
designer fit the Cubiq mould, to a<br />
certain degree. We don’t have a house<br />
style as this limits your client base and<br />
is quite a narrow minded view when<br />
it comes to design. Our biggest asset<br />
is being able to grab any brand and<br />
instantly recognise its identity whilst<br />
stripping away what’s not needed<br />
and improving what is. I like to think<br />
you can always recognise our work<br />
as in my view there are a lot of ‘safe<br />
agencies’.<br />
What would you consider the<br />
company’s biggest achievement<br />
to date?<br />
Last month we celebrated the<br />
announcement of Cubiqdesign<br />
making The Drum’s Top 100 design<br />
agency list. The Drum is a creative<br />
trade publication and the Top 100 list<br />
is described as being a definitive guide<br />
to the best agencies in the UK. This<br />
has been my aim for quite a few years<br />
and really pleased we finally made it.<br />
How would you set Cubiqdesign<br />
apart from other design<br />
agencies?<br />
Our strong and established reputation<br />
speaks volumes, and is something that<br />
does not happen overnight or with<br />
ease. The fact we have around 400<br />
active clients shouts volumes about<br />
our reputation.<br />
We are focused on providing highly<br />
creative work for our clients that gets<br />
results. Our clients know we are honest<br />
and down to earth, not just a bunch of<br />
big words with nothing to back it up.<br />
600, 000<br />
We are a multi-disciplined team<br />
and have designers, developers,<br />
copywriters, photographers and PR<br />
expertise. Each designer has a niche<br />
of interest from equestrian, retail,<br />
licensing and the B2B market. This<br />
helps allocate the client to a designer<br />
who has an interest and understanding<br />
of the sector.<br />
How do you envisage the<br />
company over the next five<br />
years?<br />
Organic growth is the key to success, its<br />
safe (ish) and built on firm foundations.<br />
The past ten years have been about<br />
re-investing, and the next two will be<br />
about consolidation of that growth in<br />
terms of employing new staff. I feel<br />
that right now we have the best team<br />
we ever have had of people who all<br />
believe in our brand.<br />
By the end of 2013 I would hope we<br />
could achieve a turnover of around<br />
£1 million and a top 50 position in the<br />
UK for our agency. Five years from<br />
now, I would like to say that I envisage<br />
myself not working six or seven days a<br />
week, and maybe having a life outside<br />
our office.<br />
What advice would you give to<br />
young entrepreneurs who are<br />
thinking of starting their own<br />
business?<br />
Unless you are extremely lucky or<br />
have the idea of the century, it all<br />
comes down to pure hard work and<br />
commitment. Take advice but don’t<br />
always listen to it, make your own<br />
mind up and consider your gut instinct<br />
a powerful ally.<br />
issue 1 | page 33 01
<strong>IQ</strong> showcase<br />
BUSINESS DIARY<br />
The Very Early Lunch<br />
Club : Bury St Edmunds<br />
Hosting monthly business<br />
events on the fourth Friday of<br />
every month that are designed<br />
to be a fun and informal way<br />
to meet like-minded business<br />
people and potential clients.<br />
Date: 27th April<br />
Time: 7:30 – 9:30<br />
Venue: Nowton Court, Bury St<br />
Edmunds<br />
Organiser: VELC<br />
Booking details: www.velc.<br />
co.uk<br />
Best of Bury St<br />
Edmunds Coffee<br />
Mornings<br />
Join like-minded business<br />
people at this business coffee<br />
morning, held fortnightly.<br />
Date: 1st May<br />
Time: 10:00 – 12:00<br />
Venue: Benson Blakes, Bury St<br />
Edmunds<br />
Organiser: The Best of Bury St<br />
Edmunds<br />
Booking details: No booking<br />
required<br />
Informal Networking<br />
Evening<br />
An opportunity to raise your<br />
business profile and meet likeminded<br />
business people.<br />
Date: 3rd May<br />
Time: 17:00 – 19:00<br />
Venue: Holiday Inn, Impington,<br />
Cambridge<br />
Organiser: Cambridgeshire<br />
Chamber of Commerce<br />
Booking details: No booking<br />
required<br />
How To Grown Your<br />
Business With Email<br />
Marketing<br />
This session will cover the<br />
do’s and don’ts of email<br />
marketing and some of the<br />
more advanced features of the<br />
medium.<br />
Date: 3rd May<br />
Time: 17:00 – 19:00<br />
Venue: Suffolk Chamber<br />
Boardroom, Ipswich<br />
Organiser: Suffolk Chamber of<br />
Commerce<br />
Booking details: Booking<br />
required at www.suffolkchamber.<br />
co.uk<br />
The Very Early Lunch<br />
Club: Cambridge<br />
Hosting monthly business<br />
events on the first Friday of<br />
every month that are designed<br />
to be a relaxed and informal<br />
way to meet like-minded<br />
business people and potential<br />
clients.<br />
Date: 4th May<br />
Time: 7:20 – 9:30<br />
Venue: Anglesey Abbey, Lode<br />
Organiser: VELC<br />
Booking details: www.velc.<br />
co.uk<br />
Negotiate & Influence<br />
for Business Success<br />
This master class will enable<br />
you to use your influencing<br />
skills to negotiate more of<br />
what is important to you, and<br />
will supercharge your ability to<br />
get what you want.<br />
Date: 10th May<br />
Time: 9:30 – 16:30<br />
Venue: Menta, 5 Eastern Way,<br />
Bury St Edmunds<br />
Organiser: MENTA<br />
Booking details: www.menta.<br />
org.uk<br />
Safari Networking<br />
Breakfast<br />
One of the most popular<br />
networking events, safaris are<br />
great for anyone involved in<br />
sales, business development or<br />
the promotion of a company.<br />
Date: 11th May<br />
Time: 7:45 – 10:00<br />
Venue: The Moller Centre,<br />
Storey’s Way, Cambridge<br />
Organiser: Cambridgeshire<br />
Chamber of Commerce<br />
Booking details: www.<br />
cambridgeshirechamber.co.uk<br />
Marketing for Small<br />
Businesses<br />
Planning your marketing is an<br />
essential step for success. This<br />
workshop helps you turn your<br />
bright idea into a product/<br />
service package that your<br />
customers can’t resist.<br />
Date: 17th May<br />
Time: 9:30 – 16:30<br />
Venue: Menta, 5 Eastern Way,<br />
Bury St Edmunds<br />
Organiser: MENTA<br />
Booking details: www.menta.<br />
org.uk<br />
Search Engine<br />
Optimisation<br />
This course is an in-depth look<br />
at all aspects of SEO and the<br />
key areas you need to address<br />
to build you rankings on major<br />
search engines.<br />
Date: 18th May<br />
Time: 9:30 – 16:00<br />
Venue: Basepoint Business Centre,<br />
Ransomes Europark, Ipswich<br />
Organiser: MENTA<br />
Booking details: www.menta.<br />
org.uk<br />
Can't Sell, Won't Sell<br />
Whatever business you are in,<br />
you are selling something. Do<br />
issue 1 | page 34 01
<strong>IQ</strong> showcase<br />
you feel confident enough in<br />
your product and how to sell<br />
it? This workshop is for those<br />
who have little or no sales<br />
training or need to refresh.<br />
Date: 24th May<br />
Time: 9:30 – 16:00<br />
Venue: Menta, 5 Eastern Way,<br />
Bury St Edmunds<br />
Organiser: MENTA<br />
Booking details: www.menta.<br />
org.uk<br />
NDCC Business<br />
Awa r d s<br />
See which businesses are<br />
championed as one of the best<br />
local ventures at the NDCC’s<br />
annual awards.<br />
Date: 25th May<br />
Time: From 19:00<br />
Venue: The Jockey Club Rooms,<br />
Newmarket<br />
Organiser: NDCC<br />
Booking details: www.<br />
newmarketbusinessassociation.co.uk.<br />
Book Keeping &<br />
Financial Control for<br />
Small Businesses<br />
This workshop will explain<br />
how to structure and use<br />
financial records, develop a<br />
monitoring system and be<br />
aware of actions you need to<br />
take.<br />
Date: 29th May<br />
Time: 9:30 – 16:30<br />
Venue: Kesgrave Community<br />
& Conference Centre, Kesgrave,<br />
Ipswich<br />
Organiser: MENTA<br />
Booking details: www.menta.<br />
org.uk<br />
Coffee Means<br />
Business<br />
Morning networking meeting<br />
to introduce like minded<br />
business people.<br />
Date: 29th May<br />
Time: 9:30 – 11:30<br />
Venue: Kesgrave Community<br />
& Conference Centre, Kesgrave,<br />
Ipswich<br />
Organiser: MENTA<br />
Booking details: www.menta.<br />
org.uk<br />
Chamber Golf Day<br />
Sponsored by Cambridge<br />
Golf and Conference Centre<br />
and John Letters, enjoy a great<br />
team building and networking<br />
event with fantastic prizes<br />
throughout.<br />
Date: 31st May<br />
Time: Tee off from 9:00<br />
Venue: Bourn Golf & Leisure<br />
Club, Cambridge<br />
Organiser: Cambridgeshire<br />
Chamber of Commerce<br />
Booking details: www.<br />
cambridgeshire chamber.co.uk<br />
Celebration of<br />
Business<br />
An exhibition organised in<br />
partnership with the Ely<br />
Cathedral Business Group to<br />
help kickstart local businesses<br />
in Cambridgeshire.<br />
Date: 31st May<br />
Time: 14:00 – 18:00<br />
Venue: Ely Cathedral, Ely,<br />
Cambridgeshire<br />
Organiser: Cambridgeshire<br />
Chamber of Commerce<br />
Booking details: www.<br />
cambridgeshire chamber.co.uk<br />
How to Present like<br />
a Pro<br />
This master class will put you<br />
in a position to manage any<br />
audience effectively.<br />
Date: 15th June<br />
Time: 9:30 – 16:30<br />
Venue: Basepoint Business Centre,<br />
Ransomes Europark, Ipswich<br />
Organiser: MENTA<br />
Booking details: www.menta.<br />
org.uk<br />
Speed Networking<br />
Breakfast<br />
Promote your business to a<br />
room full of people, broaden<br />
your network of business<br />
contacts and pitch ideas to<br />
potential business partners.<br />
Date: 22nd June<br />
Time: 07:45 – 10:00<br />
Venue: Wood Green Animal<br />
Shelter, Godmanchester<br />
Organiser: Cambridgeshire<br />
Chambers of Commerce<br />
Booking details: www.<br />
cambridgeshire chamber.co.uk<br />
Social Media<br />
An introduction to social<br />
media for business.<br />
Date: 25th June<br />
Time: 9:30 – 16:00<br />
Venue: Kesgrave Community<br />
& Conference Centre, Kesgrave,<br />
Ipswich<br />
Organiser: MENTA<br />
Booking details: www.menta.<br />
