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<strong>Issue</strong> <strong>16</strong>: march - MAY
An Inspired<br />
Education<br />
Now for boys<br />
as well as girls<br />
Discover more at our Open House:<br />
A hands-on experience for boys<br />
and girls in years 4 and 5 and<br />
their parents<br />
Saturday 12th March<br />
Union Road, Cambridge<br />
9.30 to 12.30<br />
Register now via<br />
stephenperse.com
At Robinsons, we have a dedicated Fleet Department to cater for your specific needs. Tailor-made finance<br />
arrangements offer our affordable prices. And with many fine features as standard, P11d values are kept low.<br />
With CO 2 emissions as low as 48g/km, the lowest ever produced by Mercedes-Benz, there’s less impact on the<br />
environment too. And as Mercedes-Benz is the benchmark for reliability and safety, you’ll have a fleet that will give<br />
you peace of mind.<br />
For more information, or to arrange a test drive, please contact us today.<br />
Robinsons Mercedes-Benz<br />
Mercedes-Benz of Bury St Edmunds, Northern Way, Bury St Edmunds, Suffolk IP32 6NH<br />
01284 778 950 corporatesales@robinsonsmercedes.co.uk<br />
We also have sites at Cambridge, Kings Lynn, Norwich and Peterborough.<br />
Official government fuel consumption figures in mpg (litres per 100km) for the Mercedes-Benz range: urban 15.2(18.6)-<br />
72.4(3.9), extra urban 23.9(11.8)-83.1(3.4), combined 20.5(13.8)-134.5(2.1). CO 2 emissions 322-48 g/km. Official EUregulated<br />
test data are provided for comparison purposes and actual performance will depend on driving style, road conditions and other non-technical factors.
iQ welcome<br />
welcome to the Sixteenth edition of iq business magazine,<br />
a quarterly publication that offers insight and inspiration<br />
to sme business owners in cambridgeshire and suffolk<br />
Keep us up-to-date with your latest<br />
business news and press releases.<br />
Please email gemma@cubiqdesign.co.uk<br />
WEBSITE<br />
www.iqmag.co.uk<br />
FOLLOW US ON TWITTER<br />
@<strong>IQ</strong>BusinessMag<br />
FACEBOOK<br />
www.facebook.com/iqbusinessmag<br />
Contact us<br />
0<strong>16</strong>38 666432<br />
email info@iqmag.co.uk<br />
This issue has been particularly exciting to put<br />
together, as we can finally reveal the results of iQ’s<br />
‘Top Under 30’. We asked employers to nominate<br />
an individual under the age of 30 who has made<br />
a significant impact in their career. Identifying<br />
and recognising employees is a standard approach<br />
synonymous with a successful business, whether<br />
the recognition takes the form of daily feedback,<br />
yearly reviews or, as in this case, nominating an<br />
employee for a business award. Our ‘Top under 30s’<br />
were all invited to an exclusive event at Newmarket<br />
Meeting Rooms where they were congratulated and<br />
were able to network with other like-minded business<br />
people. You can hear more about our award winners in<br />
this issue on page 15.<br />
Our last iQ quarterly networking meeting was hosted by<br />
the new Hotel Chocolat Café in Cambridge. co-founder<br />
of Hotel Chocolat, Peter Harris, was our guest speaker<br />
and gave insight into the success behind the brand. Our<br />
60-strong guest list closed pretty rapidly for this event,<br />
so if you were not successful in securing a place, you can<br />
catch up with the key notes on page 48.<br />
We are yet to schedule our next networking event. If you<br />
are a business which would like to be our host please do<br />
let me know, as we would welcome your support.<br />
Gemma Treby<br />
to receive your free issue of iq each quarter<br />
Visit www.iqmag.co.uk and sign up to the iQ database.<br />
issue <strong>16</strong> | page 5
Helping you to grow.<br />
We help businesses just like yours get<br />
the most out of their people and succeed.<br />
Find out what our specialists could<br />
do for you and your team in 20<strong>16</strong> with<br />
a free HR consultation.<br />
your hr partner<br />
call-hr.com | 0845 299 6195
iQ contents<br />
IN<br />
THIS<br />
ISSUE<br />
Gemma Treby Editor<br />
John Treby Creative Director<br />
Georgia Watson PR & Editorial Executive<br />
Sammi Nice PR & Editorial Executive<br />
Emma Ward PR & Marketing<br />
Rachel Cracknell PR & Marketing<br />
Becca Plaxton Publication Sales<br />
Lauren Eade PR & Editorial Intern<br />
Matt Cockerton Designer | Eugene Hector Designer<br />
James Willcox Designer | Adam Blythe Designer<br />
Steve Parr Designer | Sean Brkovic Designer<br />
Expert Contributors Glen Mon Hughes<br />
Jacqui Kemp | James Pinchbeck<br />
Steve Elsom | Sarah Brereton | Ryan Windsor<br />
Martin Walshe | Anne Ovens<br />
Cubiqdesign<br />
Goodwin Business Park<br />
Newmarket, CB8 7SQ<br />
0<strong>16</strong>38 666432<br />
www.iqmag.co.uk<br />
08<br />
10<br />
12<br />
15<br />
24<br />
26<br />
29<br />
31<br />
32<br />
34<br />
36<br />
39<br />
41<br />
43<br />
48<br />
50<br />
52<br />
54<br />
56<br />
61<br />
62<br />
Business Overview<br />
The Benefits of Exporting<br />
Ones to Watch<br />
Top Under 30<br />
The DNA of a Successful Family Business<br />
Diversification, Expansion and Family Values<br />
The Case for Mindfulness<br />
Should Employees be Expected to Work for Free?<br />
Taking the First Step<br />
Searching for Success<br />
Internal Communications from Day One<br />
Cambridge is where the Smart Money is<br />
Surviving the Buy To Let Crisis<br />
Business Diary<br />
Inspiration, Connections and Chocolate<br />
What does it take to make a product?<br />
Fresh from the Fenland<br />
10 Years of Amazing Spaces<br />
Switched on to Success<br />
People Power<br />
Red Pill: The Truth About Leadership<br />
issue <strong>16</strong> | page 7
iQ business overview<br />
Glen Mon Hughes looks at the impact<br />
of propaganda on the world’s economic ups<br />
and downs.<br />
There are some of us who are great surfers of social<br />
networks. The soon-to-be late-lamented Friends<br />
Reunited started off much of it all, but there seemed to be<br />
something of an innocence on that site compared to the<br />
rumours, almost bullying and personal aggrandisement,<br />
which seems to be the norm for some posters on the likes<br />
of Facebook.<br />
Log on any day, and there are critical reviews of what<br />
the Government is doing, has done, is about to do<br />
and should do. There’s economic analysis on a scale<br />
which would fill the Library of Congress every day.<br />
There are plans to make you rich ever so quickly, and<br />
then explanations as to why some nations are virtually<br />
penniless. You could also, of course, have the perfect<br />
body shape within hours, set up a multi-billion turnover<br />
business by the weekend, and solve world poverty if you<br />
send just £30 to this address...<br />
Plausible? Of course not. But then, listen to the<br />
commentators in the ‘trusted’ media. Recently, Mark<br />
Carney, Governor of the Bank of England, came under<br />
fire because he suggested that interest rates would not<br />
rise until next year. So, that’s a calamity? For so many<br />
home owners in East Anglia, where, in many parts, house<br />
prices are higher than the national average and where<br />
an interest rate rise could well presage an economic<br />
nightmare, that must be good news. Naturally, it is a<br />
calamity for those who have savings tied up in various<br />
places, and for whom an interest rate rise is welcome.<br />
So, no news isn’t always completely good news.<br />
Any one of us following the stock market will be almost<br />
bewildered by the daily rise and fall of world indices,<br />
mainly - this time - affected by two issues: the price of<br />
oil and the state of the Chinese economy. Almost gone<br />
are the days when we’d be heading for the hills if the<br />
markets dropped 200 points, since we are well used to<br />
seeing all losses wiped out again the next day.<br />
For many, the economy of East Anglia has been fairly<br />
buoyant, even during the economic nightmare of<br />
2008 and the ensuing years. Lots of small businesses<br />
have done well and they have recruited strongly, with<br />
balance sheets which would make multi-nationals green<br />
with economic envy. And there’s not really a massive<br />
dependence on oil in the region. Or is there?<br />
One commentator recently spoke about the proposed<br />
merger between Shell and BG, something which would<br />
create an economic giant which could dominate world<br />
markets. While BG has been seeing a <strong>16</strong>% year-on-year<br />
growth rate, Shell has seen prices fall as the oil price<br />
has collapsed to pre Great Recession<br />
prices. Once upon a time, this was<br />
issue <strong>16</strong> | page 8
iQ business overview<br />
seen as a good thing: motorists would be rejoicing at the<br />
drop in pump prices. But now, apparently, paying less<br />
than £1 a litre for petrol is a bad thing. And that megamerger<br />
is potentially not feasible.<br />
Put that into world context. Countries which we, in<br />
the West, regarded as mega-rich are suddenly not so<br />
wealthy. Saudi Arabia - a major export destination for<br />
British goods: sometimes controversial, but nevertheless<br />
contributing to the national income – could be heading<br />
for a financial crisis. The same is possibly true of<br />
Kuwait, Bahrain, Abu Dhabi and many other former<br />
Middle Eastern powerhouses.<br />
And then there is the Chinese scenario. Stock markets<br />
have see-sawed at a vertiginous pace every time there<br />
is the tiniest hint of something not quite right with the<br />
Chinese economy. There’s been much criticism of the<br />
way Chinese steelmakers have dumped their product on<br />
the world market. While job losses in the UK may not<br />
have directly affected the East Anglian economy, ports<br />
like Felixstowe might feel the chill winds if there is a<br />
European tariff placed on Chinese steel.<br />
So, just as we all might have felt that things were getting<br />
better, those doom-mongers on social media might<br />
not have been altogether wrong.<br />
There are problems on a global<br />
scale. The reasons for these are<br />
legion. But, just as for years,<br />
East Anglian businesses have been clever in seeing<br />
perhaps rather further into the future than perhaps<br />
some others, this might be the time to move to an even<br />
stronger position. Small businesses, occupying niche<br />
markets, have done well in most parts of the region.<br />
They’ve pushed their balance sheets ever more into<br />
positive territory and they have recruited new<br />
workers. That does a great<br />
deal to mitigate the<br />
ominous news stories<br />
which are piling up<br />
relentlessly.<br />
In places such as<br />
Cambridge,<br />
some highly<br />
specialised<br />
industries doing<br />
things that no-one<br />
else worldwide does,<br />
are thriving. So all<br />
that world-class research<br />
which is being converted<br />
into unassailable business<br />
opportunities is proving its<br />
worth.<br />
Just putting a few of those facts<br />
out there on social media may<br />
not be a bad thing.<br />
Countries<br />
which we, in the<br />
West, regarded<br />
as mega-rich are<br />
suddenly not so<br />
wealthy<br />
More Information<br />
www.iqmag.co.uk<br />
issue <strong>16</strong> | page 9
iQ exporting<br />
The Benefits of<br />
Exporting<br />
Steve Elsom, Regional Director,<br />
SME Banking, East England,<br />
Lloyds Banking Group, gives an<br />
insight on how to get the best<br />
return from exporting<br />
International marketplaces offer vast opportunities<br />
for businesses, and firms in the East of England are<br />
encouraged to consider the benefits of exporting to<br />
remain competitive and generate long-term growth.<br />
Carving out a new avenue of income is essential for small<br />
and medium-sized businesses to expand, and in certain<br />
sectors such as food and drink, for example, there is high<br />
demand across the world for British brands and products.<br />
The latest Office for National Statistics (ONS) figures<br />
revealed that exports were at £42.2bn in November,<br />
and, whilst this is a drop of 1.2% on the previous month,<br />
growth opportunities remain in foreign markets. Indeed,<br />
figures from our recent Business in Britain research show<br />
that 43% of businesses in the East of England expect<br />
their exports to go up over the next six months.<br />
Trading overseas can appear daunting, particularly for<br />
first-time exporters if there is uncertainty over what steps<br />
to take. To avoid missing out, we have created five top<br />
tips to help businesses understand the processes involved.<br />
Select a target market<br />
For some firms that are considering exporting,<br />
the potential target markets can be clear,<br />
with demand for certain products and<br />
services higher in some regions than others.<br />
However, for those who don’t know where to start,<br />
the prospect of searching for partners and contacts<br />
in a specific target market can be overwhelming.<br />
Accessing support from local organisations can help,<br />
and UK Trade & Investment (UKTI) provides an<br />
Overseas Market Introduction Service that introduces<br />
first-time exporters to key contacts and provides<br />
guidance on how to conduct<br />
business in that market place.<br />
Create a clear business plan<br />
Having a well-thought-out business plan that realistically<br />
reflects a firm’s financial situation will enable a company<br />
to grow at a manageable rate, giving them specific<br />
timeframes to invest, hire new staff, or increase production.<br />
Not creating a business plan can leave companies at risk<br />
of overtrading, resulting in the firm having insufficient<br />
cash flow to meet day-to-day business costs.<br />
issue <strong>16</strong> | page 10
Have the correct finance package<br />
There is a range of products available to help<br />
support businesses looking to export for the first time,<br />
including currency payment solutions that allow firms<br />
to process regular foreign payments securely, quickly<br />
and economically. As part of our SME Charter we<br />
have pledged to help boost exports by growing our<br />
provision of trade finance by 25% to UK businesses.<br />
Outstanding invoices can put pressure on a business’<br />
cashflow, and the average East of England SME<br />
is currently owed more than £105,450. Invoice<br />
finance can help cure the headache caused by late<br />
payments, allowing firms to access cash tied up in<br />
unpaid invoices by effectively selling their order<br />
book to a third party. At Lloyds Bank we<br />
enable customers to release up to 90%<br />
of the issued invoices within 24<br />
hours, allowing them to<br />
invest money quickly<br />
into the business<br />
if required.<br />
More INFORMATION<br />
Steve Elsom, Regional Director, SME Banking,<br />
East England, Lloyds Banking Group<br />
steve.elsom@lloydsbanking.com<br />
@steveelsom1<br />
iQ exporting<br />
“As part of our SME<br />
Charter we have pledged to help<br />
boost exports by growing our<br />
provision of trade finance by 25%<br />
to UK businesses.”<br />
Make sure the business is protected<br />
Before a company enters into any contracts it is vital that<br />
all terms and conditions are clear, and that all parties<br />
understand the lead time between products or services<br />
being received and payment. Putting good accounting<br />
practices in place should help firms to identify if a<br />
payment has been missed and prepare additional credit<br />
accordingly. It is also essential that owner-managers<br />
protect their firm against all eventualities, running<br />
credit checks on potential customers, and taking out<br />
insurance so that if a company fails to pay, or enters into<br />
administration, they are fully protected.<br />
Take advice <br />
Throughout the exporting process, it is guaranteed that<br />
a firm will experience challenges. Seeking advice from<br />
exporting specialists at all stages will help firms deal<br />
with these issues. We have a strategic partnership with<br />
UKTI to support the UK’s export ambitions and provide<br />
insight, guidance and introductions. Speaking to a trusted<br />
financial advisor throughout the whole process will also<br />
enable firms to access a range of guidance and financial<br />
products that are suited to their specific business needs,<br />
helping to make their first steps into exporting a positive<br />
experience.<br />
As this article goes to print, the debate around the<br />
EU referendum has begun, and currency markets are<br />
showing some volatility. A weaker £ means exports can<br />
become cheaper for overseas buyers and therefore activity<br />
and transaction numbers may increase.<br />
Trading internationally - whether that be close to home<br />
within the Eurozone, or further afield in the Far East or<br />
the Americas - can lead to significant sales growth and<br />
the creation of new jobs. Overall confidence in the East<br />
