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<strong>Issue</strong> <strong>18</strong>: september - november 2016<br />

issue <strong>18</strong> | page 1


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<strong>IQ</strong> welcome<br />

welcome to the eighteenth 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 />

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Contact us<br />

01638 666432<br />

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At the start of September I attended a business leaders<br />

dinner courtesy of the Suffolk Chamber of Commerce.<br />

The evening was hosted by Matt Hancock MP who was<br />

there to answer questions and strike up debate for others<br />

to participate in around the table. The conversation<br />

inevitably centred around the hot topic of the moment:<br />

Brexit. Business leaders around the table seemed eager<br />

for reassurance of a clear plan and indications as to what<br />

will happen to the UK once we leave the EU. Although we<br />

have been given confidence in the new Prime Minister and<br />

her government’s ability to steer the ship, what will happen<br />

post Article 50 is failing to be predicted.<br />

Following the referendum, I read a great quote which was<br />

in favour of a second vote, it said ‘who would enter<br />

a game of poker not knowing the stakes?’ I couldn’t agree<br />

more, which is why I predicted (abysmally) in the last issue<br />

of iQ that the referendum would have a low turn out!<br />

With the overwhelming amount of misleading and<br />

conflicting information the leave and remain camp were<br />

publicising, I couldn’t see how anyone could possibly make<br />

an informed decision. However, it seems that I was wrong<br />

and the UK chose to vote anyway!<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>18</strong> | page 7


iQ contents<br />

In THIS<br />

ISSUE<br />

Gemma Treby Editor<br />

John Treby Creative Director<br />

Sammi Nice PR & Editorial Executive<br />

Elyssa Fagan PR & Marketing<br />

Rachel Cracknell PR & Marketing<br />

Pete Townshend PR & Marketing<br />

Becca Plaxton Publication Sales<br />

Adam Blythe Designer | Rachael Savory Designer<br />

Matt Cockerton Designer | Eugene Hector Designer<br />

James Willcox Designer | Steve Parr Designer<br />

Expert Contributors<br />

Peter Waters | Emma Thornton<br />

Emmerson Dutton | Steve Elsom<br />

Miles Vartan | Glen Mon Hughes | Ashley Hicks<br />

James Pinchbeck | Jacqui Burke | Jacqui Kemp<br />

Cubiqdesign<br />

Goodwin Business Park<br />

Newmarket, CB8 7SQ<br />

01638 666432<br />

www.iqmag.co.uk<br />

10<br />

14<br />

17<br />

19<br />

20<br />

23<br />

25<br />

26<br />

28<br />

30<br />

33<br />

34<br />

36<br />

38<br />

41<br />

42<br />

45<br />

46<br />

48<br />

52<br />

57<br />

60<br />

61<br />

62<br />

Hinkley Point C: What does this mean for<br />

the future of Suffolk?<br />

The consequences of Brexit<br />

HR post-Brexit: Keep calm and carry on<br />

Post-Brexit property: Expert insight<br />

Brexit on tourism: Opportunity or threat?<br />

Brexit: Are we facing an international<br />

M&A smash and grab?<br />

Employee wellbeing and the EU Referendum<br />

Newmarket BID: Planning the next five years<br />

Suffolk’s newest and most impressive attraction<br />

The arc Shopping Centre: seven years on<br />

Inspiring colleagues and delegates<br />

Communications: Agency vs In-House<br />

Getting Cosy<br />

Content is King<br />

Re-investment is key<br />

Why business development might not be<br />

developing your business<br />

Secured growth<br />

Taking care of business<br />

The working environment<br />

Business Diary<br />

Feeling festive<br />

Quickfire Q&A with Ashley Hicks<br />

Book review: Bricks and Mortals<br />

Book review: The Inevitable<br />

issue <strong>18</strong> | page 9


<strong>IQ</strong> insight<br />

Hinkley Point C:<br />

What does this mean for<br />

the future of Suffolk?<br />

The Government’s decision to delay its final decision<br />

on EDF Energy’s plans to build a new nuclear power<br />

station at Hinkley Point C in Somerset is being<br />

scrutinised by Suffolk Chamber of Commerce for any<br />

knock-on effect on the Suffolk economy.<br />

Suffolk Chamber of Commerce is so exercised by<br />

this last-minute delay that it has written to the Prime<br />

Minister expressing its members’ worries.<br />

It is concerned for two main reasons, one general, and<br />

the other more specific to the business community here<br />

in Suffolk.<br />

The general reason is the message such a delay may<br />

have on business confidence and investment decisions.<br />

Since the Brexit vote, Suffolk Chamber of Commerce,<br />

alongside its national body The British Chambers of<br />

Commerce, has been urging Government to boost<br />

business confidence by accelerating its approval of<br />

major infrastructural projects.<br />

The delay on a final decision on Hinkley Point C is<br />

unhelpful and counter-productive in this regard, and<br />

especially when set against Government delays on<br />

other nationally significant infrastructure projects.<br />

It calls into question not only the opportunities for<br />

businesses from every part of the country to benefit<br />

from the £<strong>18</strong> billion project cost, but also the 25,000<br />

jobs that could be created during construction and the<br />

900 permanent jobs when the station is operational.<br />

The more specific issue for Suffolk Chamber of<br />

Commerce is the knock-on impact of the delay in<br />

approving Hinkley Point C on the prospects for the<br />

prospective new station at Sizewell on the Suffolk coast.<br />

Suffolk Chamber has a close working relationship<br />

with EDF Energy, and its belief is clear: the nuclear<br />

industry is good for Suffolk and good for businesses<br />

here in Suffolk.<br />

It has been good for Suffolk, thanks to both<br />

the jobs created directly and indirectly and<br />

in terms of investment in the skills base<br />

of our local workforce over many decades.<br />

Sizewell B is worth £40 million a year to the<br />

local economy. The building of<br />

a new nuclear<br />

issue <strong>18</strong> | page 10


<strong>IQ</strong> insight<br />

Miles Vartan, Supply Chain Manager at Suffolk<br />

Chamber of Commerce, outlines why the Government’s<br />

delay in deciding on Hinkley Point C power station could<br />

hurt Suffolk’s economy<br />

power station would further boost our economy, both<br />

during construction and once it is up and running.<br />

The Chamber has been working closely with EDF<br />

Energy through the local supply chain website<br />

(www.sizewellcsupplychain.co.uk) to ensure that as<br />

many local businesses as possible have a chance to pick<br />

up contracts, should Sizewell C get the go ahead.<br />

80% of work packages related to building<br />

and running a power station are non-nuclear.<br />

Therefore, there will be plenty of opportunities<br />

for SMEs in Suffolk and for regional businesses.<br />

Of course, the benefits of Sizewell C would be felt<br />

nationwide as, once operational, the station would<br />

supply power for about 6 million homes and would<br />

make a significant contribution to this country’s long<br />

term energy security.<br />

That is why Suffolk Chamber of Commerce urges the<br />

Government to keep this extra time for reflection to an<br />

absolute minimum, before approving the Hinkley Point<br />

C project, both in itself and so as to free up progress<br />

on the Sizewell C proposals and public consultation on<br />

the project.<br />

More information<br />

Suffolk Chamber of Commerce<br />

42 Felaw Street, Ipswich, Suffolk IP2 8SQ<br />

01473 680600<br />

www.suffolkchamber.co.uk<br />

issue <strong>18</strong> | page 11


'Big enough to cope but<br />

small enough to care’<br />

CorporateINTL<br />

GLOBAL AWARDS<br />

WINNER 2016


issue <strong>18</strong> | page 13


<strong>IQ</strong> brexit<br />

You can’t make a massive, seismic shift in the national<br />

economic future without some discussion.<br />

What must have surprised everyone, from Prime<br />

Ministers and politicians to business leaders and<br />

economists worldwide, has been the breadth - which has<br />

been sometimes vicious and threatening - of the myriad<br />

of comments made.<br />

The day after the Referendum vote - who could forget<br />

the Breaking News logo on the BBC website around<br />

6am with the headline saying ‘Britain Votes to Leave the<br />

European Union’ - social media immediately erupted<br />

with millions of words of relief, accusation, confidence,<br />

anger . . . almost every emotion.<br />

Michael Gove, a leading Brexit campaigner, famously<br />

dismissed the views of experts, saying they were of no<br />

consequence. So why are they employed?<br />

Mr Gove has since faded away. Yet, since the morning<br />

of 24th June, expert views prevail.<br />

Their views – fabricated or not – make the<br />

news, and have affected markets.<br />

For anyone running a business – small<br />

businesses, especially – the picture is<br />

extraordinarily confused. At the<br />

beginning of August, news came that<br />

the service sector, an extraordinarily<br />

important part of the UK economy,<br />

was shrinking at a faster rate than<br />

ever. This could be the moment<br />

alarm bells<br />

started to<br />

ring twice as<br />

loudly, but there were calm words from Marcus Scott,<br />

chief operating officer of The City UK.<br />

Speaking on BBC Radio Four’s Today programme, he<br />

revealed astounding figures. Some 2.2m people work in<br />

the financial services industry in the UK, with two thirds<br />

of those working outside London. In 2014, they paid<br />

taxes amounting to £66bn, two thirds of the nation’s<br />

education budget. Yet that calm front broke rather, when<br />

he said that the UK still wanted access to the European<br />

Single Market and that financial services should be a<br />

priority in forthcoming negotiations.<br />

With East Anglia supporting a range of highly<br />

prestigious universities, Scott’s other comments were<br />

particularly relevant. “We have a great deal of skilled<br />

talent in the UK,” he said. “Evidence shows that those<br />

who were educated in the UK often make favourable<br />

decisions regarding inward investment in the UK later<br />

in their lives.”<br />

So, as a nation, we<br />

are wringing our<br />

hands about<br />

the dent to<br />

the economy<br />

which Brexit<br />

has caused.<br />

The pound<br />

has fallen<br />

issue <strong>18</strong> | page 14


<strong>IQ</strong> brexit<br />

Glen Mon Hughes takes a look<br />

at the national economic future<br />

following Brexit<br />

in value, though exporters say that makes UK exports<br />

more competitive. The stock market initially crashed,<br />

but is recovering and heading back towards record highs.<br />

Then we read that France, hardly a nation in search of<br />

Frexit (although National Front leader, Marine Le Pen,<br />

who seems to be surging in the polls, has said it is time<br />

for a similar exercise across The Channel) has seen a<br />

massive slump in output and economic performance.<br />

Eurozone economic performance halved in the second<br />

quarter, yet France, a vocal critic of the UK’s decision,<br />

saw zero growth in the quarter to the end of July.<br />

Tellingly, data released in July showed that Eurozone<br />

jobless figures were fixed at 10.1% in June. On the day<br />

that the UK lowered interest rates to just one quarter<br />

of one per cent, the Governor of the Bank of England<br />

expected that UK unemployment rates would rise to<br />

just over 5% - considerably lower than in neighbouring<br />

Eurozone countries.<br />

Growth prospects have been lowered in the UK, but<br />

Eurozone nations, as well as competitors elsewhere, have<br />

lower growth prospects.<br />

What does it all mean? The economic world has ended?<br />

Or has it begun anew? Can we control our future or not?<br />

When interest rates fell, some welcomed the move.<br />

“Small businesses are operating during a period of<br />

significant political and economic uncertainty,”<br />

said Mike Cherry, the National Chairman<br />

of the Federation of Small Businesses.<br />

“FSB research carried out before the Referendum<br />

showed small business confidence had fallen to a<br />

four-year low. In this challenging environment, it is<br />

encouraging to see the Bank of England taking decisive<br />

action to boost the economy.<br />

“This is the first time interest rates have been cut<br />

for seven years. Lower rates should lead to cheaper<br />

borrowing costs, making finance more affordable and<br />

helping to support business investment. Small firms will<br />

also welcome the boost to household spending power<br />

and consumer demand.<br />

“However, FSB members do have concerns about the<br />

longer-term economic outlook. There is a real risk that<br />

sterling will depreciate even further, which could benefit<br />

the UK’s visitor economy and small exporters, but could<br />

also affect prices, inflation and investment. Mediumterm<br />

forecasts indicate a slowing of the economy.”<br />

Nearly 5.5m small businesses make a considerable<br />

impact on the UK economy. Their confidence in East<br />

Anglia has always been key to the local economy.<br />

Challenges exist, of course. Investment in infrastructure<br />

is vital for the region. Small businesses, education,<br />

research and many other sectors are highly significant.<br />

Who knows what may happen?<br />

Expert comments remain vital and, of course, will<br />

continue.<br />

More information<br />

www.iqmag.co.uk<br />

issue <strong>18</strong> | page 15


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call-hr.com | 0845 299 6195


<strong>IQ</strong> HR<br />

HR Post-Brexit:<br />

Keep Calm<br />

and Carry On<br />

Jacqui Burke of Flourishing People<br />

gives a post Brexit HR overview<br />

The recent Brexit vote has created uncertainty in<br />

many aspects of our lives and the world of HR is one<br />

of those that many businesses are wondering about.<br />

For many who voted to leave the EU it was the<br />

imposition of EU red tape and regulations that perhaps<br />

prompted that vote.<br />

And it would be true to say that some of the UK’s<br />

employment legislation does have its origins in<br />

Brussels in areas such as:<br />

• Anti-discrimination<br />

• Treatment of pregnant workers<br />

• Working time rights<br />

• Employment of agency workers<br />

• Rights to collective consultation<br />

• Health and safety rights<br />

However, the process that our Government has<br />

used over the years is to weave various pieces of EU<br />

legislation into the UK’s own legislation rather than<br />

tag it on the side. An example of this would be laws<br />

relating to equality and discrimination. In 2010 the<br />

UK Government removed a whole host of existing<br />

legislation and replaced it with the Equality Act. This<br />

incorporates both EU and UK legislation in one Act.<br />

And in some cases the UK Government has<br />

introduced legislation that goes beyond the original EU<br />

requirements.<br />

However, the Brexit vote does mean that the UK<br />

Government is no longer constrained by EU rules if<br />

they do wish to remove certain pieces of legislation in<br />

an effort to reduce red tape for businesses.<br />

Another factor to consider, however, is that those<br />

businesses who wish to continue trading with the EU,<br />

may find that future trade agreements still require them<br />

to demonstrate that they are meeting EU standards in<br />

order to continue with that trade relationship.<br />

So in summary:<br />

• Nothing will change any time soon.<br />

• Changes may not be as radical as some might be<br />

expecting - whole chunks of legislation are unlikely<br />

simply to disappear - changes are likely to be minor<br />

and implemented in a piecemeal fashion as each<br />

individual piece of legislation is reviewed.<br />

• Businesses may still need to abide by certain EU rules<br />

if they wish to trade with the EU.<br />

So the key message to employers at this time is -<br />

keep calm and carry on!<br />

More Information<br />

Flourishing People<br />

07770 477 688<br />

www.flourishingpeople.co.uk<br />

issue <strong>18</strong> | page 17


<strong>IQ</strong> property<br />

Post Brexit<br />

Property:<br />

Expert<br />

Insight<br />

Since the result of the EU Referendum, there has been a huge amount of<br />

speculation surrounding the effects of the Brexit vote on the housing market,<br />

