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update<br />

Royal<br />

approval<br />

Haines Watts client Priyesh<br />

Patel, Managing Director<br />

of Cofresh Snack Foods,<br />

was made an MBE in<br />

the Queen’s New Year<br />

2017 Honours List for his<br />

contribution to exports<br />

and services to the economy<br />

in Leicestershire.<br />

Charity<br />

starts<br />

at home<br />

Haines Watts’ Herefordshire office decided to help<br />

children this Christmas by donating toys to Home-Start.<br />

Practice administrator Kim Hutton chose Home-Start<br />

Herefordshire because of the work they do with families<br />

in need of help and support. The team decided to forego<br />

the usual office Secret Santa and donate the toys instead.<br />

Every little helps<br />

A survey by American Express Small Business Services<br />

discovered that employees place more emphasis on praise<br />

from their boss (35%) over a bonus (20%). Those working<br />

for small businesses also appreciate recognition in the<br />

form of rewards, with vouchers, a free meal and a bottle of<br />

wine listed as the things they would most like to receive.<br />

Millennial<br />

matters<br />

Bring in billions<br />

Research has shown that SMEs in the UK’s<br />

top 10 cities are likely to contribute<br />

almost £217 billion per year to the<br />

country’s economy by 2020.<br />

Manchester and Leeds are<br />

predicted to see the largest<br />

rises in revenue in the five<br />

years from 2015 (15%),<br />

with Sheffield seeing the<br />

smallest revenue rise in<br />

the top 10 at 8%.<br />

Almost two fifths (39%) of Millennials would like to own<br />

their own business in the future, according to a recent<br />

survey. More than half of those polled (54%) cited flexible<br />

working hours as being the main driver behind their<br />

business-owning ambitions. There are marked differences<br />

between sectors, with 20% of young men looking to<br />

start their own technology firms, compared to just 2%<br />

of young women.<br />

18 magazine | Issue 47 | hwca.com

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