of England remains close to its record highs and above its<br />
long-term average, and we are committed to supporting<br />
businesses with ambitions to enter overseas markets to<br />
boost exports from the region.<br />
issue <strong>16</strong> | page 11
iQ business profiles<br />
Ones to<br />
watch<br />
Continuing our insight<br />
into Grant Thornton’s<br />
Cambridgeshire Ltd 2015,<br />
iQ looks at the businesses<br />
that have been<br />
highlighted as the<br />
‘Ones to Watch’<br />
Phillip Blackford<br />
Partner and Head of<br />
Rapleys’ Automotive & Roadside<br />
In brief - Your company’s<br />
history and current positioning<br />
For more than 60 years, our disciplines include<br />
Agency, Development, Corporate Real Estate,<br />
Lease Consultancy, Investment, Town Planning,<br />
Building Consultancy and Project Management,<br />
Valuation, Compulsory Purchase and Compensation,<br />
Sustainability, Rating and Strategic Land. Specialist market<br />
sectors include Automotive and Roadside, Retail and Leisure,<br />
Business Space and Healthcare. The team currently comprises of<br />
38 Partners and in total approximately 158 employees.<br />
What changes have you seen in your business sector over the<br />
last three years, and how have you adapted to overcome these?<br />
The last three years have been challenging in terms of pressures on margins<br />
and recruiting and retaining key staff. Further challenges have been the<br />
increasing pressure to comply with legislation and to satisfy tender processes.<br />
To overcome this we have gained and maintained accreditations in Environment<br />
(ISO14001), Health and Safety (ISO18001) and Quality (ISO9001) and are currently<br />
working towards gaining Investors in People accreditation.<br />
We have increased the training budget to ensure personnel have up to date knowledge of the<br />
current market and have also invested heavily in IT in order to increase efficiency of back office<br />
systems. In addition Rapleys has significantly increased its marketing expenditure to facilitate a<br />
rebrand of the business and an updated website which will be unveiled in May 20<strong>16</strong>.<br />
Can you share Rapleys’ strategy for the next five years?<br />
Rapleys is currently undertaking a major drive on mergers and acquisitions which, combined with organic<br />
growth, feeds into a short term aim to double its turnover within five years.<br />
issue <strong>16</strong> | page 12
Simon Lindley<br />
Commercial Director Real Estate for Cambridge and Counties Bank<br />
iQ business profiles<br />
In brief - The business history and story of growth<br />
The Bank was formed in 2012 when the two private shareholders,Trinity Hall College,<br />
Cambridge and Cambridgeshire Local Government Pension Scheme, obtained the banking<br />
licence and we opened the doors to lend. Built on a culture of offering to investors a<br />
combination of high quality service with simple property based lending products (and<br />
no cross selling), we have grown in just over 3 years from those early days of nine staff<br />
to nearly 100 with five offices and a lending book of over £450m.<br />
Harry Norman<br />
Managing Director at OAL<br />
In brief - The business’<br />
history and story of growth<br />
I established Olympus Automation Ltd (OAL)<br />
in 1993. The company originally specialised in<br />
automation and has now grown to include turnkey<br />
engineering solutions for food manufacturing.<br />
We have a strong customer base in the UK food industry,<br />
including high profile names such as Allied Bakeries, Heinz<br />
and Premier Foods, and are continuing to gain new customers<br />
from all around the world. At OAL we design and automate food<br />
manufacturing systems right from the initial raw material feeds,<br />
through processing and on to final packaging, including offering 24hr<br />
service and support for clients.<br />
Can you share your strategy for<br />
growth over the next three to five years?<br />
After three years of significant growth and success, we have no plans to<br />
stand still, but it is important that the bank doesn’t lose focus on how<br />
this success has been achieved. We will continue to grow our lending<br />
book by a steady amount each year, whilst opening new offices in<br />
locations where we can best service our clients and where we<br />
are able to recruit the right calibre of staff.<br />
Can you define your target client?<br />
How do you market your business?<br />
Our target clients are experienced property<br />
investors who understand that price isn’t<br />
everything, and therefore we market ourselves<br />
as a specialist property lender with a<br />
service-based offering. We don’t see any<br />
point in being another vanilla style<br />
lender with inexperienced staff who<br />
follow tick box processes.<br />
Over the last five years, we have pursued a strong innovation agenda, bringing<br />
new food processing technologies and winning many awards along the way. OAL<br />
has led two Innovate UK projects, both with values c. £1million, researching their<br />
Steam Infusion technology for advanced heating and mixing and cryogenic cooling.<br />
What company and personal values are at the core of your company?<br />
Success comes from bringing together unique sets of expertise in people to deliver fantastic<br />
projects for our customers. The company has never failed to deliver for a customer, and this is<br />
critically important in building trust and in the adoption of new technologies.<br />
What does 20<strong>16</strong> look like for the OAL group?<br />
Very exciting! The launch of a fully automated flexible manufacturing cell with robotic chefs will happen<br />
in April. The launch will kick off with an event where we will invite press, retailers, manufacturers, academics<br />
and robotic experts to educate them on the possibilities of robotics in food manufacturing.<br />
Article by Gemma Treby<br />
issue <strong>16</strong> | page 13
The Northgate Business Centre hosted by The Bury St Edmunds Farmers<br />
Club, is the business hub within the heart of Bury St Edmunds. Bespoke<br />
meeting rooms offer an abundance of character, history and charm.<br />
From small board meetings to large theatre style seminars.<br />
We can offer a dedicated dining experience, anything from a<br />
conference platter to individually priced and prepared menus.<br />
Our Chefs can provide a range of choices to suit all requirements and<br />
tastes. Various business memberships are available.<br />
Contact us for an informal look around our club<br />
01284 750969 | frontofhouse@bsefc.co.uk | www.bsefc.co.uk
iQ diary<br />
top<br />
We believe that nothing is more important to<br />
the future of business than the next generation<br />
of talent. We want to celebrate the ambition,<br />
passion and enthusiasm of our region’s rising<br />
stars by profiling their careers and tracking<br />
their future successes. From a whole host<br />
of backgrounds across Cambridgeshire and<br />
Suffolk, meet our Top Under 30 winners.<br />
under 30<br />
issue <strong>16</strong> | page 15
iQ top under 30<br />
Matt Abbott<br />
Matt Abbott is Managing Director and Head Coach<br />
at Elatus Sports which he launched in 2013. Prior to<br />
starting the business, he obtained a Masters’ in Sports<br />
Management and worked for the Warwickshire Cricket<br />
Board. Matt has always been involved in sport and knew<br />
that the career path he would follow would be linked<br />
to the local community. He is in charge of all the day<br />
to day management of the business, including strategic<br />
planning and business development, coaching sports<br />
sessions, sales, marketing and financial management.<br />
He particularly values experiencing first-hand the<br />
difference the company makes to disabled and vulnerable<br />
people’s lives and says that, “It’s very rare not to finish a<br />
session without having shared a laugh with one of our<br />
customers.”<br />
Philippa Artus<br />
Marketing and Projects<br />
Executive, Philippa Artus,<br />
joined Cambridge BID in<br />
2014. She graduated from<br />
University of East Anglia in<br />
2013 with First Class Honours in Business Management<br />
and moved to Melbourne, Australia for a year to work<br />
at SPRIM Brand Strategy & Design as an Account<br />
Executive.<br />
At Cambridge BID she is responsible for all digital<br />
platforms such as the website, social media and newsletters<br />
as well as supporting the Marketing and Commercial<br />
Manager. Since joining the company, Philippa has grown<br />
the company’s social media platforms greatly, including a<br />
600% increase in Twitter followers for which she is solely<br />
responsible for. She enjoys juggling new projects and<br />
creating positive relationships with businesses which she<br />
says is a particularly rewarding part of the job.<br />
Michael adams<br />
Michael joined Lloyds<br />
Banking in 2008, straight<br />
after finishing Sixth Form. As<br />
Relationship Manager, he is<br />
responsible for the accounts<br />
of approximately 120 groups of businesses, providing<br />
them with sufficient financial solutions and support.<br />
Michael thrives off helping the businesses he deals with<br />
grow, and structuring lending deals. He credits his current<br />
role at the company as his greatest achievement and thanks<br />
his ambitious nature for getting him there. His aspirations<br />
have changed a great deal since his dreams of becoming<br />
a footballer when he was younger. Now, Michael says that<br />
he would love to work abroad in Florida.<br />
Megan Ashdown<br />
Megan joined BJ Waller in February 2011, where she<br />
worked as an Admin Assistant dealing with chasing and<br />
updating customers’ orders, sending purchase orders<br />
to suppliers, filing, inputting invoices and dealing with<br />
customer returns. Promoted to Sales and Marketing<br />
Executive in 2013, she now takes quotes and orders,<br />
manages the businesses social media and designs product<br />
brochures for the company. Megan is also Sales Manager<br />
for the East Anglia area, and loves the variety that her job<br />
brings. She credits Luke and Simon for believing in her<br />
enough to promote her to her current position. Megan<br />
says she would love to work in Thailand so she could visit<br />
the beach on her lunch break each day.<br />
issue <strong>16</strong> | page <strong>16</strong>
iQ top under 30<br />
Callum Bradley<br />
Callum joined familyrun<br />
business, Dufaylite, in<br />
2013 as a 3D Designer and<br />
Artworker after studying<br />
Product Design at Brunel<br />
University. He is responsible for creating production<br />
files for completely bespoke products as well as standard<br />
Dufaylite products. He also provides design guidance and<br />
gives input on the feasibility and possible approaches to<br />
a brief or project. Ensuring that a design will work first<br />
time provides a challenge and good awareness of the<br />
production process. Creating new bespoke designs for a<br />
product that already exists in the market means Callum<br />
must have a vision for the product. Callum says he enjoys<br />
the relaxed atmosphere and constant communication<br />
which makes for less of an inter-departmental division.<br />
Sadie Burton<br />
After leaving university and<br />
a short stint as a supervisor<br />
in retail, Sadie made the<br />
move to Brides by Solo in<br />
2013. Assisting brides with<br />
choosing their perfect dress<br />
and making dress alterations, a very specialist skill, is all<br />
part of Sadie’s role in the business. Sadie has been a key<br />
player in increasing shop sales, forecasting a 35% rise<br />
in sales for the year 2015-20<strong>16</strong>. Her determination has<br />
meant that she has worked her way up from Apprentice<br />
to Assistant Manager in just two years. She loves working<br />
closely with the brides, tailoring dresses to their needs and<br />
building relationships with clients. Attending the bridal<br />
catwalk fashion shows is another passion, especially<br />
as she’s choosing the dresses brides will be wearing<br />
that year.<br />
Joe Carrisi<br />
Joe joined Selfie Clothing in 2015 and says he hasn’t<br />
looked back. He worked in retail for over 10 years at<br />
Sainsbury’s during which he progressed from cashier<br />
to running a department. Under his management, he<br />
helped to increase the orders in the online delivery<br />
department from 350 to over 1,000 orders per week. At<br />
Selfie Clothing he is involved in managing the company’s<br />
social media accounts, following up on new ideas and<br />
markets, dealing with customers, printing and packaging.<br />
He says that whatever needs doing, he’s always happy to<br />
get stuck in and help and sees every day as an opportunity<br />
to learn and develop his skills. If he were to live anywhere<br />
else in the world, he would choose Italy.<br />
Hattie Carter<br />
Whilst in education, Hattie<br />
joined WildTracks aged<br />
<strong>16</strong> as a weekend assistant.<br />
She is now responsible for<br />
advertising and marketing,<br />
admin, bookings, customer care, recording and balancing<br />
of takings, team leading and organising of staff. As well<br />
as ensuring smooth running of the business and problem<br />
solving, she also ensures customer satisfaction during<br />
the busiest time, at the weekends. Hattie says she loves<br />
working alongside her team and with customers. She is<br />
passionate and determined to continuously create and<br />
develop new ideas to expand the business. Constantly<br />
working hard, enjoying overcoming challenges and being<br />
herself is something which she says has provided her<br />
with opportunities and responsibilities in her position at<br />
WildTracks.<br />
issue <strong>16</strong> | page 17
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iQ top under 30<br />
Natasha Clarke<br />
Natasha joined research<br />
and marketing agency<br />
Mackman, in 2013, after<br />
graduating from university<br />
with a degree in Marketing<br />
and Advertising. She originally attended Central Saint<br />
Martins in London to study Fine Art for a year but quickly<br />
realised that art was more of a hobby. After a placement<br />
year working at international automotive brand, Citroën,<br />
Natasha graduated and moved to Sudbury where she<br />
began an internship with Mackman. As of 2015, she<br />
was promoted to Brand and Communications Manager.<br />
Natasha says she enjoys working with clients from a whole<br />
host of different industries. Learning new things and<br />
understanding how different industries work in regards to<br />
the customers they have and the challenges they face is of<br />
particular interest to her.<br />
Duncan Darroch-Thompson<br />
Duncan Darroch-Thompson founded the Jacaranda<br />
UK Foundation in 2015 after spending the summer of<br />
2014 volunteering at the Jacaranda School for Orphans<br />
in Malawi, the only entirely free primary and secondary<br />
school in the country. Jacaranda UK Foundation is a UKbased<br />
charity supporting free education for Malawian<br />
children orphaned by AIDS. Duncan says he loves seeing<br />
how generous people can be when they realise the impact<br />
their money can have, and watching that money make a<br />
tangible difference in Malawi. If he could work anywhere<br />
in the world he would choose Shanghai, and luckily for<br />
him he soon will be, as he is soon to move there to work.<br />
Andrew Cooper<br />
Partner at Greene & Greene Solicitors, Andrew Cooper,<br />
trained and worked for a law firm in Norwich for a<br />
number of years after completing his degree and legal<br />
studies. In 2012 he moved to Greene & Greene in Bury<br />
St Edmunds, where he advises business clients on a<br />
range of legal matters. Dealing with local, national and<br />
international businesses of all sizes, he provides advice<br />
on commercial contracts, company law procedures,<br />
fundraising and setting up new companies or partnerships<br />
amongst other things. Andrew says he’s been fortunate in<br />
business and working with such a variety of people means<br />
that he learns lots about different industries and sectors of<br />
the economy which he is passionate about.<br />
Lucy Cronin<br />
Lucy launched her Personal<br />
Training and Bootcamp<br />
company, 365Motivate, in<br />
2013. She had previously<br />
been working at Moreton<br />
Hall Health Club as a Fitness<br />
Instructor but saw an opportunity to create her own<br />
company. As the business owner, she runs all one-to-one<br />
sessions and four morning and evening bootcamp sessions<br />
per week. She also offers 24/7 support, nutritional<br />
guidance and motivation. She loves to see people’s<br />
progress and finds watching the transition her clients<br />
make whilst with her, very rewarding. Last summer,<br />
365Motivate hosted a family fun day which Lucy<br />
organised herself. The day had dance stalls, martial arts,<br />