but so far no obvious consequences. We caught up with Emmerson Dutton,<br />

Partner at Bedfords estate agents in Bury St Edmunds, to find out more<br />

What are the current effects of the Brexit vote on<br />

the property market?<br />

Presently, it is quite difficult to see beyond the typical<br />

summer ‘lull’ that we would expect ordinarily in August,<br />

but the initial knee-jerk reaction from buyers on the<br />

day of the result was just that, and we had no real fall<br />

out with ongoing transactions. My instinct is that we are<br />

running very much business as usual.<br />

What are the potential implications for the next<br />

five years?<br />

Inflation and interest rates will be watched closely. I<br />

think the Bank of England are acting responsibly and<br />

are aware of how fractious things could be. I would<br />

not expect any great capital growth in the short term,<br />

but supply and demand will continue to underpin any<br />

thought of price retraction. The demand to live in<br />

Suffolk is supporting prices, however, we are advising<br />

clients not to be bullish, but realistic.<br />

Who will be most affected and why?<br />

At a local level, those that are struggling to afford to<br />

buy will not see the situation change, rental prices are<br />

strong – almost too high, but there is no reason to see<br />

how things will change dramatically. One could argue,<br />

if interest rates continue at rock-bottom, those with cash<br />

in the bank doing nothing will undoubtedly consider<br />

property as a better yield for their money.<br />

What measures, if any, could be employed to<br />

combat any negative impact?<br />

There is sadly no rule book for this, but a continuing<br />

flow of communication from the Government and the<br />

Bank Of England will reassure many, and we can only<br />

watch closely the effects of Article 50 when it begins.<br />

What are you doing to prepare for the potential<br />

implications?<br />

We are being watchful, cautious in our outgoings and<br />

thinking twice before we invest in heavy business costs.<br />

We are doing all we can to make the most of any<br />

opportunities that come to us at the moment, as we<br />

are not taking anything for granted. We are confident<br />

the region will be resilient. Buyers on the whole are not<br />

using Brexit as a tool for negotiations, which says an<br />

awful lot about their mindset.<br />

More Information:<br />

Bedfords, 15 Guildhall Street,<br />

Bury St Edmunds, Suffolk IP33 1QD<br />

01284 769 999<br />

www.bedfords.co.uk<br />

issue <strong>18</strong> | page 19


<strong>IQ</strong> tourism<br />

We speak to Pete Waters, Executive Director of Visit East<br />

Anglia, to get the post-Brexit lowdown on one of our most<br />

important industries<br />

How has the Brexit vote affected the UK tourism<br />

industry?<br />

Short term it appears to have provided an uplift for the<br />

visitor economy in East Anglia. Brexit allied to economic<br />

uncertainty, fear of terrorism in Europe causing some<br />

people to think twice about travelling abroad, and the<br />

weaker pound has produced a double win – more people<br />

enjoying staycations, and we’re currently good value for<br />

overseas visitors.<br />

What are the potential implications for the<br />

future?<br />

It’s too early to say what the long-term impact will be<br />

until Article 50 is invoked and the negotiations shake<br />

down to resolutions. It could go either way. It’s an<br />

opportunity but also a threat.<br />

Who will be most affected and why?<br />

There is a risk that our reputation as a welcoming,<br />

friendly destination could be affected if the negotiations<br />

are protracted and bitter. There is an important PR<br />

role here for the tourism industry, Visit Britain and<br />

the government to take into consideration. If it looks<br />

like we’re taking our ball and walking from the field,<br />

it will have an adverse impact. This is as much about<br />

perception as reality. We also need immigration, and not<br />

just highly-skilled, high earners – the visitor economy<br />

here in East Anglia relies on that.<br />

How will Brexit affect the way British people<br />

holiday?<br />

Again, we can’t be certain. It could be the weather that<br />

is a bigger factor. The trend now is to book shorter and<br />

later, so if the weather is good there’s a chance they’re<br />

likely to stay in Britain. East Anglia is the combined<br />

sunniest-driest region in the country so we’re in a good<br />

position to benefit from that.<br />

How will Brexit affect incoming international<br />

tourism from both inside and outside Europe?<br />

If sterling continues its post-Brexit trajectory, then we<br />

will be attractive to incoming visitors. The Head of<br />

the Metropolitan Police, Sir Bernard Hogan-Howe,<br />

has said it’s a matter of when, not if, there is a terrorist<br />

attack in this country, but as things stand we are a safe<br />

destination. However, crucially, we must also be seen<br />

as welcoming to our overseas friends, particularly from<br />

the Continent. We are leaving the EU, not Europe. The<br />

authorities must crack down on any instances of antiimmigrant<br />

hate crime.<br />

What measures, if any, could be employed to<br />

combat any negative impact?<br />

PR and marketing, definitely. Confidence is everything<br />

in tourism, whether it’s businesses being optimistic<br />

enough about the future to invest in product, or<br />

potential customers wanting an enjoyable, welcoming,<br />

value-for-money experience. The government must talk<br />

up tourism.<br />

Are there any positives to come from this?<br />

There are positives in the short term, in that East Anglia<br />

is seeing more domestic and overseas visitors, but there’s<br />

no guarantee that will continue if negotiations go awry.<br />

If we’re to continue being attractive to overseas visitors<br />

we can’t allow a perception of unfriendliness to develop.<br />

issue <strong>18</strong> | page 20


<strong>IQ</strong> tourism<br />

How will Visit East Anglia be affected by the loss<br />

of the EU tourism budget?<br />

If the government are sensible, they’ll look at the best<br />

bits of EU legislation and retain them, particularly if<br />

they have positively impacted on this region’s largest<br />

industry sector and one of its biggest employers. The<br />

visitor economy is one that can be grown quickly if the<br />

environment is right.<br />

Where do you see the UK tourism industry in<br />

10 years?<br />

It’s too easy for our national character to talk ourselves<br />

into the doldrums. Norfolk alone has seen over £17m<br />

invested in visitor attraction product development<br />

in the last year, much of it weather-proofing, and<br />

that’s helping grow the year-round visitor economy.<br />

That should be the focus. We are open 12 months of the<br />

year, not 12 weeks.<br />

The majority of people do not have their breaks dictated<br />

by school holidays and they can take travel when they<br />

want. We should look for the positives in that. For<br />

instance, wildlife watching in East Anglia is best in the<br />

winter and spring.<br />

Also, growing the year-round visitor economy and<br />

increasing optimism and confidence overcomes the<br />

tropes thrown at tourism - seasonal work can be turned<br />

into full-time work, low wages can be improved and<br />

low skills can be up-skilled. That said, it would also be<br />

helpful if schools could stagger their holidays.<br />

I get supply-and-demand, but it’s taking advantage of<br />

families who have no choice and it doesn’t make parents<br />

think well of us.<br />

What is your advice to SME owners across the<br />

region?<br />

Be confident that Brexit will be a success. The thought<br />

of failure is a self-fulfilling prophecy.<br />

Cambridge is a city that welcomes over<br />

5million visitor trips a year, so how will<br />

Brexit affect this major city? Emma<br />

Thornton, Chief Executive at Visit<br />

Cambridge and Beyond explains more<br />

“A recent survey undertaken by the Tourism Alliance<br />

of its members indicates that it really is too early<br />

to tell how the Brexit vote will affect Cambridge<br />

and the UK Tourism industry. The majority of<br />

respondents in this survey reported no demonstrable<br />

impact to date; that cancellations were not up,<br />

forward bookings remained the same, general<br />

confidence level is positive and the perception was<br />

that investment in the sector remains the same.<br />

“Brexit has created some new opportunities for<br />

Cambridge and the surrounding area. Using the<br />

audience we have on our doorstep to explore our<br />

beautiful city and the surrounding area is something<br />

we’re looking to grow. At Visit Cambridge we’re<br />

continuing to develop and innovate, finding more<br />

unique selling points of our city and the area. We<br />

want to set Cambridge apart from its competitors<br />

and continue to deliver outstanding customer service<br />

to ensure visitors (and their friends and family) come<br />

back time and time again.”<br />

More information<br />

www.visiteastofengland.com<br />

issue <strong>18</strong> | page 21


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<strong>IQ</strong> brexit<br />

