Autumn Winter 2016

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AUTUMN/WINTER 2016
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03 Welcome
David Allen & our Guest Editor
04 Developing a
motivated team
Alison Welton
06 Don’t keep your
‘investments’ in one basket
Steve Balmer
08 Energus
Client profile
10 Consideration for
incorporation
Danny Roper
12 Inheritance Tax
Lucy Metcalf
14 Auro enrolment
Vicky Benson
16 Business-to-business
debt recovery
Dianne McDermott
17 VAT and the
implications of Brexit
Julie Osborn
18 Why choose David Allen?
20 Top tips to beat
cyber crime
Gary Martin
22 Sage so ware support
David Scott
23 The Small Business, Enterprise
and Employment Act
Robert Nordon
24 The Shearing Shed
Client Profile
26 Charity of the year
round up
29 2016/2017 Charity Partner
30 E ective bookkeeping
Daniel Meats
32 Introducing Tami Barton
33 Pensions freedom
Gary Jackson
34 Out and about
At the time of writing the people of the United
Kingdom have voted to leave the European Union,
with politicians, business leaders and indeed the
nations and regions of the UK still divided on the
outcome and awaiting next steps.
While politicians and civil servants plot the course
to our next destination in the context of a May-led
Government, businesses and employers remain out
in the open waters and exposed to the changeable
winds of our domestic and global economy.
Now more than ever leadership needs to come from
the business community who cannot move at the
wounded pace of a fractured political system. As
leaders now is the time for us to help, support and
influence our politicians to make the right decisions
when they need to most.
Business people in our region understand the value
of relationships to their success, be these at the
local supply chain level or through their global client
base in our key markets of engineering, tourism
and agriculture. These connections will need to
be nurtured and protected to ensure that we are
successful in redefining the nature of our relationship
with our neighbours and trading partners.
In Britain’s Energy Coast Business Cluster (BECBC), with over
330 member companies with commercial interests in this region,
relationships are our trading currency. In a way we are a microcosm
of the global economy with businesses and organisations of all
sizes, from multibillion businesses to the smallest SMEs, and with
representation including local, national and international entities from
USA, Italy, Germany, France, Sweden, Spain and Japan.
Right now our members are focused on using their relationships to
grab the opportunities arising from continued uncertainty, be that
the potential for increased tourism spend resulting from a weakening
pound or be it the provision of financial services to those looking to
recalibrate their positions.
In recent times the people of this region have shown they have an
awesome resilience to deal with the biggest of challenges with the
unprecedented flooding events and indeed we always have done,
when you think back to how we dealt with the tragic foot and mouth
outbreak. The way in which people have bounced back, and in many
ways come back stronger reflects the strength of character and the
quality of relationships. I feel confident these attributes will also see
us reach that next destination in good shape and having secured
important opportunities.
“...Now, more than ever, leadership needs to come from the
business community...”
Ivan Baldwin
Chairman of Britain’s Energy Coast Business Cluster (BECBC)
T: 016973 44905 E:
W:
Ivan Baldwin, Chairman of Britain’s Energy
Coast Business Cluster (BECBC), applauds the
strength and character of business relationships
in the region – qualities that will be needed in
uncertain times ahead. Ivan Baldwin
Chairman of Britain’s Energy Coast
Business Cluster (BECBC)
Welcome to the Autumn/Winter 2016
edition of our Connecting Newsletter.
Now that Autumn has arrived, it’s good to look back at the
success of the Summer, particularly the agricultural shows
we took part in and enjoyed so much. With great weather,
family attractions and the support we received from clients,
these local events were all super days out. If you came
along to see us, thank you – it’s always great to catch up
informally and we hope you enjoyed the shows as much
as we did.
Since our last newsletter, the United Kingdom has voted to
leave the EU and I am delighted to welcome Ivan Baldwin,
Chairman of Britain’s Energy Coast Business Cluster as our
Guest Editor offering his thoughts on the way forward for
the UK.
The term ‘Energy Coast’ is a regular theme and expression
often used in West Cumbria. You only have to Google the
phrase and Cumbria appears at the forefront of innovation
and opportunity. Sitting within the heart of this coastline is
Energus - a state of the art training and conferencing centre
and I’m pleased to welcome them as one of our featured
client articles on pages 8 and 9.
This newsletter is jam packed with the usual mix of
accountancy, tax and financial advice as well as providing
you with updates on our Charity of the Year initiative.
David Allen
Managing Partner |
I hope you enjoy reading this edition and if you
would like further information on any of the subjects
featured, please call me on 01228 711888.
GUEST EDITOR