zorbing and bootcamp and raised £300 for St Nicholas<br />
Hospital and says it’s one of her proudest achievements.<br />
issue <strong>16</strong> | page 19
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iQ top under 30<br />
Dan Driver<br />
Dan joined Morris Armitage<br />
in February 2012 after<br />
having previously worked as<br />
a labourer for a bricklaying<br />
firm with no prior knowledge<br />
of estate agency. He now works in sales and is responsible<br />
for sales progression and negotiating offers between<br />
buyers and sellers. On top of this he operates external<br />
appointments, viewings and valuations which he says is<br />
a constant juggling act but one which he enjoys. Giving<br />
people the keys to their new home after what is quite often<br />
a very stressful journey is an incredibly satisfying part of<br />
the job for him. Being motivated and driven, Dan says he<br />
always likes to look to the future and tries to improve on<br />
the previous month’s results.<br />
Louis Fairfax<br />
Louis’ drive to succeed<br />
was clear from a young<br />
age when he secured a<br />
management position in<br />
retail after leaving school,<br />
where he was leading teams at just 17. He joined CUB<br />
UK in 2005 and in 2012 was promoted to the company’s<br />
Managing Director. He is involved with the creation,<br />
planning and management of their strategic plan and<br />
has overall operational responsibility, leading multiple<br />
projects within the business. He loves to see his team<br />
succeed and making a difference within the company<br />
with an unorthodox approach. Since becoming MD, he<br />
has modernised the business by rebranding, introduced<br />
a unique package based service structure, a customer<br />
promise, and now measures the company’s performance<br />
against values through a KPI structure, achieving the<br />
ISO9001 standard last year.<br />
Amy Heaslip<br />
Amy joined Good Sense<br />
Research based in Bury<br />
St Edmunds in 2014,<br />
after previously working<br />
as a Freelance Interpreter<br />
and Translator. She now manages marketing for both<br />
companies but predominantly works for Good Sense,<br />
which conducts consumer research using many different<br />
techniques. She loves the variability that comes with<br />
the job, as every project is unique and the dynamic,<br />
driven and passionate group of people that she works<br />
with. Working hard, Amy has recently secured a big<br />
industry player in Switzerland which she regards<br />
as one of the biggest achievements of her career.<br />
She says that it represents a massive opportunity for the<br />
company moving forwards.<br />
Samantha Hills<br />
Samantha joined Discover<br />
Newmarket as Administrator<br />
in 2015. She was born and<br />
bred in Newmarket and has<br />
been involved in racing since<br />
she was young. After working in the beauty industry for<br />
four years, she missed horse racing and is now happy to<br />
share her passion of the sport in her work life. Samantha<br />
is responsible for all day-to-day management and<br />
administration of the tours, from getting people booked<br />
on, to coordinating the venues and liaising with tour<br />
guides. She loves showing people how unique Newmarket<br />
is and seeing people’s reactions when they are taken on<br />
the tours. She works closely with customers to really<br />
personalise their visits, making dreams a reality for them<br />
by creating an unforgettable, unique experience.<br />
Ben Hutton<br />
Ben is company owner<br />
of Ben’s Restaurant in<br />
Bury St Edmunds, which<br />
he launched in 2014 after<br />
leaving university. He opened<br />
the restaurant with the aim<br />
of serving traditional British dishes sourced with local<br />
produce including their hand-reared pork from their<br />
farm. Ben says he loves being able to talk to people about<br />
the importance of using local and seasonal produce<br />
and knowing where your food comes from. Opening<br />
the restaurant has been Ben’s greatest achievement and<br />
with the focus on locally sourced produce, the business<br />
encapsulates all of his ambitions and beliefs. His passion<br />
has really driven the business to where it is today and Ben<br />
says that he loves being based in Bury.<br />
issue <strong>16</strong> | page 21
iQ top under 30<br />
Adil Khokhar<br />
Adil and his father took over CBS Automotive in August<br />
2013. At just 18, Adil had already launched a cycling<br />
product to the Cambridge market and always wanted a<br />
career in business. He is currently studying International<br />
Business Management at the University of Lincoln<br />
alongside working at CBS Automotive. His role involves<br />
report analysis, management decisions and helps drive<br />
the growth of the company. He enjoys being able to build<br />
strategies that will directly grow and build the business<br />
and his hard-working attitude has allowed him to do so.<br />
His greatest achievement to date has been studying at<br />
Chongqing Technology and Business University in China<br />
and learning about Chinese business culture as well as<br />
gaining a good understanding of Mandarin.<br />
Lucy Pettitt<br />
Lucy started her business,<br />
Lucy’s Locks, in 2014.<br />
Having initially studied<br />
fashion and textiles, Lucy<br />
then followed her passion to<br />
become a stylist and worked in salons, and could not help<br />
but notice there was scope to own a business for herself.<br />
She says it’s great to get back to doing what she loves<br />
independently, with a bit of life experience behind her.<br />
She finds meeting new clients and seeing them return<br />
particularly rewarding and loves making people feel good<br />
about themselves. Keeping up her online presence as<br />
well as arranging and managing her day to day diary of<br />
clients is all part of her job and hopes that her biggest<br />
achievement is still ahead of her.<br />
Kallum Outram<br />
Kallum joined GoGlass in<br />
January 2014 following his<br />
previous work as an aquatic<br />
landscaper. Within his role<br />
he has to organise and<br />
distribute work to the team<br />
and says that he really enjoys being able to help and<br />
advise people whenever they need it. His job requires<br />
a variety of different skills which he says is one of the<br />
most challenging and enjoyable parts of working at<br />
GoGlass. Aside from work, Kallum has bought his own<br />
house to renovate at just 22, stating it as one of his biggest<br />
achievements to date. His creative side has helped him to<br />
progress in life and if he could work in any country in the<br />
world, he says he would choose Australia.<br />
Lorna Pissarro<br />
Lorna is Director of Stuart Inns, a family-run business<br />
which started in 2011 and has expanded to own three<br />
restaurants/hotels. After obtaining a First Class Honours<br />
degree in Fine Art, she struggled to find her dream job<br />
as a filmmaker and settled for being a waitress in a local<br />
Gastro Pub, back at home in Suffolk. This experience<br />
was valuable to her future business venture which she<br />
began with the help of her brother and father. Creative<br />
and conscientious, Lorna has a very hands on approach<br />
to the day to day running of the restaurants but loves the<br />
marketing side of the business. The business has been<br />
accolated five stars for their accommodation and two<br />
Rosettes for their food, recognising Lorna’s hard work.<br />
issue <strong>16</strong> | page 22
iQ top under 30<br />
Thady Senior<br />
Following his degree in<br />
Dublin, Thady worked parttime<br />
at Jacobs Allen before<br />
joining the company fulltime<br />
in 2014, where he is<br />
now Marketing Manager. Within the company, Thady<br />
is in charge of managing their marketing strategy and<br />
budget, creating promotional material, overseeing<br />
website content, managing brand image, IT planning and<br />
implementation and events management and planning.<br />
With an ambitious nature, he enjoys making a difference<br />
to the company and benefitting the community, something<br />
that he did when taking over sponsorship of the annual<br />
Accumulator Challenge for St Nicholas Hospice. He is<br />
currently organising a week-long photographic exhibition<br />
of Tom Murray’s works including his world famous<br />
Beatles collection. Now based in Bury St Edmunds, he<br />
says he would love to work back in his university town<br />
of Dublin.<br />
Georgia Takacs<br />
Georgia founded Noel Road,<br />
a health and wellbeing<br />
company, alongside her<br />
mother, Amanda, in 2014 and<br />
began trading in 2015. She<br />
studied English Literature at Queen Mary University of<br />
London, with an initial dream of making it big in fashion<br />
journalism. After a couple of small jobs at university, she<br />
found the courage to pursue entrepreneurship. Now she<br />
is responsible for running her own business including<br />
operations, marketing, finance and admin. She says<br />
the thing she loves most about her job is the creative<br />
freedom and is happy constantly learning, expanding her<br />
knowledge and pushing herself out of her comfort zone.<br />
Having the kind of meaningful professional and personal<br />
goals that she does now is something she credits as one of<br />
her biggest achievements.<br />
more information<br />
For further details on our Top Under 30 winners<br />
visit www.iqmag.co.uk and follow us on Twitter<br />
@iQBusinessMag<br />
Joe Whitehead<br />
Joe joined Bury St Edmunds based web technology<br />
company ‘Marketing Interactive UK’ in 2013 whilst<br />
studying for his degree. His role at ‘mi’ is multi-faceted;<br />
configuring and building CMS and eCommerce<br />
websites, resolving technical issues, helping to advise<br />
customers with their queries and providing the company’s<br />
daily soundtrack through broadcasting his legendary<br />
playlists! One of his career highlights to date has<br />
been developing a site which took home the ‘Best Website’<br />
award at the ‘Print, Design & Marketing Awards 2014’.<br />
In addition to his role in web development, Joe volunteers<br />
as a special sergeant with Suffolk constabulary for which<br />
he has received several notable commendations. If Joe<br />
was to work anywhere else in the world it would be from<br />
a cabin overlooking a fjord in Norway.<br />
Ryan Windsor<br />
Ryan started Windsor<br />
Properties in 2007 when he<br />
was just 18, after spotting a<br />
gap in the property market.<br />
He ran the business whilst<br />
studying IT and Software Development at West Suffolk<br />
College in Bury St Edmunds. Now he sets the strategic<br />
direction for the company, helping the business grow and<br />
he says he loves seeing the company turn a house into a<br />
home and the difference this to make to a families lives.<br />
He also joined the World Economic Forums Global<br />
Shapers Community Cambridge Hub, alongside<br />
passionate, intelligent and brilliant young leaders. His<br />
ambitions were clear from a young age and with his<br />
grandad’s words of “you should live to work, not work to<br />
live” alongside Ryan’s relentless drive, he and the business<br />
have become a success.<br />
issue <strong>16</strong> | page 23
iQ advice<br />
DNA of a successful family business<br />
James Pinchbeck, Marketing Partner, Streets<br />
Chartered Accountants, explores the<br />
10 characteristics of those running a successful<br />
family business<br />
More Information<br />
www.streetsweb.co.uk<br />
Streets Chartered Accountants<br />
Over the last few months we have, as a<br />
firm, been working closely with a broad<br />
cross-section of family businesses,<br />
including some very long established<br />
ones and some still relatively young.<br />
For this work, our definition of a family<br />
business has simply been a business<br />
that has been owned and managed by<br />
more than one generation of the same<br />
family and/or a business that has more<br />
than one member of the same family<br />
sharing ownership and being actively<br />
engaged in its day-to-day operation.<br />
As part of our work and interest in<br />
the DNA of a family business, we<br />
have been looking at what might<br />
characterise or determine the success<br />
of such enterprises.<br />
It would seem that there are 10<br />
characteristics or aspects that they<br />
have in common:<br />
issue <strong>16</strong> | page 24
iQ advice<br />
1 7<br />
Family members engaged in the business today have<br />
often worked in and for other organisations, often<br />
in a variety of roles and often in senior roles. This, in<br />
part, has helped them bring new work approaches and<br />
management techniques to their own family business.<br />
2<br />
Where there is more than one family member<br />
in the business, they have agreed roles based on<br />
best fit of skills and experience. The ability to agree<br />
roles and responsibilities tends to help remove personal<br />
and emotional conflict, and often leads to the most<br />
appropriate family member undertaking roles for which<br />
they are best suited.<br />
3<br />
Often, there is a non-family member on the Board<br />
who provides a dispassionate viewpoint and brings<br />
specialist skills to the table. In some cases, we have seen<br />
Boards made up of nearly all non-family members. Some<br />
of the most effective Boards often have a non-family<br />
member as the Board Chairman, someone who they all<br />
respect but who is not influenced by, or tied up with, the<br />
family politics.<br />
4<br />
They are as passionate today about the business<br />
as their forefathers or foremothers. With an<br />
often overriding sense of custodianship and respect for<br />
previous generations, many second, third and even eighth<br />
generation businesses are keen to ensure the business<br />
continues and thrives well into the future.<br />
5<br />
Whilst more corporate enterprises may focus<br />
on optimising financial returns each year, or for<br />
shorter periods of time, family businesses are often more<br />
concerned about sustainability and continuity. For them,<br />
it is as important to be around for the next generation and<br />
the one after that.<br />
6<br />
They are innovative and responsive to the market and<br />
customer needs, often with high levels of customer<br />
service and satisfaction. Many of the businesses we have<br />
come across are as innovative today and as responsive to<br />
change as they were when they were founded, with the<br />
pride and passion for what is done very much at the heart<br />
of good customer service.<br />
They are as likely to talk about business at Sunday<br />
lunch as they are to talk about football, rugby, politics<br />
or soap operas. Whilst the discipline or more structured<br />
business and Board meetings may become the norm,<br />
it is not untypical for a decision or conversation about<br />
the business to be made in a more social family setting.<br />
Understandably, it is not easy for business and family to<br />
be decoupled, especially where a business is very much a<br />
part of the family.<br />
8<br />
We are seeing a growing number of next generation<br />
or younger family members coming in to the<br />
business following a broad education, with them often<br />
having obtained a degree or similar qualification. We<br />
are also seeing a number of family members taking part<br />
in an external programme or course around business<br />
management etc., e.g. the Goldman Sachs 1000 or<br />
an MBA, or even attending Harvard. Equally, they<br />
are likely to engage with or seek external advice either<br />
from professional advisers or through business support<br />
programmes.<br />
9<br />
Recognising their own strengths and shortfalls in the<br />
team, many family businesses often employ people<br />
who can do specific jobs or execute a management role<br />
better than they can, so that they can focus on where they<br />
can be more effective and profitable.<br />
10<br />
Whether this is a surprise or not, many of those<br />
running their own family business could have<br />
earned more working for someone else. However, the<br />
rewards, pride and freedoms connected with running,<br />
or being a part of a family business, are often a greater<br />
reward.<br />
Whilst these 10 characteristics are not<br />
necessarily an exhaustive or definitive list of<br />
why family businesses are successful or special,<br />
certainly from a business and advisory role,<br />
they help us to understand aspects of strategic<br />
planning and financial reward.<br />
issue <strong>16</strong> | page 25
The Family Directors Carmella, Robert, Tamara,<br />
Jonathan, Susanna (from left to right)<br />
iQ business profile<br />
iQ Business<br />
<strong>Magazine</strong> speaks to<br />
Tamara Unwin from<br />
Stoke by Nayland<br />
Hotel, Golf & Spa<br />
Diversification,<br />
Expansion and Family Values<br />
Stoke by Nayland Hotel, Golf &<br />
Spa, on the Suffolk/Essex border,<br />