org.uk<br />
Suffolk<br />
International Trade<br />
Group Meeting<br />
A meeting that focuses on<br />
UKTI’s export guarantee<br />
dept. With guest speaker<br />
Partick Crawford, CEO of<br />
UK Export Finance.<br />
Date: 28th June<br />
Time: 5pm-7pm<br />
Venue: Ipswich Novotel, Ipswich<br />
Organiser Suffolk Chamber of<br />
Commerce<br />
Booking details: www.<br />
suffolkchamber.co.uk<br />
Newmarket Festival:<br />
Festival Ball<br />
A much anticipated event<br />
with guest speaker Olympic<br />
Silver Medalist Steve Cram,<br />
MBE. The event starts with a<br />
champagne reception, followed<br />
by a 3 course dinner, charity<br />
auction and live music.<br />
Date: 7th July<br />
Time: 7pm - 1am<br />
Venue: Newmarket Racecourse<br />
Organiser: NDCC<br />
Booking details: www.<br />
newmarketbusinessassociation.co.uk<br />
issue 1 | page 35 01
<strong>IQ</strong> magazine offers businesses a platform to advertise their company to a<br />
variety of organisations throughout Cambridgeshire and Suffolk. <strong>IQ</strong> will<br />
be regulary read by key influencers and decision makers in the region’s<br />
business community. The publication will be delivered free of charge<br />
directly to over 2,000 company directors in Suffolk and Cambridgeshire.<br />
Two key messages will resinate throughtout <strong>IQ</strong> <strong>Magazine</strong> - The SME<br />
and locality. <strong>IQ</strong> <strong>Magazine</strong> is here for businesses to do business.
<strong>IQ</strong> showcase<br />
BENEFITING FROM<br />
BUSINESS EXHIBITIONS<br />
<strong>IQ</strong> takes a look at the benefits of exhibiting at one of<br />
the region’s most successful events, the Two Counties<br />
Business Exhibition<br />
Marking one of the most important<br />
local events in any business’s<br />
calendar, the Two Counties Business<br />
Exhibition returned once again to<br />
Newmarket’s prestigious Racecourse,<br />
signalling the end of the first quarter<br />
of 2012.<br />
With businesses of all sectors,<br />
expertise and stature sharing one<br />
central hub, visitors to the exhibition<br />
were encouraged to explore and<br />
interact with the variety of exhibitors,<br />
while enjoying the benefits of topicspecific<br />
seminars held throughout<br />
the day.<br />
Understanding the benefits of<br />
business exhibitions can be a<br />
somewhat difficult task when faced<br />
with the initial costs involved,<br />
manpower required and unasserted<br />
lead generation, yet, for most, the<br />
Two Counties Business Exhibition<br />
lived up to its reputation as one<br />
of the most popular events in the<br />
region.<br />
Travelling from Norwich for the<br />
event, St. James’s Place Partner Ian<br />
Farrant said, “Grabbing clients’<br />
attention can sometimes be hard,<br />
but it is important to not let people<br />
just walk past without speaking to<br />
them.”<br />
“Everyone has different techniques,<br />
but it’s vital you get the conversation<br />
flowing, otherwise it’s a waste of<br />
issue 1 | page 38 01
<strong>IQ</strong> showcase<br />
Ian Farrant<br />
time being here. We’ve attracted a<br />
few leads and even caught up with<br />
one or two existing clients.”<br />
Putting each and every business on<br />
an equal platform, the Two Counties<br />
Business Show encouraged a direct<br />
flow of traffic, ensuring that each<br />
exhibitor was able to interact with<br />
and engage with as many people<br />
as possible throughout the all day<br />
event.<br />
Offering a series of seminars<br />
throughout the day, including<br />
brand surgery techniques and speed<br />
networking, both attendees and<br />
exhibitors were able to benefit.<br />
Attending the event for the second<br />
year running, NWES Encouraging<br />
Enterprise Exhibitor John Clarke<br />
said, “It’s not only about those who<br />
have attended the event, the other<br />
exhibitors really count. Helping<br />
one another out can lead to even<br />
further business leads and personal<br />
recommendations which can mean<br />
a lot more in the world of customer<br />
service and business reliance.”<br />
“It’s about networking and getting in<br />
front of people. You could sit in the<br />
office and hope the phone rings but<br />
it’s not exactly the most practiced<br />
marketing plan.”<br />
“Meeting people in a situation<br />
like this enables you to pick up the<br />
phone later in the week to continue<br />
your conversation. You will have<br />
already broken the ice and aren’t<br />
then phoning as a stranger.”<br />
Of course, business events will<br />
not only benefit established SMEs<br />
and larger local businesses, in fact<br />
far from it. Providing the perfect<br />
platform for new business ventures,<br />
the Two Counties Business Show<br />
offers one-on-one interaction with<br />
a specific localised audience to all<br />
those in attendance.<br />
Enabling companies to broaden<br />
their marketing mix and providing a<br />
direct link with likeminded business<br />
owners, business exhibitions offer an<br />
established networking opportunity<br />
to new entrepreneurs and business<br />
minds on both a commercial and<br />
business-to-business level.<br />
Launched in 2011, Business Plan<br />
Services Cambridge (BPS) is one<br />
such business, who attended the<br />
Exhibition primarily to promote its<br />
John Clarke<br />
business brand as well as searching<br />
for new custom.<br />
BPS Exhibitor and former Business<br />
Link Adviser Roger Hetherington<br />
said, “Events like this are the perfect<br />
platform for new businesses to<br />
distribute literature and really start<br />
to build the brand recognition all<br />
companies strive for.”<br />
“As a new company, we’ve primarily<br />
Roger Hecherington<br />
attended to raise our profile, trying<br />
to build up a presence in the<br />
Cambridge area, yet we’ve benefited<br />
from the service considerably, and<br />
have already made a couple of<br />
leads.”<br />
Attracting a strong following from an<br />
expanding mix of local enterprises,<br />
it seems that business exhibitions<br />
like this will continue to play an<br />
important part in all local marketing<br />
plans no matter what size or sector<br />
your company may fall within.<br />
Benefiting all that attend, whether<br />
through direct lead generation or<br />
business interaction, it appears the<br />
value of face-to-face interaction will<br />
never be replaced.<br />
issue 1 | page 39 01
<strong>IQ</strong> showcase<br />
network to meet, connect and grow<br />
The nine commandments of networking...<br />
Networking expert Ian Clemson offers advice on how to achieve the best results,<br />
and ROI from your networking activities<br />
A business networking event.... or to give it an alternative description,<br />
connecting with people. You and I need to connect with the decision<br />
makers, person to person, and networking is not a ‘one off’ hit – it is about<br />
relationship building – like, know and trust.<br />
There are a myriad of networking events in and around the Cambridge,<br />
Newmarket and the Bury St Edmunds areas. These are a mix of yearly<br />
subscriptions, ‘pay as you go’ and some are free. Your first question to<br />
yourself is what do I want to achieve? Profile building, brain building (peer<br />
support) or referral building? Set yourself clear goals and ask yourself, and<br />
the networking groups, how strong they are in each of these areas. Whichever<br />
networking group you choose, ensure that it works for you.<br />
Many people ask me how to start a conversation. The easiest way is to<br />
look for someone on their own or to join an open group, and ask if they<br />
would mind if you joined them. Of course, once you are in a conversation<br />
and you feel it’s time to move on, there are two easy ways to do so. Ideally,<br />
you can introduce the person you are talking with to someone else, or if<br />
you are in a group, close the conversation just as you would close any other<br />
conversation.<br />
issue 1 | page 40 01
<strong>IQ</strong> showcase<br />
network to meet, connect and grow<br />
The nine commandments of networking...<br />
1<br />
Volunteer and get<br />
involved in running<br />
and participating the<br />
event. It raises your<br />
profile – and it does<br />
get noticed! Be<br />
consistent.<br />
2<br />
Book it as you would a sales or<br />
prospects meeting. Turn up on<br />
time, or even better, be early. Leave<br />
yourself time after the event too<br />
– that’s when you can talk to the<br />
contacts you have made.<br />
Take your diary!<br />
3<br />
Listen more<br />
and talk less,<br />
so that you get<br />
to know the<br />
person.<br />
4<br />
Keep an open mind<br />
and assume nothing.<br />
Talk to as many people<br />
as possible – you never<br />
know who they might<br />
know.<br />
5<br />
You’re informing<br />
and building<br />
relationships,<br />
rather than selling<br />
to the room or to<br />
the person you’re<br />
speaking to.<br />
6<br />
At many network meetings you’ll<br />
have the opportunity of a short<br />
pitch, so make it interesting,<br />
inspiring and memorable. Ask<br />
a fellow member to give you<br />
constructive feedback.<br />
7<br />
Keep an eye out for<br />
people you can build a<br />
rapport with. They<br />
will remember<br />
you, recommend<br />
you and work<br />
with you...<br />
8Act on the raft of business cards<br />
you’re sure to collect. Put all the<br />
details onto a CRM system and<br />
follow up, at least with an email<br />
and preferably a telephone call,<br />
within 24 hours.Contact the people<br />
you ‘hit it off with’ first.<br />
9This is a long term project, so give<br />
it the time and effort it deserves.<br />
When working out the cost of the<br />
event, include your travel time,<br />
your hourly rate, fuel and the event<br />
cost. Then evaluate your monetary<br />
return, whilst remembering the<br />
relationship return too.<br />
Ian clemson<br />
For more information visit www.velc.co.uk.<br />
Lastly, enjoy it, smile, be positive and speak well of<br />