Brexit:<br />

Are we facing<br />

an international<br />

M&A smash<br />

and grab?<br />

With Cambridge-based<br />

ARM Holdings’ co-founder<br />

describing its takeover by<br />

SoftBank as a ‘sad day’ for<br />

the British tech industry,<br />

we take a closer look at<br />

whether this could become<br />

an all-too-common case in a<br />

post-Brexit Britain<br />

The British Chancellor, Philip Hammond, stated on his<br />

Twitter feed that this “shows UK has lost none of its<br />

allure to global investors - Britain is open for business,”<br />

while the Chairman of SoftBank, Japan’s second richest<br />

man, Masayoshi Son, said, “We did not need to do this,”<br />

and “It’s my way of showing commitment to the UK.”<br />

Whatever your thoughts on the above, the fact remains<br />

that a market-leading British tech firm was bought by<br />

a Japanese electronics powerhouse (whose Chairman is<br />

one of the world’s most savvy investors) three weeks after<br />

the EU Referendum, when the pound was at the bottom<br />

of a year-long 30% fall against the yen.<br />

Herman Hauser, co-founder of ARM Holdings, told the<br />

Financial Times, “The fall in sterling has made this very<br />

cheap, and while I suspect they were considering it for a<br />

long time, they have acted now because the opportunity<br />

is there.” And it seems he could be right, at least for the<br />

short term, with another three major foreign acquisitions<br />

of British firms taking place just weeks after the Brexit<br />

result. These include the takeover of Odeon Cinemas<br />

by US cinema chain, AMC Theatres; the takeover of<br />

Poundland by South African retailer, Steinhoff; and<br />

Newscorp’s acquisition of Wireless Group (owner of<br />

Talksport). But will Brexit mean a sustained foreign raid<br />

on British business assets, or is this a flash in the pan<br />

reaction to the sterling slump?<br />

Many experts believe that it is merely investors taking<br />

advantage of market conditions, as opposed to a direct<br />

result of Brexit. This view is shared by Piers Prichard<br />

Jones, Partner at legal firm Freshfields Bruckhaus<br />

Deringer, who told the Financial Times, “Strategic deals<br />

that make sense regardless of Brexit may be accelerated<br />

because the current market conditions present<br />

opportunities. A lot of UK companies, particularly those<br />

with significant non-sterling revenue, feel like they should<br />

be reviewing their takeover defence procedures now.”<br />

Uncertainty is the underlying cause of the recent<br />

market turmoil, and consequently the weaker pound,<br />

so, with cheap deals a big temptation, will the lure of<br />

rich rewards persuade any more brave investors to take<br />

a punt, or will unpredictability prove to be the strongest<br />

influencer of international M&A market behaviour?<br />

We’ll just have to wait and see.<br />

issue <strong>18</strong> | page 23


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


Employee Wellbeing<br />

and the EU Referendum<br />

by Jacqui Kemp, of Namasté Culture<br />

<strong>IQ</strong> HR<br />

Business uncertainty has grown following<br />

the EU Referendum; until the negotiations to<br />

withdraw under Article 50 are complete, it is<br />

impossible to know what the impact will be on<br />

employers and employees.<br />

Impact on EU Nationals<br />

On 12th July, the Government announced on its<br />

website that ‘When we do leave the EU, we fully<br />

expect that the legal status of EU nationals living<br />

in the UK, and that of UK nationals in EU<br />

member states, will be properly protected.’<br />

Hopefully, this statement will have helped to<br />

alleviate most of the fears of the 2.1 million EU<br />

nationals working in the UK.<br />

Perceived Job Insecurity<br />

However, research shows that ‘perceived<br />

job insecurity’ has serious effects on<br />

employees and businesses; when job<br />

security is under threat, it can have<br />

a more negative impact on health<br />

and wellbeing than actually losing<br />

one’s job.<br />

This is because when you have<br />

lost your job, you know how to<br />

respond and can take action to<br />

resolve the situation, but when a job is under<br />

threat people feel powerless.<br />

Until withdrawal negotiations are<br />

concluded, a level of uncertainty will<br />

remain in business; some industries will be<br />

harder hit than others with the removal of<br />

EU funding, so people may choose to find<br />

work outside the UK rather than face the<br />

uncertainty of two years of negotiations.<br />

Impact on Business and Personal Health<br />

Dr Tinne Vander Elst, a postdoctoral researcher<br />

in organisational and personnel psychology at the<br />

University of Leuven in Belgium, says “Research<br />

indicates that job insecurity reduces both physical<br />

and mental health, increases burnout, reduces job<br />

satisfaction and decreases work performance.”<br />

The impact this will have on businesses will<br />

be a reduction in productivity, a potential<br />

increase in presenteeism (working when<br />

unwell) and employee turnover, as well as<br />

difficulty recruiting to certain roles due to<br />

a shortage of labour.<br />

What can Businesses do?<br />

In the absence of information from the<br />

top, employees will start to openly<br />

question what is happening; the<br />

rumour mill then takes over and<br />

impacts on productivity.<br />

To counter this, managers need<br />

to communicate openly and<br />

regularly with their people,<br />

reassure their EU migrant<br />

workers, and clamp down on any<br />

bullying or harassment which has<br />

seen an increase in certain regions<br />

since the Referendum.<br />

Even if there is nothing to report,<br />

let people know, otherwise rumours<br />

build, trust in management is broken and<br />

productivity drops.<br />

Namasté Culture provides Employee<br />

Wellbeing programmes and training<br />

in Equality and Diversity.<br />

More Information<br />

For more information call 01954 267640<br />

www.namasteculture.co.uk<br />

issue <strong>18</strong> | page 25


<strong>IQ</strong> newmarket BID<br />

iQ magazine looks at how the<br />

injection of £1.2million will help<br />

to transform Newmarket over the<br />

next five years, through a Business<br />

Improvement District<br />

Newmarket BID:<br />

Planning the next five years<br />

What is a BID?<br />

Business Improvement Districts (BIDs) in the UK have<br />

been operating for over 10 years and there’s now well<br />

over 200 across some of the biggest and smallest towns<br />

and cities throughout the country. BIDs are established<br />

to give businesses control in improving their trading<br />

environment. They are funded by businesses that are<br />

located within a defined geographical area or those<br />

businesses that pay a voluntary fund to be a member.<br />

Newmarket is one of the most recent towns to have<br />

been voted in favour of creating a BID by the town’s<br />

businesses over the next five years, but what does this<br />

mean for Newmarket?<br />

Who will the Newmarket BID benefit?<br />

The Newmarket BID area has the potential to benefit<br />

the whole town, but there are boundaries as to where<br />

the support and investment will be injected.<br />

The BID zone covers a wide geographical area covering<br />

the end of Bury Road towards the Clock Tower, through<br />

the retail heart and up until Falmouth Avenue, where a<br />

potential new retail park will be developed. The zone<br />

covers north of Newmarket, to as far as Rowley Drive,<br />

covering Waitrose and The Watercourse Road. The area<br />

also encompasses the new National Heritage Centre for<br />

Horseracing and Sporting Art to the south-east of town.<br />

Each business within the zone with a rateable value of<br />

£5,000 and over will contribute<br />

to the BID. Businesses that are<br />

either outside the BID zone or<br />

have a ratebale value under<br />

£5,000 can opt-in to be a<br />

voluntary member. This will<br />

entitle them to the majority of<br />

the projects and services offered<br />

by the BID.<br />

issue <strong>18</strong> | page 26


<strong>IQ</strong> newmarket BID<br />

to establish a brand for the town, which will<br />

be recognised by residents and visitors alike,<br />

as the go-to place for all things ‘Newmarket.’<br />

The brand will be supported by a coherent<br />

marketing plan that will integrate a digital<br />

presence with offline awareness opportunities.<br />

The brand will also establish a yearly events<br />

calendar, supporting successful events that<br />

already exist as well as new ones.<br />

How will the investment be spent?<br />

Following a consultation process with businesses in the<br />

area, the next five years of investment will be spent on<br />

delivering these four key areas:<br />

Accessibility<br />

In order to attract new investment in the shape of<br />

visitors, new residents and employers, the perception<br />

and accessibility of the destination is key. Is Newmarket<br />

easy to get to and to explore as a visitor? Is it accessible<br />

to and from Cambridge and London for employees<br />

and businesses? Are there enough parking spaces for<br />

residents to shop and socialise in the town centre?<br />

Newmarket is a well-connected town, but there are<br />

fundamental accessibility points that can be improved.<br />

The BID will work to improve the signage in Newmarket<br />

through online activity and physical maps. Maximising<br />

the car parking space available in the town will also be<br />

investigated with the local authority. The BID will look<br />

to introduce incentives for those visiting the town, to<br />

stay longer and to spend more money with the town’s<br />

businesses.<br />

Marketing, Promotion and Events<br />

Searching for a destination to visit, live, work and study<br />

tends to start online. ‘Things to do in Newmarket’ are<br />

currently promoted by Discover Newmarket, Community<br />

Interest Company (CIC), but<br />

little collaborative marketing<br />

is done to bring people to the<br />

town, to showcase everything<br />

that is on offer.<br />

Disjointed marketing is to be<br />

a thing of the past, under the<br />

Newmarket BID. The BID will<br />

work with existing organisations<br />

A Warm Welcome<br />

Once a visitor, resident or potential business investor<br />

has finished searching online about a place and made<br />

their way to the destination, they want to arrive and be<br />

welcomed to a town that’s clean, safe and will provide<br />

them with a pleasant experience.<br />

The Newmarket BID will employ a Town Ranger that<br />

will provide a welcoming and reassuring presence for<br />

those in the town. They will be the eyes and ears of<br />

Newmarket, helping visitors to get around and assisting<br />

businesses with concerns and issues they may have.<br />

Business Support<br />

The Newmarket Business Improvement District is<br />

funded by businesses and run by businesses. Therefore, a<br />

business support function will be established, connecting<br />

the business community and delivering initiatives that<br />

will benefit the town and the businesses within it.<br />

The five-year vision<br />

At the end of the Newmarket Business Improvement<br />

District’s five-year term, £1.2million would have been<br />

invested in the town. This investment injection will<br />

promote Newmarket to a wider audience, competing<br />

with other towns and cities across the region and the<br />

UK. It will help Newmarket to be a place that residents<br />

want to talk about as a great place to live. A place that<br />

visitors want to stay for a night, a weekend or more. A<br />

place where businesses want to do and make business.<br />

Newmarket BID is being put in place to shout about<br />

its growing offer - its heritage, attractions of national<br />

significance, hotels, independent shopping streets and, its<br />

increasing business offer.<br />

More information<br />

www.newmarketbid.com<br />

issue <strong>18</strong> | page 27


<strong>IQ</strong> profile<br />

Suffolk’s Newest and<br />

Most Impressive Attraction<br />

The National<br />

Heritage Centre<br />

for Horseracing<br />

and Sporting Art is<br />

opening its doors<br />

in the heart of<br />

Newmarket this<br />

autumn, but what will<br />

the new site offer and<br />

how will it benefit our<br />

region?<br />

350 Years of History<br />

Newmarket has been at the heart<br />

of horseracing for 350 years and<br />

until now, the industry has all<br />

happened behind closed doors.<br />

With the exception of the horses<br />

on the Gallops in the morning, the<br />

industry is one that very few people<br />

have been able to explore, but this is<br />

all about to change with the opening<br />

of Suffolk’s biggest attraction.<br />

The site of the National Heritage<br />

Centre for Horseracing and<br />

Sporting Art spans five acres in<br />

the heart of Newmarket and is<br />

built on the land that Charles II<br />

once occupied. Palace House was<br />

originally built as a sporting palace<br />

for King Charles II, a monarch<br />

whose passion and pioneering<br />

ideas for racing and breeding is still<br />

enriched in the sport 350 years on.<br />

In <strong>18</strong>57 the Rothschild family<br />

acquired Palace House with the<br />

accompanying racing yard, making a<br />

number of improvements, including<br />

the creation of an additional yard.<br />

Under the Rothschild’s ownership,<br />

four Derby winners were trained<br />

from Palace House Stables,<br />

including ‘Macaroni’ trained by<br />

James Godding in <strong>18</strong>63, ‘Kisber’<br />

trained by Joseph Hayhoe in <strong>18</strong>76,<br />

‘Sir Bevys’ and ‘St Amant’ both<br />

trained by Alfred Hayhoe in 1904.<br />

The last trainer to occupy the Palace<br />

House Stables from 1965-1985 was<br />

the legendary Bruce Hobbs, who<br />

made history by winning the Grand<br />

National himself in 1938, at the age<br />

of just 17.<br />

3 Major Attractions<br />

The National Heritage Centre will<br />

comprise of three attractions in<br />

one. The first ever National Gallery<br />

of British Sporting Art will display<br />

the finest collection of sporting<br />

art, from field sports to popular,<br />

more modern pastimes. The Fred<br />

Packard Galleries will be located in<br />

Palace House and will feature works<br />

from Tate Britain and the V&A, as<br />

well as a number of other private<br />

and public collections.<br />

The new National Horseracing<br />

Museum will hold an internationally<br />

significant collection. The museum<br />

will tell the story of the ‘sport of<br />

kings’ from its origins to the present<br />

day, with a specific focus on the<br />

science behind the evolution of<br />

the thoroughbred. The museum<br />

will tell the story of flat and jump<br />

racing including everything from<br />

works of art to the silks worn by<br />

famous jockeys. It will use the latest<br />

technology to bring the exhibits<br />

to life, creating an exciting and<br />

interactive journey for visitors to<br />

follow.<br />

The final and most exciting part of<br />

the Heritage Centre will be a live<br />

horse experience in the new home<br />

for the Retraining of Racehorses<br />

Charity. Visitors will be able to<br />

meet former racehorses and watch<br />

demonstrations by them twice a day<br />

to showcase what these magnificent<br />

athletes go on to do after racing.<br />

As well as the three major<br />

exhibition spaces, there will be an<br />

education centre for school visits<br />

issue <strong>18</strong> | page 28


<strong>IQ</strong> profile<br />

More information<br />

Palace House, Palace Street,<br />

Newmarket, Suffolk CB8 8EP<br />

01638 667333<br />

www.palacehousenewmarket.co.uk<br />

and two state-of-the-art temporary<br />

exhibition spaces that will host a<br />

lively programme of collections<br />

throughout the year. The first<br />

temporary exhibition will explore<br />

the development of Tattersalls<br />

from a horse, carriage and hound<br />

auctioneer in the <strong>18</strong>th century<br />

to one of the world’s leading<br />

bloodstock auction houses.<br />

60,000 Visitors a Year<br />

Every year Newmarket welcomes<br />

millions of visitors to the town<br />

to explore its current attractions<br />

that include Tattersalls, the two<br />

Racecourses, the Jockey Club<br />

Rooms and the National Stud,<br />

to name a few. The Museum is<br />

expected to bring an estimated<br />

50,000 - 60,000 visitors a year to<br />

the town, five times more visitors<br />

than the current Museum attracts.<br />

The centre is to be a world-class<br />

venue, not only providing regional<br />

visitors with a new attraction, but<br />

also attracting racing enthusiasts<br />

on an international scale.<br />

Discover Newmarket is the central<br />

point for Tourist Information in the<br />

town and they will be continuing<br />

their tours to include the<br />

National Centre. The<br />

organisation will be looking<br />

to encourage weekend and weeklong<br />

trips to the area through<br />

marketing activity, to ultimately<br />

increase the spend of visitors<br />

in Newmarket. With the current<br />

economic contribution from visitors<br />

at £9million, the Centre is expected<br />

to help increase this significantly.<br />

From 17th to 21st Century<br />

The Fred Packard Galleries in<br />

Palace House will house the finest<br />

national hang of British Sporting<br />

Art. Three floors of artwork from<br />

famous artists such as George<br />

Stubbs through to Peter Blake<br />

demonstrate sport in art from the<br />

17th to the 21st century. Loans<br />

have come in from all around the<br />

country from private and public<br />

collections including the Tate and<br />

Victoria & Albert Museum and<br />

it will become the permanent<br />

home to the British Sporting Art<br />

Trust. Chris Garibaldi, director<br />

of the Horse Racing Museum<br />

said, “Through collections in the<br />

National Horseracing Museum<br />

and the Fred Packard Galleries, the<br />

National Heritage Centre showcases<br />

the role that Newmarket has played<br />

in the development of horseracing.<br />

It could not be more fitting that<br />

this is housed in the remains of the<br />

Palace that Charles II had built to<br />

enjoy the town and the sport in the<br />

1660s. The Rothschild Yard will<br />

bring everything to life with live<br />

exhibits - the heroes of the sport,<br />

the racehorse!”<br />

The National Heritage Centre<br />