is part of a multi award-winning,<br />
family-owned enterprise, the<br />
Boxford Group, which began<br />
as a 120-acre apple farm in the<br />
1930s. Originally diversifying the<br />
farm to create the Stoke by Nayland<br />
Golf Club, owners Bill and Devora<br />
Peake branched out from fruit<br />
growing and arable farming nearly<br />
45 years ago. Since 1999, the next<br />
generation of the Peake family has<br />
substantially expanded the Golf<br />
Club into a thriving resort which,<br />
together with the two established<br />
championship courses, encompasses<br />
an AA 4-star 80-bedroom hotel,<br />
five luxurious self-catered country<br />
Entrepreneurs, Bill and Devora Peake<br />
lodges, a state-of-the-art Spa<br />
and Fitness centre and extensive<br />
conference facilities. The complex<br />
also attracts 800 golf and 1,200<br />
leisure members and has won both<br />
the 2015 Best Hotel, and Best<br />
Business Tourism Venue categories<br />
in the VisitEngland county awards<br />
– and is a finalist for the national<br />
VisitEngland awards, announced<br />
in March. The company has also<br />
won the 2015 BALE award for<br />
Best Green Enterprise through its<br />
huge investments in an AD plant,<br />
Biomass and PV resources, so that<br />
the business is almost totally selfsustainable.<br />
Now managing director, Susanna<br />
Rendall, works with her brother<br />
Jonathan, son Robert and sisters,<br />
Tamara Unwin and Carmella<br />
Meyer, all as Group Executive<br />
Board Directors of the business.<br />
We spoke to Tamara, Marketing<br />
and PR Director, about the history,<br />
growth, expansion and success<br />
of the business from its humble<br />
beginnings to award-winning status.<br />
Tamara explained that neither Bill<br />
nor Devora came from farming<br />
backgrounds; Devora found<br />
herself with the apple farm after<br />
she divorced her first husband<br />
who left the farm to her. She then<br />
met Bill, who was keen to end his<br />
involvement in wartime activities<br />
and focus on putting his energy into<br />
producing wholesome food for the<br />
country. The farm produced apples,<br />
arable crops and vegetables as well<br />
as cheeses from its dairy herd.<br />
In the 1960s, Devora and her<br />
husband made the expansion into<br />
the apple juice business after EU<br />
laws restricted farmers from selling<br />
small or irregularly-shaped apples.<br />
Making the most of their unsaleable<br />
but good quality produce, the family<br />
Stoke by Nayland Hotel, Golf & Spa<br />
viewed from the 18th tee, and one of<br />
the luxurious Country Lodges.<br />
issue <strong>16</strong> | page 26
They were confident<br />
about taking huge<br />
risks to make<br />
their DREAMS INTO<br />
a reality, because<br />
they really believed<br />
that they would<br />
succeed.<br />
founded the well-known apple juice<br />
company Copella, whose brand<br />
name, Tamara explained, was a<br />
combination of the Cox’s Orange<br />
Pippin apple (COP) and the name<br />
of the family’s youngest daughter,<br />
Carmella.<br />
Tamara credits the couple’s success<br />
in business to their complementing<br />
personalities, passion and drive.<br />
Coming from relatively poor<br />
backgrounds and living through<br />
the war when food was scarce,<br />
their passion for producing readily<br />
available, healthy food was born.<br />
Devora was outgoing, charismatic<br />
and had a natural understanding<br />
of marketing and winning over<br />
bank managers, whilst Bill was a<br />
clever, logical and practical thinker.<br />
“Together they made a winning<br />
team,” commented Tamara. “They<br />
were confident about taking huge<br />
risks to make their dreams into a<br />
reality, because they really believed<br />
that they would succeed.”<br />
The move to creating a golf course<br />
came about after learning there<br />
was a shortage of golf courses in<br />
the region. At this point, the couple<br />
owned 300 acres of land which was<br />
undulating, sandy soil and therefore<br />
not ideal for farming. However, the<br />
beautiful landscape was perfect for<br />
a golf course and, with farmers<br />
falling on hard times, they calculated<br />
that a golf course would be more<br />
profitable. Tamara explained that<br />
they made the business venture a<br />
success by researching other local<br />
golf courses and then “… devoted<br />
time and effort into publicising<br />
Stoke by Nayland Golf Club with<br />
interviews on TV, radio and in the<br />
press.” The company received an<br />
injection of money when Tropicana<br />
UK approached them, wanting to<br />
get into the apple juice business by<br />
buying their Copella brand. This<br />
enabled the family to expand and<br />
build their hotel, fitness complex and<br />
conference and banqueting centre.<br />
She also explained just how crucial<br />
family values have been, and still are,<br />
to the business. “We have produced<br />
a booklet called ‘Devora Family<br />
Values’, which highlights her - and<br />
now our - key business values, such<br />
as honesty, integrity, innovation and<br />
entrepreneurialism.”<br />
iQ business profile<br />
Speaking about the importance of<br />
diversifying the business, Susanna<br />
Rendall explained: “Agriculture tends<br />
to go in cycles; you need to have some<br />
diversification to get through those<br />
years where the cycle dips. Not having<br />
all your eggs in the same basket is<br />
advisable, and extensive research<br />
into the area of diversification is<br />
vital, especially if you are going into<br />
a project requiring new expertise.”<br />
If a business is looking to diversify,<br />
Susanna suggested recruiting<br />
someone with experience in that<br />
field to help establish and speed up<br />
the process, whilst reducing the risk<br />
of making mistakes. The hotel and<br />
complex have expanded rapidly, and,<br />
to make a success of this kind of<br />
venture, Susanna suggested trying<br />
to utilise all the resources that you<br />
currently have. She continued, “If<br />
you get the right team behind your<br />
expansion policy, you will be that<br />
much more successful in achieving<br />
your goals.” And if there’s anything<br />
to take from the Boxford Group’s<br />
business acumen, it’s that “you<br />
cannot afford to stand still!”<br />
The impressive Peake Spa pool area<br />
at Stoke by Nayland Hotel<br />
More Information<br />
Stoke by Nayland Hotel, Golf & Spa<br />
Keepers Lane, Leavenheath<br />
Colchester, Essex, CO6 4PZ<br />
01206 262836<br />
www.stokebynayland.com<br />
issue <strong>16</strong> | page 27
iQ working environment<br />
the case for mindfulness<br />
Jacqui Kemp, of Namasté Culture, asks whether your organisation could benefit from<br />
a more mindful working environment<br />
The CIPD’s 2015 Absence Management Survey reported an increase in stress-related absence and mental<br />
ill-health for the sixth consecutive year. The body's latest research also highlights that although employers are putting<br />
programmes in place to combat stress through workplace wellbeing, their approach is ‘reactive’ and therefore somewhat<br />
piecemeal, which is putting the sustainability of business at risk.<br />
This led me to wonder about the prevalence and success of early-stage, preventative interventions. I was interested to<br />
read in the CIPD's People Management magazine about the successful use, at one City Asset Management company, of<br />
mindfulness training to help staff sharpen their focus and improve composure.<br />
Mindfulness – is it a bit pink and fluffy?<br />
Mindfulness is backed up by scientific research. Professor of Medicine<br />
Jon Kabat-Zinn studied Buddhism and found a link between<br />
meditation practice and a reduction in pain. In the 1970s he<br />
integrated mindfulness practice with science and began<br />
introducing Mindfulness Based Stress Reduction at the<br />
University of Massachusetts Medical School for people<br />
suffering chronic pain. His programmes have been found<br />
to help reduce pain, anxiety, stress and depression, and<br />
have become an accepted approach to helping people live<br />
more fulfilled lives.<br />
So, what is mindfulness?<br />
Kabat-Zinn states that mindfulness is the quality of awareness that comes<br />
from paying attention on purpose, in the present moment, without judgement.<br />
Mindfulness has a 2,500 year proven track record of helping us to make the most<br />
of life. It invites us to apply ourselves to living in the present moment, here and<br />
now, without judging our experience or those around us. It takes some practice<br />
and guidance to learn mindfulness in the initial stages, but once learned, it is easy<br />
to apply in a daily routine.<br />
Is it for me?<br />
Anyone can learn mindfulness. However, if you are suffering from depression<br />
or mental ill-health, it is better to seek professional support from a medical<br />
professional and a relevant therapist before attempting to undertake training in<br />
mindfulness.<br />
How can it benefit my workforce?<br />
Employees reported having increased focus, feeling less distracted and being<br />
more attentive in meetings, as well as sleeping better as a result of practising<br />
mindfulness techniques.<br />
More Information<br />
Namasté Culture run programmes of mindfulness<br />
training. For more information call 01954 267640<br />
www.namasteculture.co.uk<br />
issue <strong>16</strong> | page 29
iQ debate<br />
The Quarterly Debate:<br />
Should employees be expected to work for free?<br />
In this issue, we ask two business owners to take part in a ‘for and against’ debate on whether staff<br />
should be expected to work addtional hours for free<br />
‘Yes’<br />
Gemma Treby<br />
Director of Cubiqdesign Ltd, and Editor of iQ Business <strong>Magazine</strong><br />
“This is such a difficult question and one clouded with controversy. In my business,<br />
employees do stay late and may come in early; it’s the way our industry works. We are<br />
a deadline-driven business where all the cogs must come together harmoniously to achieve the end result.<br />
Those ‘cogs’ are created by individual members of the team with a particular skill set. For example, the end<br />
goal maybe a website that is pulled together by a web developer, but that developer is relying on a designer,<br />
account manager, copywriter and photographer to do their jobs at the very least. For me it’s all about<br />
balance; we have a relaxed yet focused working environment where jeans, trainers, Haribo, table tennis and<br />
loud music are the norm, as are flexi-hours that team members are welcome to take advantage of when the<br />
pressure is off. This works for our business, as we have a motivated team, who are not only passionate about<br />
the projects that they’re working on, but who also have a lot invested in these projects too.”<br />
‘no’<br />
Anne Ovens<br />
Director, Aspiration Europe<br />
“In summary, we believe that if you start from an assumption that employees are<br />
working efficiently and doing their jobs competently, then we believe any overtime they<br />
work to support the business, or any extra business activity they undertake should be paid... If employees<br />
aren’t efficient or competent, then that’s a whole different issue. We find that being paid for extra work is<br />
motivational for employees, as it represents recognition for extra contributions made. It can also highlight<br />
where a business may have on-going additional resource needs if overtime is paid regularly, so these can<br />
be addressed before they cause issues with existing employees. This is fundamental in how I manage my<br />
business - I need a flexible and motivated team who can step up quickly during our busier periods, and<br />
paying my staff for their overtime means that they are rewarded for supporting the business at such times.<br />
As a result of this approach, my team have a proactive attitude to working extra hours, which is of real<br />
benefit to the business, and to our clients.”<br />
issue <strong>16</strong> | page 31
iQ marketing<br />
Cubiqdesign’s PR and Marketing Executive,<br />
Rachel Cracknell, shares her insights on how to<br />
develop a marketing strategy that won’t overwhelm,<br />
but will grow with you and your business<br />
Debating the relevance of a marketing strategy in the<br />
modern age is surprisingly common. There are so<br />
many sayings that profess why planning is essential to<br />
business success, but in spite of this, there are countless<br />
companies who’ve yet to see the value of a wellconsidered<br />
tactical plan.<br />
Why? We often find businesses haven’t formalised<br />
their strategy because they don’t know where to start,<br />
or find the prospect to be daunting beyond measure.<br />
Alternatively, they bypass the planning phase and jump<br />
right into the ‘doing’ in the hope that something is<br />
better than nothing.<br />
An effective plan should be an organic document that<br />
can evolve alongside the needs of your business. It<br />
should include marketplace knowledge, your own vision<br />
and how you’re going to get to where you need to be.<br />
What can feel like an arduous task can actually be<br />
broken down into four main steps.<br />
1. What’s going on in your industry?<br />
To market yourself effectively, you need to understand<br />
what’s going on around you, as well as within your<br />
organisation. Any strategic exercise worth its salt is<br />
kicked off with an ‘information gathering’ phase,<br />
and that’s what you’ll need to do here if your tactical<br />
activity is going to be well-informed.<br />
Document what’s going on in your industry at the<br />
moment, researching new emerging opportunities and<br />
potential threats. Look at your own business and jot<br />
down what you do well, and how you could improve<br />
(SWOT analysis anyone?).<br />
Ask yourself if there are social, economic, political or<br />
technological opportunities at play here? How are you<br />
currently communicating with your customers, and<br />
how well is this working? You’ll want to assess your<br />
competition and the broader competitive environment<br />
too, in order to identify how this impacts on you.<br />
This exercise may confirm what you already knew in<br />
part, but will also clarify the wider landscape you’re<br />
operating in, as well as your place within it.<br />
2. Who are you and what makes you special?<br />
Once you’ve you documented the key findings from<br />
your market research, it’s time to take a fresh look at<br />
yourself and understand where you fit in to your sector.<br />
What is the purpose of your business? Why are you<br />
doing it? Who are you doing it for? How do you do it<br />
differently to your competitors? Where is the business<br />
going?<br />
What can feel like a bit of a philosophical exercise<br />
shouldn’t be written off as narcissistic navel-gazing.<br />
Don’t underestimate the importance of acknowledging<br />
issue <strong>16</strong> | page 32
iQ marketing<br />
your company’s reason for being, or putting effort into<br />
knowing your customers in greater detail.<br />
Inviting colleagues from various departments of your<br />
organisation, as well as your customers, to participate<br />
in this exercise, will give you a broader insight into how<br />
you’re perceived.<br />
The objectives you set here will shape all future<br />
activity, so it’s important to make sure they’re specific,<br />
measureable, achievable, realistic and time-sensitive.<br />
Your findings will effectively become your vision and<br />
mission statement and your marketing objectives, as<br />
well as your marketing personas.<br />
By now, you’ll have clarified your<br />
market place, your position within<br />
it, what makes you different and<br />
what your customers need<br />
from you.<br />
3. How should you communicate with<br />
your audience?<br />
By now, you’ll have clarified your market place, your<br />
position within it, what makes you different and what<br />
your customers need from you. At this stage, it’s worth<br />
reassessing your existing offering, based on what you’ve<br />
uncovered. Are your services still as relevant? Are you<br />
meeting your customers’ needs well enough?<br />
Once you’ve ironed out your offering, you’ll want to<br />
understand how your key messages can attract and<br />
engage your target audience groups. It’s at this stage<br />
where you’ll start to think about which marketing<br />
channels are most relevant for those you’re trying to<br />
reach and what you have to say. Digital may be central<br />
to your plans here. It’s important to ensure your<br />
communications are effectively integrated.<br />
Tie this activity in with your promotional schedule to<br />
produce a plan across the year that outlines what needs<br />
to happen and when, on which channel and by whom.<br />
4. How are you going to control and measure<br />
your activity?<br />
You know who you’re trying to reach, what you want to<br />
communicate and how. Now it’s time for some controls,<br />
