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For Immediate Release January 2022
A new way of working, straight off the BLOCK
New premium co-working space BLOCK opening at Royal William Yard April 2022
BLOCK is coming to Plymouth in the Spring of 2022 offering unrivalled workspace style while promoting community, wellbeing and collaborative working. The new co-working business launches in April 2022 and features both office The final stages of an acquisition deal can be all consuming, but operationally, post completion has when the real work begins. The nature of the acquisition and the relationship between Vendor and Purchaser will determine the challenges in integrating the acquisition into the future structure. Katherine Broadhurst, Corporate Finance Partner at Azets, explores the key areas to focus on once the deal is completed and the ink is dry.People Power
People are central to the success of any business. New working An SME accounting expert with UK Top 10 firm Azets, the largest regional accountancy firm and business advisor to SMEs, is urging businesses to address Environmental, Social, and Governance (ESG) policies or risk losing their funding line.
Matthew Gard, Growth Partner at Azets, says climate change and ESG is already starting to have a significant impact on funding decisions and those too focused on the short-term could be putting the future of their businesses at risk.
He warns that lenders, suppliers, Once you have identified a target, considered as much as you can from strategic, financial and cultural perspectives, and had an initially positive response to an approach, the process to seek to reach a mutually acceptable position starts. Katherine Broadhurst, partner at Azets explains.
Internally, the Buyer should agree a team who would work with the external advisors on the transaction, as well as the parameters (maximum value, other principles of engagement) for the deal. This ensures appropriate Our recent SME Barometer report highlighted businesses see the biggest opportunity and the biggest threat as two sides of the same coin – adapting to the new “normal”. This involves embracing the new ways customers are purchasing goods and services…increasing efficiency and reach through automisation and digitisation.
Katherine Broadhurst, Partner at Azets explores some positive steps you can take to seize the opportunity.
Organic Growth
With more than half of SMEs expecting turnover and profit to How to determine and obtain the right type of finance to support growthIn today’s financial landscape, finding the best funder for your business is more complex than ever. The breadth of choice is vast and banks and other funders each have different areas of focus, which may change with economic conditions and the rationales for decisions may not be apparent from the outside. With 60% of UK SMEs looking to invest in their business in the next 12 months and 20% of UK SMEs planning to borrow in the same During the pandemic with restrictions in the UK and worldwide it’s been a challenging time for many businesses. However, in some cases not being able to operate at all or learning to in a different way has given businesses the time to stop and reassess their business and objectives and enhance their operations.The change in circumstances all businesses have had to navigate in this last year has created, for some, an opportunity to deep dive into the business and reconsider internal processes that may have
Results from the latest British Chambers of Commerce survey on the impact of Coronavirus on businesses show they have been pushed to the brink by the effect of multiple lockdowns.
Among the sobering findings from the survey of more than 1,100 businesses are:Three in every five firms (61%) have seen their revenue from UK customers fall in the last three monthsAlmost a third (31%) of business-to-consumer (B2C) firms say they will run out of cash in the next three monthsA quarter of survey respondents (25%) The Devon & Plymouth Chamber has joined forces with Fresh Air Studios in Plymouth to launch a brand new podcast for the South West business community and beyond.
'In Conversation With...' will feature personalities and business owners from across the region, with each episode containing two interviews.
In 'Chamber Chat', podcast host and Chamber CEO Stuart Elford will chat with well-known local personalities such as Luke Goss, David FitzGerald and Luke Pollard MP, to find out more about them as people and Following the Chancellor’s removal of the minimum placement criteria for small business on Friday, the Devon & Plymouth Chamber has learnt that this action was taken in response to the Treasury’s concern over providers who were failing to pass on the £1,500 training grant to employers and gateways being slow to respond to small business.
For each placement, gateway providers receive £300 to support administrative costs, while employers are supposed to receive £1,500 per placement for help with setup Leading South West firm Thomas Westcott Chartered Accountants has been announced as an official Patron of Devon & Plymouth Chamber of Commerce.
The independent accountancy practice has 17 offices across Devon and Somerset and has played a prominent role in helping businesses improve their financial resilience in the face of the Covid-19 pandemic.
Thomas Westcott’s position as a Chamber Patron reflects its status as a regional leader and a supporter of thousands of businesses in the South West.
Patrons of
The Heart of the South Local Enterprise Partnership is currently consulting on its document entitled ‘Stepping up to the Challenge.’ This is a draft Productivity Strategy for the counties of Devon and Somerset. Our area compares unfavourably with most in the county in terms of the volume of the work achieved, per hour, spend on innovation, number of companies which export and overall how competitive our economy is. The strategy aims to double the size of the local economy by 2030 and improve our relative
Tuesday, January 11, 2022
News Release: 11/01/2022
Friday, January 07, 2022
Acquisitions - a match made in Heaven?
Wednesday, December 15, 2021
Address ESG or lose funding, warns SME accounting expert
Wednesday, November 17, 2021
A Meeting of Minds?
Thursday, November 11, 2021
Seize the opportunity!
Monday, September 20, 2021
How to determine and obtain the right type of finance to support growth
Wednesday, September 01, 2021
How sustainable is your profit performance?
Thursday, February 18, 2021
Cash remains top concern for lockdown-stricken firms
Monday, February 01, 2021
Listen to our new Chamber podcast now, with Fresh Air Studios
Monday, January 25, 2021
Chamber hits back at Chancellor's Kickstart Gateway comments
Wednesday, December 09, 2020
Thomas Westcott announced as Chamber Patrons
Wednesday, November 22, 2017
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