Acorn Business Bootcamp In St Andrews

Are You Thinking About Starting Your Own Business?

If you are, then the one day Acorn Business Bootcamp is for you!

It’s on Saturday, 11 April 2015 from 10:00 to 16:00

The event, run in conjunction with the University of St Andrews, is designed for both students and the wider business community.

For University of St Andrews students, the theme of this event is to give you a flavour of what running a small business is really like and to encourage you to consider launching your own start-up!

For existing business owners, you will hear the story of other business owners and how they overcome various challenges on their entrepreneurial journey!

We have 3 awesome speakers at this Bootcamp for you:

* Byam Trotter – owner of Trotter’s Independent Condiments: started making chutney in his parents’ kitchen as a hobby when he couldn’t find a job after he graduated.

He started selling it to his neighbours and at the local Fife Farmers’ Market. Now 5 years in, Byam has his own kitchen, a growing team and is stocked by House of Bruar, among other prestigious outlets!

* Chris Marr – owner of Learning Everyday: is a University of St Andrews Alumnus.

Chris is on a mission to change the way that businesses communicate and engage with their audience forever, and help business owners become better marketers of what they do. He will share his amazing story and some advice on personal branding regarding what students and business owners should be doing now to ensure they stand out.

* Jen Munro – owner of ISSOS: is our keynote speaker and is also a former Univeristy of St Andrews Student.

Jen is a well-respected Scottish entrepreneur and for the past 9 years, her business, ISSOS, has provided exclusive, well balanced summer programs, catering to 13-18 year old’s from over 64 nationalities. With two locations; St Andrews University and Cambridge University, ISSOS offers students a summer experience like no other.

Jen is also a Board member of the Entrepreneurial Exchange (now Entrepreneurial Scotland) and has, among other things, delivered a TEDx talk in Indianapolis!

Lunch is also included so make sure you book your ticket for this AWESOME event now!

The Bootcamp is free for students and £10 for business owners.

Reserve your tickets on Eventbrite here.

Alison Hunter

Alison Hunter told St Andrews Business Club about her globetrotting career in finance. Pic: ASM Media & PR

Our March speaker was Alison Hunter. She is director in Scotland for ASC Finance for Business, a firm of commercial finance brokers established for more than 40 years and covering the whole of the UK.

Alison is a Chartered Accountant, having qualified with Touche Ross. She moved to Coopers and Lybrand and spent 4 years working in consulting in Russia. She also undertook projects from Azerbaijan to Sakhalin Island in the far east of Russia. Her next project was for a telecoms company in Kazakhstan helping to develop their finance and sales functions. This was followed by a spell with Siemens, Belgium running the telecoms export division to deliver telecoms infrastructure across sub-Saharan Africa, notably Mali and Kenya. She then moved on to Travelex to restructure their European and Middle East region. Alison then spent some time at London Business School on the Sloan Fellowship Program before joining Nutmeg.com as the Chief Operating Officer to help operate their online wealth management business.

ASC Finance for Business seeks to maintain a traditional personal relationship between bank manager and clients by spending time to understand each client’s situation and help identify the right finance for them. Communication is direct to an experienced Regional Director and not via call centres.

Julie Collier

Our February meeting will be held at 5.30 pm on Wednesday 11 February 2015 in premises of the Highland Chocolatier, 145 South Street, St Andrews.

Julie Collier, the Commercial Director will give a talk and demonstration on chocolate manufacturing. This may provide an opportunity to buy the ideal Valentines present!

The Highland Chocolatier produces artisan gourmet chocolates handmade by award winning Chocolatier Iain Burnett, in a 4 star tourist attraction specially designed chocolate kitchen. Highland Chocolatier provide top European chefs with gourmet chocolates of a quality unavailable elsewhere – set like a jewel in the heart of Highland Perthshire.

Kevin Grainger

Our next meeting will be held at 7.45 am for 8 am on Wednesday 3 December 2014 in the Alexander’s Restaurant at the Best Western Scores Hotel, St Andrews. The cost of the meeting will be £11 per person. As usual any guest who may be thinking of joining the Club will be welcome free of charge.