benchmarks and measures of success.<br />
Think about the broader desired outcome and then<br />
the smaller achievements that will contribute to your<br />
overall objective. For example, if you’re looking to<br />
increase leads from your website, your measures might<br />
set numerical targets for your inbound marketing<br />
channels.<br />
You will want to draw up a series of measures<br />
associated with the activity you’ve planned and monitor<br />
these closely. That way, you’ll be able to identify what’s<br />
working well and how you might refine and improve<br />
elements where needed.<br />
You can begin this process today. Right now if you like. There are lots of useful resources to help you on your way.<br />
Visit iqmag.co.uk for a round up of websites you might find helpful as you develop your plan.<br />
More Information<br />
www.cubiqdesign.co.uk<br />
issue <strong>16</strong> | page 33
iQ marketing<br />
a free tool that will help you discover how many people<br />
are searching for keywords that relate to your business<br />
and how much competition those keywords face online.<br />
It will also define search competition geographically. For<br />
example, if you’re a hotel in Cambridge, your potential<br />
customers are most likely to be searching for ‘places to<br />
Searching<br />
for success<br />
Rachel Cracknell, PR and Marketing<br />
Executive at Cubiqdesign highlights<br />
some of the key techniques you should<br />
be implementing to improve the<br />
visibility of your website.<br />
So, you have a website that you update with new<br />
content and industry related information, you send the<br />
occasional email to your customer database and you<br />
tweet as often as you can. But despite all your efforts,<br />
your website still feels like a goldfish in a very big pond<br />
that is Google’s search results - sound familiar?<br />
Search marketing refers to the process of improving<br />
your website’s presence in organic search results on<br />
Google. Search marketing is actually so much more<br />
than just ranking results on Google, it’s about converting<br />
quality search traffic to visit your website and use your<br />
services or buy your products. But how<br />
do you attract and convert these potential<br />
visitors?<br />
1. Your website’s content<br />
To understand how best to optimise your<br />
content, you need to investigate what<br />
your current and potential customers are<br />
searching for online. Google Adwords is<br />
Keyword (by relevance)<br />
Avg.<br />
monthly<br />
searches<br />
Competition<br />
Suggested<br />
bid<br />
hotels near me 18,100 High £1.20<br />
Cambridge hotels 8,100 High £2.05<br />
places to stay in Cambridge 480 High £1.28<br />
best hotels in Cambridge 170 High £1.63<br />
luxury hotels in Suffolk 170 High £0.87<br />
where to stay in Cambridge 140 High £1.46<br />
stay in Cambridge 140 High £1.70<br />
stay in Cambridge’ or ‘best hotels in Cambridge.’<br />
Next, you need to find out if there’s a trend in this search<br />
data. How many people have searched for this keyword<br />
over time? Is it a growing or decreasing search term?<br />
You can find this out by using Google Trends. Once this<br />
data has been analysed, you’ll be able to define a key set<br />
of search terms that reflects what’s important to your<br />
business and your breadth of offering and services. For<br />
example, if your hotel is a five-star boutique hotel in<br />
Cambridge, you may want to integrate more long tail<br />
key words, such as ‘five star hotel in<br />
Cambridge’, into your defined key<br />
terms. You’ll then want to create<br />
Search marketing is actually<br />
so much more than just ranking<br />
results on Google, it’s about<br />
converting quality search traffic to<br />
visit your website and use your services or<br />
buy your products.<br />
issue <strong>16</strong> | page 34
iQ marketing<br />
a content schedule and strategy to integrate these key<br />
terms into your online content.<br />
The content on your website is key to your success in<br />
search results. I’m not just talking about content on your<br />
home page, every piece of content from your news and<br />
team pages to your image tags and metadata is integral<br />
to your success online.<br />
Does your content integrate your keywords? Does the<br />
tone of voice of your website reflect what your target<br />
customers want to hear? Does it engage your target<br />
audience? It’s important to update your website at least<br />
once every week with news about your business, industry<br />
related information or a light-hearted post from a team<br />
member that could catch your customers’ attention.<br />
2. How the site is built<br />
The way we search has significantly shifted over the<br />
last few years and the way technology has evolved<br />
has been the catalyst for this change. Take mobile for<br />
example, how many ways can you search for ‘best hotels<br />
in Cambridge’ on your mobile? I’ll give you three; type<br />
it into the web, voice search, Google map search from<br />
your history - the search possibilities are growing and<br />
ensuring your website and online data is keeping up<br />
with these technologies is key to improving your online<br />
presence.<br />
In April 2015, Google announced an update that meant<br />
that non-mobile friendly websites would be penalised<br />
in search engine results ahead of mobile friendly sites.<br />
This means, if your competitors<br />
have a mobile friendly site, they<br />
will rank higher than you in search<br />
engine results on mobile devices. If<br />
over 20% of traffic to your website<br />
comes from mobile, we’d strongly<br />
recommend investing in a mobile friendly site, sooner<br />
rather than later.<br />
Aside from user behaviour, think about the nuts and bolts<br />
of your website’s technical performance. Search engines<br />
have admitted that the loading speed of websites can be<br />
a factor that determines the ranking of your website in<br />
search results. Studies have shown that very few people<br />
will consider revisiting a website if it takes longer than<br />
four seconds to load. 1… 2… 3… 4… That’s the time<br />
you’ve got to convert a visitor into a potential customer.<br />
3. Supporting in-bound marketing<br />
Your website is the heart of your online activity and<br />
search marketing can be a main artery sustaining your<br />
online existence. But neither should you forget the other<br />
arteries supporting the health of your website. A strong<br />
email marketing strategy, an integrated and coherent<br />
social media plan, a<br />
Top Tools<br />
Moz<br />
Google Adwords<br />
Google Trends<br />
content development<br />
schedule and an<br />
online PR strategy<br />
are just a few digital<br />
channels you should<br />
be implementing to<br />
improve your website’s presence. Having a carefully<br />
blended mix of marketing channels will improve the<br />
visibility of your business, which in turn will generate<br />
new customers.<br />
More Information<br />
If you’d like to discover more about how you can<br />
improve the presence of your business online, get in<br />
touch with the Cubiqdesign team on 0<strong>16</strong>38 666432 or<br />
email info@cubiqdesign.co.uk<br />
issue <strong>16</strong> | page 35
iQ business communications<br />
Internal<br />
Communications<br />
from day one<br />
Whether it be a basic marketing plan for an SME, or a<br />
fully integrated communications strategy for a PLC, there<br />
is often one area that is overlooked - Internal Comms<br />
Internal communications is not just the preserve of large<br />
corporates. Smaller organisations need to be aware of the<br />
benefits of instilling good internal communications habits<br />
from day one too, rather than assuming, because they are<br />
a small team or because that team is currently all based<br />
in one location, that it comes ‘naturally’ or ‘will develop<br />
as we develop’. If you subscribe to the notion that every<br />
individual within your organisation is a reflection of<br />
your brand and that your brand is the sum of what you<br />
do, how you do it and how well you do it, then internal<br />
communications needs to become a way of life within<br />
your organisation from day one, regardless of size.<br />
More INFORMATION<br />
Limewash. 01223 813 557. www.limewashmedia.com<br />
issue <strong>16</strong> | page 36
iQ business communications<br />
It will also help them visualise their place in delivering<br />
to that vision and create a greater sense of purpose<br />
and motivation.<br />
There’s an app for that…<br />
Just as we deliberate over, and adopt new technology as a<br />
means of communicating our products and services with<br />
our prospects and customers, companies also need to take<br />
this approach when communicating internally with their<br />
staff. For example, the explosive increase in the use of<br />
social media and messaging apps is a clear signifier of how<br />
comfortable we are all becoming with communicating<br />
via these platforms. Companies should consider utilising<br />
these routes for internal communications, rather than<br />
leaving them to the ‘after hours’ club. If your internal<br />
communications strategy is centred around an email or<br />
printed company newsletter every month, it’s probably<br />
time to re-visit, as it’s likely these just won’t cut it any<br />
more – particularly with the younger millennials now<br />
joining the workforce. However, not all communications<br />
problems can be solved by throwing new technology<br />
at them. Many are difficult to identify in the first place<br />
because employees tend to disengage when there are<br />
persistent issue.<br />
I can see clearly now…<br />
The worst communication problem is not communicating<br />
at all. Employees who are kept in the dark with regard to<br />
your short and long term goals, or who are left guessing<br />
about why decisions have been made, tend to become<br />
disengaged. Be transparent about your company vision,<br />
objectives and goals - both in the short and longer term<br />
- to give employees context and a greater understanding<br />
of why certain decisions are made at certain points.<br />
It’s good to talk… As long as it’s peer to peer<br />
Your biggest asset is your people - so listen to them.<br />
If communication is all one way, notably from top<br />
to bottom, staff engagement can plummet. A<br />
business owner or leadership team may feel<br />
they are communicating appropriately,<br />
disseminating the right level of detail<br />
via the right channels, but if it’s all one<br />
way, with no option for staff to feedback<br />
or question the content, you could quickly lose<br />
them. Good leaders are just as good listeners as they<br />
are communicators, and understand the value of a twoway<br />
dialogue. Appreciating that your staff can add<br />
additional value and insight into the various aspects of<br />
your organisation that you don’t necessarily see on a dayto-day<br />
basis, and giving them a voice, is critical. Inspire<br />
loyalty and motivate your people by putting yourself in<br />
their shoes and thinking about how you can encourage<br />
and engage them to believe in the overall objectives and<br />
goals of your organisation.<br />
Forward-thinking organisations like Facebook build this<br />
two-way communication into their culture. CEO, Mark<br />
Zuckerberg, leads regular town hall meetings that are<br />
broadcast company wide. Smaller organisations could<br />
introduce regular Q&A sessions with management;<br />
over a lunch and learn if teams are all in one location,<br />
or via webinar if not, to encourage open discussion and<br />
feedback and help remote working staff feel part of the<br />
wider team.<br />
I’ll message you…<br />
Choosing the right technology to help foster<br />
communication is key, but it counts for nothing if it goes<br />
unused. At the heart of engagement has to be a culture<br />
centred around healthy and active communication.<br />
Messaging apps and social media platforms can transport<br />
the message, but the culture of the company will<br />
determine whether or not they resonate with, engage and<br />
motivate your people.<br />
issue <strong>16</strong> | page 37
iQ property<br />
Cambridge is where<br />
the smart money is<br />
Martin Walshe, Director of Cheffins, considers how ‘The Cambridge Effect’ is affecting<br />
house prices and what factors have contributed to the soaring prices in the city.<br />
Cambridge is where the smart money is. The<br />
city’s experiencing a property bubble like no other.<br />
House prices in Cambridge have risen more than<br />
in any other UK city in the last seven years, with<br />
no indication of any easing in the future, and now<br />
command a higher premium than they did at the<br />
height of the property market in<br />
2007.<br />
But, to get the house of your<br />
dreams, you have to be quick<br />
off the mark. According to<br />
property portal Rightmove,<br />
Cambridge is the fastest place<br />
in the country to sell a home.<br />
The average time between a house<br />
appearing on the site and being marked<br />
as sold is 27 days, compared with 41<br />
days in London. In December, Cheffins’<br />
Cambridge office conducted 245 viewings,<br />
with 126 offers made, and in January the<br />
total number of viewings was 456, with<br />
a resultant 178 offers.<br />
So, what can you expect to get for your<br />
money? The ‘average’ house price in the<br />
city is £348,300 which could get you a two<br />
bedroom flat off Hills Avenue, a two bedroom<br />
Victorian terrace south of the city, or if you’re<br />
up for a spot of DIY, a two bedroom 1930s<br />
semi-detached home in Great Shelford.<br />
So, what’s driving this frenetic activity? There<br />
are a multitude of factors at play; the shortage<br />
of homes for sale; overseas investors looking to<br />
expand their property portfolios beyond London<br />
(the general consensus is that an exit from the<br />
EU will have little impact on Cambridge); Far<br />
Eastern buyers snapping up properties, particularly<br />
developments off-plan; plus the traditional attractions<br />
of an acclaimed university, excellent schools, café<br />
littéraire culture and excellent shopping facilities.<br />
The transport links into London are also a huge<br />
pull for those looking to commute into the capital,<br />
and there is the enticing prospect of a second train<br />
station, Cambridge North, being operational by<br />
2017, which will expedite commutes to King’s<br />
Lynn and beyond.<br />
Another significant contributor to the booming<br />
property market is the ‘AstraZeneca’ effect.<br />
The pharmaceutical giant is opening<br />
a £330m research facility at the<br />
First time buyers,<br />
unless bank-rolled by<br />
generous parents, will<br />
continue to find it difficult<br />
to compete<br />
end of the year, and is relocating<br />
its head office staff out of London.<br />
Cambridge is fast becoming known as<br />
the UK’s answer to Silicon Valley.<br />
So, what does this mean for people<br />
actively looking for property in Cambridge?<br />
You need to have your wits about you and<br />
be ready to view new properties coming on to<br />
the market at short notice; having your finances<br />
lined up will give you an advantage over those<br />
who are still negotiating with lenders. First time<br />
buyers, unless bank-rolled by generous parents,<br />
will continue to find it difficult to compete.<br />
More Information<br />
www.cheffins.co.uk<br />
issue <strong>16</strong> | page 39
Twenty years of experience shows<br />
For two decades The Burgess Group<br />
have provided homeowners with<br />
bespoke timber windows and<br />
doors, which combine the natural<br />
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Showrooms<br />
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Ipswich Road, Woodbridge<br />
Suffolk IP12 4AF<br />
01394 386666<br />
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burgess-group.com<br />
SASH WINDOWS | FLUSH CASEMENT WINDOWS | ENTRANCE DOORS | FRENCH DOORS | SLIDING DOORS
iQ investment<br />
Surviving the<br />
buy to let crisis<br />
Business advice columnist, Ryan Windsor,<br />
provides an update on investing in buy to let<br />
In just a few months, the bombshells have rained down<br />
on the Private Rental Sector (PRS) thanks to George<br />
Osborn’s Autumn Statement. Too many in the property<br />
investment community have seen these as a direct<br />
attack on landlords.<br />
The main changes that will affect the buy to let (BTL)<br />
sector is the increase on stamp duty land tax (SDLT)<br />
to 3% on second homes/investment properties and the<br />
reduction in mortgage interest relief to 20%.<br />
Mr Osborne said these changes will be implemented<br />
to protect the property industry and the wider economy<br />
from another housing bubble boom and bust, and<br />
to cool down the housing market, but many expert<br />
economists and academics think it could actually do<br />
