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Duport is celebrating the incorporation of its 5,000th business
with the opening of a new coffee shop in Frome.
The Nine Bar Coffee Shop, in Catherine’s Hill, was
set up by Chris Heath.
Duport was called in to handle the company formation by
accountants Burton Sweet.
Chris, who also runs Weston Innovations Ltd, manufacturers
of self-adhesive label stock, says the Nine Bar Coffee Shop
will be a family affair, involving both his wife and daughter.
The coffee shop will specialise in high-quality coffee, and
will become a place for people to catch their breath after
the walk up Catherine Hill, as well as to survey the beauty
of Frome’s conservation area.
Going the extra mile
‘
I like good value for money,’ says Bob Knight of Xensis
Ltd. ‘When setting up my first company in 2000, I looked
around for a company which would provide the basic company
set-up service, rather than use expensive solicitors or accountants.
I found Duport on the web and used them to set up Xensis
Ltd, which they did in a fast and professional manner.’
Insight # 1: ‘Following the set-up, Duport offered
guidance over and above what I had paid for. Since then I’ve
recommended them to a few friends who have been very pleased
with the service.’
Xensis is an independent software company based in Cheshire.
It develops software to manage intellectual property. The
software helps file patents and other types of intellectual
property with patent offices around the world. The software
also helps companies manage trade marks and domain names.
Originally the software was developed for use by large corporations
in the US and Europe. Now Xensis has adapted this software
for the SME market. ‘We now offer a range of intellectual
property management programs that are reliable, secure and
also, as important for growing companies, scalable,’ comments
Bob. The software starts at £495 for a single user.
Insight # 2: ‘I started up another company in 2002
and had no hesitation in using Duport again - and to my surprise
the service had got even better. They now issue a bound document
containing all of the request documents and step-by-step
explanation. They are a cost effective, efficient and helpful
company with no hidden extras.’
Insight # 3: ‘Six months following the company set-up,
I asked Duport a question about registering more shares,
and again they went out of their way to help. You can’t
ask for more than that!’
Duport is shaping the future of company formation, just
as Xensis is shaping the way forward for intellectual property
management.
Contact details:
Bob Knight, Xensis Ltd
www.xensis.com
If you would like information on setting up a company or
a website for your business, click here or contact Derrick
Phillips on 0117 330 8910.
How to create a vision that propels your business forward
Are you so busy you haven’t even got time to think
about next week, let alone next month or next year? It’s
the plight of many managers and business owners. The trouble
is, unless you dare to dream it’s never going to get
better.
Visionary businesses often have bold missions. These can
also be called BHAGs, Big Hairy Audacious Goals.
Stimulating progress
A BHAG is a powerful mechanism to stimulate progress. Most
businesses have goals, but there is a difference between
merely having a goal and becoming committed to a huge, daunting
challenge.
In the 1960s, President Kennedy didn’t just have a
goal to ‘do a bit more in space’. Despite there
being a less than 50:50 belief in putting a man on the moon,
in 1961, he still declared ‘that this nation shall
commit itself to achieving the goal, before the decade is
out, of landing a man on the moon and returning safely to
earth’.
At the time this statement was outrageous. It was a BHAG – and
what a BHAG does is provide a unifying focal point of effort,
often creating tremendous team spirit.
A BHAG engages people – it reaches out and engages
their emotions. It is tangible, energising and exciting;
it has a clear finishing line. As the goal becomes the focal
point, so the leader becomes less important.
How other people use them
BHAGs are particularly well-suited to large and small companies
alike, and even departmental managers.
• Sam Walton’s BHAG was to make his first dime
store the most successful in Arkansas within five years.
It later became Wal-Mart.
•
Tom Watson Snr’s goal was to transform his tiny one-building
company into the International Business Machines Corporation – now
IBM.
Case study
KJ Printing Systems was a small printing firm. Lacking clarity
about the future, KJ worked through the process of developing
a BHAG. The results are as follows.
Core purpose:
•
To make it hassle-free for advertisers and their agencies
to get superb quality print advertisements on their hoardings.
Core values:
•
Customer-led.
•
State-of-the-art technology.
•
Dedicated.
•
Professional.
•
Growing profit.
BHAG:
•
To create a reputation for quality and reliability such that
70% of advertising agencies actually stipulate that they
want KJ to print the advert (to be achieved within three
years). To be known as the only printer worth working with.
To be the leader of the pack, proven by awards.
Picture the scene… it is ten years hence. We are in
the car park at KJ – there is a series of company cars
ahead of us – convertible Saabs, the new BMW sports.
We enter through the glass double-doors. The ground floor
is a hive of activity. It is a high-ceilinged hallway that
has hoardings adorning its walls. It is like a church dedicated
to the art of tasteful persuasion. You would never know that
behind this room dedicated to style is a printing works.
