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Bringing up baby
Martine Firth knew exactly what business she wanted to start
up but she didn’t have the first idea how to go about
it.
‘
I wanted to launch a parenting lifestyle magazine,’ explains
Martine who is now based in Berkshire. ‘But, as I’m
French, I just didn’t know how to go about it in the
UK. I searched the Internet and quickly found Duport’s
website. It was just so clear and seemed very competitive.’
So Martine emailed Duport.
Insight # 1: ‘Derrick Phillips in Duport’s frontline
team contacted me very quickly. He explained the services
he could offer but there was no hard sell – that was
very important to me. He gave me plenty of time to think.
When you start up, you don’t know who to listen to,
but Derrick was very fair. He told me they weren’t
necessarily the cheapest but explained all the options and
what they could provide.’
Martine quickly decided to use Duport to register her company,
County Child.
Insight # 2: ‘I felt I could trust Derrick. I asked
him for advice because I felt very naïve but he never
patronised my naivety. I often had to ask the same question
several times before I was sure I knew all the implications.
But he helped me understand, even if he had to repeat things,
and he never once made me feel I was being awkward. He never
told me what to do. He’d just say things like “in
my experience, this is good” and leave me to decide.
He was very fair and a very nice chap.’
Once the company was registered, Martine began to think about
her website, where the bi-monthly magazine can be viewed.
Insight # 3: ‘Derrick registered domain names for me
and then helped me decide which was the best to use. Once
again, I needed his advice. He then talked to the guys I
used to build my website. I never had to get involved; Duport
took care of everything for me.’
Martine recently had a problem with her emails and once again
turned to Duport for help.
Insight # 4: ‘Derrick solved the problem the same evening.
He even called me back later to let me know how many emails
would now be coming through.’
Such customer service is important to Martine.
Insight # 5: ‘They are very consistent in their customer
services. Almost every time I called, I could talk to Derrick.
If I left a message, it was always Derrick himself who called
back. It’s nice to speak to the same person every time – it’s
very important to me. Others in the company have also been
very efficient. Everyone’s treated me well and never
patronised me.’
At the moment, Martine’s magazine is aimed at parents
in Berkshire but she has plans to extend it to neighbouring
counties and further afield.
Insight # 6: ‘I would return to Duport for more help.
There are cheaper companies but Duport are very fair and
I’m very happy I used them. Even though everything’s
done for now, I feel I can still call them. They provide
that vital personal touch.’
Contact details
County Child, PO Box 2841, Ascot, SL5 7ZJ.
Tel: 01344 874494
www.countychild.co.uk
If you would like information on setting up a company or
a website for your business, click here or contact the Admin
team on 0117 330 8910.
How to work with a lawyer
Solicitors have a reputation for being expensive, yet their
services are indispensable for certain specialised services.
If you are starting a business, you need legal advice about
property leases and contracts of employment. You also need
help with things such as legal advice before firing someone,
terms and conditions of sale and contracts. So how do you
find a good and affordable solicitor?
Choosing a solicitor
•
Personal recommendation is the usual, and often the best,
way to choose a solicitor. Ask for recommendations from people
in the same size and field of business as yourself who need
similar commercial services.
•
Visit more than one firm. You are looking for someone you
can get on with and who talks in language you can understand.
•
Find out what areas they specialise in.
•
Ask about the fee structure for services, but don’t
judge on price alone. The personal rapport is more important
(providing fees are affordable, of course).
Be aware that in a small legal practice, while you get a
more personal service, staff may be too stretched to help
if you need advice in a hurry. A larger firm may be able
to pass you to another solicitor/specialist if your own adviser
is tied up, and will probably offer a wider range of experience.
Know when to consult a solicitor
Solicitors will guide you through any aspect of the legal
system. They can also draw up legal documents such as property
agreements and transfers. Their advice includes:
•
Personal guarantees and assistance enforcing your legal rights
with debt collection, issuing writs and winding-up orders;
•
All aspects of employment law;
•
Contracts and settling disputes;
•
Terms and conditions of the sale or acquisition of businesses,
franchises and property;
•
Registering a trademark or applying for a patent (hire a
specialist for this).
Fee structure
Since solicitors usually charge by the hour, always ask for
an estimate of what the work in question will cost. If they
can’t be precise, ask for their hourly or daily rate
so you have some indication.
It is worth asking whether you can negotiate a fixed fee,
especially if it is for an assignment such as reviewing contracts
of employment. Ask for a written statement of what the fee
covers, and ask what is not included, since you can’t
be expected to know this. For example, expenses (known as
disbursements) will probably not be included, so ask for
an itemised list of these and the likely charges.
Only once you have all this information, and are happy about
the cost (you may want to compare it with the charges made
by another solicitor, for instance), are you ready to go
ahead. This is known as ‘instructing’ your solicitor.
The advantage of a fixed fee is that you can call your solicitor
to see how things are progressing and this will not be counted
as an extra. If, however, you are paying by the hour, every
phone call and meeting is regarded as chargeable time.
Whatever system you agree, ask your solicitor to brief you
on progress at regular intervals. Many do not do this, but
you need to know what is going on and what stage matters
have reached.
When you take advice from a solicitor for a particular task,
such as drawing up a contract, there may be elements that
you can easily take care of yourself, such as filling in
forms with basic details about your own company. It saves
time and therefore money if you do this.
The bill
Make sure you understand what you are paying for and that
everything is accounted for to your satisfaction. For instance,
is it made clear what ‘disbursements’ covers?
