Hertfordshire businessman Simon Gibbs, founder of interior design firm Seven Design, has beaten 300 entrepreneurs to emerge as overall winner of Nectar Business’s search to find the UK’s top tip for startup business success. His tip – “Don’t forget the importance of past clients” – was awarded first place by leading business woman and star of BBC1’s The Apprentice, Karren Brady. As part of the prize from Nectar Business, the UK’s leading business loyalty programme, Simon will enjoy a two-hour business makeover consultation with Karren as well as 50,000 Nectar points, over £200 of Viking office equipment, £200 of Dulux Decorating Centres vouchers and, courtesy of DHL, a year’s membership to the Institute of Export, which provides access to expert knowledge of international trade. Nectar Business allows you to collect Nectar points on the things you already buy for your business everyday – from stationery and insurance to specialist trade equipment or even food supplies. It’s easy to spend these points on rewards for your business or treats for you.
To enter, business people submitted their tips for business success, based on their own experiences. With over 300 entries, the competition was competitively fought out and Karren praised the standard of entries when selecting her top six, which were:
“Don’t forget the importance of past clients, keeping them informed on current and upcoming events.” – Simon Gibbs, Seven Design, St Albans
“Resist buying products in large quantities for a small discount, thus tying up your funds, as they might not sell as quickly as expected.” – Ray Brydon, Personalised Pet Products, Sutton Coldfield
“Use the internet, take advantage of Skype for meetings and sipgate for phone calls, and add as many lines as you wish for no line rental.” – Alan Lowe, Cordillo, Leigh
“Pace yourself. A big contract may look attractive but can be a distracting burden taking time away from activities vital for future success.” – Rebecca Kench, PropertECO, Bath
“Test ideas on strangers because family and friends are not always so candid.” – Kate McInerney, Solar Shop Europe, Thame
“Do everything yourself once. Then delegate. Leave yourself free to do what you are best at.” – Theresa Duggen, Eden Wine Bar & Restaurant, Grantham
The competition, which ran throughout September, was launched to celebrate the online publication of the Nectar Business Guide to Start-up Success. The practical, step-by-step guide was compiled in conjunction with the Federation of Small Businesses and Karren Brady, to offer fledgling companies help and advice on their first year in business. Leading UK business woman, Karren Brady comments: “Small businesses in this country are vital to boosting industry and strengthening our economy. It’s important that startup businesses can get the information and support they need from day one, which is why I am delighted to be involved in this initiative.” To download your copy of the Nectar Business Guide to Start-up Success, and for more top tips on starting a business, visit Nectar Business.
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