opening will see the result of over<br />

10 years of meticulous planning,<br />

fundraising and construction<br />

come to fruition. It will be a<br />

world-class tourist destination that<br />

has transformed the centre of<br />

Newmarket providing a cultural<br />

quarter for the town. It will be a<br />

national resource for the whole<br />

of the community and we’re<br />

extremely excited to share this with<br />

Newmarket, East Anglia and the<br />

rest of the world.<br />

issue <strong>18</strong> | page 29


<strong>IQ</strong> profile<br />

seven years on:<br />

The arc Shopping Centre<br />

iQ magazine goes back in time to<br />

discover how the growth of the arc<br />

Shopping Centre has gone from being<br />

feared to being loved by the businesses<br />

and residents of Bury St Edmunds<br />

The arc Shopping Centre opened in March 2009 to<br />

heavy criticism from businesses in the town, in particular<br />

from independent retailers.<br />

2009 was a difficult year for many small businesses in the<br />

Suffolk town. First came the recession and then came<br />

the arc, a centre boasting some of the country’s top high<br />

street chains. This caused anger and worry throughout<br />

the independent business community.<br />

Bury St Edmunds received negative national coverage<br />

on the ‘double whammy’ hit for businesses in 2009.<br />

The link between the ‘old’ Bury St Edmunds and the<br />

‘new’ Bury St Edmunds, in the shape of the Shopping<br />

Centre, was heavily criticised, as well as the addition of<br />

chain stores that were huge competition for some of the<br />

independent businesses in the town.<br />

Moving on seven years, the arc Shopping Centre has<br />

established itself as the heart of Bury St Edmunds,<br />

which supports independent businesses and the town’s<br />

community. But how has the arc Shopping Centre been<br />

so successful in transforming this Suffolk town?<br />

Collaboration<br />

Organisations such as Ourburystedmunds, the Business<br />

Improvement District for the town, St Edmundsbury<br />

Borough Council and the Bury St Edmunds Chamber<br />

of Commerce, have their own priorities for growing<br />

and developing the town for their members. However,<br />

all these objectives are pulling together in the same<br />

direction, leading to a more prosperous and thriving<br />

town centre. There is an agreement about a clear vision<br />

for the future of Bury town centre, and the arc Shopping<br />

Centre has always been a part of this vision.<br />

Colin Roberts, the centre manager of the arc Shopping<br />

Centre, is a key spokesman across the town. A Director<br />

for Ourburystedmunds, sitting on the organisation’s<br />

Board, he regularly attends council meetings to work<br />

and assist with the development of the town centre,<br />

the shops, the food and drink sector and the tourist<br />

attractions. Therefore, Colin gets involved in town-wide<br />

initiatives that not only benefit the Shopping Centre, but<br />

other businesses too. As he explained, “Bury St Edmunds<br />

is flourishing and thriving because organisations such as<br />

the Council, Ourburystedmunds and other stakeholders,<br />

including independent businesses, work very closely<br />

together to promote all that the town has to offer. We<br />

all ‘sing from the same hymn sheet’, so to speak!”<br />

Economic Uplift<br />

When the arc Shopping Centre received the go ahead, a<br />

lot of the criticism focused on the new high street chains<br />

damaging the growth of the independent shopping<br />

scene. But in fact, the centre helped the town to grow.<br />

issue <strong>18</strong> | page 30


<strong>IQ</strong> profile<br />

More information<br />

arc Shopping Centre, 14 Prospect Row<br />

Bury St Edmunds, Suffolk, IP33 3DG<br />

01284 706037<br />

www.arc-burystedmunds.com<br />

The arc brought with it huge<br />

economic benefits. It created<br />

new jobs, developed a thriving<br />

public space as well as a fantastic<br />

entertainment centre, and, most<br />

importantly, it brought in new<br />

visitors. In fact, footfall in the arc Shopping Centre<br />

reached over 1 million people last Christmas, due to<br />

the ice rink and Coca-Cola truck. This benefited the<br />

Christmas trading period for all businesses in the town,<br />

not just those in the arc.<br />

Diversification<br />

The arc Shopping Centre is a commercial space, so<br />

property agent Jones Lang LaSalle needed to fill it<br />

quickly. However, for the arc Shopping Centre, it’s not<br />

just about full occupancy, it’s about bringing a diverse<br />

range of shops, restaurants and attractions to the town.<br />

The arc has not only allowed stores such as Next,<br />

Topshop and Topman to expand, but it has also<br />

welcomed restaurant chains Wagamama, Carluccio’s<br />

and Byron Burger, as well as stores Joules and Pandora,<br />

to open their very first Suffolk premises.<br />

“Many of the businesses that now exist in the arc would<br />

not have considered coming to the town before it was<br />

built. This is because there was a lack of suitable units<br />

available in the town at the time. There is no doubt that<br />

the arc has helped to stop the leakage of many local<br />

people from travelling to competitor towns, which in<br />

turn, has helped all businesses.<br />

“In fact, now the arc is fully let, other businesses are<br />

turning to other locations, such as Abbeygate Street and<br />

St Johns Street, to grow their businesses. This is great<br />

news for a growing town,” continued Colin.<br />

This diversification of businesses has resulted in a<br />

vacancy rate that is 6% lower than the national average.<br />

Also, 57% of all businesses in the town are now<br />

independent, compared to the national average of 41%.<br />

issue <strong>18</strong> | page 31


Inspiring<br />

Colleagues<br />

and Delegates<br />

Studies have shown that it is four<br />

to six times harder to sell to a new<br />

customer than to an existing one.<br />

Organising a corporate event can<br />

go a long way to inspiring potential<br />

clients to work with you<br />

<strong>IQ</strong> corporate events<br />

Investing time and resource to entertaining clients can<br />

strengthen your bottom line, it improves your connections<br />

and offers opportunities for growth within your business.<br />

It also offers the chance for your colleagues to enjoy time<br />

out of the office, to connect with different people and<br />

businesses, and act as ambassadors to demonstrate your<br />

business’ commitment to delivering unique services. But<br />

how can you create a corporate event with a difference;<br />

inspire colleagues, create captivating experiences and<br />

keep attendees engaged and entertained?<br />

Corporate experiences<br />

Scudamore’s offer a varied selection of activities for<br />

corporate events. Conference tours can host up to 300<br />

delegates and give you the opportunity to charm and<br />

captivate your audience for a couple of hours, or a<br />

whole day.<br />

You can add a touch of luxury to your private business<br />

tour with a bottle of chilled champagne or opt for a<br />

luxurious Afternoon Tea on the lawns of the Doubletree<br />

by Hilton Cambridge - it’s the perfect way to impress<br />

potential customers.<br />

Compelling surroundings<br />

Scudamores Punting packages can take you along the<br />

famous College Backs or upstream towards the beautiful<br />

village of Grantchester. You will be at the heart of the<br />

world-class centre for education, where your delegates<br />

can learn about the city’s history and how the University<br />

and businesses continue to innovate across the world.<br />

activities for teams include expeditions and Treasure<br />

Hunt tours where teams of 4 - 5 people tackle clues and<br />

quizzes on and off the river to finish ahead of colleagues<br />

and win a much-deserved prize.<br />

Employee rewards<br />

Good business ethics are designed around rewarding<br />

employees when they truly deserve it. And for that<br />

reason, Scudamores have designed an Annual Corporate<br />

Ticket, where companies can offer employees tickets<br />

to punt along the river on a daily basis. Whether the<br />

punts are used during lunch hours, for special occasions<br />

or during the weekends and evenings, it’s an affordable<br />

opportunity for businesses to reward staff.<br />

You’re all in the same boat<br />

The team at Scudamores also organise team-building<br />

exercises to improve productivity and motivation,<br />

increase morale and help businesses to thrive. Punting<br />

More information<br />

www.scudamores.com<br />

01223 359750<br />

enquiries@scudamores.com<br />

issue <strong>18</strong> | page 33


<strong>IQ</strong> advice<br />

communications:<br />

agency vs in-house<br />

Elyssa Fagan, PR and Marketing Manager at Cubiqdesign answers the<br />

age-old question: pool resource in-house, or appoint an agency?<br />

When looking at your marketing and PR resource, a<br />

business has a number of questions to answer, and a<br />

number of choices to consider. Will it make sense to hire<br />

a person or team, with specific experience relevant to<br />

your company, to look after communications, from both<br />

an internal and external perspective?<br />

Or, do you look at appointing an agency, with a wealth of<br />

experience across your (and other) industries, which can<br />

help facilitate a number of integrated communication<br />

tools? Sorry to tell you, but, there is no one-size-fits-all<br />

package with PR and marketing communications. What<br />

works for one business, may not wholly translate to<br />

another, so thought must be placed into what objectives<br />

your business is trying to achieve, the results you wish to<br />

see, and how quickly you wish to see them.<br />

Let’s look at the key differentials.<br />

Hiring an in-house marketing and communications<br />

team gives you access to a person who is experienced,<br />

normally in one industry, which would mirror that of<br />

your business. They may have varying skill sets but will<br />

know the length and breadth of their chosen sector –<br />

and will want to grow your business from within. They<br />

bring with them internal communication focus, and are<br />

part of your team from the beginning, having access to<br />

company information, values and access to high level<br />

personnel when required.<br />

Agencies bring with them a number of resources:<br />

numbers, creativity, expertise across various industries,<br />

extended output, integrated services that stem a wide<br />

variety of communication channels, not normally just<br />

one, and valuable contacts. Hiring an agency will give<br />

you access to a number of their employees, and their<br />

creativity as well as knowledge – across varying skill sets<br />

issue <strong>18</strong> | page 34


<strong>IQ</strong> advice<br />

and career stages - all there for you. An agency has their<br />

finger on the pulse, mixed with longstanding expertise in<br />

communications, giving your business the extra support<br />

it requires in both traditional and more digitally led<br />

means.<br />

An in-house specialist can help redefine brand values,<br />

but may struggle to be as impartial as an agency, who<br />

can sit outside of a company and consult from a third<br />

party perspective.<br />

However, what needs to be considered if you choose to<br />

appoint an agency is that an agency is only as strong,<br />

and successful as the person controlling and leading<br />

them from within your business. If the agency cannot<br />

become a true partner to you, have access to information<br />

and key people to gain information from; if they cannot<br />

become an external resource to your team – and instead<br />

remain at arms length, without being trusted, they<br />

cannot thrive, or deliver.<br />

An agency needs someone internally within your<br />

business who understands communications and the<br />

importance of them, and for that person to be able<br />

to share information in a relatively timely manner, so<br />

that they can ensure they’re providing the best possible<br />

service to your company. An agency can be creative, but<br />

to really add personalisation and ensure the company<br />

they represent is being promoted effectively, they need to<br />

have support, buy-in and assets from within.<br />

The same can be said for in-house teams. Instead of the<br />

potential lack information, often a PR and marketing<br />

team is thrust in various different directions, or asked to<br />

complete tasks or skills that are outside of their remit, to<br />

bring in new campaigns, ventures or challenges. They<br />

then run the risk of being pulled in too many directions,<br />

or not having the time to truly apply this to their areas<br />

of expertise, or learn new skills to bolster the company.<br />

That’s where my personal opinion comes to the fore.<br />

Personally, I believe that the best solution often lies<br />

with a business looking to diversify its communications<br />

efforts, with a mix of both in-house and agency support.<br />

This way the in-house team can focus on their internal<br />

tasks, as well as ensure an agency is working to the best<br />

of its ability. It also ensures that the agency has a key<br />

contact within your business that understands their<br />

communication practices and what they’re doing, as<br />

well as provide information so they can complete their<br />

role and deliver results. I feel that there shouldn’t be a<br />

constant question over which is better, but a joined-up,<br />

concerted effort, where a business chooses the correct<br />

support for their objectives, and sometimes, this requires<br />

help from both in-house and agency experts, who each<br />

bring their own expertise and skills to the table.<br />

More Information<br />

To find out how Cubiqdesign can work with you to fulfil your<br />

business’ specific communication objectives, please get in<br />

touch: www.cubiqdesign.co.uk 01638 666432<br />

issue <strong>18</strong> | page 35


<strong>IQ</strong> product<br />

Getting Cosy<br />

Elyssa Fagan looks at Green Energy Options (geo)’s smart<br />

thermostat, Cosy and how it intends to create a hybrid home<br />

Technology is always advancing, changing and adapting,<br />

and with this shift in tech, we’re seeing new gadgets<br />

and systems that aim to help make our lives easier and<br />

more comfortable, whilst conserving energy and saving<br />

precious pennies.<br />

A connected home is a home that is automated around<br />

your movements, and predicts your needs in terms of<br />

heating, lighting and security. Products centred on the<br />

connected homes market are set to skyrocket, with pwc<br />

predicting a 35% increase in market share by 2020.<br />

We are already seeing a number of automated systems<br />

available at present, and early adopters are going for<br />

something that helps to provide comfort and, in the<br />

long-term, monetary benefits: the smart thermostat.<br />

One such product is Cosy, is a wireless home heating<br />

system from geo, an industry-leading Cambridge-based<br />

business, specialising in the home energy sector. The<br />

company’s vision is to create understandable, smarter<br />

energy technologies for users that reduce costs, but<br />

increase comfort, through a new ‘Hybrid Home’.<br />

Director, Simon Anderson explains their concept, “A<br />

Hybrid Home combines modern and traditional ways<br />

of powering a home to give lower running costs and a<br />

better living experience.<br />

“Our technology will work in the background, taking the<br />

problem away from the users, bringing together heating<br />

controls, energy storage, solar generation, smart meters<br />

and electric vehicle charging, under one roof.<br />

“A new Hybrid Home will cost a third less to run, and<br />

if it has solar panels, up to two thirds less to run than an<br />

issue <strong>18</strong> | page 36


<strong>IQ</strong> product<br />

equivalent standard home.”<br />

Cosy’s smart thermostat has user convenience at its<br />

core, with the system designed to create a connected<br />

service that translates across the entire home, rather<br />

than simply a heating controller.<br />

However when<br />

“Our technology<br />

will work in the<br />

background, taking<br />

the problem away<br />

from the users,<br />

bringing together<br />

heating controls,<br />

energy storage, solar<br />

generation, smart<br />

meters and electric<br />

vehicle charging,<br />

under one roof.”<br />

starting out, the<br />

business faced<br />

barriers, the biggest<br />

being that they had<br />

to look to integrate<br />

their product with<br />

a wide range of<br />

heating systems in the<br />

UK. Simon states,<br />

“we overcame this<br />

challenge by carrying<br />

out a major trial of<br />

1,000 homes, testing<br />

out alternatives.<br />

The result was Cosy,<br />

a system that can<br />

work with pretty well all types of heating systems, that<br />

installers consider the easiest to fit and appeals to those<br />

who don’t want to be wedded to their mobile phones all<br />

the time.”<br />

As Simon mentions, the Cosy display is mobile, which<br />

means that a user can take the unit around the home<br />

with them and boost the heating in one specific room,<br />

making them ‘cosy’ where they are at that point in<br />

time, something Cosy competitors can’t boast.<br />

Adding to this connectivity are smart plugs, which<br />

can be automated at the touch of a button. In the<br />

world of the connected home, this could be key.<br />

If you’re away on holiday, deter potential security<br />

threats with timed lighting, or if you’re going to<br />

be home late from work, ensure the heating, hot<br />

water and lights are on and waiting for you the<br />

moment you get in.<br />

Cosy’s current system is definitely only the beginning,<br />

Simon states that this winter there will be integrated<br />

notifications and energy reports, and this product will,<br />

in the future, link to smart meters. The future for homes<br />

looks very Cosy indeed.<br />

More information<br />

www.geotogether.com<br />

issue <strong>18</strong> | page 37


<strong>IQ</strong> advice<br />

Content<br />

Elyssa Fagan, PR and<br />

Marketing Manager at<br />

Cubiqdesign looks at the<br />

continual rise of content<br />

marketing, and why you should<br />

be getting stuck in<br />

Utilising content as a sales tool has been a<br />

strategy used for decades, (way back to the<br />

days of the printing press!), but it seems<br />