Solicitors’ fees must be ‘fair and re
asonable’ so
if you do not understand your bill when you get it, ask how
it is made up.
If you disagree that the bill is ‘fair and reasonable’,
you are entitled to challenge it and the solicitor must then
get a certificate from the Law Society endorsing its validity.
But if you have found a reliable and helpful solicitor to
work with, you won’t need to query the bills.
Minimising costs
You can minimise legal costs by:
•
Choosing the right solicitor for your size and type of business;
•
Knowing when to consult a solicitor;
•
Being clear about the fee structure from the outset;
•
Minimising the number of calls to and meetings with your
solicitor;
•
Not using a senior partner when the work is low level or
routine;
•
Doing as much of the basic groundwork yourself as possible.
Finally, always take legal advice before you act. Picking
up the pieces afterwards is much more expensive.
Useful contact
Lawyers for Your Business, run by the Law Society, has 1700
participating members in England and Wales who will give
you a free half hour consultation on legal issues and pitfalls
to avoid when starting a business or growing one. T: 020-7242
1222. www.lfyb.lawsociety.org.uk
Translate your website in a Blink
Three young entrepreneurs from Leeds have joined forces to
help firms bridge the language barrier.
Blink is a website translation service launched by Bella
Lingua, a young, dynamic translation agency that is fast
establishing a national reputation.
The pals already worked in the same building and became friends
after meeting at a networking event.
Blink has over 87 languages on call. ‘We have translators
all over the world, including the USA, Canada, India, Japan,
Egypt, Thailand and Estonia,’ says Cassandra Oliver,
director of Bella Lingua.
‘
Localisation is set to become the heart of international
trade and we intend to lead the way.’
For more information visit www.blinkglobal.com .
Small businesses ‘driving
blind’
Despite the best advice of business support agencies, accountants
and banks, almost half of the UK’s small businesses
put their futures at risk by not following an up-to-date
business plan.
Poor management and financial planning are often cited as
the main reasons why small businesses fail – both of
which are the main benefits of an updated and comprehensive
business plan.
However, a survey by Croner, a leading provider of business
advice and information, has shown that business plans are
often ignored.
An amazing 44% admitted that, despite its importance, they
did not have an updated plan, while 56% did ensure theirs
moved with the business.
Victoria Harris, editor of small business products at Croner
says: ‘This is a worrying result. Small business is
vital to the UK economy but it appears that almost half of
the sector are ignoring one of the key drivers of success.
‘
Business plans can take up a lot of time and effort but they
condense the past, present and future of the business into
one living document and ensure the financial, managerial
and operational necessities are in place to achieve future
growth.
‘
Without a strong, contemporary business plan, small business
people are driving blind.’
Fly-tipping risk over new
hazardous waste rules
Plans to reduce the number of council tips that take hazardous
waste – and to increase the types of rubbish defined
as hazardous – could result in a huge increase in
fly-tipping.
That is the claim by the Federation of Small Businesses (FSB),
who say the new regulations will cause huge practical difficulties
for small firms.
From July this year, a wide range of everyday items such
as computers, televisions, and fluorescent lights will be
re-classified as hazardous under new EU rules.
At the same time the number of landfill sites licensed to
deal with such waste is set to be slashed from 182 to 14.
FSB Environment Chairman, John Holbrow, says: ‘With
fewer landfill sites and higher transportation costs, the
cost of disposing of hazardous waste is set to rocket.
‘
The vast majority of businesses will be affected because
they all produce rubbish that will soon be re-classified
as hazardous.’
Another change will require hazardous waste to be separated
from other rubbish, requiring extra storage facilities. If
small firms fail to segregate their rubbish, they will be
charged for the disposal of all their waste at the higher
price.
‘White van man’ gets
a break
The much-maligned menace of UK roads has been given a break
by insurance specialists Quoteline Direct.
The new service could save van drivers up to 69% of the cost
of normal premiums.
‘
The so-called “white van man” has a bad reputation
on the UK’s roads. Accordingly, there are a lot of
business owners that pay high insurance premiums, even though
they have an exemplary driving record,’ says Graham
Higgins from Quoteline Direct.
‘
The new service will benefit thousands of van drivers in
the UK arranging insurance for the first time. If they have
earned a bonus on their private car, we will give them credit
for their good record on the business vehicle.’
Firms could also cut their insurance premiums by displaying
their company logo on their van.
‘
The number of years the business has been in existence, whether “racking” is
fitted in the vehicle, and the displaying of the company
logo are all signs that the business is well run. If a business
is well run, we’re prepared to offer lower insurance
premiums,’ says Graham Higgins.
Quoteline can be contacted on 0870 444 4844 or www.quoteline.co.uk
.
Firms reward good work
Most small firms reward employees for good work simply by
saying ‘thank you’, rather than splashing out
on presents or bonuses.
A new survey shows that small businesses, conscious of tight
profit margins, usually prefer to reward high-flying employees
with non-financial incentives.
However, in the current climate of low unemployment, managers
are having to step up their approach in order to recruit
and retain the best job candidates.
A surprisingly high number of respondents say they are happy
to offer pricier perks, including holidays, nights out, promotions
and other gifts.
Dan Matthews, of business publishers BusinessEurope.com,
says: ‘In the current, highly competitive environment,
employers are having to come up with novel ways of rewarding
staff without upsetting profit levels.
‘
Showing your appreciation is vitally important in maintaining
high levels of motivation and morale, but this does not necessarily
mean breaking the bank.’
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