the opposite.<br />
Those who have been considering<br />
investing in property could now<br />
decide to accelerate their plans<br />
following today’s announcement.<br />
This could mean that it will have<br />
the opposite effect.<br />
Matthew Hall, Head of Tax, Wilkins Kennedy<br />
As an investor I pride myself on my risk mitigating<br />
strategies, and how I limit my exposure, such as always<br />
buying 20% or more below market value. These have<br />
served me well for over nine years and I hope they will<br />
help you too. Below are some tips to help you survive, and<br />
ultimately, thrive in 20<strong>16</strong> and beyond.<br />
Seek expert advice<br />
With all the changes that are being introduced, it’s worth<br />
consulting the experts to see how these changes will<br />
affect your situation. I recommend my clients to work<br />
with my team of accountants, solicitors and brokers to<br />
make sure everything is being set up in the most<br />
tax-efficient way to limit their liability.<br />
Stress Test the Investments<br />
There’s no point in making an investment based on the<br />
current situation. I always stress test my investment on a<br />
number of factors such as void periods, rises in interest<br />
rates and changes in the rental income. This way, I can<br />
gauge if the rewards outweigh the risks.<br />
Don’t rush in<br />
If the investment does not hit all your KPIs you should<br />
leave it. Better to be safe and secure with your purchase<br />
than risk losing it all. The property industry follows a<br />
cycle of boom and bust, and there will always be another<br />
opportunity to pick up a great deal with a high ROI.<br />
contact<br />
ryanwindsor89@gmail.com<br />
Be fearful when others<br />
are greedy and greedy<br />
when others are fearful<br />
Warren Buffet<br />
issue <strong>16</strong> | page 41
iQ diary<br />
Cambridge South Business<br />
Networking<br />
Relaxed, friendly and productive<br />
networking including 3 x 10 mins<br />
1:1 with people you choose, a 40<br />
second round and a 4Sight slot<br />
Dates: 9th & 23rd March, 6th &<br />
20th April, 4th & 18th May<br />
Time: 08:00 – 10:00<br />
Venue: The Granta Centre, Granta<br />
Park, Great Abington, Cambridge,<br />
CB21 6AL<br />
Organiser: The Cambridge South<br />
Team, 4Networking<br />
Booking Details: £13pp.<br />
Visit www.4networking.biz<br />
Coffee means business<br />
Relaxed, informal business<br />
networking for all local businesses.<br />
Date: 10th March, 14th April,<br />
10th May<br />
Time: 09:30 - 11:30<br />
Venue: The Apex, Bury St Edmunds,<br />
IP33 3FD<br />
Organiser: Menta, the Suffolk<br />
Enterprise Agency<br />
Booking details: No need to book.<br />
Pay £2 on arrival. 0800 085 5090<br />
Cambridge Alternative<br />
Networking - Cromwell Group<br />
Meetings are a mixture of<br />
structured and informal<br />
networking. Find out about other<br />
members’ businesses, and source<br />
quality referrals for each other.<br />
Dates: 10th & 24th March, 7th &<br />
21st April, 5th & 19th May<br />
Time: 06:45 - 08:30<br />
Venue: Quy Mill Hotel & Spa,<br />
Church Road, Stow-cum-Quy,<br />
Cambridge, CB25 9AF<br />
Booking Details: £12.50<br />
Find out more at www.cambscan.co.uk<br />
Book online at www.eventbrite.co.uk<br />
Huntingdon Business Women<br />
Monthly meetings for women<br />
in business in and around<br />
Huntingdon.<br />
Dates: 11th March, 8th April,<br />
13th May<br />
Time: 11:00 – 13:00<br />
Venue: Wood Green Animal Centre,<br />
London Road, Huntingdon PE29 2NH<br />
Organiser: Ann Hawkins<br />
Booking Details: £5 fee<br />
www.meetup.com<br />
Cambridge North Business<br />
Networking<br />
Relaxed, friendly and productive<br />
networking including three 10 min<br />
1:1 with people you choose, a 40<br />
second round and a 4Sight slot<br />
Dates: 14th March, 11th & 25th<br />
April, 9th & 23rd May<br />
Time: 08:00 - 10:00<br />
Venue: Brewers Fayre, Brampton Hut,<br />
Brampton, Huntingdon, PE28 4NQ<br />
Organiser: The Cambridge North<br />
Team, 4Networking<br />
Booking Details: £13pp.<br />
Visit www.4networking.biz<br />
Informal Networking<br />
Evenings<br />
These free, popular evenings<br />
attract businesses of all sizes from a<br />
wide range of sectors.<br />
Dates: Ely 14th March, 11th April,<br />
9th May<br />
Venue: The Lamb Hotel, Lynn Road,<br />
Ely, CB7 4EJ<br />
Dates: Peterborough <strong>16</strong>th March, 20th<br />
April, 18th May<br />
Venue: Park Inn, Wentworth Street,<br />
Peterborough, PE1 1DH<br />
Dates: Cambridge 17th March,<br />
21st April, 19th May<br />
Venue: Holiday Inn Cambridge,<br />
Impington, Cambridge, CB24 9PH<br />
Dates: Huntingdon 5th April, 3rd May<br />
Venue: Holiday Inn Huntingdon<br />
Racecourse, Brampton, Huntingdon,<br />
PE28 4NL<br />
Time: 17:00 - 19:00<br />
Organiser: Cambridgeshire Chambers<br />
of Commerce<br />
Booking Details: Call Peter Watts<br />
on 07545 697799 or email<br />
p.watts@cambscci.co.uk.<br />
business networking<br />
made easy<br />
Relaxed, informal business<br />
networking for all local businesses.<br />
Date: 15th March<br />
Time: 09:30 - 12:30<br />
Venue: 5 Eastern Way, Bury St<br />
Edmunds, IP32 7AB<br />
Organiser: Menta, the Suffolk<br />
Enterprise Agency<br />
Booking details: £30. Book online<br />
at www.eventbrite.co.uk<br />
issue <strong>16</strong> | page 43
iQ diary<br />
St Neots Business Coffee<br />
Morning - No Fuss No Fees<br />
Free fortnightly coffee morning; get<br />
to know other local businesses.<br />
Dates: 15th & 29th March, 12th &<br />
26th April, 10th & 24th May<br />
Time: 08:00 - 10:00<br />
Venue: Moores Walk Café, 20 Moores<br />
Walk, St. Neots, PE19 1AJ<br />
Organiser: Chris Hornby<br />
Booking Details: No need to book<br />
www.meetup.com<br />
The Two Counties<br />
Business Exhibition<br />
A unique opportunity to extend<br />
your business beyond the local<br />
area. Two speed networking<br />
sessions.<br />
Date: <strong>16</strong>th March<br />
Time: 11:00 - 15:00<br />
Venue: Millennium Grandstand,<br />
Rowley Mile Racecourse, Newmarket,<br />
CB8 0TF<br />
Organiser: Cambridgeshire and<br />
Suffolk Chambers of Commerce<br />
Booking details: Free admission.<br />
Stands available from £90 (plus VAT).<br />
Contact Jenni Misseldine, on 01223<br />
209810 or email<br />
j.misseldine@cambscci.co.uk<br />
Business Insights Cambridge<br />
Monthly meetings with distinct<br />
themes, which cover hard and soft<br />
business factors.<br />
Dates: <strong>16</strong>th March<br />
Time: 18:30 - 21:00<br />
Venue: Available to members only<br />
Booking Details: Join and book<br />
online at www.meetup.com<br />
Whipping it up at the<br />
Work Station<br />
This evening event includes<br />
presentations by a keynote speaker<br />
and a guest speaker as well as<br />
informal and formal networking.<br />
Dates: <strong>16</strong>th March, 20th April,<br />
18th May<br />
Time: 18:00 - 20:00<br />
Venue: The Work Station, 2<br />
Huntingdon Street, St Neots, PE19 1BG<br />
Organiser: Chris Hornby<br />
Booking Details: £10pp.<br />
www.meetup.com<br />
Cambridge Small Business<br />
Mastermind Group<br />
A breakfast meet up themed<br />
around collaborative problem<br />
solving. Stay on for co-working<br />
until 17.30.<br />
Dates: 18th March, 15th April,<br />
20th May<br />
Time: 08:45<br />
Venue: Cambridge Business Lounge,<br />
Burleigh House, Cambridge, CB1 1DJ<br />
Organiser: Ed Goodman<br />
Booking Details:<br />
01223 324040 or email<br />
info@cambridgebusinesslounge.com.<br />
Breakfast £10 incl rolls, tea, coffee,<br />
juice. Co-working £12 all day (normal<br />
price £20). www.meetup.com<br />
Food for Thought - Food and<br />
Drink Seminar<br />
Speakers will cover how to futureproof<br />
your innovations; direct to<br />
consumer marketing ideas, and<br />
financial aspects to consider when<br />
expanding your business.<br />
Date: 18th March<br />
Time: 09:30 - 12:30<br />
Venue: The Feast Room, The<br />
Cookhouse, Suffolk Food Hall, Ipswich,<br />
IP9 2AB<br />
Organiser: Menta, The Suffolk<br />
Enterprise Agency. Sponsored by Andrew<br />
Thompson & Associates, Insurance<br />
Brokers.<br />
Booking Details: Free. Call 01284<br />
760206 or visit www.eventbrite.co.uk to<br />
book your space.<br />
Cambridge Business Lounge<br />
Women’s Network<br />
An informal monthly group for<br />
Cambridgeshire businesswomen to<br />
exchange ideas and experiences.<br />
Dates: 29th March, 26th April,<br />
31st May<br />
Time: 10:00<br />
Venue: Cambridge Business Lounge,<br />
Burleigh House, Cambridge, CB1 1DJ<br />
Organiser: Ed Goodman & Nicky<br />
Smerdon-Goodman<br />
Booking Details: £10.<br />
No membership, no booking required.<br />
Stay on and work from CBL for the rest<br />
of the day for £5 (usually £10).<br />
www.cambridgebusinesslounge.com<br />
issue <strong>16</strong> | page 44
iQ diary<br />
Cambridge Business Network<br />
An evening of informal<br />
networking, either side of an<br />
inspiring and informative talk by a<br />
guest speaker.<br />
Dates: Every second Thursday of the<br />
month.<br />
Time: 18:30 - 21:30<br />
Venue: Cambridge Business Lounge,<br />
Burleigh House, Cambridge, CB1 1DJ<br />
Organiser: Ed Goodman<br />
Booking Details: £10,<br />
including refreshments.<br />
www.cambridgebusinesslounge.com<br />
Lunch is Serious Business<br />
A regular event for business<br />
women.<br />
Dates: 24th March, 14th April,<br />
20th May<br />
Venue: The Farmers Club,<br />
Bury St Edmunds<br />
Organiser: Robina Cawston, Atkins<br />
Thomson Solicitors<br />
Booking Details:<br />
www.lunchisseriousbusiness.co.uk<br />
or 01284 767766.<br />
2 course lunch – £19.<br />
Menta Jelly, Haverhill<br />
Menta Jelly provides a space<br />
for like-minded people to work<br />
together in a different environment<br />
and to exchange help and advice.<br />
Date: 31st March, 28th April,<br />
26th May<br />
Time: 09:30 - <strong>16</strong>:30<br />
Venue: 2 Hollands Road, Haverhill,<br />
CB9 8PP<br />
Organiser: Menta, The Suffolk<br />
Enterprise Agency<br />
Booking Details: Booking essential.<br />
Book on line at www.eventbrite.co.uk<br />
Link4Coffee<br />
An informal morning drop-in<br />
session for local business people<br />
and interesting individuals.<br />
Date: 5th April<br />
Time: 10:00 - 11:30<br />
Venue: 5-7 Norfolk St, Cambridge,<br />
CB1 2LD<br />
Organiser: Peter Dakin<br />
Booking Details: Free. Book online<br />
at www.eventbrite.co.uk<br />
St Ives Small Business<br />
Mastermind Group<br />
The town’s first and only pop-up<br />
co-working space. Stay on after the<br />
monthly problem solving breakfast<br />
meetings and co-work until 17.00<br />
Dates: 7th April, 5th May<br />
Time: 09:00 - 10:00<br />
Venue: St Ives Corn Exchange, The<br />
Pavement, St Ives, Cambs, PE27 5AD<br />
Organiser: Cambridge<br />
Business Lounge<br />
Booking Details:<br />
01223 324040 or email<br />
info@cambridgebusinesslounge.com.<br />
Breakfast meeting £10. Co-working £2<br />
p/hr or £7.50 for the day.<br />
Breakfast for Business<br />
An opportunity to participate in<br />
personal presentations and TGLC’s<br />
quality lead generation program.<br />
Date: 8th April<br />
Time: 07:30 - 09:00<br />
Venue: The Beefeater, Huntingdon<br />
Road, Cambridge, CB3 0DL<br />
Organiser: TGLC<br />
Booking Details: £10.<br />
www.tglc.co.uk<br />
Newmarket & District<br />
Chamber of Commerce Speed<br />
Networking Event<br />
Catch up with other delegates<br />
at the first of this year’s popular<br />
speed networking events.<br />
Speaker TBC.<br />
Date: 15th April<br />
Time: 07.30<br />
Venue: TBC<br />
Organiser: Oliver Shevki of<br />
Convergence Communication, member<br />
of NDCC<br />
Booking Details: Breakfast will be<br />
provided. Member’s fee £17.50;<br />
Non-member’s fee £27.50.<br />
www.newmarketanddistrict.co.uk<br />
Business Planning and<br />
Cashflow Forecasting<br />
Discover what you need to know<br />
before starting a business.<br />
Date: 18th April<br />
Time: 09:30 - 15:30<br />
Venue: 5 Eastern Way, Bury St<br />
Edmunds, IP32 7AB<br />
issue <strong>16</strong> | page 45
iQ diary<br />
Organiser: Menta, The Suffolk<br />
Enterprise Agency<br />
Booking Details: £20<br />
www.eventbrite.co.uk<br />
Exhibitor Briefing Event for<br />
Anglia Business Exhibition<br />
Meet event organisers and fellow<br />
exhibitors, and learn how to get the<br />
best out of your exhibition stand.<br />
Date: 20th April<br />
Time: 11:00 - 13:00<br />
Venue: Trinity Rooms, Trinity Park<br />
Conference Centre, Felixstowe Road,<br />
Ipswich, IP3 8UH<br />
Organiser: Ipswich and Suffolk Small<br />
Businesses Association<br />
Booking Details: Free. Book online<br />
at www.angliabusinessexhibition.com.<br />
Find out more at www.issba.co.uk<br />
Apprenticeships - The Value<br />
to your Business<br />
In this workshop, find out how<br />
apprenticeship schemes can benefit<br />
your business.<br />
Date: 21st April<br />
Time: 08:30 - 10:30<br />
Venue: 3aaa offices, St Andrews<br />
House, St Andrews St, Cambridge,<br />
CB2 3BZ<br />
Booking Details: Contact Philippa<br />
on 01223 903 300 or email Philippa.<br />
Artus@cambridgebid.co.uk. £10<br />
plus fee £1.49; free to businesses and<br />
organisations within the CambridgeBID.<br />
Book on line at www.eventbrite.co.uk<br />
Global Business Network<br />
(formerly Cambridgeshire<br />
Export Club)<br />
An informal networking event for<br />
exporters or those considering it.<br />
Guest speakers TBC.<br />
Date: 26th April, 31st May<br />
Time: 17:00 - 19:00<br />
Venue: The Moller Centre, Storey’s<br />
Way, Cambridge CB3 0DE<br />
Organiser: Cambridgeshire Chambers<br />
of Commerce<br />
Booking Details: Call Helen Bosett<br />
on 01223 209815.<br />
www.cambridgeshirechamber.co.uk<br />
Marketing for Start-up<br />
Businesses<br />
Simple and effective marketing<br />
techniques<br />
Date: 27th April<br />
Time: 09:30 - 12:30<br />
Venue: 5 Eastern Way, Bury St<br />
Edmunds, IP32 7AB<br />
Organiser: Menta, The Suffolk<br />
Enterprise Agency<br />
Booking Details: £20<br />
www.eventbrite.co.uk<br />
Suffolk Chamber May<br />
Networking Lunch<br />
Ben and Dan, owners of Cranes<br />
Drinks, will talk about the<br />
process of starting the brand<br />
and developing the product and<br />
business<br />
Date: 17th May<br />
Time: 11:30 - 14:00<br />
Venue: The Rowley Mile Racecourse,<br />
Cambridge Road, Newmarket, CB8 0TF<br />
Booking Details: Members £24.58<br />
(exc VAT); Non members £36.25 (exc<br />
VAT). Book on line at<br />
www.suffolkchamber.co.uk<br />
Newmarket and District<br />
Chambers of Commerce<br />
Networking Breakfast<br />
Business coach Tim Boutle of<br />
ActionCOACH, will talk about<br />
increasing the profitability in<br />
your business. His talk will be<br />
followed by a formal networking<br />
opportunity.s<br />
Date: 20th May<br />
Time: 07:30<br />
Venue: TBC<br />
Booking Details: Breakfast will be<br />
provided. Member’s fee £17.50, Non<br />
member’s fee £27.50. Book on line at<br />
www.newmarketanddistrict.co.uk<br />
Venturefest East<br />
Bringing together innovators,<br />
successful entrepreneurs and<br />
investors to make things happen.<br />
The event will address issues<br />
specifically related to building a<br />
business in today’s fast moving<br />
market and highlight the type of<br />
support and funding currently<br />
available.<br />
Date: 24th May<br />
Time: 09:30 - 11:30<br />
Venue: Rowley Mile Racecourse,<br />
Newmarket<br />
Booking Details:<br />
www.venturefesteast.co.uk<br />
issue <strong>16</strong> | page 47
iQ events<br />
Inspiration, Connections<br />
and Chocolate at <strong>IQ</strong> Networking<br />
Learn about the delicious success story of iQ’s latest networking<br />
event at Hotel Chocolat<br />
As you may already know, each quarter at iQ Business<br />
<strong>Magazine</strong>, we host a networking event for local businesses<br />
and entrepreneurs to join us, make connections and be<br />
inspired by our top level guest speakers.<br />
Our last event, held at the new Hotel Chocolat store and<br />
Café in Cambridge, was no exception. This was one of<br />
our most popular evenings yet, with a waiting list of keen<br />
businesspeople hoping that someone would drop out so<br />
they could attend!<br />
Known for having businesses from all trades, book for our<br />
events, from furniture manufacturers to HR consultants.<br />
Our networking evenings often lead to unexpected, yet<br />
worthwhile, meetings with companies you never knew<br />
existed, that were just on your doorstep. Many of the<br />
attendees go on to set up long-term connections and<br />
business deals with the people they meet, and we always<br />
love to hear about their successes!<br />
Our guest speaker for the last event was the<br />
co-founder of Hotel Chocolat, Peter Harris, an<br />
inspirational speaker with a story. Building the<br />
company with his business partner, Angus Thirlwell,<br />
in 25 years Hotel Chocolat has gone from a<br />
start-up in our city to an international brand.<br />
We took away some valuable information and<br />