that lately all anyone can talk about, in<br />

communications-led circles at least, is the<br />

importance of content, content, content.<br />

Content creation from brands is growing at an alarming<br />

rate, as research by the Content Marketing Institute<br />

has identified, 9 out of 10 UK marketers are doing<br />

something around content marketing this year. This has<br />

actually risen from 2015, where content usage was at<br />

85%, to 89%. So what about content is so important?<br />

Well, we’ve been exposed to and digesting content for<br />

hundreds and hundreds of years. We now know when<br />

we’re being sold to, often pulling away from this process,<br />

which can be a bit of a nightmare for a communications<br />

professional. This is why intelligently devised content,<br />

alongside a fully integrated marketing strategy has<br />

become such a strong area of focus for companies<br />

wishing to grow their audience interaction, as well as<br />

develop a longstanding, loyal customer base.<br />

Content, in the form of (to name but a few) blogs,<br />

video, graphics, audio, infographics, web pages, public<br />

speaking, presentations, apps and books are on the<br />

rise. This content is all being developed with two key<br />

elements of a buyer’s cycle in mind. One, awareness<br />

of your product, business or personality and two, the<br />

research stage of a customer’s process, where they have<br />

been made aware of a solution to their need, and now<br />

they want as much information as possible at hand so<br />

they can make an informed decision to then consider<br />

and purchase.<br />

The aim of developing this easily shareable content,<br />

which might sound obvious, is to ensure that what you’re<br />

issue <strong>18</strong> | page 38


<strong>IQ</strong> advice<br />

creating actually adds value to the consumer digesting<br />

it. If you’re delivering something new, or something<br />

that adds a new angle, opportunity, information or<br />

insight to a consumer who is genuinely interested in<br />

your offering, without constantly selling your product or<br />

company, which then lead them onto a new element<br />

of content, or drives them to engage, then you’re slowly<br />

and methodically pulling them through your marketing<br />

funnel, to achieve your desired goal.<br />

The other two main areas you need to take into<br />

consideration with content marketing is that:<br />

a) Content might be king, but it definitely needs help<br />

from its entire support staff. You cannot simply create<br />

content and let it be, you need to nurture and drive your<br />

audience to that content, and then use the content to<br />

continue their journey. So you could direct traffic, using<br />

creative content on social media to drive users to a blog<br />

on your site and then on to a landing page. Alternatively,<br />

you could use a variety of content, blog posts, video,<br />

and audio to all link towards, in an informative, and<br />

subtle approach, the products a company is selling.<br />

b) Less is more. Trying to reach your target audience<br />

with great, relevant and consistent content on one<br />

platform, rather than trying to tackle multiple channels<br />

at one time. Test tactics to reach your audience, and not<br />

just for a week, but over longer term periods, so you can<br />

actually assess the results and measure the feedback.<br />

They key/issue with this, in terms of content creation, is<br />

doing this correctly, doing this with a plan and purpose,<br />

and understanding that a content marketing plan is not a<br />

campaign, and this is where many companies, marketers<br />

and agencies are actually getting it wrong. This process<br />

is a long-term strategy, which needs to be assessed<br />

along the way, tested, trialled and perfected to achieve<br />

objectives which should have been outlined before any<br />

content has been activated.<br />

So content marketing is for those businesses that want<br />

to create a long-term asset, and grow and grow its<br />

revenue once they have an audience that is engaged<br />

and interested in the business. If you’re thinking about<br />

utilising content marketing for your company, after<br />

seeing some amazing examples of it recently (hello, The<br />

LEGO Movie!) you first need to ask yourself, what is the<br />

end goal? There’s no point in trying to get in on the<br />

party and create content if you don’t have an actual end<br />

result in mind. Once you’ve come to this, then you can<br />

build your content around that key goal, in a strategic,<br />

thought-out manner, which might just take months or<br />

years, but will lead to long-term repeat purchase from<br />

your audience.<br />

More Information<br />

To find out how Cubiqdesign can help create an effective and<br />

engaging content marketing plan, please contact us:<br />

www.cubiqdesign.co.uk 01638 666432<br />

issue <strong>18</strong> | page 39


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www.cambridgequymill.co.uk


<strong>IQ</strong> profile<br />

Gemma Treby speaks to the owners of<br />

Newprint about their management buyout<br />

and the importance of re-investment<br />

re-investment is key<br />

Newprint, based within the<br />

industrial area of Newmarket<br />

is an independently-owned<br />

printers that specialises in<br />

business-to-business printing<br />

services. Owners of the<br />

company Paul Howe and David<br />

Prior have established a varied<br />

portfolio of clients throughout<br />

Cambridgeshire and Suffolk<br />

from one-man businesses to<br />

multi-national organisations.<br />

Paul and David’s story is<br />

inspiring, having worked for<br />

Newprint collectively for over<br />

20 years, they chose to purchase<br />

the company as a management<br />

buyout three years ago. “Since<br />

then our client base has<br />

increased considerably with<br />

significant year-on-year growth<br />

reported.” Says Paul. “We have<br />

concentrated on re-investment<br />

and have ensured we have the<br />

most up-to-date machinery<br />

and processes which allows<br />

a quicker and more reliable<br />

turnaround” he continues.<br />

Re-investing has also allowed<br />

Newprint to offer more<br />

services, most recently display<br />

banners can now be printed<br />

competitively in house<br />

alongside large-format prints<br />

up to A0. As the business caters<br />

for both high-volume and<br />

specialty work such as exclusive<br />

brochures and presentations,<br />

the team thought it best to<br />

invest in a perfect binding<br />

machine. Once again this<br />

negates the need to outsource<br />

finishing, making the process<br />

quicker, more cost effective and<br />

better managed. Probing Paul<br />

more into what he puts their<br />

success down to he says, “it’s<br />

offering customers what they<br />

want, a simple model, really!<br />

Clients, whatever their business<br />

want a personal service where<br />

things are delivered on time, to<br />

the standard they expect and at<br />

a competitive price”.<br />

“Since then our client base has increased<br />

considerably with significant year-on-year<br />

growth reported”<br />

More Information<br />

Newprint, Goodwin Business Park,<br />

Willie Snaith Road, Newmarket, Suffolk<br />

01638 600900<br />

www.newprint.co.uk<br />

issue <strong>18</strong> | page 41


<strong>IQ</strong> advice<br />

Why business development<br />

might not be developing<br />

your business<br />

James Pinchbeck<br />

Marketing Partner<br />

Streets Chartered<br />

Accountants<br />

issue <strong>18</strong> | page 42


<strong>IQ</strong> advice<br />

There seems to be a growing trend to recruit Business<br />

Development people; whilst previously such roles were<br />

more typical of the larger business or corporate entity,<br />

more and more small enterprises are looking to fulfil<br />

such vacancies.<br />

It does seem though, that the success of such roles<br />

is varied to say the least, often with appointments<br />

being short-lived, the result of expectations not being<br />

met or results not being delivered. The impact on an<br />

organisation can be costly in terms of loss of time and<br />

money.<br />

What then can be done to improve the success of your<br />

organisation’s Business Development and the role of a<br />

Business Development person?<br />

Perhaps the starting point is having a clear appreciation<br />

as to what Business Development means strategically,<br />

and then what is required of or by a person<br />

undertaking that role.<br />

In essence Business Development is the strategic<br />

process whereby an organisation is looking at growth<br />

opportunities to expand their business activities, with<br />

opportunities being assessed for their viability in terms<br />

of the organisation’s overall objectives, resources,<br />

capabilities and capacities.<br />

Once such opportunities have been assessed and a<br />

number shortlisted for development, then the next<br />

stage is to develop a plan or campaign to exploit the<br />

opportunity. The task of implementing the plan<br />

and realising the opportunities is invariably one<br />

of an Account Manager, Salesperson or Business<br />

Development person, the role of that individual being<br />

to take the product or service and to engage with target<br />

customers, generating revenue for the business.<br />

Given this logical process and clear indication as to<br />

the roles of those in the organisation around business<br />

development, where does it go wrong? There are a<br />

number of reasons, which include:<br />

1. The Board or Senior Management team’s<br />

inability to assess and evaluate business<br />

opportunities, with little time, resource or depth<br />

given to the process.<br />

In some cases, there is even no due process; in fact,<br />

the idea is a whim or knee-jerk reaction with no<br />

commercial thought process. The outcome is a poor<br />

and often unrealistic assessment of the opportunity.<br />

2. Given a failure to assess the opportunity,<br />

then all too often the plan to realise the same is<br />

typically set to fail too.<br />

In many cases, such plans lack detail and depth with<br />

little or no detail on how sales are to be generated<br />

together with a lack of detail given to the target<br />

market, sales forecasts, marketing activities, timescales<br />

and costs.<br />

3. Given the first two points, the person charged<br />

with generating the orders is set to fail or fall<br />

short of expectations, even if they are good at<br />

the job or the right person for the job.<br />

As with any appointment, successful recruitment<br />

starts with a clear understanding of the role to be<br />

fulfilled, along with the skills, expertise and experience<br />

required. Certainly a proven track record is a minimum<br />

requirement in appointing a Business Development<br />

person.<br />

4. The ability of any Business Development<br />

person to deliver their skill set and track<br />

record aside, is then often dependent upon<br />

clear and defined management outcomes and<br />

management process.<br />

Not untypically, such failure to deliver is the result of<br />

role ambiguity/uncertainty, lack of targets and poor or<br />

no supervision. Such a situation is often compounded<br />

by a lack of a robust eco-system and the overall<br />

business approach to the role of Business Development,<br />

with poor integration of marketing, production, service<br />

delivery, business process and customer fulfilment.<br />

In summary, the appointment of a Business<br />

Development person, even if they’re good, is not<br />

necessarily going to develop your business without a<br />

detailed plan for the development of the business. In<br />

essence the two areas are inextricably linked.<br />

More information<br />

James Pinchbeck, is Marketing Partner with Streets<br />

Chartered Accountants a top 40 UK accountancy firm.<br />

Email info@streetsweb.co.uk or visit<br />

www.streetsweb.co.uk<br />

issue <strong>18</strong> | page 43


Secured Growth<br />

<strong>IQ</strong> profile<br />

Klöeber is a bespoke glazing company renowned<br />

for its product security. 2016 not only marks its<br />

10th anniversary, but is also a landmark year in<br />

the company’s constant expansion. iQ has been<br />

finding out more<br />

Since 2006, when Klöeber first burst onto the scene at<br />

the Grand Designs Exhibition, the company has gone<br />

from strength to strength. Its humble beginnings on a<br />

small stand at the Birmingham show all those years ago<br />

seem like a distant memory, as it is now a market leader,<br />

with a list of clients that would be the envy of most in<br />

the industry.<br />

Initially offering a range of modern timber bespoke<br />

glazing solutions, the company has since expanded to<br />

offer a wide range of windows, doors and roof lights in<br />

timber, aluminium and composite materials.<br />

Not only have Klöeber’s<br />

This is testament<br />

to the products’<br />

effectiveness in<br />

preventing or<br />

reducing crime.<br />

award-winning products<br />

featured on TV shows<br />

such as Grand Designs,<br />

DIY SOS and George<br />

Clarke’s Amazing Spaces,<br />

its timber bi-folding doors<br />

were the first in the UK to<br />

successfully achieve ‘Secured by Design’ membership.<br />

This is testament to the products’ effectiveness in<br />

preventing or reducing crime.<br />

Now, a decade on, Klöeber is celebrating its 10th<br />

anniversary in style, with the unveiling of its brand new<br />

showroom and head office in Huntingdon, and few could<br />

be more excited than Sales Director and Co-Owner,<br />

Matt Higgs. “This 10th year comes at an incredibly<br />

buoyant time for us, wherein we’re looking at expanding<br />

and improving in every possible way,” says Matt. “We’re<br />

so proud of what has been achieved over the past 10<br />

years, where we’ve seen growth in turnover as well as<br />

within our profile and reputation in the marketplace.”<br />

This continued expansion has led to a year-on-year<br />

growth in profit, and an increase in staff and output,<br />

which has meant that, inevitably, Klöeber has outgrown<br />

its old premises. “The larger space will enable us<br />

to deliver our growth plan,” continues Matt. “The<br />

opportunities for recruitment and expansion are now<br />

increased and we intend to take full advantage of this.<br />

Guiding Kloeber on its successful path and seeing our<br />

business expand and improve organically every year<br />

is extremely rewarding. Our 10th year is a landmark<br />

anniversary, and compels us to look back at what’s been<br />

achieved as well as to look further into the company’s<br />

long-term future.<br />

“The exciting thing for me personally is that I know<br />

Klöeber is still nowhere near to fulfilling its potential -<br />

new products, new customers and exciting projects are<br />

always just around the corner, meaning that anything is<br />

possible for the next decade and beyond!”<br />

More Information<br />

Klöeber, St Margaret’s Way, Stukeley Meadows<br />

Industrial Estate, Huntingdon, PE29 6EU<br />

01487 740044<br />

www.kloeber.co.uk<br />

issue <strong>18</strong> | page 45


<strong>IQ</strong> industry insight<br />

TAKING CARE<br />

The flexibility and convenience of car and van transport<br />

remains fundamental to the successful running of the<br />

majority of UK SMEs. From meeting customers<br />

to moving goods around the country, they are the<br />

preferred choice for businesses that value ease of use<br />

and reliability, according to new research commissioned<br />

by Lex Autolease and carried out by YouGov.<br />

49% of SMEs depend on<br />

vehicles, saying they’re important<br />

to running their companies<br />

We asked more than a thousand SMEs from across the<br />

UK how they used company vehicles, how they viewed<br />

the UK’s public transport network and what they<br />

believed the impact on their business would be,<br />

should they be forced to go without<br />

their cars and vans.<br />

We found that vehicles are<br />

crucial for a high proportion<br />

of companies, with almost half<br />

(49%) saying private transport<br />

is important to running their<br />

businesses and over a quarter<br />

(29%) saying they could not<br />

operate without it.<br />

This reliance on leased or owned<br />

vehicles is fuelled by not being able to<br />

depend on public transport. The new research found<br />

that fewer than a third of businesses are able to rely on<br />

current bus, train and tram services, with firms finding<br />

cars and vans to be better suited to business needs and<br />

the locations of the majority of UK SMEs.<br />

With vehicles the preferential mode of travel for more<br />

44% of SMEs said that if they had<br />

to rely on tram, trains and buses it<br />

would make them less efficient<br />

than two thirds of UK SMEs, the challenge for the fleet<br />

industry is to help firms finance and operate the vehicles<br />

they need without tying up cash that could otherwise be<br />

invested in their businesses.<br />

Public transport is not meeting the needs of the<br />

majority of UK small businesses<br />

Our research reveals that only a small minority of UK<br />

SMEs can rely on public transport. Just 26% say their<br />

locations are well served by current services and that<br />

they provide a convenient option for business travel.<br />

Vehicles are essential for firms to operate successfully<br />

on a daily basis, with almost half (49%) of<br />

UK firms depending on private vehicles for<br />

vital activities such as visiting clients and<br />

attending meetings.<br />

Public transport is providing a reliable<br />

service for just a quarter of SMEs, with more than one<br />

in five (22%) stating their office locations are poorly<br />

served by public transport. This is the finding of a study<br />

carried out in partnership with YouGov, which surveyed<br />

over a thousand senior decision makers at UK SMEs<br />

on their dependence on vehicles for business travel. Our<br />

research shows that a high proportion rely on vehicles,<br />

with almost half (49%) saying they’re important to<br />

running their businesses and over a quarter (29%) stating<br />

they could not operate their companies without them.<br />

When asked what would happen if they were forced to<br />

issue <strong>18</strong> | page 46


of BUSINESS<br />

<strong>IQ</strong> industry insight<br />

Keeping the wheels of business turning - the importance of vehicles to British SMEs<br />