Our guest speaker will be Mr Kevin Grainger, founding member and ‘gatekeeper’ of the EOS Technology Investment Syndicate (“EOS”)

EOS is Scotland’s newest Angel Investment Syndicate which has been founded to provide seed equity funding to start-up, or early stage, science or technology businesses operating in a range of sectors such as software, renewables, bio-medical, oil and gas, marine, etc.

EOS holds 6 members meetings a year– all held in St Andrews on mid-week evenings – at which 2 or 3 carefully selected investment opportunities are presented out of dozens reviewed.

The members then make up their own minds as to whether they may, or may not, want to offer an investment to any of these businesses. If investments are offered, EOS then manages the whole investment process, along with Thorntons Law LLP, on behalf of the members.

The opportunities presented will usually offer significant tax benefits to the investors through the HMRC SEIS or EIS schemes. EOS was launched this summer and has now held two investment meetings at which 5 companies have presented. We are currently in the middle of our first investment offer.

Their next meeting in on Wednesday 10th December at 6pm in St Andrew – Guests are welcome but should register with Kevin Grainger on 07712526866 or Kevin@EOS-tech-investors.com

Ken Dalton

Ken Dalton, Chair of BID St Andrews, speaking to St Andrews Business Club, watched by (right) President, Ken Russell. Pic: ASM Media & PR.

Our guest speaker was Ken Dalton who spoke about St Andrews applying for Business Improvement Districts Scotland (BIDS) status.

Ken Dalton graduated in Environmental Engineering at the University of Strathclyde in 1970 and retired in 2011. Ken was Chief Executive of AECOM Europe a professional services consulting company with Architects/Engineers/ Transportation/Water and Environment designers.The business had 4,500 people in Europe with offices from Dublin to Moscow and was part of a Global company of 45,000 staff with HQ in Los Angeles.

Since retiring Ken is Chairman of Mardal the owners of the Adamson restaurant in town. He is also a non-executive of the Court of the University of St Andrews, Chair of BID St Andrews and Lord Dean of Guild of Edinburgh. Previous recent appointments include Master of the Merchant Company of Edinburgh, non-executive at the Royal Zoological Society of Scotland, and Renter Warden of the Worshipful Company of Plumbers in London.

Ken is married to Marge and they have two children Julie and Graham. His interests are music, theatre, art and bad golf.

Ken was accompanied by Viv Collie co-ordinator of the St Andrews BID project

Professor Matthias Klaes

Professor Matthias Klaes is thanked for his talk on crowdfunding in Europe by St Andrews Business Club President, Kenneth Russell. The meeting was held at the Best Western Score Hotel, St Andrews. Pic: ASM Media & PR

Professor Matthias Klaes, Dean of the School of Business and Professor of History and Philosophy of Economics at Dundee University, used the subject of his talk to the latest meeting of the St Andrews Business Club to amend the format of the meeting.

In line with his topic – “Crowdfunding: Disruptive Innovation or Old Wine in New Bottles?” – Professor Klaes first provided intellectual capital to his audience of members of the club and IoD Fife before receiving a dividend in return, in the form of feedback and views in the meeting at the Best Western Scores Hotel, St Andrews.

He presented the informal white paper “A Framework for European Crowdfunding” which is a colloborative exercise with other researchers in the EU. It details the origins of the novel web-based funding source, describes its many business models and poses questions about crucial topics such as regulation.

It was warmly received by the members, who asked questions on points of detail. Club President and 40-year Fellow of the IoD, Kenneth Russell, gave a vote of thanks before informal networking.

Robertson Collaborate Expansion

At a time when demand for knowledge of how to sell more of your product or service online has never been higher, Robertson Collaborate is delighted to announce its expansion. John Robertson joins as co-owner at the helm alongside fellow owner and St Andrews Business Club event regular and committee member, Catherine Robertson.

John is supporting businesses that are either promoting or selling a product or service online by creating strategic digital marketing growth plans. His client base is a mix of local and UK wide businesses. This service complements and deepens the firm’s existing offering of strategic marketing planning for growth businesses.  Robertson Collaborate works with a wide array of businesses across many sectors. Most recently Robertson Collaborate has been delighted to start working with an iconic St Andrews business – Jannettas. With the Jannettas brand compromising the ice cream Gelateria, café and Burns Sweet Shop and more there is much for Robertson Collaborate to get its teeth stuck into.