Young designers with portfolio cases are engaged in passionate
conversation with print managers…
Action point
Do you have a Big Hairy Audacious Goal – or do you
have dull, uninspiring goals like ‘do better than last
year’? Where’s the passion and excitement in
that? Rewrite your vision until it is a BHAG – this,
in turn, will inspire you to rewrite your mission and will
affect your strategy.
• What is your core purpose?
•
What are your core values?
•
What is your BHAG?
Now write down a brief, vivid description of your BHAG.
• Is it clear?
•
Is it compelling?
•
Does it require little explanation? It shouldn’t.
•
Is it a goal (rather than a statement)?
•
Does it get people’s juices going?
•
Is it outside the comfort zone? It should be.
Who’s to say you shouldn’t be the next Sam Walton?
But you have to dare to dream…
Robert Craven
Contact
Robert Craven is author of Kick-Start Your Business – 100
Days to a Leaner, Fitter Organisation, published by Virgin
Publishing. He is one of the UK’s leading marketing
consultants, and also specialises in mentoring. T: 01225
851 044. rc@robert-craven.com
www.robert-craven.com
Rent reduced for disability access work
You may be able to get rent on your business premises reduced
to help you pay for the cost of complying with the Disability
Discrimination Act.
Donaldsons, property consultants, represented tenants in
three recent rent review arbitration cases. The outcome was
that the landlord was made to reduce the rent to take into
consideration the cost to the tenant for work to help the
building comply with the DDA.
Employers in phone ban alert
The new ban on the use of mobile phones when driving could
prove expensive for employers who don’t explain the
law to employees.
The warning comes from commercial law firm Beachcroft Wansbroughs
in response to the new law, which takes effect from December
1.
Anyone using a hand-held phone or device when driving will
risk a £1,000 fine – but any employer who requires
allows an employee to breach the regulations could also be
fined.
This will clearly implicate employers requiring employees
to make business calls on the road, but could also mean that
employers who fail to forbid such an act are also exposed
to prosecution.
‘Employers must act now – or face the potential
consequences,’ warns Rachael Heenan, Associate with
Beachcroft Wansbroughs’ national Employment practice. ‘They
must carry out risk assessments, introduce clear policies
on the use of mobile phones when driving and communicate
these rapidly.’
Warning over gay discrimination
A legal expert is warning every business to prepare for new
anti-discrimination laws or risk facing costly claims.
The comments, from Sue Morrison, head of employment law
at the Manchester office of Mace & Jones, follow revelations
in a survey that 57% of companies were not fully prepared
for the new laws.
The Employment Equality (Sexual Orientation) Regulations
2003 and the Employment Equality (Religion or Belief) Regulations
2003 come into force at the beginning of December.
Under the new regulations, any discrimination on the grounds
of sexual orientation, religion or belief will be illegal
in the same way as race, sex or disability discrimination.
Sue commented: ‘Companies need to ensure they have
comprehensive harassment, bullying and equal opportunities
policies, covering the requirements of all the relevant legislation.
‘Company policies must state that any action not in
accordance with these rules will not be tolerated and could
be a disciplinary offence. They must also set out the form
of redress a worker can take if they wish to make a complaint.’
For more details, visit www.dti.gov.uk/er/equality/eeregs.htm
Business rates: paying too much?
Every business must pay business rates. But according to
the Royal Institution of Chartered Surveyors (RICS), many
people may be paying too much.
So RICS has launched a Business Rates helpline, which offers
free advice to businesses across the UK. 0870 333 1600.
Date a new business partner!
A new ‘dating’ service has been launched to help
entrepreneurs find people to get involved with their business.
‘All the books and expert advice is about writing
business plans and raising finance – but they’re
missing the fundamental point,’ said Lawrence Gilbert,
director of Company Partners.
‘Yes, you’ve got to plan well, but more basically
you have to just get on and do it. It can be very daunting
to start off all on your own. However, with a colleague,
perhaps with complementary skills to your own, you can try
out ideas and generally motivate each other.
‘Without that mutual support, many good ideas that
people have will unfortunately fall by the wayside.’
Company Partners is hoping to set this right by launching
an Internet matching service. When you go to the website,
you can register for free, post your details and search the
site for other people or existing small businesses that meet
your particular needs.
A monthly fee is charged when you convert to a full member
to get all the contact details and use the extended matching
capabilities.
There is also the opportunity for investors to search the
database of the prospective entrepreneurs while keeping their
own details private should they wish.
‘It’s a bit like a dating agency for those wanting
to get their business going,’ said Lawrence. ‘I
really believe it will make all the difference.’
For more information, visit www.companypartners.com
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