others, especially the competition.<br />
issue 1 | page 41 01
<strong>IQ</strong> showcase<br />
In the CLOUD<br />
<strong>IQ</strong> asks if the hype surrounding cloud can match up to the expectations of the SME<br />
more<br />
affordable<br />
and more<br />
consistent<br />
technology<br />
We all know that our IT systems<br />
are a critical part of our business,<br />
but also one of the most costly,<br />
with cloud computing being<br />
hailed by many as our saviour.<br />
Yet, organisations are still unsure<br />
of what cloud computing is, and<br />
how to take the first steps.<br />
In a nutshell, cloud computing<br />
is the delivery of computing<br />
as a service rather than a<br />
product, where you gain access<br />
to IT resource, software and<br />
information over the Internet (or<br />
“cloud”). Externally managed<br />
cloud services can help lower<br />
operating costs by effectively<br />
outsourcing complex and time<br />
consuming areas of IT and data<br />
management to trusted service<br />
partners.<br />
The hype surrounding cloud<br />
computing is obscuring the very<br />
real sea-change taking place,<br />
as the way in which we pay for<br />
computing is changing forever.<br />
Public cloud services typically<br />
have no initial capital outlay,<br />
giving immediate on-demand<br />
access to the services you need.<br />
In addition, most services are<br />
available on a monthly or<br />
quarterly model, where you pay<br />
for what you use, turning IT<br />
into a utility model.<br />
Plus, with service providers<br />
investing heavily in skilled and<br />
highly qualified engineering<br />
staff, organisations don’t need<br />
to bear the significant costs<br />
associated with employment,<br />
training and support. This<br />
ability to pay monthly for core<br />
IT services, coupled with a<br />
lower cost of ownership, can<br />
have a dramatic effect on an<br />
organisation’s running costs, and<br />
help aid positive cash flow. So,<br />
in essence, technology becomes<br />
more available, more affordable<br />
and more consistent.<br />
A prime example of this is<br />
data backup. Effective business<br />
continuity planning is critically<br />
important to any organisation,<br />
but it can be challenging for small<br />
businesses where experienced<br />
IT staff are often in short<br />
supply and backup procedures<br />
are rarely fully implemented.<br />
Cloud computing could be the<br />
answer as an affordable way to<br />
backup critical data off site, and<br />
so protect the business against<br />
future data loss and the potential<br />
damage this could cause.<br />
A word of warning before<br />
proceeding down the cloud<br />
route; organisations must think<br />
long and hard about their<br />
choice of cloud partner and be<br />
prepared to research key areas<br />
such as service levels. Take some<br />
time to find the right fit for your<br />
business before signing on the<br />
dotted line.<br />
Mike Worby<br />
ALVEA Cloud Services, COMPUTERLINKS<br />
issue 1 | page 42
fix it with feedback<br />
<strong>IQ</strong> showcase<br />
“Feedback is data – it is a gift – it offers an opportunity to learn” Lothian, A. (1995).<br />
Peter Wortley of Performance Through People gives his advice on how feedback and effective<br />
communication can produce tangible improvements for both the individual and the organisation.<br />
Organisations which create open,<br />
positive and constantly learning<br />
cultures are the ones most likely to<br />
survive in the ever changing climate<br />
of the future. A critical part of<br />
creating this culture is the ability of<br />
the people within the organisation to<br />
give and receive feedback, which most<br />
of us miss out on.<br />
I am often faced with clients who<br />
are somehow reticent about giving<br />
feedback to their teams, for fear<br />
of offending or upsetting them. I<br />
challenge them to look at feedback<br />
differently.<br />
By withholding your feedback you<br />
are withholding the gift of a learning<br />
opportunity to others. Feedback is vital<br />
if we are to understand the impact of<br />
our actions upon others, if we don’t<br />
receive it, how can we improve our<br />
behaviour and performance?<br />
Even if it doesn’t come wrapped in<br />
fancy packaging it still might have<br />
value to us. As with any gift, we<br />
can then decide what we do with it<br />
afterwards, we can keep it and use it<br />
to make adjustments, or decide that<br />
it has little value to us and throw it<br />
away.<br />
In my experience, those who are<br />
most successful in life actively seek<br />
feedback to enhance their own<br />
performance and provide feedback<br />
to others to inspire them to perform<br />
better.<br />
There are two types of feedback,<br />
“acknowledging” feedback which<br />
reinforces good performance and<br />
behaviours and “developmental”<br />
feedback which corrects or improves<br />
poor performance and behaviours.<br />
Some psychologists recommend<br />
that children be given ten pieces of<br />
“acknowledging” feedback for every<br />
one piece of developmental feedback.<br />
I ask, would a similar balance at work<br />
be unreasonable?<br />
Positive feedback is vital, so that<br />
people know that they are performing<br />
to standard and understand what<br />
specifically is good about their work.<br />
Receiving praise is also motivational,<br />
and, as it is rare for a person’s work to<br />
be entirely perfect, providing positive<br />
feedback creates an opportunity to<br />
then comfortably discuss the areas<br />
for improvement.<br />
So the question is, if feedback is<br />
so great, why don’t we all do it?<br />
Effective feedback takes time and<br />
consideration - it takes a lot less<br />
time to simply dictate that a task has<br />
not been done correctly. If you are<br />
uncomfortable with giving feedback<br />
then these golden rules may help:<br />
Giving Feedback: The golden rules<br />
Give feedback as close as possible to the event to which it refers<br />
Take into account your ability to give the feedback – is there sufficient time, are you relaxed and confident, and do you have all the facts?<br />
Consider the recipient’s ability to handle the feedback at that moment – is the individual overloaded, under pressure or very emotional?<br />
Explain the specific behaviour which was good or bad and the resulting effect of that behaviour on the performance of the team and the<br />
organisation. Keep the feedback objective wherever possible<br />
Help the individual to understand the behaviour you desire or expect and how that might improve performance<br />
Give the individual the opportunity to share their ideas and concerns, or ask for help and listen attentively<br />
Always give a balance of feedback, and where possible start and end a meeting with positive feedback<br />
I challenge you to change the way you give and receive feedback. Opening up this communication channel can have<br />
a dramatic effect upon the relationships and morale within your team, while developing sustainable performance<br />
improvements within your organisation.<br />
Receive your free comprehensive guide to giving and receiving feedback, by emailing info@ptpp.co.uk or<br />
visit www.performancethroughpeople.co.uk<br />
issue 1 | page 43
<strong>IQ</strong> showcase<br />
issue 1 | page 01
can telesales offer<br />
the competitive edge?<br />
<strong>IQ</strong> showcase<br />
Getting back to basics and making friends with the telephone again,<br />
Gary MorgaN encourages us to consider staff training in this field<br />
The most common situation I come<br />
across in business is people who<br />
don’t have the skill or confidence<br />
to generate more business through<br />
use of the phone. It’s quick, cost<br />
effective and allows the sales person<br />
to gain far more information on a<br />
prospect that a conversation over<br />
e-mail. E-mail makes life easy, who<br />
could argue with that? However, it’s<br />
worrying that many sales teams have<br />
become comfortable with e-mailing<br />
and not recognising the value of<br />
a courteous, good old-fashioned<br />
telephone call. Believe it or not,<br />
this trend is souring, and companies<br />
who get telephone sales right will no<br />
doubt have a competitive edge over<br />
the competition.<br />
What is actually more interesting is<br />
that when I show clients the solution<br />
through training and consultancy,<br />
they struggle to justify the training.<br />
This is because they fail to do a simple<br />
calculation, which is “How many<br />
sales orders do I need to make in a<br />
month to break even on the training<br />
spend?” More often than not, the<br />
answer is less than one, before they<br />
see the value and return on their<br />
spend. Most of the time people think<br />
of the spend/activity rather than<br />
the outcome. A recent example of<br />
this came from a computer supplier<br />
business. After a positive discussion<br />
on the phone, I received an e-mail<br />
acknowledging that the firm ought<br />
to invest in a more structured sales<br />
response, but that at present it<br />
couldn’t justify the cost of instigating<br />
the training programme.<br />
To train or not to train ... some points to consider...<br />
Average order value<br />
Work out your average order value and<br />
then how many sales orders you would<br />
need to break even on the training<br />
spend.<br />
Trainer’s credibility<br />
Does the trainer have a track record in<br />
the subject they are training? Ask for a<br />
biography of the trainer’s background,<br />
as this provides you with an opportunity<br />
to see if your instructor is a good fit for<br />
your business.<br />
References<br />
Do they have genuine testimonials?<br />
Ask if you can contact one or two to<br />
get feedback. It’s a good idea to contact<br />
GARY MORGAN<br />
www.milestoneexperts.co.uk<br />
other companies who have used the<br />
training provider’s services. Ask what<br />
the company liked, and what they didn’t<br />
