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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

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