guidance from his speech, and we’re going to<br />
share just a few of his tips with you here in iQ:<br />
issue <strong>16</strong> | page 48
iQ events<br />
time, probably less than a third of people<br />
would be online or have gifts delivered,<br />
so it made sense to open a shop,” Peter<br />
explains. After the success of their first<br />
store in Watford, they opened a second in<br />
Milton Keynes, which did three times the<br />
business.<br />
1. Evangelical approach to business<br />
In their first year as a business, the pair reached sales<br />
of £283,000. The brand was very different from what<br />
we know today. Named The Mint Marketing Company,<br />
they marketed mints to clients in the hope they would<br />
buy them. “With no office, we photocopied ads from the<br />
Sunday newspapers, shrunk them and stuck them onto<br />
packs of mints as samples to send out to businesses,”<br />
explains Peter.<br />
Their move to the chocolate industry was one made quite<br />
by chance. One of their customers asked if they did a<br />
little box of chocolates with their name on it and, keen to<br />
impress, the pair went away, mocked up a smart prototype<br />
complete with logos, and, as Peter tells us, “They said<br />
‘Well that’s exactly what we mean. Can we order 5,000?’<br />
We suddenly thought, well goodness gracious, we’re in<br />
the chocolate business!”<br />
3. Have a game plan<br />
“From that point we decided to open<br />
between five and ten shops a year,”<br />
continues Peter. “And we went from a<br />
£400,000 turnover to £<strong>16</strong>m in three<br />
years, and were The Sunday Times Virgin<br />
Atlantic Fast Track 100 number one fastest<br />
growing company in the country.”<br />
The latest venture is the launch of their cafés, one of<br />
which is here in the Lion Yard, Cambridge. “The way<br />
we’ve designed this is to preserve our chocolate sales but<br />
create another reason why people could experience our<br />
products. We’ve created a space where you can relax, have<br />
a seat, and a hot chocolate.” Already proving a success in<br />
Cambridge, the future for Hotel Chocolat looks bright, as<br />
they aim to expand with cafés around the UK and gain<br />
a firmer grip on the overseas market in the coming years.<br />
Always meeting the most interesting entrepreneurs and<br />
business owners at our networking events, our Hotel<br />
Chocolat event has to be a highlight for us - inspiration,<br />
connections and chocolate. We look forward to seeing you<br />
all at our next event!<br />
2. embrace a re-brand<br />
Although successful with their chocolate, Peter pointed<br />
out the pitfall of the business; “At the time, our brand<br />
didn’t tell you anything about quality, it was all about the<br />
delivery. Our chocolates had fantastic ingredients and<br />
were beautifully made, but the brand didn’t reflect the<br />
quality of the product. That’s when we knew that we had<br />
to rebrand the business.”<br />
With the rebrand came an opportunity to expand from<br />
their current online market to the high street. “At that<br />
More Information<br />
Hotel Chocolat<br />
01223 328950<br />
www.hotelchocolat.com<br />
Lion Yard Cambridge, CB2 3NA<br />
issue <strong>16</strong> | page 49
iQ business profile<br />
What does it<br />
take to make a<br />
product?<br />
Gemma Treby speaks to<br />
Justin Seldis, the man behind<br />
the brand, Cigar Traveller<br />
I am always inspired by the people who<br />
have an idea and actually have the tenacity<br />
to develop their idea and bring it to market.<br />
Inspired by his enthusiasm, I knew there<br />
was a story behind this man that we could<br />
all learn from. My biggest findings were,<br />
he’s not too scared to push himself to the<br />
front, and not too high and mighty to put<br />
his salesman’s hat on.<br />
You would think Justin would have a background<br />
in business, perhaps product development or even<br />
marketing, but he doesn’t. That only came later…<br />
“I went to Chetham’s School of Music as a 10 year<br />
old, and stayed there until I was 18. It’s a school for<br />
the musically gifted, and as a result I was playing as a<br />
professional musician, performing in some of the world’s<br />
top venues at a very early age. I got a scholarship to the<br />
Royal Northern College of Music and got my Degree in<br />
Classical Music,” Justin explains.<br />
issue <strong>16</strong> | page 50
iQ business profile<br />
Looking to support a growing family and quickly<br />
realising that being a jobbing musician held little<br />
opportunity financially, it became obvious that Justin<br />
needed to home in on his performing skills and find<br />
a different career path.“I worked in sales, and after a<br />
few years ended up working in London for Scottish<br />
Widows as a trust and tax advisor. I then spent eight<br />
years building a company in the leisure industry, and<br />
then started to invest in businesses such a self-storage<br />
unit and a restaurant. Seven years ago, I bought a share<br />
of Sunsquare, which is now an industry leader, and is a<br />
business I now own.”<br />
This bright spark moment came out of personal<br />
frustration. Looking for the solution to a niche yet<br />
popular problem, Justin went on to secure the world<br />
rights for Cigar Traveller.“Having been a Cuban cigar<br />
collector and smoker for many years, it was always a<br />
frustration to me, and other cigar aficionados, that our<br />
jet flame lighters were confiscated at airports. It is an<br />
essential part of the kit a cigar smoker needs, and it<br />
meant that there was always a chance that you would<br />
lose a very expensive lighter every time you took a trip<br />
via an airport.”<br />
Taking his frustration, Justin began to research and found<br />
a product that was being used for a different market.<br />
An adaptation made it suitable for the cigar smoking<br />
market, and it is allowed on airplanes. As Justin explains,<br />
“It is safe for travel and is allowed in hand luggage, this<br />
means that we need not take expensive lighters with us<br />
with the chance of having them confiscated.”<br />
I think that<br />
without sales and<br />
marketing, it is very<br />
difficult for any product<br />
or service to do well<br />
Six months down the line, Cigar Traveller was launched<br />
with unanimously positive feedback and results.<br />
Although the lighters are unique at the moment, it<br />
became important for the brand to become trusted<br />
before a copycat decides to have a go. “Whilst the<br />
technology is patented, it is inevitable that something<br />
similar will appear the instant this becomes successful.<br />
Taking a product from conception to completion in six<br />
months was a challenge, but incredibly fulfilling and<br />
motivating. I had to create the brand, website and other<br />
marketing products. At the same time, I gave 30 Cigar<br />
Travellers to my trusted cigar buddies, so any pre-launch<br />
issues could be ironed out. Luckily there were none!”<br />
Officially launched in February this year in Cuba, when<br />
all of the great and good of the cigar world descend<br />
there for a week, Cigar Traveller was met with much<br />
appreciation with distributors found for many target<br />
countries. “I have, over the years, gained a network of<br />
like-minded people, who are industry connected, who<br />
will do some of the hard work for me. Word of mouth<br />
tends to be the strongest form of marketing in the cigar<br />
world, and I’m lucky enough to be at the heart of it..”<br />
What are the factors in one’s success; what makes it<br />
possible for someone to create a brand from scratch<br />
with a successful launch? “Ultimately, I can recognise a<br />
decent product or service and sell it. I think that without<br />
sales and marketing, it is very difficult for any product<br />
or service to do well. It all boils down to the salesman<br />
in me, though. I think it also comes down to risk and<br />
passion. If one is passionate about a product, it seems<br />
an easier thing to risk all trying to push it.”<br />
Justin also champions business relationships or what<br />
he calls ‘Marriages’. As he explains, “It’s clear that in<br />
business, much success can be attuned to those you<br />
surround yourself with. It’s that whole ‘behaviour<br />
breeds behaviour’ mantra. Surrounding oneself with the<br />
best people certainly means that running any company<br />
need not be as lonely as it can be.”<br />
More Information<br />
www.cigartraveller.com<br />
issue <strong>16</strong> | page 51
iQ business profile<br />
More Information<br />
www.fenlandcelery.com<br />
www.gs-fresh.com<br />
issue <strong>16</strong> | page 52
Fresh<br />
from the<br />
Fenland<br />
We meet the growers of the finest quality<br />
salads and vegetables, G’s Fresh, producers of<br />
Fenland Celery, to discover how a traditional<br />
farming business stays at the top by launching<br />
new products<br />
iQ business profile<br />
Telling the story<br />
Fenland Celery has been grown in this region for<br />
over 150 years. Anthony Gardiner, Marketing<br />
Director, at G’s Fresh, and his team have been<br />
working to protect the traditions of winter celery<br />
growing in the UK by re-introducing the product to<br />
market on an artisan basis, having seen a dip in sales<br />
over 10 years ago.<br />
“We’ve been working closely with high end retailers,<br />
like New Covent Garden Market in London, but<br />
consumers were slow to recognise the value of<br />
the British-grown celery when compared with the<br />
cheaper Spanish alternative that was half the price,”<br />
Anthony explained.<br />
Rather than cut prices or look for different suppliers,<br />
G’s Fresh knew the provenance of their product<br />
would resonate, if they could perhaps tell their story<br />
better. The team applied for PGI status in 2009,<br />
which was granted in 2013. Finally, Anthony and his<br />
team had the all-important context for their product<br />
that would enable them to differentiate themselves in<br />
a competitive marketplace.<br />
“We grow our Fenland Celery in much the same<br />
way it was over 100 years ago,” Anthony explains.<br />
“More than 300,000 heads are harvested over a 12<br />
week period from October to December. It’s grown<br />
in wide rows and deep trenches, with high banks of<br />
rich, dark soil that surround the celery. This protects<br />
it from the winter frost – blanching the sticks to a<br />
distinctive pale hue.”<br />
By leveraging the unique flavour of the celery, the G’s<br />
Fresh team saw a resurgence in sales and a renewed<br />
appetite for this important regional product.<br />
Time to expand<br />
After two successful seasons, the G’s Fresh team<br />
looked for ways to build on the momentum<br />
they’d started. “We wanted to diversify, but were<br />
constricted by our growing season. The only way to<br />
work outside of October to December would be to<br />
add our celery into something else,” Anthony said.<br />
Keen to use local suppliers where possible, the team<br />
renewed an old partnership. “We’d run vegetable<br />
based spirit trials with The English Distillery team<br />
before, so they were a natural collaborator for us on<br />
this project,” Anthony commented.<br />
The development process was quick and challengefree.<br />
The end result was a beautifully crafted vodka<br />
with a subtle celery infusion.<br />
“Our heritage is an important part of our story,<br />
which is why we had to bring this into the vodka’s<br />
name and bottle design,” Anthony said. Grown<br />
in the fields surrounding Ely, local design agency<br />
Cubiqdesign, were able to incorporate this into the<br />
label.<br />
It’s thirsty work<br />
Over 500 bottles were produced by Christmas 2015<br />
as part of a limited edition. “We used last year as a test<br />
bed to see how the product could potentially perform<br />
on a wider scale in 20<strong>16</strong>,” Anthony explained.<br />
“A number of specialist drinks distributors, as well as<br />
a selection of high-end bars and clubs in London are<br />
extremely interested.”<br />
We have been in business for over 60 years and the<br />
team are a testament to what can be achieved when a<br />
historic, traditional business has the taste for change.<br />
Our heritage is an<br />
important part of our story,<br />
which is why we had to<br />
bring this into the vodka’s<br />
name and bottle design<br />
issue <strong>16</strong> | page 53
iQ business profile<br />
10 years of<br />
amazing spaces<br />
We discover how<br />
Klöeber has gone<br />
from strength to<br />
strength in 10 years,<br />
and what the next<br />
decade holds for the<br />
company<br />
for an entire project, Klöeber<br />
encompasses products in softwood,<br />
hardwood, oak and aluminium, as<br />
well as windows in composite and<br />
aluminium.<br />
Launching at the Grand Designs<br />
Exhibition in Birmingham back in<br />
October 2006, Klöeber, based in<br />
Cambridgeshire, took a small stand<br />
at the entrance to the Grand Build<br />
section to reveal its Kustomfold timber<br />
folding sliding doors. Fast forward<br />
10 years, and Klöeber has become<br />
established at major exhibitions<br />
nationwide, as well as being featured<br />
on the TV shows George Clarke’s<br />
Amazing Spaces, and Grand Designs.<br />
Originally aimed at the domestic retail<br />
market as a specialist manufacturer<br />
of timber folding sliding doors, in<br />
the 10 years since its conception, the<br />
company has become a market leader<br />
for these products and has expanded<br />
to introduce the award-winning<br />
FunkyFront door range. Now able<br />
to supply bespoke glazing solutions<br />
“Klöeber’s tenth year comes at a really<br />
buoyant time for us,” explains Sales<br />
Director and Co-owner, Matt Higgs.<br />
“The business is going from strength<br />
to strength and we’re improving and<br />
expanding in every possible way.<br />
We’re extremely proud of what we’ve<br />
achieved in the last decade which has<br />
seen growth in turnover, profile, staff<br />
and profit with every year.”<br />
“Guiding Klöeber on its successful<br />
path and seeing our business expand<br />
and improve organically every year<br />
is extremely rewarding. Our tenth<br />
year is a landmark anniversary, and<br />
compels us to look back at what’s been<br />
issue <strong>16</strong> | page 54
achieved as well as to look further into<br />
the company’s long term future. We’ve<br />
developed a solid reputation through<br />
building a portfolio of high quality<br />
but affordable products, and having<br />
an honest and informative approach<br />
with our customers. The next 10<br />
years is about building on the trust in<br />
our brand projects, by expanding our<br />
routes to market which will continue<br />
the controlled growth.”<br />
And there’s certainly no sign of the<br />
company slowing up. To celebrate<br />
its tenth anniversary, Klöeber has<br />
launched two new door panels for its<br />
award-winning FunkyFront timber<br />
contemporary entrance doors, The<br />
Westphalia and The Wolfsburg.<br />
As the first company to be awarded a<br />
‘Secured by Design’ status for timber<br />
folding sliding doors by the national<br />
police accreditation for security<br />
products back in 2012, Klöeber’s<br />
FunkyFront doors also passed the<br />
same rigorous testing, making them<br />
well known for their safety and<br />
thermal qualities.<br />
“We were, and continue to be, very<br />
pleased and proud to be the first<br />
company to successfully achieve<br />
‘Secured by Design’ membership for<br />
timber bi-folding doors,” confirms<br />
Technical Director and Co-Owner,<br />
Lee Green. “With ongoing testing<br />
of our wider product range, we<br />
fully support the way our industry is<br />
moving towards<br />
a more secure<br />
glazing product<br />
and reduction in<br />
house burglary.”<br />
iQ business profile<br />
we fully support the way<br />
our industry is moving<br />
towards a more secure<br />
glazing product and<br />
reduction in house burglary<br />
With innovation and high quality<br />
products at the forefront of the<br />
business, the goal for Klöeber always<br />
has been, and remains, to grow<br />
organically, maintain flexibility and<br />
a high level of customer service to<br />
both the retail and trade markets.<br />
More INFORMATION<br />
Klöeber<br />
West Midlands Industrial Estate<br />
Somersham, Cambridgeshire, PE28 3EB<br />
01487 740044<br />
www.kloeber.co.uk<br />
issue <strong>16</strong> | page 55<br />
“The exciting thing for me personally<br />
is I know that Klöeber is still nowhere<br />
near to fulfilling its potential, and<br />
anything is possible. Our relentless<br />
aim for perfection in everything we<br />
do brings so much opportunity; new<br />
products, new customers and exciting<br />
projects are always just around the<br />
corner. All indications point to the<br />
success and growth continuing into<br />
our next decade and beyond.”