Prior to joining Robertson Collaborate, John was marketing director of one of the UK’s fastest growing online publishing businesses – brightsolid. Dundee born and bred and based in Newport-on-Tay for the last 16 years, John is also a non-executive director on the board of Marketing Edinburgh, the official destination marketing organisation dedicated to promoting Edinburgh to the world. For more information visit robertsoncollaborate.co.uk

15 Ways For Every Fife Business To Improve Their Copy And Increase Sales

My name is Andy Brown and my mission is to help local business owners in Fife attract a steady consistent stream of new clients.

Today I would like to offer some practical advice on how to improve your current marketing copy and as a result increase your sales.

Unfortunately the majority of business owners in St Andrews and Fife have never been exposed to ways in which they can quickly enhance their copy.

This isn’t their fault.

Firstly, it’s rare they have ever been on a copywriting course. Secondly, if they have ever employed a professional copywriter, it’s unlikely that they will have been told exactly why a specific block of copy was crafted the way in which it was.

Can you relate to this? If so, I’m hoping I can assist you in improving your existing copy and generating more leads and sales for you.

Learning to write compelling copy takes many years and to honest the lessons never stop. It would be impossible to even give you a copywriting 101 course in this article. I do believe though if you have previously written a sales letter, brochure, leaflet, postcard or a new page on your website, implementing the following 15 tips will improve your conversions and result in new business.

1. Write A Headline That Emotionally Hooks The Reader

Amazingly the headline often comes as an afterthought. Picture this, the Fife business owner is relieved at having finished their copy and quickly types the first headline that comes into their head. Now compare this to a professional copywriter who may spend as much time on their headline as they do on all the copy below it. It isn’t unusual for them to write  25 or more headlines, before deciding on the best one.

As a guideline I recommend you remember two key principles about headlines.

The first is to remember to include at least one benefit in your headline. This will hook the reader into wanting to read more because you have initially told them how they can benefit from reading on.

The second principle is to acknowledge that the only purpose of the your headline is to compel the reader to read the next line of copy below it. It doesn’t get anymore complicated than that. This is true for example, whether you are writing a sales letter or crafting a headline for a Google Adwords ad.

Finally if you’re stuck for a headline, keep it simple and ask a question. The use of questions can be some of the most compelling headlines you will ever read.

2. Always Write About The Benefits Of Your Product Or Service First

All too often businesses are too keen to start their copy with a full blown list of one product or service feature after another. This is tiresome for the reader because they will only truly about what you have to say once you have specifically told them how they will benefit from your offer.

3. Let Others Tell Your Story

Whilst you will endeavour to make the best attempt at telling your story, nothing beats the authenticity of a customer telling your story on your behalf. This type of storytelling can be in the form of text, images, audio or video. For example posting a testimonial in your copy with their full name and location, with hopefully a photo, will enhance the conversion of your copy.

4. Keep Your Sentences Short And Easy To Read

The best copy is one made up of short sentences and paragraphs. Writing business copy isn’t the time to use industry jargon. At all costs avoid saying anything that may confuse your reader. They will only spend the time to consume your copy if it’s a breeze to read.

5. Write In The Second Person

Never lose sight of the fact only one person will ever be reading your copy. It isn’t as if you are addressing a group of people. Your business copy represents a one on one conversation and it makes total sense to speak directly to the reader. Learn to include the words “you” and “your” in your copy so it’s clear you have the reader’s interest at heart.

I bet if you checked your existing copy now, you would be surprised at the number of times you have used the words “we” and “our”.

6. Make An Offer Your Readers Can Truly Not Resist

Everyday we are bombarded with lame offers. You only have to walk around your local supermarket to see row upon row of the 2 for 1 offers. It takes something special now to hook our attention. If your offer isn’t irresistible, don’t be surprised if it quickly gets overlooked! You know it you gut whether the offer is special, if it isn’t do not waste time writing about it.

7. Determine A Strong Call To Action

At the end of your copy you must ask your reader to take action. Simply including your telephone number and email address won’t drive the results you desire. You need to include one compelling call to action. You need to spell it out and include at least one benefit the reader will receive.