like about the service they received.<br />
Doing this will help you make a well<br />
informed decision.<br />
Training companies credibility<br />
Are they doing what they train? For<br />
instance, if they are training your staff<br />
on telephone techniques, are they using<br />
the phone correctly in their business?<br />
Call them and find out before you<br />
engage their services.<br />
Training style<br />
Some companies are happy to sit<br />
your team in front of a powerpoint<br />
presentation and bore them to tears.<br />
In my experience participants get<br />
more out of the training when it is<br />
interactive, fun and can be used in their<br />
job roles. Decide what style will best<br />
suit your staff.<br />
Continuous development<br />
One-off training sessions are fine for<br />
refreshing knowledge and to motivate<br />
your staff. However, if you really<br />
want to get the full benefit of your<br />
investment, consider a monthly or<br />
quarterly training programme. I do this<br />
with many of my clients, and they say<br />
this is where they get real value, as they<br />
can see the continuous improvement<br />
their staff are making.<br />
issue 1 | page 45
<strong>IQ</strong> showcase<br />
Marketing Consultant Chris Ellis encourages businesses to think big<br />
when formulating marketing strategies and brand direction<br />
Probably the biggest challenge<br />
facing small businesses right now<br />
is the need to create and maintain<br />
sufficient marketing momentum. It’s<br />
not easy when there is no ‘Marketing<br />
Department’ or dedicated resource<br />
and the cost to the business is seen as<br />
high in percentage terms, relevant to<br />
hard won revenue.<br />
So what steps do superbrands<br />
take, that small businesses can<br />
follow to improve their marketing<br />
effectiveness.<br />
The common denominator has to be<br />
the need to plan. All businesses need<br />
a strategic marketing plan (or, if it<br />
makes you feel more sales focused,<br />
call it a Business Development Plan).<br />
issue 1 | page 01 46
The plan acts as a road map, helping<br />
you get from A to B. Don’t make the<br />
mistake of thinking you can make it<br />
up as you go along – or that ‘hope’ is<br />
a viable strategy. At the very least you<br />
should have a marketing calendar that<br />
drives weekly / monthly activities.<br />
Big businesses need detailed plans<br />
because there are so many functions<br />
and people to control. That doesn’t<br />
mean they can’t distill them down<br />
to an easily understood mantra.<br />
Roisin Donnelly, Marketing Director<br />
for Proctor & Gamble<br />
summarises their digital<br />
marketing strategy in<br />
just three words: ‘catch,<br />
connect, close’.<br />
Big brands are expert<br />
at segmenting their<br />
customer groups,<br />
identifying what satisfies<br />
their needs and motivates<br />
them to buy. Then,<br />
once they’ve understood which the<br />
best channels to use to connect are,<br />
they’re never shy in encouraging a<br />
sale or two (for-one).<br />
As the owner of a number of<br />
superbrands Proctor & Gamble can<br />
also teach SMEs a thing or two about<br />
the need for consistency. Inconsistency<br />
is the enemy of brand-building and<br />
yet so many small companies are<br />
inconsistent with their positioning<br />
in the marketplace and with brand<br />
management. Consistency actually<br />
helps lower the cost of marketing<br />
and increases the effectiveness of<br />
branding.<br />
When it comes to marketing,<br />
superbrands and small businesses<br />
have one thing in common – both<br />
can transform the value of their<br />
businesses on the back of a big idea.<br />
This might be an over-arching brand<br />
idea, such as BMWs The Ultimate<br />
Driving Machine, or just a brilliant<br />
PR idea that ends up getting you<br />
national coverage, like start-up<br />
bespoke tailoring company A Suit<br />
That Fits. Their campaign to get<br />
people to donate old suits to homeless<br />
people going for job interviews was<br />
launched with Eddie Jordan and<br />
Jenson Button donating suits at the<br />
inconsistency is the enemy of<br />
brand-building, yet so many<br />
small companies are<br />
inconsistent with their<br />
positioning in the marketplace<br />
and with brand management.<br />
press launch, one week before the<br />
F1 season started. Brilliant timing,<br />
brilliant idea, great cause – great<br />
coverage.<br />
Sometimes the ‘big idea’ is really<br />
just the bravery needed to be<br />
different in your marketplace. If it<br />
gives you a sustainable competitive<br />
advantage, go for it. Look no further<br />
than LINGsCARS.com for a great<br />
example of creating value by being<br />
different. Ling Valentine turned<br />
down the Dragons (and got approx<br />
£250,000 of free publicity off the<br />
back of her appearance) and by<br />
being the champion of the customer<br />
she’s turned the vehicle leasing<br />
market on its head. LINGsCARS.<br />
com now leases out over £3.5m<br />
<strong>IQ</strong> showcase<br />
worth of vehicles each month. She’s<br />
pretty good at publicity stunts too –<br />
the Chinese army missile launcher<br />
parked next to the A1, complete with<br />
website branded missile pointing<br />
skyward is hard to ignore.<br />
Not only can the internet reward<br />
disruptive businesses, social media<br />
channels allow you to connect and<br />
engage with potential customers<br />
quicker and cheaper than ever<br />
before. Digital platforms propagate<br />
big ideas and achieve awareness<br />
levels way beyond what<br />
a small company could<br />
afford in conventional<br />
advertising terms.<br />
The four cornerstones<br />
of contemporary<br />
marketing are; content<br />
marketing, search<br />
marketing, social media<br />
and PR. The good news<br />
is, the internet levels the<br />
playing field for all businesses across<br />
these activities because the main<br />
investment needed is purely time.<br />
The bottom line is, if you are in<br />
business, you’re in marketing. Some<br />
observers believe that the approximate<br />
effective time allocation for successful<br />
businesses should be: Marketing<br />
55%, Making/Distributing 35%,<br />
Managing 10%.<br />
Time is clearly a precious commodity<br />
for owner-managed small businesses<br />
but by investing in smarter marketing<br />
and acting as if you were a lean startup<br />
with little or no sales revenue, you<br />
might find that taking a lead from<br />
the superbrands and out-thinking<br />
competitors pays dividends in the<br />
long run.<br />
CHRIS ELLIS<br />
Contact Chris Ellis at www.thebriefingroom.co.uk<br />
issue 1 | page 47 01
<strong>IQ</strong> showcase<br />
THE IMPORTANCE OF SOCIAL<br />
MEDIA FOR BUSINESS<br />
PR and Marketing Executive Rachel Preston takes an<br />
in-depth look at the importance of online business relations<br />
The ways in which a business can communicate have radically changed over the past 5-10 years. The days of talking at<br />
people are far behind us; now we talk to and with people. A novel concept, I know... but the ways in which we can talk to<br />
people have radically expanded and can be done instantaneously from anywhere in the world.<br />
We have evolved from communicating through posters and print to radio and TV, with the latest and most up to date<br />
development being online communication via social media.<br />
All types of businesses need to ensure they are part of this, as it is not a fad, but a development in the constantly changing<br />
way that we communicate. For businesses, an online presence on social media is vital in continuing to communicate with<br />
your clients and target audience. If you are not there talking about what you can offer, be in no doubt that someone else<br />
will be. If you’re not there and your competitors are, they will have exposure to your target audiences when you don’t, so<br />
it’s advisable to have a presence in this environment, to monitor your reputation and brand reception if nothing else.<br />
If you’re going in cold, it can present a minefield of jargon and new pathways, so here are a few helpful tips that can<br />
guide your online presence on your social media channels:<br />
Be interactive Once you have<br />
found the correct balance of self<br />
promotion and intriguing content,<br />
this will inspire action and can be<br />
really instrumental in using social<br />
media appropriately. Take some<br />
time to comment and interact with<br />
your current and prospective clients<br />
to show that you’re there and that<br />
you care about what they’re saying.<br />
A simple tactic is to ask questions<br />
that inspire a response, comment on<br />
current affairs or get involved in a<br />
#tag discussion.<br />
Post different types of media<br />
Social media users are interested<br />
in fresh new ways of presenting<br />
content as well as ways that they can<br />
share it with their own networks. In<br />
fact, certain forms of media such as<br />
infographics or videos and images<br />
have a tendency to be much more<br />
sharable and appealing, as it’s not just<br />
dry text-based conversation.<br />
Make content searchable I’m<br />
going to be bold and assume that<br />
you have some sort of optimisation<br />
in place for your website. Keep the<br />
same strategy in mind for your social<br />
media content. If it can be searched<br />
it can be optimised - so, whether that<br />
is #tagging or optimising text, make<br />
sure you’re doing it.<br />
Stay calm and carry on You<br />
really don’t need your social media<br />
intern “Sarah” having a meltdown<br />
at the first sign of something<br />
unfavorable being said about your<br />
brand on social media. By keeping a<br />
level head and having an emergency<br />
plan ready should disaster strike, you<br />
will be able to tackle the issue calmly<br />
and rationally. P.S. Ignoring it doesn’t<br />
count as a plan.<br />
Customise the content If you’re<br />
like us, you have multiple audience<br />
members to provide information to<br />
