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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 />

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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.

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