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/IndexMagazineTW


@IndexMag


@CanterburyIndex


2019 BUSINESS SPECIAL 093 BUSINESS SPECIAL Sevenoaks scoops top international award


Sevenoaks District Council beat off competition from across the globe to take the Excellence in Leadership and Management prize at this year’s Investors in People Awards. The Awards celebrate best practice amongst Investors in People accredited businesses, and The winners were announced at a ceremony in London hosted by TV comedian Russell Kane. The Excellence in Leadership and


Management Award celebrated organisations that demonstrate how meaningful leadership can make a good company great. Investors in People praised the Council for its culture of openness and promoting innovation and its unique in-house management training and coaching schemes. The schemes are available to all staff, helping the Council to develop and support its own staff into management roles.


Top 5 business tips


Write your New Year business resolutions Identify what you want for your business in the next 12 months. If you are specifi c in setting realistic goals in your Business Plan then you can measure results.


1


Reassess your digital profi le Take a fresh look at your website – does it need updating? Does it still refl ect your core values and speak to your customers? If you have not explored them already, there are many social media tools you could use to increase your online presence including blogging to achieve greater impact across potential markets.


2


Plan your promotions Get a new diary or calendar for 2019 and identify any key dates for events or campaigns across the year, as well as updating your marketing strategy.


3 Find your freedom


How do you realise your personal aspirations and get the business working for you, and gain the ultimate of fi nancial freedom?


A business that is saleable will ultimately give you that freedom. It means that it is not dependent on you, which allows you to scale, sell, pass down or simply run without being involved in the day-to-day. Research shows that a company’s ‘saleability’ is driven by eight factors, which, if considered correctly, will unlock profi t growth and drive value.


One of the eight factors – the valuation ‘See Saw’ – is all about cash fl ow. Imagine a child’s playground toy, the value of you business moves in the opposite direction of your cash fl ow. In other words, the more cash your business needs, the less it’s worth. • For more information, contact Sean Smith, Business Doctors West Kent on 07970 065239/01622 808998, email sean.smith@ businessdoctors.co.uk, visit businessdoctors.co.uk/ west-kent or twitter.com/ Strategy4SME


Your staff are the most important part of your business. Involve them in setting business goals for the year and consider investment in staff training.


4


organisation or networking group. Are you feeling isolated and worrying about what will happen to your business this year? Joining up with other like-minded people and businesses can stimulate creativity and provide a supportive forum.


5 Women in business contribute £105bn to economy


Kent businesses who attended the recent FSB Kent Big Brunch heard fi rst-hand the impact of women in business on the economy. Kent Area Leader Deborah Turner


(pictured) told delegates: “Our recent research reveals an estimated 40% increase in UK economic contribution and a 26% increase in employment generated by women-owned businesses. Developing and supporting women’s


enterprise is proven to be critically important for economic prosperity.” Three speakers addressed the guests on the topics of social media, mental health and funding for business. Kent County Council’s Strategic Programme Manager Jacqui Ward offered businesses access to £56 million via the Kent and Medway Business Fund, saying: “Looking at my data, I can see that only 18-20% of applicants for this fund were


from women-owned business. I want this number to increase in 2019.” • FSB Kent holds regular events across the county to enable businesses to meet, connect and learn.


2019 Diary dates


11th January – Kent Business Summit, Canterbury


30th January – Women in Business Brunch 5th March – International Women’s Day event, Kent


Explore ideas Join a new business


Reconnect with your employees


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