online. Do your homework; find out<br />
which sites your different audience<br />
members participate in and which<br />
topics/sectors are of importance to<br />
them.<br />
Be innovative You don’t have to<br />
be cutting edge to run a successful<br />
social media programme. However,<br />
it doesn’t hurt to have your eyes<br />
and ears open to the latest trends.<br />
Experiment with your strategy to<br />
find new and interesting ways to<br />
present the same information to your<br />
networks.<br />
issue 1 | page 01 48
Some stats for 2012...<br />
<strong>IQ</strong> showcase<br />
These strategies are all well and good for business to<br />
consumer companies, but what about those of you<br />
whose day to day business life consists of numbers,<br />
legal issues and financial forecasts?<br />
The above points can still apply; you just need to be<br />
inventive and creative with what you post. Here are a<br />
few ideas for you to think about:<br />
• Make sure you’re up-to-date with recent<br />
changes in your sector, such as news or changes in<br />
procedures, laws and methods.<br />
• Sign up for e-newsletters and RSS feeds for the<br />
top publications in your sector. That way you will get<br />
sent their headlines on a daily basis, which will help<br />
you keep up to date with the above points.<br />
• Comment on these headlines, and link them<br />
into things going on at your place of work.<br />
• Follow ‘leading lights’ and ‘Gurus’ in your<br />
sector - see what they are posting about and join in.<br />
• Sometimes current affairs will tie in with<br />
what your business is about. For example, an<br />
accountancy firm would post their opinion on the<br />
recent Budget revelations, along with any helpful<br />
hints that may help their customer base.<br />
• Generally try to make your business and its sector<br />
more accessible to the general public. For<br />
example a solicitor’s firm could offer a series of<br />
myth-busting posts on a specific and complicated law.<br />
The more you help customers, the more you will be<br />
seen as approachable and someone to do business<br />
with.<br />
• You can be human too. Customers like to see that<br />
the company they’re doing business with has a<br />
personality. Good news stories, such as a partner<br />
of the company doing a charity walk across Mt<br />
Kilimanjaro or the celebration of a member of<br />
staff’s 10th year with the company, are great insights<br />
to share with your customers.<br />
41-46% of businesses using<br />
social media will have acquired a<br />
customer/client through a social<br />
media channel<br />
Marketers across the<br />
world plan to increase<br />
their social media<br />
budget by 64%<br />
In 2012, 90% of social network users<br />
will be on Facebook<br />
The number of mobile<br />
shoppers will reach 72.8<br />
million<br />
88.1% of internet users<br />
aged 14+ will browse and<br />
research products online<br />
Source: Hubspot<br />
The number of<br />
mobile internet<br />
users will reach<br />
113.9 million<br />
The number of<br />
online shoppers<br />
will reach 184.3<br />
million<br />
As the marketing landscape continues to evolve, it will no doubt trend towards more and more interactive,<br />
two-way communication between consumer and brand. Companies which can provide value and can engage<br />
customers in meaningful and exciting ways, stand to reap tremendous rewards in the coming years.<br />
RACHEL PRESTON<br />
For more information visit www.cubiqdesign.co.uk<br />
issue 1 | page 01 49
<strong>IQ</strong> showcase<br />
John Treby, Creative Director of Cubiqdesign Ltd, gives<br />
advice on how to make the best use of your web presence<br />
For any proactive business these days, having a functional website is no longer enough. Making sure your<br />
on-line offering holds your business in good light is great, but does it also get you the limelight you require as<br />
well as giving you back the information to analyse and correct any areas that are under performing?<br />
For me the easiest way to break down your web offering is into three categories...<br />
A brochure site, used to back up any word of<br />
mouth referrals with little presence on-line. This is<br />
fine if your business solely relies on word of mouth<br />
referrals and does not look to generate new leads, but<br />
consider using your website to generate new leads<br />
too. (Example: qualitycommunications.asia)<br />
A content rich brochure site which<br />
generates new leads on-line and is used as a lead<br />
generation tool as well as merely a window to the<br />
world. (Example: cubiqdesign.co.uk)<br />
An e-commerce site, used as a way of<br />
driving income and sales to your business.<br />
(Example: designrattan.co.uk)<br />
Each of the above needs to perform well and portray your business in the best possible way. With<br />
the amount of competition businesses face, the difference between your website and those of your<br />
competitors can pretty much be the determining factor by which clients make their decisions.<br />
issue 1 | page 01 50
<strong>IQ</strong> showcase<br />
With any website, some clear pointers need to be considered and addressed to make sure you’re grabbing new<br />
clients; your website can be the first point of interaction they have with your business, so make sure it’s right.<br />
Key areas to consider are:<br />
Look and feel<br />
Does the website portray your<br />
brand properly, and is the imagery,<br />
colouring, communication and<br />
feel on brand? Think of it as your<br />
on-line client meeting room, or<br />
for retail your shop window so<br />
it should scrub up well and look<br />
polished!<br />
Optimisation<br />
For those businesses looking to<br />
drive traffic, a good optimisation<br />
plan needs to be in place with clear<br />
avenues of traffic address, from<br />
organic search engine optimisation<br />
and on-line advertising to pay per<br />
click and affiliate marketing. Each<br />
of these can generate huge amounts<br />
of traffic and revenue, but need to<br />
be constantly measured and refined<br />
through the use of analytics.<br />
usability<br />
Think of yourself as the client,<br />
and make sure you can get to the<br />
information you need in one to<br />
three clicks. People are typically<br />
lazy on-line, and want to see what<br />
they need instantly; imagine them<br />
as goldfish with a three second<br />
memory, and make sure you don’t<br />
lose them before that three seconds<br />
is up!<br />
Latest news<br />
Keeping latest news and current<br />
news up to date is the most<br />
important area that can be<br />
overlooked. Agreed, we’re all very<br />
busy, but if your latest news dates<br />
from 2009, potential clients are<br />
going to assume that you’re either<br />
out of business or have been<br />
drinking cups of tea and waiting<br />
for the phone to ring for the last<br />
three years!<br />
Testing<br />
With mobile usage on the<br />
up, making sure your site is<br />
compatible across all platforms<br />
is key. Having a mobile version<br />
of your website is extremely<br />
hip, but, for businesses with<br />
smaller budgets, making sure<br />
your existing site is compatible<br />
means you’re not losing that<br />
huge percentage of clients via<br />
mobile.<br />
The all important copy<br />
The information provided on<br />
the site needs to be concise and<br />
punchy; no one has time to<br />
read pages and pages of drab<br />
copy. Get the hierarchy of the<br />
information balanced on every<br />
page, back it up with client<br />
testimonials and include a clear<br />
list of services you offer.<br />
Analytics<br />
Do you know the difference between impressions and conversion rates? It can be difficult to keep track of how your website is<br />
performing, so below are some terms that you need to know:<br />
Bounce rate: this is used to determine the least effective pages on a website, and gives the percentage of visitors entering the page<br />
who left the site without going to any other pages<br />
Conversion rate: this determines the effectiveness of a web page in converting visitors to sales or leads<br />
Impressions: this gives the number of times a page is displayed<br />
Page views: this is used to convey the relative popularity of pages within a site, and the number of pages successfully loaded from<br />
visitors to your site<br />
Visits: this measures the number of people who come to your site, typically, doing so in a 30-day period from the first visit<br />
Considering your website as an effective sales arm of your business will help to gain you new leads,<br />
improve your image and your presence.<br />
JOHN TREBY For more information visit www.cubiqdesign.co.uk<br />
issue 1 | page 51 01
<strong>IQ</strong> showcase<br />
Food Glorious Food...<br />
and Drink!<br />
<strong>IQ</strong> focuses on successful regional businesses whose taste has gained them national recognition<br />
Aspall continues<br />
to grow<br />
Growing demand for Aspall cider and<br />
vinegar products has prompted this<br />
Suffolk-based producer to restructure<br />
its management team and expand<br />
production facilities. Aspall, which<br />
sources the majority of its apples<br />
from local orchards and works with<br />
the region’s apple growers to ensure<br />
long-term sustainability, recently<br />
invested £750,000 on a new vinegar<br />
bottling line and cider fermentation<br />
and storage tanks; over the next two<br />
to three years, it envisages investing<br />
a further £4 million in its plant and<br />
equipment. This includes projects<br />
to improve fruit management and<br />
pressing.<br />
According to company chairman<br />
Barry Chevallier Guild, these<br />
investments will ensure that Aspall<br />
will not only keep pace with its<br />
growth, but will also lead the<br />
premium cider and vinegar markets.<br />
Aspall has expanded its vinegar<br />
range to 11 different products, and<br />
is also driving development of the<br />
cider market. Its Suffolk cider is now<br />
available in the Australian, French<br />
and Irish markets as well as in the<br />