Do not paralyse your reader with too much choice. I like to stick with one call to action per piece of copy. If you are you guilty of having too many different calls to action, it’s time to concentrate the most important one.

8. Set A Deadline To Create Urgency

You know yourself how powerful deadlines are in motivating you to do something. It’s the same with your written copy, you need to put pressure on your reader to take action. If you don’t nothing will happen. This is the way we as human beings are wired and hence your copy should always include a deadline.

9. Keep Your Page Design Clean And Simple

Do you remember this quote?

“KISS – Keep It Simple, Stupid!”

This relates directly to how you should layout your marketing copy. A cluttered layout is hard to read . Keep it clean and simple. Use white space to make your copy easier to read.

I like to use dark text on a white background and use a different colour for headlines and sub headlines.

10. Limit The Distractions You Offer Your Reader

Posting your content on a normal web page that offers too many choices and distractions will make it difficult to compel your reader to take action you desire of them. Ideally your copy should be placed on a landing page that only gives the reader two options. One they can read the copy and take action or two they can leave the page.

11. Track Your Results Using Phone And Web Technologies

In this day and age there’s no excuse of being in the predicament that Henry Ford once commented on:

“I know only half of my advertising works. The problem is, I don’t know which half.”

It’s inexpensive to track inbound calls and free to use Google Analytics.

12. Generate Your Client Avatar Before Writing

You simply can’t market to everyone, this is too vague and untargetted. You should only market to your client avatar.

A client avatar is a detailed profile of ideal customer. You should take the time to write a full customer description including where they live and work, their gender and age, whether they are married, whether they have children, what sports and hobbies they enjoy, what frustrates them in life, what gives them pleasure, their dreams and aspirations.

Furthermore you need to describe how they do business with you, how you make their life easier and why they give you their business.  Finally you give them a name so as it’s easy to say “today I’m writing to John, instead of a sea of people I can’t relate to!”

13. Be Strategic And Write For Where Your Prospect Is In Your Sales Funnel

Having set up a sales funnel you need to acknowledge it may take sometime for someone to finally commit to and buy from you. Thus it’s important appreciate the purpose of your copy as your prospect moves along the funnel. Continue to question the calls ot action you asking your prospect to make. For example is it wise to ask them for the sale when ultimately you should be offering them a free trial so as you have their email to follow up with.

14. Enter The Conversation In Your Client’s Mind

Robert Collier once famously said:

“Enter into a conversation your prospect is already having.”

These words have stuck with me for a long time. Compare this to the actions you take at a cocktail party. When you first join a group of people I imagine you say something that relates to the current conversation, rather than starting a new one. This is the same approach you should take to your marketing.

15. Test, Test And Test Again!

Improving the conversion rate of your copy comes down to continually testing it. You will often hear the word “control” in marketing circles. This represents the best performing version of your copy. Learn to increases leads and sales by working on your “control”.

I recommend you only test one thing at a time, otherwise you won’t know what caused the improvement. Thus change the headline or the call to action, but not both at the same time.

 

Paul Miller

Our next meeting will be held at 5.30 pm on Wednesday 11th June 2014 at the Eden Brewery in Guardbridge.

The cost of the meeting will be £10 per person including any guests you may wish to bring.

Paul Miller, the owner of the brewery will give a presentation on its history and update you on their future expansion plans. This will be followed by a tour of the brewery with tastings.

There is also a shop offering beer, gin, whisky and various items of merchandise.

Eugene Clarke

You are hereby notified that the 64th Annual General Meeting of the Club will be held at 5.30pm on Wednesday 30th April 2014 in the Conservatory at the Scores Best Western Hotel, St Andrews. Please confirm if you and any guests will be attending no later than Friday 25th April 2014.

Following the AGM our guest speaker is Eugene Clarke and he will speak about how involvement in the Children’s Hearing Scotland system can be both rewarding and can help develop management skills.

Eugene is MD of People Growth Ltd which focusses on improving communication within businesses. He has served as a Children’s Panel member for some years and would like to counter some misconceptions about it and encourage other business people to become involved.

Eugene’s talk will be followed by canapés and wine and a chance to chat to fellow members.