rely on public transport, 44% said they would be less<br />

efficient, 31% believe it would cost the business more,<br />

and almost half (46%) said it would make visiting clients<br />

more difficult.<br />

Vehicles at the heart of UK small businesses<br />

Our research found that cars and vans are fundamental<br />

to the successful day-to-day operations of the majority<br />

of British firms. Given the choice, over two thirds (67%)<br />

of the SMEs we spoke to would rather use vehicles than<br />

public transport, with 74% of these companies<br />

stating that vehicles are more convenient and<br />

half believing them to be more reliable.<br />

In addition, more than half (58%) of<br />

SMEs need cars and vans to visit<br />

customers, with over a third (37%)<br />

relying on them for transporting goods and services.<br />

The importance of vehicles to businesses is reinforced<br />

by the fact that driving remains a key skill SMEs look<br />

for when recruiting. According to our findings, 59% of<br />

companies consider holding a valid driving licence a key<br />

requirement for new employees.<br />

Supporting Britain’s SMEs on the road<br />

Firms need a reliable, convenient mode of travel to<br />

handle those day-to-day demands and through leasing,<br />

businesses can plan more effectively and reduce their<br />

upfront costs. Through a small initial outlay and easyto-manage<br />

fixed monthly payments, leasing provides<br />

firms access to a wider range of vehicles they wouldn’t<br />

have been able to otherwise afford, freeing up funds to<br />

invest in growing the business and enhancing employee<br />

benefit packages.<br />

50% of SMEs prefer to use cars<br />

and vans becuase they’re more<br />

reliable than public transport<br />

Leasing - providing the wheels for UK business<br />

growth<br />

As cars remain so vital to the day-to-day running of<br />

UK businesses, it’s not surprising that we’re seeing<br />

more and more SMEs leasing their cars<br />

and vans as opposed to purchasing<br />

them outright. We saw a 29%<br />

year-on-year rise in the number<br />

of vehicles leased to small firms<br />

last year, with a steep 110%<br />

growth in van leasing, and expect<br />

to see further increases for 2015.<br />

By partnering with a vehicle leasing<br />

provider that can offer servicing, support<br />

and maintenance within manageable monthly payments,<br />

SMEs can not only mobilise their workforces quickly<br />

and free up funds to invest in business growth, but access<br />

a mode of transport they can fully depend on.<br />

More INFORMATION<br />

Steve Elsom, Regional Director,<br />

SME Banking, East England,<br />

Lloyds Banking Group.<br />

steve.elsom@lloydsbanking.com<br />

@steveelsom1<br />

issue <strong>18</strong> | page 47


<strong>IQ</strong> opinion<br />

With more and more companies devising new<br />

and ever more creative working environments,<br />

we catch up with a few of our Top Under 30<br />

winners to hear their views<br />

Top Under 30 Insight:<br />

The Working Environment<br />

The working environment can be an enormous factor<br />

in shaping the way we work. It can affect productivity,<br />

quality, communication and overall team morale. Many<br />

different companies will argue that their way is best,<br />

but in truth, there is no right or wrong. It is a very fine<br />

balance and every case is different.<br />

It should be open enough to allow good communication<br />

and interaction and at the same time retain privacy, but<br />

not so much that it causes segregation. And that’s just the<br />

physical environment in which we work: there are plenty<br />

of other factors involved such as working hours, incentive<br />

schemes, team building and work/life balance.<br />

Add to this the individual personalities of your team<br />

members and it becomes quite a minefield to negotiate.<br />

With this in mind, we’ve spoken to a few of our Top<br />

Under 30 winners to see how they feel about the subject<br />

and what their idea of the perfect working environment<br />

would be.<br />

Amy Heaslip<br />

Research & Marketing Manager<br />

Goodsense Research<br />

I love that every day at Good Sense<br />

Research is different and so the<br />

surroundings change regularly too. From<br />

report writing in the office, to field work in<br />

a restaurant, the setting is always different<br />

and with that comes meeting people from<br />

all walks of life and with varying opinions,<br />

experiences and stories to tell.<br />

Our office is really fun and trendy;<br />

perfectly set up to accommodate our<br />

consumer research but also designed in a<br />

way that encourages us to think creatively<br />

and collaboratively.<br />

Then of course the people I work with<br />

are most influential on the environment.<br />

Passionate about consumer research,<br />

everyone on the team is a people-person<br />

and we have lots of fun in the office doing<br />

simple things like bringing in and sharing<br />

home-made brownies or battling each<br />

other for steps on our fitbits for example!<br />

We ensure a positive working environment<br />

by creating a high-praise culture in the<br />

office. We are also encouraged to come up<br />

with our own ideas and take ownership of<br />

things which means we all have an input<br />

and feel included.<br />

Team bonding experiences take place a<br />

couple of times a year for the summer<br />

and Christmas parties which are awaited<br />

with much anticipation! The typical party<br />

involves some sort of sporting activity<br />

that is kept secret which obviously lends<br />

itself to team work and a healthy bit of<br />

competition, and having worked up an<br />

appetite we then go a restaurant that is<br />

in-line with current food trends and enjoy<br />

each other’s company.<br />

Training and development is also really<br />

important to me; firstly because I love to<br />

learn new things, but secondly because<br />

it’s about working on and towards new<br />

goals. Being challenged is what keeps a<br />

job interesting.<br />

issue <strong>18</strong> | page 48


<strong>IQ</strong> opinion<br />

Ben Hutton<br />

Owner<br />

Ben’s Restaurant<br />

The best thing about my work<br />

environment, is that it is very sociable.<br />

You get to interact with a lot of different<br />

customers as well as the rest of the team.<br />

The working environment is very important<br />

for morale, if it is tense or uncomfortable<br />

it will create a negative atmosphere for<br />

staff. We help each other out and work<br />

together to achieve our common goal:<br />

customer satisfaction. We also keep things<br />

relaxed and friendly to ensure all staff are<br />

happy. Happy staff equals happy customers!<br />

Communication is pivotal to ensure the best<br />

working environment. Miscommunication<br />

could result in a number of problems. We are<br />

constantly talking throughout shift, filling<br />

each other in on what stage our customers<br />

are at, and also talking to the kitchen so we<br />

understand how they are coping. Without<br />

communication, we wouldn’t know where<br />

to allocate resources when required.<br />

Training is key for development and<br />

progression. I think no detail should be<br />

overlooked during training, it is important<br />

for all staff to understand the expectations<br />

of the business and their role within it.<br />

It is important to acknowledge hard work,<br />

and our staff are always thanked, whether<br />

it be a bonus, or a team treat, but it is also<br />

important for employees to understand<br />

the requirements and standards associated<br />

with their particular job and meet them on<br />

all occasions. For my employees, I think<br />

it is important to have a healthy work/<br />

life balance. You can’t perform at your<br />

best if you are overworked, and as an<br />

employer you have to remember it is their<br />

job, not their life. I think the ideal working<br />

environment is the one I have created at<br />

Ben’s. It is friendly and welcoming to new<br />

staff, we work as a team to ensure targets<br />

are met and customers are satisfied.<br />

The overall working environment is of<br />

paramount importance; staff must feel<br />

relaxed and comfortable if they are to<br />

perform well and enjoy their work.<br />

Jacobs Allen operates an open door policy<br />

and everyone has their own working area<br />

– we don’t have impersonal banks of<br />

desks. Our offices are also located at the<br />

heart of Bury St Edmunds and Haverhill<br />

allowing easy access to a variety of shops<br />

and lunchtime venues. To promote team<br />

bonding, we have weekly team meetings<br />

on a Friday afternoon where all the<br />

staff can talk about what they’re up to<br />

and share work around if they have too<br />

much on. We also enter lots of quizzes,<br />

fundraising and other events so there are<br />

plenty of opportunities for the team to<br />

build positive relationships.<br />

Flexible working hours are also helpful in<br />

achieving a fair and equitable relationship<br />

between employer and employee. Jacobs<br />

Allen allow various flexibilities to their<br />

staff so that no one has to miss their child’s<br />

school play!<br />

At Jacobs Allen our hard work is<br />

recognised in a number of ways.<br />

The team often celebrate the hard<br />

work of an individual by suggesting<br />

that they go out and buy cakes for the<br />

office! In all seriousness though, we<br />

run regular staff appraisals where hard<br />

work and achievement are discussed<br />

and pay rises are reviewed annually.<br />

We also run an annual tax return trophy<br />

which gets handed out to the client<br />

manager who finishes their clients’ tax<br />

returns first. Merit should always be<br />

rewarded; both to gratify the achiever<br />

and spur on others. I believe the ideal<br />

working environment should be friendly,<br />

fun and professional, working with a good<br />

variety of people with different interests<br />

and located in the heart of town.<br />

Thady Senior<br />

Marketing Manager<br />

Jacobs Allen Chartered<br />

Accountants & Chartered<br />

Tax Advisers<br />

issue <strong>18</strong> | page 49


<strong>IQ</strong> opinion<br />

The working environment is a hugely important factor in<br />

ensuring a productive and successful team.<br />

Our business relies on creativity and free-flowing ideas so<br />

a relaxed, comfortable working environment is essential!<br />

Here at Selfie Clothing, we work as a family. We believe<br />

that to create a tight-knit team you need to break down<br />

barriers, that’s why we work in an open plan, spacious<br />

and welcoming studio environment where everyone is<br />

approachable and no individual feels segregated from<br />

the rest. This ensures that all team members build<br />

strong relationships and work together as one unit. We<br />

hold a weekly team catch up where every member gets<br />

together to discuss current projects and bounce ideas<br />

off each another. This is a great way to ensure everyone<br />

feels involved in what the company’s doing. It’s also a<br />

chance to recognise staff members for their hard work<br />

and achievements through our financial bonus scheme<br />

and Employee of the Month award. The nature of our<br />

business means that sometimes we have to work outside<br />

normal hours in order to meet deadlines or communicate<br />

with clients in different time zones.<br />

Therefore, in order to<br />

ensure that everyone<br />

maintains a healthy work/<br />

life balance, we offer<br />

flexi-hours which help each<br />

team member to manage<br />

their work schedules to<br />

fit around their personal<br />

commitments. On top of<br />

all this, we have a ping<br />

pong table in the middle<br />

of the studio which anyone<br />

is welcome to use. It’s a<br />

Joe Carrisi<br />

Marketing Executive<br />

Selfie Clothing<br />

fantastic way to not only take a break on a stressful day,<br />

but also to build rapport with colleagues. Overall, I love<br />

the working environment we have at Selfie. It allows<br />

everyone to feel completely at ease in their surroundings.<br />

This encourages people’s personalities to shine through<br />

and helps them to be themselves, but most of all, creates<br />

a place of work that people look forward to arriving at in<br />

the morning.<br />

Andrew Cooper<br />

Partner<br />

Greene & Greene Solicitors<br />

The atmosphere in our<br />

office is relaxed and<br />

friendly, and there is always<br />

someone willing to help if<br />

you need to bounce an<br />

idea around. I enjoy the<br />

character of our office<br />

building and the fact that<br />

we all have individual<br />

offices, rather than being<br />

in an open-plan layout.<br />

When you spend all day in<br />

an office, you need to have a<br />

good environment otherwise it can become demoralising.<br />

We therefore encourage interaction between staff, and run<br />

events through the course of the year to boost interaction<br />

between different parts of the office.<br />

To promote team bonding, we hold an annual Christmas<br />

party and summer BBQ which all staff and their families<br />

attend. We organise social events such as a quiz or bowling<br />

evening, and we take part in a range of team sport events<br />

through the course of the year.<br />

Good communication is vital to ensuring that everyone<br />

feels engaged in the business, which enhances productivity<br />

and promotes good relations around the workplace.<br />

Without it, some staff can feel isolated, and that can lead<br />

to other problems.<br />

Employee reward schemes are effective and work best<br />

when they encourage everyone to pull in the same<br />

direction, for the benefit of the entire business and all<br />

employees. We recognise our staff’s hard work with a<br />

balance of financial rewards and social events.<br />

Training is also a very important factor in ensuring a<br />

fulfilling working life. As lawyers, we need to keep abreast<br />

of changes in the law, and all of our lawyers regularly take<br />

part in professional development courses.<br />

A healthy work/life balance is key to ensuring that staff<br />

can perform well at work. If you get the balance wrong<br />

by working too much, you are more likely to suffer from<br />

tiredness and stress, which in turn reduces performance<br />

and leads to mistakes. That is bad for a business, and bad<br />

for its customers and clients.<br />

More Information<br />

www.iqmag.co.uk and follow<br />