UK. The company, which now has a<br />
workforce of more than 70, has also<br />
launched a new online consumer<br />
shop.<br />
Recognition for Powters’<br />
rebranding<br />
Newmarket-based Powters, which<br />
has been making sausages since<br />
1880, and currently supplies<br />
local independent butchers and<br />
mainstream supermarkets as well<br />
as Harrods, has recently undergone<br />
a rebranding exercise designed to<br />
raise its profile and maximise what<br />
Managing Director Grant Powter has<br />
called ‘its strong national potential’.<br />
To appeal to modern taste, Powters<br />
has extended its range with five<br />
spinouts from the Newmarket<br />
sausage, including spicy Spanish,<br />
low fat, gluten free, and Real Ale<br />
varieties. Powters has also redesigned<br />
its packaging, using colour coding<br />
and a distinctive pig silhouette cutout<br />
to achieve maximum stand-out and<br />
on-shelf recognition. The design’s<br />
blend of tradition and innovation<br />
earned it The Design Strategy award<br />
at The Drum marketing awards<br />
ceremony in 2011, enabling Powters<br />
to reposition their offer to buyers in<br />
major multiples.<br />
Grant Powter said: “The new design<br />
has led to increased interest from<br />
buyers and sales growth.”<br />
Powters is also an accredited rare<br />
breeds butcher, currently grassrearing<br />
its Pedigree Welsh Black<br />
Beef on its organic farm in Suffolk,<br />
for the specialist market.<br />
Greene King<br />
more than a brewery<br />
Despite the challenges the pub and<br />
beer industry faces as government<br />
cutbacks continue to impact on<br />
consumer spending power, Suffolkbased<br />
brewery group Greene King<br />
remains confident, due to its strong<br />
Retail expansion strategy and groupwide<br />
operational performance, driven<br />
by its ideals of value, service and<br />
quality. Producing such iconic ales as<br />
IPA and Old Speckled Hen, Greene<br />
issue 1 | page 52
<strong>IQ</strong> showcase<br />
King continues to invest in its core<br />
ale brands, as evidenced by its new<br />
Scottish brewhouse. It also owns and<br />
operates Hungry Horse and Loch<br />
Fyne Restaurants, and, as part of its<br />
strategy to increase its share of the<br />
growing eating-out market, recently<br />
acquired Cloverleaf Restaurants.<br />
Other recent acquisitions include<br />
Realpubs in London.<br />
In addition to its strong brand<br />
identity promoted by sport-linked<br />
national advertising campaigns,<br />
Greene King recgonises that its<br />
customers need ‘affordable treats’,<br />
so continually seeks to add value to<br />
what it offers.<br />
With its continued focus on<br />
controlling costs, its finances<br />
continue to look good, with an<br />
increase of 6% in revenue, a rise of<br />
4.6% in EBITDA, and an increase<br />
of 7.4% in dividend.<br />
Sweet success for<br />
Hotel Chocolat<br />
When it comes to sourcing its raw<br />
materials, Hotel Chocolat has clear<br />
ethical concerns. From its Rabot<br />
Estate on St. Lucia, as well as in<br />
Ghana, it runs engaged ethics<br />
programmes. In Rabot, accepted<br />
practice is overturned with other<br />
locals involved in the supply chain<br />
to add value; As Hotel Chocolat<br />
doesn’t just buy and export cocao,<br />
it’s finished product really is St.<br />
Lucian chocolate.<br />
Recent successes include expanding<br />
the company’s Cambridgeshire<br />
chocolate factory; opening a second<br />
USA store in New York; introducing<br />
the Chocolate Tasting Club in which<br />
customers can vote for preferred<br />
chocolates and suggest new products,<br />
and, as BAFTA’s official Chocolate<br />
Partner, making a 100kg chocolate<br />
and carat-gold mask.<br />
In a recent survey of over 6,000 UK<br />
shoppers, Hotel Chocolat was ranked<br />
fourth in the Top 10 brands, and was<br />
the only British brand listed. Angus<br />
Thirlwell, Hotel Chocolat CEO, said<br />
‘For your customers to recommend<br />
you [...] is the greatest accolade a<br />
company can hope for. Our entire<br />
company ethos revolves around<br />
making our customers happy with<br />
exciting products and a distinctly<br />
British brand’.<br />
Something’s<br />
brewing at Adnams<br />
Southwold-based brewer Adnams’<br />
wine and shops business is on the<br />
up; 2011 shop sales are 22% up, and<br />
trading is 14% ahead. In a difficult time<br />
for retail, this isn’t just a good result –<br />
it’s the best growth rate the company<br />
has seen in five years. Adnams has<br />
grown staff numbers in preparation<br />
for further retail expansion, actively<br />
seeking new shop sites.<br />
Adnams’ take-home beer business<br />
has grown overall by 17%, with the<br />
company’s own beer products not<br />
only selling well, but the volume sold<br />
growing by 2.5%. With the UK’s beer<br />
consumption falling year by year, the<br />
continued growth of Adnams’ directly<br />
delivered beer business reflects well<br />
on its brand, beers, and standard of<br />
customer service.<br />
With expansion in mind, the company<br />
has invested in new distillery products,<br />
and is particularly pleased with the<br />
sales of one such product, limoncello.<br />
A new Adnams food range is also being<br />
developed.<br />
Despite volatile consumer spending and<br />
an uncertain retail market, Adnams<br />
sees itself as here for the long term and<br />
will act and invest on that basis.<br />
by Marion treby<br />
issue 1 | page 53
Follow Cubiqdesign on twitter twitter.com/cubiqdesign<br />
we know what works<br />
WHEN IT COMES TO BRAND COMMUNICATION<br />
Website Design SEO services Ecommerce Advertising Print Design<br />
Brand Design Point of Sale Design Packaging Design PR Services<br />
www.cubiqdesign.co.uk<br />
An award-winning creative agency<br />
www.cubiqdesign.co.uk | info@cubiqdesign.co.uk | 01638 666432
<strong>IQ</strong> showcase<br />
Finding the balance<br />
Health expert Carole Baker speaks to <strong>IQ</strong> on the shifting priority towards health in the workplace<br />
We are all looking for balance in<br />
our busy lives. For employers, this is<br />
about looking for a balance between<br />
ensuring that their staff are working<br />
to their maximum effectiveness,<br />
but also offering them some way of<br />
reducing their stress levels and thereby<br />
improving their long-term health and<br />
performance. Not addressing the latter<br />
can result in a ‘burn out’; the situation<br />
can be summarized in a simple<br />
equation: Stressed out staff = Increased<br />
Sickness Days + Lost Productivity +<br />
Low Morale. The primary reason<br />
that companies fail to take note of this<br />
equation is cost, including cost to the<br />
service provider and cost in staff time.<br />
The issue is certainly high on the<br />
business agenda as the Suffolk<br />
Chamber of Commerce have labelled<br />
2012 its year of ‘Health in the work<br />
place’<br />
John Dugmore, chief executive, warns<br />
if the health issues are not addressed by<br />
Suffolk businesses, it could hit the local<br />
economy.<br />
“Whether it’s for a minor cold or a more<br />
complex, long-term issue, absenteeism<br />
has always been a challenge for<br />
business,” he said. “While being<br />
unwell is all part and parcel of life,<br />
there are things that can be addressed<br />
by employers and employees in the<br />
knowledge that if not dealt with there<br />
could be a huge financial burden.”<br />
There has been much press coverage<br />
recently on the death warrant of sitting<br />
in a chair or car all day, and latest<br />
statistics show that the average Briton<br />
spends 14½ hours seated during the<br />
day (and that doesn’t count sleeping!)<br />
So what can employers do to help<br />
their staff counteract the effects of this,<br />
and ensure that it does not impact the<br />
bottom line?<br />
Stress and back pain are the two main<br />
causes of sickness and absenteeism;<br />
the new buzzword around HR<br />
departments is “presentesim” often<br />
defined as “the lights are on but no one<br />
is at home” where staff are present at<br />
work but are not engaged or working<br />
at their full level of capability, often as<br />
a result of not having the tools to deal<br />
effectively with stress, or because of<br />
physical / mental health ailments.<br />
Last year’s study by the Sainsbury<br />
Centre for Mental Health reported<br />
that presenteeism due to mental ill<br />
health costs businesses almost twice the<br />
£8bn caused by absenteeism. At the<br />
Self Centre we have noticed a huge<br />
mind shift in employers now wishing<br />
to take the matter seriously, because,<br />
quite frankly, it is affecting profits.<br />
We offer a corporate programme<br />
called the Self-Strategy; it’s a<br />
bespoke programme of mind/body<br />
exercise and complementary therapy<br />
workshops, classes & taster sessions<br />
to prevent health issues and improve<br />
performance in the workplace. The<br />
Self-Strategy is particularly effective, as<br />
it encourages staff to take responsibility<br />
for their own health and wellbeing.<br />
We understand that flexibility is<br />
required, and therefore, sessions can<br />
take place in the work place, or at<br />
the Self Centre. Taster sessions and<br />
workshops are tailored to individual<br />
employees, taking into consideration<br />
their job role and physical/mental<br />
stress level.<br />
It is refreshing to see that many<br />
companies now have health in the<br />
work place high on the agenda, as the<br />
Self Centre has recently been working<br />
with solicitors, school staff and housing<br />
associations – a mix of both the public<br />
and private sector. There is also a noted<br />
trend for companies to set up regular<br />
self-funding classes or part-subsidised<br />
treatment days as a result.<br />
Carole Baker<br />
For more information visit www.the-self-centre.co.uk. Contact carole@the-self-centre.co.uk or call<br />
01284 769090 for further information<br />
issue 1 | page 55
