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Law for Business

Knowhow - guidance - precedents

18 DEC 2012

2012 - Year of the Entrepreneur


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Since our SME site went live in October 2012, we have posted some invaluable opinions and topical articles from leading law firms and authors.  To celebrate this successful venture, we would like to invite entrepreneurs and start-up businesses to comment on this blog or separately on their experiences.

Earlier this year one entrepreneur, Sally Mills, embarked on a journey to use her skills and experience to launch her marketing business www.parasol-marketing.co.uk.

After having finally settled in Crystal Palace from adventures and work experience around the world, Sally is keen to highlight those who have helped her.  As with most start-ups, she found that the local councils are usually good places to get advice, as is the local Chambers of Commerce.  Her inspiration perhaps can be traced to Merton Council and Sally found Merton Chambers of Commerce business advisor, Kevan Dunne, particularly helpful.   Christmas parties/events are also ideal for networking and recently Sally joined the Crystal Palace chamber get-together in their local Tamnag Thai restaurant.   Businesses here seem to be a close knit vibrant community, who are clearly proud of their location and unique shops;   Bambinos combines antiques with quality coffee, which is worth travelling for I am told.

All boroughs have excellent business networks and the local Chamber of Commerce is more than willing to encourage businesses to become members.  The British Library also deserves a mention here.  They run an excellent Business and IP centre providing helpful, informative and motivating seminars.  Some of the seminars are free and all provide good opportunities for networking, see http://www.jordanslawforbusiness.co.uk/articles/business-and-ip-centre.

Equally there are a number of initiatives that offer advice and some even funding; an exciting new venture is Wayra an accelerator organisation offering funding for digital initiatives. The London office of Wayra was opened in June 2012 and is one of 12 Academies in 11 countries.  Each location boasts 10-20 project teams carefully selected from 1000s of applications. They were founded in South America by José Maria Álvarez-Pallete Lόpez (now CEO of Telefόnica Europe) in response to a lack of support for innovative start-ups. Wayra was also host of recent Global Entrepreneurship Week 2012  launch event in November.  

If you have a family business, it is encouraging to see that the Veale Wasbrough Vizards 2011 report finds that 50% of family businesses are not only surviving the recession, but are gaining market share and profitability; read more http://www.jordanslawforbusiness.co.uk/articles/family-business-and-the-recession-2011-national-family-business-report.

If you have launched your business recently, we would like to hear from you, particularly about the networks that have been helpful.

Alternatively, if you would like to have someone who can offer guidance, visit www.getmentoring.org to find a trained mentor who can help by sharing their own experience of success and failures. 

For 150 years Jordans have been looking after business from start up through to large global enterprises. Richard Jordan set up a company formation agent and law stationery business in Chancery Lane, London in 1863.  In 2013, Jordans will be celebrating 150 years with a number of initiatives.  Our next blog in the New Year will provide a further update.

On that note, we wish all Entrepreneurs and SMEs a Merry Christmas and a very prosperous future!


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