iQ business profile<br />
article by<br />
Sammi Nice<br />
Switched on<br />
to Success<br />
With over 900 employees across 45<br />
locations, we were eager to know the<br />
success behind Hughes, one of Grant<br />
Thornton’s ‘Suffolk Top 100’ businesses<br />
Robert Hughes<br />
When we look at how much has changed for local businesses in the area, the mind boggles.<br />
We’ve seen a series of economic depressions as well as the digital switchover in 2011.<br />
There’s also been the Harry Potter phenomenon and the rise of social media, not to<br />
mention iPhones and iPads. We were keen to understand what has helped Hughes stand<br />
the test of time and remain a leading electrical retailer across the region. Robert Hughes,<br />
current MD, gave us a deeper insight into the brand and tells us all about their history,<br />
current status and future plans.<br />
issue <strong>16</strong> | page 56
iQ business profile<br />
Generations of greatness<br />
Since its foundation in 1921 by Frank Hughes in<br />
Lowestoft, the 3rd-generation family-run business is now<br />
standing stronger than ever. Robert joined the business<br />
in 1996, where he took over from his father and uncle.<br />
Originally raised in Lowestoft and now living in Bury<br />
St Edmunds, Robert has undoubtedly played a pivotal<br />
role over the last 20 years. “We’ve opened a further 23<br />
stores across the area and take real pride in seeing the<br />
business succeed. Every member of the team takes huge<br />
pride in the service we deliver to ensure customers are<br />
always more than satisfied,” Robert explains. Hughes<br />
not only now operates across the whole of East Anglia, it<br />
also dominates the online, trade and rental market. They<br />
are in fact now positioned as the country’s fourth largest<br />
electrical retailer.<br />
Customer focus<br />
“Understanding our customer has always been integral<br />
to how we do things,” Robert says. Most businesses are<br />
aware that the customer has the power; however Robert<br />
always aims to exceed the norm. He explains, “It’s always<br />
better to under promise and over deliver.” When it comes<br />
to delivery times for example, they always give themselves<br />
an extra day when proposing times to a customer. “We<br />
undertake approximately 2,000 calls a month which<br />
statistically is 25% of new business. Net Promoter Score<br />
(NPS) measures us from 0-10, 0 being the lowest and<br />
10 the highest.” Hughes consistently achieves an NPS<br />
average of at least 8.5, which Robert says, “speaks for<br />
itself.” This is an effective way of measuring how happy<br />
customers are with the company’s products, but more<br />
importantly, the service they have received. Robert is<br />
always sure to follow up any negative feedback, as he<br />
feels this is just as important. Robert says, “It’s not about<br />
thinking of negative feedback badly, it’s about how<br />
you act on it and turn it around. Depending on what’s<br />
happened, we always try and make it up to the customer.”<br />
Recruiting talent<br />
“We’ve really learnt over time the benefit of recruiting the<br />
right people. I strongly believe that you should appoint on<br />
personality, as the relevant skills and knowledge can be<br />
taught, but ‘social intelligence’ can’t!”<br />
Hughes bring the best talent into the business, it also offers<br />
an impressive training programme to keep knowledge and<br />
motivation up. “We’ve seen real benefits from investing<br />
time in our people in order to help them fulfil personal<br />
career goals.” Robert also thinks it’s important to reward<br />
his staff and it’s another great way of keeping them<br />
motivated and encouraged. “When I hear of our staff<br />
giving good service, I always make sure they’re recognised<br />
and rewarded - it makes them feel good.”<br />
“Understanding our customer<br />
has always been integral to<br />
how we do things. It’s always<br />
better to under promise and<br />
over deliver.”<br />
More Information<br />
01284 755919<br />
www.hughes.co.uk<br />
Hughes, 4 Brentgovel Street, Bury St Edmunds, IP33 1EA<br />
issue <strong>16</strong> | page 57
Robert highlighted four defining<br />
factors that have contributed to<br />
Hughes’ success in spite of the<br />
many industry changes:<br />
iQ business profile<br />
1. Reinvesting profit<br />
“By leaving the money in the business, profit is<br />
continuously used to maintain and improve existing<br />
stores in order to consistently fulfil customer needs.<br />
Our profits are also reinvested in staff training as well as<br />
advertising and marketing.”<br />
2. Owning the properties we trade from<br />
“Across our 45 stores, 35 of these are owned outright.<br />
This places us in a financially secure position as we<br />
control our cost base, have no large rents to pay each<br />
month and have collateral to borrow against to finace<br />
future explansion.”<br />
3. Being multi-channel<br />
“Customers no longer just want to access us through<br />
shops but also choose to do so from our website, social<br />
media, call centre, trade counters and even their home.<br />
We are successful in showing the same brand and service<br />
led culture across alll these touch points.”<br />
4. Being multi-product<br />
“Our origin is in TV and audio but we have expanded<br />
into both large and small kitchen appliances as well as<br />
IT so that we can tap into both the replacement and<br />
technology buying cycles. For example, TVs are a luxury,<br />
they are not something we ‘need.’ Fridges, freezers and<br />
washing machines on the other hand, are much more<br />
of a necessity. When these break, we often need a<br />
replacement rather quickly.” It also makes us less reliant<br />
on any one catergory for our success.<br />
More Information<br />
01284 755919<br />
www.hughes.co.uk<br />
Hughes, 4 Brentgovel Street, Bury St Edmunds, IP33 1EA<br />
Defining moments<br />
Being the preferred supplier of appliances<br />
to the London 2012 Olympics was just<br />
one of Hughes most poignant successes<br />
over recent years. “We won the bid for the<br />
2012 Olympics after a lengthy tendering<br />
process. We were appointed because we<br />
were able to offer a zero carbon solution<br />
by renting the appliances to our many<br />
customers after the games and by offering<br />
a website so that the games makers could<br />
get priority purchasing. We were also able<br />
to provide a follow-up destination for the<br />
products which they thought was great!”<br />
Alongside this, in 2011 Hughes not only<br />
celebrated their 90th birthday but also<br />
won the EDP Business of the Year. In<br />
the same year Hughes also received the<br />
ERT Independent Electrical Retailer of<br />
the Year.<br />
Looking to the future<br />
So what’s next for Hughes? As with the<br />
last 20 years, Robert plans to keep the<br />
energy going! He reassures us that his<br />
stores are collectively trading as well as<br />
they have ever been and the expansion of<br />
the shop in Bury St Edmunds is a sign of<br />
this confidence in the future. Its Click and<br />
Collect option is also something which<br />
has proved to be hugely popular. Hughes<br />
anticipates this will continue to rise since<br />
it offers customers an even easier option.<br />
SmartHome will also be seeing a big push<br />
as Robert and his teams educate their<br />
customers on easy home solutions to suit<br />
every budget.<br />
issue <strong>16</strong> | page 59
iQ people<br />
PEOPLE<br />
POWER<br />
We find out how a 30-year-old business is bringing in change by<br />
prioritising the investment of its people<br />
If you had a penny for every time you read a quote<br />
about the ‘importance of your staff’, you’d probably<br />
be a millionaire. But if we’ve heard it so many times,<br />
why is developing people still such a hot topic for<br />
business owners? Quite simply, because it is always<br />
really going to matter. Architectural ironmongers BJ<br />
Waller, is testament to what a smart and considered<br />
staff development plan can do for business.<br />
Established on the outskirts of Ely in 1982, BJ Waller<br />
has grown to become one of the leading architectural<br />
ironmongers in the region, working with architects,<br />
specifiers and contractors from across the country.<br />
“We’ve worked hard to develop a high-end product<br />
range that our customers want and we believe in,”<br />
explains Luke Piper, Sales Director. “But our product<br />
range would be meaningless without the people<br />
behind the scenes who support our customers day in<br />
and day out.”<br />
BJ Waller’s 12-strong team is made up of specification<br />
experts, sales and marketing executives, warehouse<br />
assistants, account managers and administration<br />
specialists as well as drivers. “We’ve recruited carefully<br />
over the years, ensuring that we’re bringing in people<br />
with the right skills, personality and aptitude for<br />
learning,” Luke explains. “We believe that happy<br />
and fulfilled staff are the best way to ensure a high<br />
standard of customer service, which is why this is a<br />
key focus for our business.<br />
Megan Ashdown is a prime example of BJ Waller’s<br />
commitment to its people. Megan joined the team in<br />
February 2011 as an Admin Assistant and showed<br />
huge potential early on. “In Megan, we had a bright<br />
and capable self-starter who really ‘got’ what we were<br />
all about. We pushed her on and she’s now our Sales<br />
and Marketing Executive, with a Level 1 qualification<br />
from the Guild of Architectural Ironmongers. She’s<br />
also the key point of contact for our marketing<br />
agency and has also been named as a ‘Top Under<br />
30’ in the iQ <strong>Magazine</strong> campaign.”<br />
The staff receive comprehensive and regular<br />
sales training to ensure they have a extensive and<br />
detailed product knowledge. “Customers choose<br />
us because of how we work, as well as the products<br />
we sell,” Luke says. “They<br />
appreciate our door packing<br />
service, or the attention<br />
to detail in our door<br />
scheduling documentation,<br />
as well as the hardware<br />
they’re buying – and it’s this<br />
that will keep them coming<br />
back time and time again.”<br />
In addition to supporting its<br />
existing people, BJ Waller<br />
has recruited new support<br />
staff at various levels to<br />
BJ Waller is<br />
a testament<br />
to what a<br />
smart and<br />
considered staff<br />
development<br />
plan can do for<br />
business<br />
ensure the growing business is able to keep up<br />
with demand. “Ours is a people business, and we<br />
will also put the effort into giving our customers<br />
the best service. It’s no coincidence that by looking<br />
after our people and celebrating their achievements,<br />
we continue to deliver a proactive and popular<br />
service our busy clients can depend on, and happily<br />
recommend.”<br />
More Information<br />
www.bjwaller.co.uk<br />
issue <strong>16</strong> | page 61
iQ review<br />
book<br />
review<br />
Bio: With a long history of acting as consultant to the senior leaders<br />
of many successful businesses, Paul Ballman has a range of skills and<br />
experience to help companies expand and grow. After studying for a<br />
degree in psychology, Paul went on to join a telemarketing company,<br />
before moving into the world of business consulting. He has conducted<br />
over 2,000 interviews with many top employers to find out which strategies<br />
have worked for them in terms of developing their company and why<br />
these have been so successful. Recently, Paul has been working for YSC, an<br />
organisation that aims to help businesses succeed by working closely with<br />
their employees to achieve maximum potential. In 2013, Paul was made<br />
CEO of the company and is now responsible for managing the 17 global<br />
offices. By studying various theories and modules proposed by some of the<br />
leading gurus in business consulting, he has acquired invaluable knowledge<br />
that is presented to us in the form of his book ‘Red Pill’, which, ironically,<br />
is a little hard to swallow.<br />
Review: The book itself is well-written and offers an insight into the<br />
world of business consulting, with helpful tips and guidance. However,<br />
it does show the side of business that is not always talked about, the<br />
struggles and cold hard truths about leadership – essentially, it’s not all<br />
fun and games. Despite this, the anecdotes Paul includes are interesting.<br />
For instance, in the fascinating story about choosing a title for the book, he<br />
explains that his idea came from the film ‘The Matrix’ where the character<br />
is offered a choice between two types of pill. The blue pill allows them<br />
to return to the comfy illusion of the past, blissfully unaware of reality,<br />
whereas the red pill reveals the harsh truth, which one may find a lot<br />
harder to handle than the illusion. The aim of this book is to open up<br />
the world of enterprise, giving a realistic overview of leadership, which<br />
previous business leaders were too afraid to disclose. Overall, it’s a good<br />
read which gives an interesting perspective on leadership that is bound to<br />
inspire budding entrepreneurs.<br />
Red Pill:<br />
The Truth<br />
About<br />
Leadership<br />
Author: Paul Ballman<br />
Paperback: £8.99;<br />
Kindle edition: £4.99<br />
Article by<br />
Lauren Sullivan<br />
issue <strong>16</strong> | page 62
You might not expect your<br />
accountant to be trendy,<br />
but you would expect<br />
them to be on trend.<br />
What’s trending this month?<br />
Auto-enrolment is the biggest change<br />
to Workplace Pensions for generations.<br />
As a consequence of the changes<br />
to Workplace Pension legislation, all<br />
employers will be required to ensure their<br />
employees have a pension in place.<br />
For further information and to download<br />
our guide please visit our website:<br />
www.streetsweb.co.uk<br />
www.streetsweb.co.uk 01223 570000<br />
info@streetsweb.co.uk<br />
Follow us on Twitter @streetsacc<br />
Watch us on YouTube<br />
Connect with us on LinkedIn<br />
Offices in Cambridge, Newmarket, Peterborough, Bedford (Wyboston Lakes) and Stevenage.