<strong>IQ</strong> showcase<br />
Go Green<br />
Restoration has<br />
formed to provide<br />
effective window<br />
solutions to improve<br />
overall efficiency<br />
whilst maintaining<br />
the original<br />
materials and<br />
appearance<br />
Go Green restoration takes a look at the<br />
latest glazing technologies to meet our<br />
demanding carbon emission reduction targets,<br />
and the steps that must be taken for adoption...<br />
issue 1 | page 56
The problem of climate change<br />
has been acknowledged, accepted<br />
and understood, but sadly, not<br />
resolved. It has become clear that<br />
necessary actions must be taken<br />
to address the issue, and, in a first<br />
attempt, the UK government has<br />
committed to meeting the Carbon<br />
Emission reduction targets for a<br />
34% reduction in greenhouse<br />
gas emissions by 2020 and an<br />
80% reduction by 2050, as set<br />
out by the Climate Change Act,<br />
2008. To tackle these aggressive<br />
targets, reductions in demand<br />
and increase in low carbon<br />
emission supply are required,<br />
both of which can be achieved<br />
by behavioural changes and an<br />
increase in awareness.<br />
Over a third of the UK’s carbon<br />
emissions are from heating and<br />
powering homes and buildings.<br />
To reduce emissions from this<br />
major sector, new legislation<br />
has been put in place on the<br />
performance of new buildings,<br />
through improved insulation<br />
and higher efficiency windows.<br />
This, however, does not address<br />
how we improve the majority<br />
of buildings which are already<br />
built. In areas such as Cambridge<br />
where the historical significance<br />
of buildings is a focal point in the<br />
city, this is of particular concern,<br />
as many of these buildings still<br />
have windows with single pane<br />
glass and poor insulation.<br />
Go Green Restoration (GGR)<br />
has being recently formed by<br />
scientific and construction experts<br />
to provide effective window<br />
solutions to improve overall<br />
efficiency whilst maintaining,<br />
where possible, the original<br />
materials and appearance. One of<br />
the key drivers is the development<br />
of window technology that has<br />
enabled double glazed units to<br />
become thinner, sufficient to<br />
directly replace single<br />
pane glass within<br />
existing wooden and<br />
metal frames.<br />
Two approaches have<br />
been taken to reduce<br />
U-value (the amount of<br />
heat transported through<br />
the glass unit), moving<br />
to heavier gases such<br />
as Krypton and Xenon<br />
to replace the standard<br />
Argon gas. The heavier<br />
gases are better insulators, so<br />
reduce heat loss. This technology<br />
is rapidly maturing with products<br />
offering warranties of up to 10<br />
years and total double glazed<br />
unit thickness down to 10 mm, as<br />
opposed to conventional double<br />
glazed units, which are typically<br />
greater than 22 mm.<br />
An alternative route to thinner<br />
units has been adopted by<br />
Pilkington, one of the world<br />
leaders in glass production, who<br />
have completely removed the air in<br />
the glass cavity. A perfect vacuum<br />
does not conduct heat, so can lead<br />
to dramatic reductions in heat loss.<br />
<strong>IQ</strong> showcase<br />
Ultra thin units are possible with<br />
an overall unit thickness of 6mm.<br />
This unit achieves a U-value of<br />
1.4, compared to a single glass<br />
that has a U-value in the range<br />
5-6, so enabling a factor of up to<br />
4 less heat loss.<br />
GGR have restored a sash window<br />
Over a third of<br />
the UK's carbon<br />
emissions are<br />
from heating and<br />
powering buildings<br />
in Downing College Cambridge<br />
with new high efficiency glazing<br />
and the latest draft exclusion<br />
products. On completion, the<br />
renovated window retained the<br />
appearance of the traditional<br />
sash window whilst significantly<br />
reducing the energy loss through<br />
the window. For listed buildings,<br />
further restrictions are often<br />
placed on the windows, which<br />
include the manufacturing<br />
process for the glass. For this<br />
market, double glazed units are<br />
now also available with glass<br />
made with traditional techniques<br />
such as hand drawn and cylinder<br />
glass, which have their associated<br />
imperfections to match the<br />
original glass.<br />
Energy efficient window solutions<br />
are becoming available on the<br />
market at cost effective prices.<br />
What is requried to accelerate<br />
adoption is an improved<br />
understanding of the materials<br />
and technologies available, and<br />
an increase in public awareness of<br />
the long term benefits of moving<br />
to environmentally friendly<br />
products.<br />
Go Green Restoration<br />
For more information visit www.gogreenrestoration.co.uk or telephone 01223 420252<br />
issue 1 | page 57
<strong>IQ</strong> showcase<br />
CONFERENCING VENUES<br />
<strong>IQ</strong> takes a look at the region’s top conferencing venues<br />
The Jockey Club Rooms,<br />
Newmarket<br />
Offering a conference venue<br />
steeped in equestrian history, The<br />
Jockey Club Rooms makes a truly<br />
prestigious alternative to a hotel<br />
or dedicated conference centre.<br />
Augmenting its excellent facilities<br />
for presentations or meetings, it can<br />
also offer guests after dinner tales of<br />
the rich and famous racing gentry,<br />
private tours of its art collection<br />
and early morning tours of the<br />
training gallops.<br />
The Jockey Club Rooms, 101 High Street<br />
Newmarket. Tel: 01638 664151. Visit<br />
www.jockeyclubestates.co.uk for more<br />
information.<br />
Madingley Hall, Cambridge<br />
Set in magnificent gardens just<br />
four miles from the centre of<br />
Cambridge, and a mere 60 minutes<br />
from London, Madingley Hall<br />
provides a memorable setting.<br />
With 11 conference and syndicate<br />
rooms accommodating between<br />
5-100 delegates, the Hall is one<br />
of the few University buildings to<br />
offer all year round availability for<br />
both residential and non residential<br />
events.<br />
Rooms are prepared to exact<br />
specifications, each with Internet<br />
access and the full range of AV<br />
equipment.<br />
University of Cambridge, Madingley<br />
Hall, Madingley, Cambridge. Tel: 01223<br />
746222. Visit www.madingleyhall.co.uk<br />
for more information.<br />
The apex, Bury St Edmunds<br />
The apex offers a modern multipurpose<br />
venue, catering for anything<br />
between 40 and 750 people. Its<br />
flexible and versatile spaces can be<br />
adapted to suit all requirements,<br />
with unique and innovative floors<br />
and seating structures.<br />
With three studios equipped for<br />
smaller meetings, conferences and<br />
break out areas, The apex can<br />
accommodate all business needs.<br />
Technical support and equipment,<br />
including laptops, projectors,<br />
microphones, PA equipment,<br />
lighting and a lectern are all<br />
available, with additional catering<br />
options on hand.<br />
The apex, Charter Square, Bury St<br />
Edmunds, IP33 3FD. Tel: 01284<br />
758100. For more information visit<br />
www.theapex.co.uk/conferences.<br />
The Granary Estates<br />
One of the region’s newest<br />
conferencing and business venues,<br />
The Granary Estates lends itself to<br />
any business event, no matter how<br />
large or how small. Offering two<br />
venues, The Granary Barns and<br />
The Dullingham Polo Club, the<br />
Estates encompasses a blank canvas<br />
for your event.<br />
To completely tailor your occasion<br />
to your needs, The Granary Barns<br />
offers you a choice between a large<br />
or a smaller barn; alternatively, you<br />
can use or erect a purpose-built<br />
marquee within The Dullingham<br />
Polo Club.<br />
The Granary Barns, The Granary<br />
Estates, The Courtyard, Hill Farm,<br />
Dullingham, Newmarket, CB8 9UT. Tel:<br />
01638 508062. Visit thegranaryestates.<br />
co.uk for more information.<br />
issue 1 | page 58
<strong>IQ</strong> showcase<br />
Crowne Plaza, Cambridge<br />
Crowne Plaza offers one of most<br />
exceptional conferencing venues in<br />
the heart of Cambridge city centre.<br />
Hosting events from as few as 35<br />
to as many as 350 participants, the<br />
Hotel’s four event suites provide the<br />
perfect venue for you and your team<br />
to hold a stimulating training session<br />
or product launch.<br />
Utilise the impressive facilities on<br />
hand, including a DVD player,<br />
projector, flip chart and markers,<br />
group and event packages, lectern,<br />
microphone and whiteboard.<br />
Crowne Plaza, 20 Downing Street,<br />
Cambridge CB2 3DT. Tel: 0871 942<br />
9180. For more information visit www.<br />
crowneplaza.com.<br />
Hotel Felix, Cambridge<br />
The hotel’s four meeting rooms,<br />
all with natural daylight, can<br />
accommodate up to 36 delegates<br />
boardroom style and 50 delegates<br />
in a theatre style set up. Its elegant,<br />
stylish and relaxing surroundings<br />
are ideal for conferences and private<br />
dining; high levels of service and<br />
dining, as well as free parking,<br />
complete the picture, making<br />
Hotel Felix the perfect choice for a<br />
conference with character.<br />
Hotel Felix, Whitehouse Lane, Huntingdon<br />
Road, Cambridge CB3 0LX. Tel: 01223<br />
277977. Visit www.hotelfelix.co.uk for<br />
more information.<br />
British Racing School,<br />
Newmarket<br />
East Anglia’s most unique<br />
conference and training venue, The<br />
British Racing School offers high<br />
quality facilities in a location with<br />
a difference. Its facilities include 6<br />
meeting rooms, a state of the art<br />
training theatre and a training suite<br />
equipped with 12 computers. To<br />
discuss your requirements further,<br />
contact Lissie Mitchell on 01638<br />
669040.<br />
British Racing School, Snailwell Road,<br />
Newmarket, CB8 7NU. Tel: 01638<br />
665103. For more information visit www.<br />
brs.org.uk.<br />