us on Twitter @iQBusinessMag<br />

issue <strong>18</strong> | page 51


<strong>IQ</strong> diary<br />

After Hours Networking<br />

A friendly evening event, with<br />

open networking and a ‘Spotlight<br />

10 Spot’. Meet with others from<br />

Cambridge-based businesses over a<br />

drink and nibbles.<br />

Dates: 6 Sept, 4 Oct, 1 Nov<br />

Time: <strong>18</strong>:30 - 21:00<br />

Venue: The White Horse, 20-22 High<br />

St, Milton, Cambridge CB24 6AJ<br />

Booking Details: £7.50<br />

info@afterhoursnetworking.co.uk or book<br />

online at www.afterhoursnetworking.co.uk<br />

Cambridge South Business<br />

Networking<br />

Relaxed, friendly and productive<br />

networking including a 40-second<br />

round and three x10min 1-2-1s<br />

with people you choose.<br />

Dates: 7 Sept, 21 Sept, 5 Oct, 2 Nov<br />

Time: 8:00 - 10:00<br />

Venue: TWI Building, Granta Park,<br />

Great Abington, Cambridge CB21 6AL<br />

Booking Details: £13<br />

Find out more and book online at<br />

www.4networking.biz/Events<br />

St Ives Business Owners’<br />

Mastermind Group<br />

This breakfast meet-up is themed<br />

around collaborative problem<br />

solving. Stay on for optional coworking,<br />

with high speed WiFi and<br />

great coffee.<br />

Dates: 8 Sept, 6 Oct, 3 Nov<br />

Time: 8:45 - 10:00 and co-working<br />

between 10:00 - 17:30<br />

Venue: St Ives Corn Exchange, The<br />

Pavement, St Ives, Cambs PE27 5AD<br />

Booking Details: Mastermind<br />

Group £10. Co-working £2 per hour<br />

or £7.50 for the day. Co-working only,<br />

without Mastermind Group, £4 per hour<br />

or £20 for the day. Book by emailing<br />

info@cambridgebusinesslounge.com<br />

Cambridge Alternative<br />

Networking (CAN), Cromwell<br />

Group<br />

Members with contacts, help find<br />

each other new business.<br />

Dates: Alternate Thursdays, 8 and 22<br />

Sept, 6 and 20 Oct, 3 and 17 Nov<br />

Time: 6:45 - 08:30<br />

Venue: Quy Mill Hotel & Spa,<br />

Stow-cum-Quy, Cambs CB25 9AF<br />

Booking Details: £12.50<br />

Book online at www.eventbrite.co.uk<br />

Cambridge Business over<br />

Breakfast (Bob) Club<br />

This lively group concentrates on<br />

quality referrals in a secure and<br />

successful networking environment.<br />

Dates: Alternate Thursdays, 8 and 22<br />

Sept, 6 and 20 Oct, 3 and 17 Nov<br />

Time: 7:00<br />

Venue: Arundel House Hotel,<br />

Chesterton Road, Cambridge CB4 3AN<br />

Booking Details: £12. Contact<br />

organiser Tony Miles on 07799 623028<br />

or 01487 800032. Book online at<br />

www.bobclubs.com<br />

Coffee Means Business<br />

A relaxed, informal business<br />

networking opportunity with a<br />

short presentation from a local<br />

business.<br />

Dates: 8 Sept, 13 Oct, 10 Nov<br />

Time: 9:30 - 11.30<br />

Venue: The Apex, 1 Charter Square,<br />

Bury St Edmunds IP33 3FD<br />

Booking Details: No need to book,<br />

£2 on arrival<br />

Informal Networking Evening<br />

Learn more about the local<br />

business community, make new<br />

business connections and meet<br />

Cambridgeshire Chamber of<br />

Commerce staff.<br />

Dates: 12 Sept, 10 Oct, 14 Nov<br />

Time: 17:00 - 19:00<br />

Venue: The Lamb Hotel, Lynn Road,<br />

Ely, Cambs CB7 4EJ<br />

Booking Details: FREE. Contact<br />

Peter Watts on 07545 697799 or email<br />

p.watts@cambscci.co.uk<br />

St Neots Business Coffee<br />

Morning - No Fuss No Fees<br />

NO Fee, NO Fuss, NO Formality,<br />

these meetings are all informal<br />

networking. Turn up, chat and<br />

connect with local businesses.<br />

Dates: 13 and 27 Sept, 11 and 25<br />

Oct, 8 and 22 Nov<br />

Time: 8:00 - 10:00<br />

Venue: Moores Moores Walk Café, 20,<br />

Moores Walk, St Neots PE19 1AJ<br />

Booking Details: FREE. Register at<br />

www.stneotsnetwork.co.uk<br />

issue <strong>18</strong> | page 52


<strong>IQ</strong> diary<br />

Business Planning and<br />

Cashflow Forecasting<br />

Get expert advice on writing<br />

a good business plan, sourcing<br />

finance, managing cashflow,<br />

taxation and VAT, as well as<br />

networking with others who are<br />

planning to start a business.<br />

Dates: 14 Sept<br />

Time: 9:30 - 12:30<br />

Venue: Menta Business Centre, 5<br />

Eastern Way, Bury St Edmunds<br />

IP32 7AB<br />

Booking Details: £30. Book online<br />

at www.eventbrite.co.uk<br />

Kickstart Marketing Your<br />

Business<br />

Learn about marketing, free and<br />

cost-effective marketing tools to<br />

reach your customers, and develop<br />

an action plan to kick start your<br />

business marketing.<br />

Dates: 15 Sept<br />

Time: 9:30 - 12:30<br />

Venue: Menta Business Centre, 5<br />

Eastern Way, Bury St Edmunds<br />

IP32 7AB<br />

Booking Details: £30. Book online<br />

at www.eventbrite.co.uk<br />

Cambridge B2B Exhibition<br />

Take advantage of this exhibition’s<br />

unrivalled promotional<br />

opportunities. Seminars on<br />

Speed Networking, Facebook and<br />

Maximising Sales Potential.<br />

Dates: 15 Sept<br />

Time: 10:00 - 16:00<br />

Venue: Quy Mill Hotel and Spa,<br />

Church Road, Stow-Cum-Quy, Cambs<br />

CB25 9AF<br />

Booking Details: FREE. Contact<br />

Jenni Misseldine on 01223 209810 or<br />

email j.misseldine@cambscci.co.uk; visit<br />

www.cambridgeb2b.co.uk to book<br />

seminar places<br />

Office Drinks<br />

An unusual networking event with<br />

a pub quiz and nibbles included.<br />

Dates: 19 Sept, 24 Oct, 21 Nov<br />

Time: <strong>18</strong>:30 - 21:00<br />

Venue: Oakes Barn, St Andrews Street<br />

South, Bury St Edmunds IP33 3PH<br />

Booking Details: Contact<br />

lynette@virtualheadoffice.co.uk<br />

Ely Safari Networking<br />

Breakfast<br />

Raise your profile and extend<br />

your network of business contacts.<br />

Move around three different<br />

tables, with additional networking<br />

opportunities over a full English<br />

breakfast and tea/coffee.<br />

Dates: 23 Sept<br />

Time: 7:45 - 10:00<br />

Venue: Rosewood Pavillion,<br />

Freckenham Road, Chippenham,<br />

CB7 5QH<br />

Booking Details: Member fee £15<br />

+VAT; non-member fee:£22.50 +VAT.<br />

Contact Jenni Misseldine on<br />

01223 209810 or email<br />

j.misseldine@cambscci.co.uk.<br />

Link4Growth Ltd -<br />

Link4Business<br />

In this structured and educational<br />

environment, businesses can come<br />

together, network, make new<br />

connections and learn from each<br />

other too.<br />

Dates: 27 Sept and 25 Oct<br />

Time: <strong>18</strong>:30 - 20:00<br />

Venue: Stirling House Business<br />

Centre, Denny End Road, Waterbeach,<br />

Cambridge CB25 9QE<br />

Booking Details: £12. Contact<br />

Peter Daykin, 07769 906432. Book<br />

online at www.eventbrite.co.uk<br />

Global Business Network<br />

Organised by Cambridgeshire<br />

Chamber of Commerce, this<br />

informal networking event is for<br />

exporters or those considering it.<br />

With a guest speaker at 17:15.<br />

Dates: 27 Sept, 25 Oct, 29 Nov<br />

Time: 17:00 - 19:00<br />

Venue: The Moller Centre, Storey’s<br />

Way, Cambridge CB3 0DE<br />

Booking Details: FREE. Call Helen<br />

Bosett on 01223 209815<br />

Storm in a Teacup<br />

This innovative event brings<br />

professional women together to<br />

share ideas and experiences in a<br />

supportive and welcoming womenonly<br />

environment.<br />

Dates: 28 Sept<br />

issue <strong>18</strong> | page 53


<strong>IQ</strong> diary<br />

Time: 9:30 - 11:30<br />

Venue: Poets House, 40 St Mary’s<br />

Street, Ely, Cambs CB7 4EY<br />

Booking Details: Members £12<br />

+VAT; non-members £17 +VAT.<br />

Contact Helen Bosett, Sector<br />

Co-ordinator, on 01733 370809 or<br />

email h.bosett@cambscci.co.uk<br />

Making the Most of Cambridge<br />

Network Membership<br />

Come along to this informal<br />

seminar and networking lunch and<br />

find out what The Network can<br />

offer.<br />

Dates: 30 Sept<br />

Time: 11:00 - 13:00<br />

Venue: Hauser Forum, 3 Charles<br />

Babbage Road, Cambridge CB3 0GT<br />

Booking Details: FREE. Book<br />

online at www.cambridgenetwork.co.uk<br />

Contracts of Employment -<br />

How to get it right<br />

Find out what makes an agreement<br />

binding and what an employee is<br />

legally entitled to.<br />

Dates: 4 Oct<br />

Time: 9:15 - 13:00<br />

Venue: Acas House, Kempson Way,<br />

Bury St Edmunds, Suffolk IP32 7AR<br />

Booking Details: £105. Call Acas<br />

on 0300 123 1150 or email<br />

events@acas.org.uk<br />

Menta Trade Fair 2016<br />

Meet the region’s newest and<br />

established businesses, and exhibit<br />

your products and services to over<br />

600 visitors. With a new ‘Digital<br />

Zone’ & Brunch Means Business.<br />

Dates: 4 Oct<br />

Time: 12:00 - <strong>18</strong>:00<br />

Venue: The Apex, 1 Charter Square,<br />

Bury St Edmunds, IP32 7AB<br />

Booking Details: For exhibitors’<br />

terms and conditions, visit<br />

www.eventbrite.co.uk<br />

Suffolk Chamber Networking<br />

Lunch<br />

Jerome Mayhew, Managing<br />

Director of Go Ape, will be<br />

sharing with delegates the<br />

adventurous approach Go Ape<br />

takes to business.<br />

Dates: 12 Oct<br />

Time: 11:30 - 14:00<br />

Venue: The Granary Barns, Parsonage<br />

Farm, Woodditton, Suffolk CB8 9RZ<br />

Booking Details: Members £24.98<br />

+VAT; non-members £36.25 +VAT.<br />

Contact Alicia Matthews, Senior Events<br />

Coordinator, on 01473 694805 or book<br />

online at www.suffolkchamber.co.uk<br />

Cambridge Safari Networking<br />

Breakfast<br />

Raise your profile and extend<br />

your network of business contacts.<br />

Move around three different<br />

tables, with additional networking<br />

opportunities over a full English<br />

breakfast and tea/coffee.<br />

Dates: 14 Oct and 22 Nov<br />

Time: 7:45 - 10:00<br />

Venue: Madingley Hall, Madingley,<br />

Cambridge CB23 8AQ<br />

Booking Details: Members £15<br />

+VAT; non-members £22.50 +VAT.<br />

Contact Jenni Misseldine on<br />

01223 209810 or email<br />

j.misseldine@cambscci.co.uk.<br />

Suffolk Skills Show<br />

This offers young people the<br />

chance to find out which careers<br />

interest them. If you have<br />

apprenticeships, internships or<br />

jobs to fill, or you offer skills and<br />

training opportunities, book a<br />

stand, bring in a demonstration, or<br />

set up have a go activities.<br />

Dates: 19 Oct<br />

Time: 9:00 - 16:30<br />

Venue: Trinity Park, Felixstowe Road,<br />

Ipswich IP3 8UH<br />

Booking Details: Stands from £300<br />

+VAT. Visit www.suffolkskillsshow.com<br />

Informal Networking Evening<br />

Learn more about the local<br />

business community, make new<br />

business connections, and meet<br />

members of the Chamber staff.<br />

Dates: 20 Oct and 17 Nov<br />

Time: 17:00 - 19:00<br />

Venue: Holiday Inn, Lakeview, Bridge<br />

Road, Impington, Cambridge<br />

CB24 9PH<br />

Booking Details: FREE. Contact<br />

Peter Watts on 07545 697799 or email<br />

p.watts@cambscci.co.uk<br />

issue <strong>18</strong> | page 54


<strong>IQ</strong> diary<br />

Networking Masterclass<br />

Cambridge<br />

Become a confident and<br />

effective networker; find out<br />

how to present yourself and<br />

convey your company’s USPs<br />

effectively. Exclusive to members,<br />

recommended for new members.<br />

Dates: 1 Nov<br />

Time: 11:45 - 14:30<br />

Venue: Quy Mill Hotel & Spa,<br />

Church Road, Stow-Cum-Quy, Cambs<br />

CB25 9AF<br />

Booking Details: Members £20<br />

+VAT. Contact Jenni Misseldine on<br />

01223 209810 or email<br />

j.misseldine@cambscci.co.uk<br />

British Chambers of<br />

Commerce Global Business<br />

Network Live<br />

An unmissable event for<br />

British SMEs looking to<br />

trade internationally. Learn<br />

from inspirational exporting<br />

companies, meet trusted Chamber<br />

representatives from dozens of<br />

countries, network and learn<br />

practical tips.<br />

Dates: 1 Nov<br />

Time: 8:30 - 17:45<br />

Venue: etc venues, 155 Bishopsgate,<br />

Liverpool Street, London EC2M 3YD<br />

Booking Details: Early bird<br />

Chamber members £80; standard<br />

delegate £160.<br />

Book online at<br />

www.bccexport.co.uk. Contact on<br />

01223 209803 or email<br />

f.tester@cambscci.co.uk<br />

How to Gain More Customers<br />

Using LinkedIn<br />

Get to grips with the benefits of<br />

LinkedIn and use it to find new<br />

leads.<br />

Dates: 3 Nov<br />

Time: 9:30 - 12:30<br />

Venue: Menta, 5 Eastern Way, Bury<br />

St Edmunds IP32 7AB<br />

Booking Details: £30. Book online<br />

at www.eventbrite.co.uk<br />

Smart Selling<br />

This 3-hour high impact workshop<br />

is aimed at business owners who<br />

need to sharpen up and increase<br />

sales.<br />

Dates: 7 Nov<br />

Time: 9:30 - 12:30<br />

Venue: Menta, 5 Eastern Way, Bury<br />

St Edmunds IP32 7AB<br />

Booking Details: £30. Book online<br />

at www.eventbrite.co.uk<br />

Twitter for Beginners:<br />

Business to Business<br />

Create your own Twitter strategy,<br />

set up a Twitter account incl. home<br />

pages and settings, be a savvy B2B<br />

twitter account manager, find and<br />

increase your followers, and find<br />

out what not to Tweet.<br />

Dates: 10 Nov<br />

Time: 9:30 - 12:30<br />

Venue: Menta, 5 Eastern Way, Bury<br />

St Edmunds IP32 7AB<br />

Booking Details: £30. Book online<br />

at www.eventbrite.co.uk<br />

Cambridge Business Network<br />

Business Lecture: Focus on<br />

Start ups<br />

Get updates on some Cambridge<br />

high-impact start-ups, and hear<br />

key speaker Stew McTavish of<br />

ideaSpace, home to over 100<br />

members from just-graduated<br />

undergraduates to repeat<br />

entrepreneurs.<br />

Dates: 22 Nov<br />

Time: <strong>18</strong>:00 - 20:30<br />

Venue: The Hauser Forum, 3 Charles<br />

Babbage Road, Cambridge CB3 0GT<br />

Booking Details: Cambridge<br />

Network members free; non-members<br />

£50 +VAT. Contact Louise Rushworth<br />

on 01223 760102, or email louise.<br />

rushworth@cambridgenetwork.co.uk<br />

I’m an Employer, Get me out of<br />

here…<br />

This session gives delegates the<br />

opportunity to watch an unfair<br />

dismissal Employment Tribunal<br />

scenario take place and to see how<br />

decisions are made.<br />

Dates: 23 Nov<br />

Time: 9:30 - 14:30<br />

Venue: British Racing School,<br />

Snailwell Road, Newmarket, Suffolk<br />

CB8 7NU<br />

Booking Details: £170. To book<br />

please call Acas on 0300 123 1150 or<br />

email events@acas.org.uk<br />

issue <strong>18</strong> | page 55


<strong>IQ</strong> christmas<br />

Feeling<br />

Festive party<br />

Have you<br />

booked<br />

your office<br />

Christmas<br />

yet?<br />

Yes now really is the time to start thinking<br />

