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Business Action | February / March 2020

February / March 2020 issue of the independent North Devon-based business magazine covering news about business and enterprise in Barnstaple, Bideford, Braunton, Chulmleigh, Combe Martin, Holsworthy, Ilfracombe, Lynmouth, Lynton, South Molton, Torrington, Woolacombe and more. This issue includes the Business Action Awards 2020, North Devon's independent business awards.

February / March 2020 issue of the independent North Devon-based business magazine covering news about business and enterprise in Barnstaple, Bideford, Braunton, Chulmleigh, Combe Martin, Holsworthy, Ilfracombe, Lynmouth, Lynton, South Molton, Torrington, Woolacombe and more.

This issue includes the Business Action Awards 2020, North Devon's independent business awards.

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Devon and Plymouth Chamber<br />

is hosting a free Access to<br />

Finance Fair on Wednesday<br />

25 <strong>March</strong> from 8am to 3pm at<br />

Dartington Hall, Totnes.<br />

Challenges of finance<br />

Accessing finance is one of<br />

the single largest issues facing<br />

ambitious businesses and<br />

social enterprises in the South<br />

West. And ensuring your business<br />

plans are ready to apply<br />

for investment successfully is<br />

often the biggest hurdle. The<br />

world of finance is complicated<br />

and often overwhelming.<br />

Event aims<br />

This event aims to unravel<br />

some of the complex routes<br />

to commercial investment<br />

through a series of educational<br />

and impartial seminars<br />

throughout the day, as well as<br />

information and advice from a<br />

wide range of exhibitors from<br />

across the finance and investment<br />

sectors.<br />

Event supporters<br />

The Heart of the South West<br />

Local Enterprise Partnership<br />

(HotSW LEP), Devon<br />

County Council, Plymouth<br />

City Council and the Devon<br />

and Plymouth Chamber of<br />

Commerce recognise the<br />

importance of accessing the<br />

right financial support and<br />

information and are all supporting<br />

this fair.<br />

New funding routes<br />

Historical funding routes have<br />

changed, with high street banks<br />

operating under new lending<br />

guidelines and new entrants<br />

offering a range of viable<br />

alternative options. However,<br />

the market can still be very<br />

confusing to businesses.<br />

SUPPORT<br />

Devon Chamber Access to Finance Fair<br />

As the percentage of businesses<br />

with appropriately<br />

qualified finance directors is<br />

small, it has been increasingly<br />

difficult for smaller growing<br />

businesses to identify appropriate<br />

sources of financial<br />

investment, with the financial<br />

articulation of requirements<br />

and projection of impact<br />

falling largely upon third<br />

parties, such as accountants.<br />

Event sponsors<br />

The event is sponsored by<br />

Western Union and run<br />

by Devon and Plymouth<br />

Chamber of Commerce and<br />

partners, who are providing a<br />

platform for key professionals<br />

from the finance, investment<br />

and accountancy sectors to<br />

educate and inform businesses<br />

on how to source finance in<br />

today’s economy.<br />

Exhibitors<br />

Exhibitors will include US<br />

global financial and communications<br />

company Western<br />

Union, which will be hosting<br />

a seminar; South West-based<br />

commercial finance broker<br />

Start Point Finance, which will<br />

also be presenting; Barclays,<br />

which provides a range of<br />

banking and financial services<br />

for businesses of all sizes;<br />

SWIG Finance, which provides<br />

viable SMEs and start-ups<br />

with access to finance through<br />

dedicated business loan funds<br />

in the South West; and Balance<br />

for <strong>Business</strong>, a Plymouthbased<br />

commercial financial<br />

broker which has sourced £200<br />

million for clients in the past<br />

five years.<br />

■■Entry to this event is free.<br />

Contact 01752 220471 or visit<br />

devonchamber.co.uk/events<br />

In response to feedback from<br />

North Devon members, Devon<br />

and Plymouth Chamber is<br />

hosting a series of six special<br />

skills and international trade<br />

training courses in Barnstaple.<br />

The courses will support<br />

businesses trading internationally<br />

or wanting to develop trade<br />

internationally and, accredited<br />

by the British Chambers of<br />

Commerce (BCC), cover the<br />

critical steps for any new or<br />

existing international trade.<br />

Courses and dates<br />

The courses scheduled are:<br />

➤➤Introduction to International<br />

Trade – 13 <strong>February</strong><br />

➤➤Customs Procedures and<br />

Export Documentation<br />

– 12 <strong>March</strong><br />

➤➤Incoterms <strong>2020</strong> – 30 April<br />

➤➤International Trade Payment<br />

Processes – 21 May<br />

➤➤Product Classification &<br />

Rules of Origin – 25 June<br />

➤➤Special Customs Procedures<br />

& Customs Audit Preparations<br />

–16 July<br />

Each course passed will be<br />

certificated and success in<br />

obtaining six credits will lead<br />

to a Foundation Award in<br />

International Trade, certified<br />

by BCC, which is equivalent to<br />

an NVQ2 qualification.<br />

Hobart Manufacturing<br />

The export training sessions<br />

are hosted by chamber member<br />

Hobart Manufacturing in its<br />

Barnstaple factory board room.<br />

International Trade Matters<br />

Training is provided by local<br />

independent company International<br />

Trade Matters.<br />

Who are these courses for?<br />

These courses will suit<br />

anyone involved in importing<br />

and exporting goods and<br />

services, arming you and your<br />

employees with the knowledge<br />

to trade internationally.<br />

The people who attend<br />

courses include owner/proprietors<br />

of small businesses who<br />

manage their own import and<br />

export services through to<br />

employees working in import/<br />

export departments in larger<br />

organisations. Some will attend<br />

all the courses, others just<br />

attend those relevant to their<br />

specific role.<br />

Training your staff to deliver<br />

your products or services right<br />

first time, every time, will lower<br />

your costs and improve the<br />

experience you deliver to your<br />

customers. Choosing an export<br />

training provider such as<br />

Devon and Plymouth Chamber<br />

of Commerce and International<br />

Trade Matters, who both<br />

understand about making a<br />

profit internationally, can really<br />

help your company take off in<br />

your export markets.<br />

Full details of Devon<br />

and Plymouth Chamber’s<br />

international trade training<br />

programme are available<br />

at devonchamber.co.uk/<br />

international-trade-trainingprogramme/<br />

■■Details 01752 220471 or<br />

devonchamber.co.uk<br />

@businessactionm | <strong>February</strong> / <strong>March</strong> <strong>2020</strong> | business action 21

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