Tattersalls, Newmarket<br />
Tattersalls Park Paddocks, one of<br />
East Anglia’s most unusual and<br />
characteristic venues, is an exciting<br />
location in which to meet your<br />
corporate objectives. Parties of all<br />
sizes from 20 to 600 people can be<br />
accommodated, and the variety<br />
of rooms available for hire, which<br />
include the unique Sale Ring and the<br />
Reception Room, gives flexibility to<br />
the style and format of your event.<br />
Contact their professional team to<br />
organise a personalised package.<br />
Tattersalls, Terrace House, Newmarket,<br />
CB8 9BT. Tel: 01638 665931. For more<br />
information visit www.tattersalls.com.<br />
Tuddenham Mill, Tuddenham<br />
Tuddenham Mill makes the perfect<br />
conferencing and meeting venue for<br />
anyone looking to truly inspire their<br />
team. The impressive Terrace Room<br />
allows delegates the opportunity<br />
to relax and unwind in a chic, yet<br />
functional, private meeting room.<br />
Catering for 30 people, the venue<br />
offers excellent facilities including<br />
the latest screening technology,<br />
projector, DVD player and surround<br />
sound to make your meeting run<br />
with ease.<br />
Tuddenham Mill, Tuddenham, Nr<br />
Newmarket, IP28 6SQ. Tel: 01638<br />
713552. Visit www.tuddenhammill.co.uk<br />
for more information.<br />
issue 1 | page 59
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<strong>IQ</strong> showcase<br />
BOOK REVIEW<br />
Business Blogging<br />
for Beginners<br />
by helen lindop<br />
Available in Kindle format only. Priced at £2.99.<br />
Bio: Helen Lindop is the writer of<br />
the e-course Earn What You Deserves<br />
as a Mumpreneur and co-author<br />
of the book Start a Family Friendly<br />
Business. She blogs about growing<br />
a business around a young family at<br />
BusinessPlusBaby.com.<br />
Review: Written with small to<br />
medium start up businesses in mind,<br />
Business Blogging for Beginners truly<br />
does what it says on the tin. Split into<br />
two helpful sections to help those firstly<br />
start their blog, and secondly grow and<br />
maintain a strong following, Lindop<br />
engages with the function of blogging<br />
and how best to make it work for you<br />
and your businesses.<br />
Explaining the search engine<br />
optimisation benefits of blogging on<br />
a basic level, Lindop’s straightforward<br />
guide is the perfect stepping stone for<br />
local businesses looking to strengthen<br />
or begin their online presence.<br />
Revealing the importance of blogging<br />
as an interactive tool on an otherwise<br />
static website, Lindop encourages<br />
further promotion through social<br />
media avenues and offline sources,<br />
as well as the importance of goals,<br />
frequency and audience impression<br />
on a simplistic level.<br />
Detailing ways to make money from<br />
blogs, as well as the importance of<br />
brand consistency, Business Blogging<br />
for Beginners is certainly a pocket-sized<br />
start up guide to businesses looking to<br />
strengthen their portfolio and bring<br />
their business into the modern world.<br />
Somewhat lacking in details on how<br />
to advance your blog once a strong<br />
following has gathered, this e-book is<br />
certainly a guide for beginners and not<br />
for those looking for a beginners guide<br />
to business online.<br />
Stretching into the bounds of<br />
confident editing, tips on headlines<br />
and the all too common mistakes<br />
made by inexperienced bloggers,<br />
Business Blogging for Beginners is<br />
an engaging and to-the-point read<br />
some local businesses will benefit from<br />
digesting.<br />
Review by Georgie Campbell, Content Editor,<br />
Cubiqdesign.<br />
issue 1 | page 61
<strong>IQ</strong> showcase<br />
issue 1 | page 01
<strong>IQ</strong> showcase<br />
BOOK REVIEW: THE NEW<br />
RULES OF MARKETING & PR<br />
rachel preston, Pr & marketing executive at cubiqdesign<br />
reviews the latest book by d.m . scott<br />
The main theme running through<br />
this book is how vital it is to<br />
understand the growing irrelevance<br />
of marketing’s “old rules” when<br />
competing in the new media arena.<br />
In a relatively short period of time,<br />
the ways in which we communicate<br />
as businesses, organisations and in<br />
general, has radically changed, so<br />
marketing and PR has had to keep<br />
up. Scott explains that the internet<br />
is not so much about technology<br />
as it is about people; he goes far<br />
beyond technology and explores the<br />
ramifications of the internet as it<br />
pertains to people. He explains the<br />
rules and how to negotiate them to<br />
the best effect, so that organisations<br />
can launch communication<br />
campaigns by using the far reaching,<br />
long lasting tools of social media.<br />
His book is an invaluable guide for<br />
anyone who wants to make a name<br />
for themselves, their ideas, and their<br />
organisation.<br />
Marketing used to be about<br />
pushing messages to convince<br />
people to take necessary action.<br />
Now, marketing is about engaging<br />
in conversation with prospects<br />
and leading, persuading others to<br />
take action largely because of the<br />
overwhelming power and influence<br />
of the web and other electronic<br />
communications. Scott’s book<br />
explains that the waning influence<br />
of traditional print publications,<br />
radio and direct mail is good news<br />
for lots of smaller companies and<br />
independent professionals who need<br />
to reach niche markets cheaply and<br />
effectively. He also sees this as good<br />
news for consumers: the online<br />
culture of integrity and information<br />
tends to produce quality content for<br />
less.<br />
Scott has provided the non-technical<br />
amongst us with a thoughtful and<br />
accessible guide to cutting edge<br />
media arenas and formats such as<br />
RSS, vodcasts and viral marketing,<br />
without neglecting the fact that<br />
technological wizardry can’t<br />
substitute for a well thought out<br />
marketing programme. Therefore,<br />
it’s a fact that you still need to<br />
define fundamentals such as your<br />
target audience, to acknowledge the<br />
ethos and etiquette of the internet,<br />
and to encourage content that is<br />
both useful and unobtrusive. This<br />
book takes a really good look at the<br />
basics of ‘new age’ marketing, and<br />
will be found useful by anyone who<br />
perhaps isn’t that technologically<br />
savvy, but wants to be.<br />
RACHEL PRESTON<br />
issue 1 | page 01 63
<strong>IQ</strong> showcase<br />
your Chamber<br />
wants you<br />
This month, Graham Abbey, Chair of Newmarket and District Chamber of<br />
Commerce (NDCC) explains more about the benefits of belonging to the Chamber and<br />
the start-up programme, the Enterprise Engagement Programme<br />
NDCC is a business membership organization which<br />
covers the Forest Heath Region. The organization is<br />
affiliated to Suffolk Chamber of Commerce and brings<br />
members every benefit of belonging to this larger<br />
County Chamber. We bring together companies from<br />
all over the county, of all sectors and sizes to promote<br />
local business relationships. Our regular meetings<br />
provide a platform for our members and those of the<br />
wider Suffolk County membership to develop their<br />
own businesses and knowledge through networking and<br />
professional presentations on current and local areas of<br />
interest.<br />
To give you a taste of our events, the next meetings<br />
include a Business Breakfast with which brings together<br />
members of NDCC and Haverhill Chamber of<br />
Commerce. We also will offer a purely networkingfocused<br />
event, a tour of the very successful Newmarket<br />
Equine Hospital and a social event focusing on the<br />
Newmarket July meeting together with a stable tour,<br />
linking with another local networking group, VELC.<br />
Details of all our events and much more are available<br />
on our website, www.newmarketanddistrict.com. Of<br />
course, as a Newmarket Chamber member you can<br />
go to any Suffolk Chamber of Commerce event as a<br />
member (see www.suffolkchamber.co.uk/events)<br />
Suffolk Chamber of Commerce, with which NDCC is<br />
affiliated, has a range of services helping businesses grow<br />
regardless of their development stage. For those thinking<br />
of starting a business, or with new businesses less than 2<br />
years old, the EEP is a perfect choice. The idea behind<br />
the EEP is to help nurture and develop your business at<br />
what is most commonly its most crucial development<br />
stage. We offer a range of tailored advice and tools to<br />
help you reduce your company’s expenditure, all of<br />
which focus on the needs of a newly starting company.<br />
For more established businesses, membership is available<br />
for the sole trader right through to the larger, national<br />
business.<br />
Benefits include:<br />
• Promotional opportunities including networking,<br />
sponsorship, advertising, inclusion into the Suffolk<br />
Business Directory<br />
• Business discounts including cost reductions and<br />
heightened benefits on a range of services<br />
• Business information including up-to-date intelligence,<br />
such as credit checks and data provision<br />
• Representations. NDCC provides a local voice to<br />
influence government<br />
• Training and support to help improve your skills and<br />
those of your workforce<br />
• International trade assistance<br />
• Business and social networking to help build your<br />
business by referral and spreading the word<br />
• Developing and building supply chains and business<br />
relationships<br />
If you are about to start a new business, or have an<br />
established business and would like further information,<br />
or would like to attend an NDCC event, contact Claire<br />
Elbrow, NDCC secretary, on 01638 731513 or at info@<br />
bluelizardmarketing.com.<br />
Graham abbey<br />
For more information visit www.newmarketanddistrict.com.<br />
issue 1 | page 65