about booking your company’s Christmas party!<br />

Venues and events often get booked up fairly early in<br />

the year so it’s best to be organised and get something<br />

pencilled in the diary.<br />

Your annual Christmas party is a chance for you to step<br />

away from work and get in the festive spirit. It’s often<br />

also a good chance to show your appreciation to your<br />

colleagues and to celebrate the year’s success.<br />

The most vital part of planning your Christmas party<br />

is of course securing a suitable venue. At this point you<br />

should consider how big your team is and the type of<br />

celebration you’re looking for. Is it a chance to have a<br />

quirky themed party or more of a formal dinner? Take<br />

a look at some local venues and their offerings for the<br />

festive period...<br />

issue <strong>18</strong> | page 57


<strong>IQ</strong> christmas<br />

Highfield Event Group<br />

& HQ Nights<br />

This local marquee and event management business<br />

are holding four exclusive events this Christmas<br />

and promise to mix business with pleasure in a<br />

fashionable manner. Fizz on arrival, a 3-course meal,<br />

DJ and a bar; it’s set to be a fun-filled evening.<br />

Prices start from: £55 per guest<br />

Dates: 2nd, 3rd, 9th and 10th December<br />

HQ Nights Christmas Party location in Newmarket<br />

Tel: 01638 745301 www.highfieldeventgroup.com<br />

Rosewood Pavilion<br />

Located in the beautiful Cambridgeshire countryside,<br />

Rosewood Pavilion is an exclusive and versatile venue<br />

with lots to offer. This Christmas they’re hosting a<br />

series of festive parties with Prosecco on arrival and<br />

3-course dinner, as well as a sleight-of-hand artist<br />

and disco.<br />

Price: £49 per person<br />

Dates: 2nd, 3rd, 8th, 9th, 10th, 15th, 16th and 17th<br />

December<br />

Freckenham Road, Chippenham, CB7 5QH<br />

Tel: 01638 723155 www.rosewoodpavilion.co.uk<br />

Farmers Club<br />

If you’re looking for a refreshingly elegant yet<br />

relaxing setting, look no further. Founded back in<br />

1947, The Farmers Club in Bury St Edmunds has a<br />

range facilities and social areas with private dining<br />

available.<br />

Prices: 2-course menu including tea and<br />

coffee £23<br />

3-course menu including tea and coffee £28<br />

Canapes and Prosecco also available at<br />

additional price<br />

10 Northgate Street, Bury St Edmunds, IP33 1HQ<br />

Tel: 01284 750969 www.bsefc.co.uk<br />

The Rupert Brooke<br />

The Rupert Brooke, also part of the Chestnut<br />

Group, is within walking distance of central<br />

Cambridge and has an ethos centered upon great<br />

service and exceptional food.<br />

Capacity: Tables up to 40. Restaurant capacity 125<br />

Price: Christmas parties £29.50<br />

Dates: Runs throughout December<br />

2 Broadway, Grantchester CB3 9NQ<br />

Tel: 01223 84<strong>18</strong>75 www.therupertbrooke.com<br />

The Bull Inn<br />

Renowned for their calendar of exciting Christmas<br />

events, The Bull Inn have a jam-packed schedule for<br />

this year’s festive period. From live music and themed<br />

nights to Sunday lunches, tribute shows and festive<br />

sing-alongs.<br />

Capacity: Up to 150<br />

Prices start from: £25 per person<br />

The Street, Barton Mills,<br />

Bury St Edmunds, IP28 6AA<br />

Tel: 01638 711001 www.bullinn-bartonmills.com<br />

The Rowley Mile,<br />

Newmarket Racecourses<br />

Experience an evening of fine dining and<br />

entertainment at Newmarket Racecourses. Their<br />

magnificent Millennium Grandstand will be<br />

transformed into a magical ‘Classic Christmas’<br />

setting offering a 3-course festive dinner, live<br />

entertainment, DJ and disco.<br />

Alternatively book a private suite.<br />

Price per person: £55<br />

Capacity: Up to 500 guests<br />

Dates: 2nd, 3rd, 9th, 10th, 15th, 16th, 17th of<br />

December<br />

Newmarket Racecourse, Rowley Mile Racecourse,<br />

Newmarket CB8 0TF Tel: 01638 675300<br />

www.newmarketracecourses.co.uk<br />

issue <strong>18</strong> | page 58


<strong>IQ</strong> christmas<br />

Quy Mill<br />

This stunning refined hotel in a converted watermill<br />

located just outside of Cambridge has an enviable<br />

calendar of Christmas events this year. Their Party<br />

Nights include a 3-course festive dinner in their 2AA<br />

Rosette Mill House restaurant and there’s also the<br />

option to stay over too. For a more exclusive affair,<br />

how about a private party?<br />

Dates: Various dates from 25th November to 7th<br />

January<br />

The Packhorse Inn<br />

Part of the Chestnut Group, the award-winning<br />

Packhorse Inn in Moulton is renowned for offering a<br />

stunning dining and staying experience.<br />

Capacity: Tables up to 33. Restaurant capacity 93<br />

Price: Christmas parties £32.50<br />

Dates: Runs throughout December<br />

Bridge Street, Moulton, CB8 8SP<br />

Tel: 01638 75<strong>18</strong><strong>18</strong> www.thepackhorseinn.com<br />

Church Rd, Stow cum Quy, Cambridge, CB25 9AF<br />

Tel: 01223 293383 www.cambridgequymill.co.uk<br />

The Old Hall Ely<br />

Best Western,<br />

Heath Court Hotel<br />

Located in Newmarket, The Best Western Heath<br />

Court Hotel are offering numerous Party Nights<br />

to welcome the festive season. Opt for a 3-course<br />

meal topped off with coffee and warm mince pies,<br />

then dance the night away with their resident DJ.<br />

Alternatively, book a private party which can cater<br />

up to 120 guests.<br />

Price: From £39 per person<br />

Dates: 2nd, 3rd, 9th, 10th, 15th, 22nd or 23rd of<br />

December<br />

After several years’ practice, The Old Hall Ely<br />

guarantee a party night that everyone will remember.<br />

Overlooking the famous Ely Cathedral, their<br />

traditional Christmas dinner will be served in their<br />

marquee. You’ll be welcomed with a glass of bubbles<br />

and will also indulge in after dinner coffee and<br />

mince pies.<br />

Price: £58pp<br />

Dates: 2nd December (exclusive, min. 100 people),<br />

16th December (mixed parties)<br />

Stuntney, Ely, CB7 5TR<br />

Tel: 01353 663275 www.theoldhallely.co.uk<br />

Moulton Road, Newmarket, CB8 8DY<br />

Tel: 01638 667171 www.bw-heathcourt.co.uk<br />

Jockey Club Rooms<br />

DoubleTree by Hilton<br />

Whatever the size of your party, DoubleTree by<br />

Hilton can accommodate. From festive afternoon tea,<br />

to lunch in the Marco Pierre White restaurant, be<br />

sure to enquire about their Merry Meetings or Party<br />

Nights.<br />

Prices: Festive afternoon tea £20pp available<br />

monday to sunday, 13:00 - 17:30. Party nights<br />

from £35pp.<br />

Dates: Various dates from 25th November to<br />

7th January<br />

Granta Place, Mill Lane, Cambridge, CB2 1RT<br />

Tel: 01223 259933 www.doubletreecambridge.com<br />

Having been at the heart of British horseracing<br />

for over 250 years, this stunning and quintessential<br />

venue is hosting an evening of Festive Fine Dining<br />

on Friday 2nd December. They also provide private<br />

and exclusive hire for other Christmas events,<br />

from afternoon teas and tours through to dinnerdances.<br />

Treat family, friends and work colleagues to<br />

something totally different this festive season.<br />

Capacity: 120 dining or 300 for a reception<br />

Prices start from: £27.95 per person<br />

101 High Street, Newmarket, CB8 8JL<br />

Tel: 01638 663101 www.jockeyclubroom.co.uk<br />

issue <strong>18</strong> | page 59


<strong>IQ</strong> profile<br />

Quickfire Q&A...<br />

...with Ashley Hicks, Managing<br />

Director at Kettle Foods, to find out<br />

why he joined the business, his biggest<br />

challenge and his vision for the future<br />

What was it about Kettle Foods that made you<br />

want to take the reins? I was excited to work with<br />

a business that’s got the agility and passion of a small<br />

company but have a product that’s consumed by third<br />

a of all UK households.<br />

What’s your biggest achievement to date? There<br />

has been a lot going on in the year I have been with the<br />

business and I think our biggest achievement has been<br />

the acquisition of the Metcalfe’s skinny popcorn brand.<br />

This will help the business expand our range of snacks<br />

to reach new consumers.<br />

And your biggest challenge so far at Kettle<br />

Foods? It has to be learning everything there is to know<br />

about potatoes!<br />

What’s the best piece of advice you’ve ever<br />

been given? I was coaching my local rugby team<br />

recently and I heard a lovely piece of advice from one<br />

of the youngsters playing, ‘don’t limit your challenge,<br />

challenge your limits.’<br />

Would you rather be a business partner with<br />

Larry Page, Richard Branson or Howard Schultz?<br />

It has to be Howard Schultz.<br />

Who’s your guru? I’ve spent over <strong>18</strong> years with some<br />

of the biggest food and drink directors in the business<br />

but I would have to say my wife, Julia. She’s always<br />

been able to tell if I’m pushing too hard or if I’m not<br />

‘challenging my limits.’<br />

What do you listen to first: your gut, your heart,<br />

your brain, or your accountant? My gut instinct<br />

comes first followed by my heart. I also have a number<br />

of clever accountants around me too.<br />

If you weren’t a Managing Director, what would<br />

you want to be? Since moving to Norfolk, I’ve found<br />

a hobby that I would love to do full time... I’ve taken<br />

a course at Easton & Otley College about Beekeeping.<br />

I’ve got a hive at home and I’m expecting my first pot<br />

of honey very soon.<br />

Away from business, what would be your ideal<br />

Sunday? It has to be watching the children play rugby<br />

and hockey. My wife and I flip a coin in the morning to<br />

decide who’s going with who and then we all get back<br />

home ready for Sunday lunch - it’s the perfect family day.<br />

If you could tell your 16-year-old self one thing,<br />

what would that be? Listen to your parents! They<br />

know you better than anyone else and have always got<br />

your best interests at heart.<br />

Where would you like to see the business in 10<br />

years time? The aim is to grow Kettle Foods further<br />

internationally and to have a wider portfolio of brands.<br />

And finally… What’s your favourite flavour?<br />

Sweet Chilli & Sour Cream... Eat them with a pint<br />

of Suffolk Adnams beer and you’ve got the perfect<br />

combination.<br />

issue <strong>18</strong> | page 60<br />

more information<br />

www.kettlefoods.co.uk


<strong>IQ</strong> review<br />

article by<br />

Emily Denton<br />

book<br />

review<br />

Bricks and Mortals:<br />

Sixty years in property<br />

Author: David Bedford<br />

Paperback: £11.99<br />

“A fascinating autobiography<br />

looking at the property world and some<br />

of the changes it has endured over the<br />

past 60 years.”<br />

Review: David Bedford, of Bedfords Estate Agents,<br />

has written a fascinating autobiography looking at the<br />

property world and some of the changes it has endured<br />

over the past 60 years. He delves into East Anglia’s<br />

business and social landscape, exploring estate agents over<br />

the past six decades and the dramatic changes they have<br />

experienced as a result of the ever-changing economic<br />

climate and technological advances.<br />

Like any business founder, David speaks of his career<br />

growing Bedfords to be one of the top 20 independent<br />

estate agents in Britain, as named by The Daily<br />

Telegraph. He goes into considerable detail about the<br />

good times as well as the bad, and how, in 2016, he is<br />

proud to be marking 50 years in business. David adds<br />

a great personal touch to the read, explaining how he<br />

bought his first house for just £800 with a 90% mortgage,<br />

and what might have happened if he hadn’t accepted his<br />

first job in the Youth Employment Office in Kings Lynn.<br />

This book is perfect if you value property or if you’re<br />

intrigued as to how the industry has been shaped across<br />

our region in the last 60 years. David’s humble and<br />

positive attitude, combined with his desire to grow a<br />

leading business, is showcased perfectly in this thoughtprovoking<br />

read.<br />

more information<br />

Postal enquirers to hilarylynn@bedfords.co.uk<br />

issue <strong>18</strong> | page 61


<strong>IQ</strong> review<br />

article by<br />

Emily Denton<br />

The Inevitable:<br />

Understanding the 12<br />

technological forces that<br />

will shape our future<br />

Author: Kevin Kelly<br />

Hardback: £15.30<br />

book<br />

review<br />

“We shouldn’t fight against the<br />

changing future, but rather embrace it<br />

and work with what it has to offer.”<br />

Review: In this New York Times bestseller, founding<br />

executive editor of Wired magazine, Kevin Kelly explores<br />

our future with technology. Kelly investigates in detail<br />

how our lives are adapting to technological changes,<br />

featuring everything from virtual reality in our homes to<br />

artificial intelligence fixed in everything we manufacture.<br />

Throughout the book, Kelly highlights that we shouldn’t<br />

fight against the changing future, but rather embrace it<br />

and work with what it has to offer. Neither should we live<br />

in fear of the technological revolution, because change is<br />

inevitable.<br />

Kelly also explores in detail the forces and current trends<br />

that will develop technology and shape the next 30 years,<br />

altering the way we work, learn and communicate with<br />

one another. He asks how old business models will cope<br />

with new technologies, and what new occupations will be<br />

born out of this technological change.<br />

This book is perfect if you’re seeking guidance on where<br />

your life or business should be heading and how you<br />

should adapt. It explains what to invest in and what to put<br />

into place ahead of this new world. I would recommend<br />

this read to anyone interested in technology and the farreaching<br />

change it will have on our lives.<br />

issue <strong>18</strong> | page 62


issue <strong>18</strong> | page 63


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 />

Tax planning is not something you should<br />

leave until the end of the tax year. Taking<br />

appropriate action will help to ensure that<br />

you are able to make the most of the tax<br />

saving opportunities available to you and<br />

your business.<br />

For further information and hints and tips<br />

for 2016/17 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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