Small Business Network Muswell Hill Meeting Report May 2014

June 24, 2014 in Business Networking, Muswell Hill Meetings, Small Business, Small Business Advice, Small Business Networking by lizbygrave

The blazing sunshine was no barrier to networking this month!

Mary McIlroy was one of two new small business owners at the May Small Business Network meeting, held as usual at Sable D’Or in Muswell Hill. Mary is a psychotherapist and councillor, working mainly with those suffering anxiety or trauma or those with relationship problems.

The other new small business owner, Rosie Slosek, is an accounting coach, who ‘helps people do their own accounts’ when first setting up their new small businesses. She advises them on what records to keep, how to keep them, what can be claimed against tax, and so on. Rosie, who calls her business One Man Band Accounting, also helps people deal with chartered accountants and legal issues which arise when starting a new small business.

In all, 17 small business owners were prepared to forego the glorious sunshine to benefit from the networking opportunities provided by the Small Business Network. Tom Trainer and Joanne Clinton of Chartered Accountant Online were at their second meeting, promoting their business of offering an online tax return and accounts service. Joanne joined Tom, who started Chartered Accountant Online, as business development manager.

Other business service providers at the Small Business Network meeting included Philip Deja of Streathers Solicitors; Karen Tidsall of Interchange People Development, who helps small businessmen and women with leadership and management development; David Roth, whose North London IT Support helps many small businesses keep their computers running; accountant Michael Gainey, whose business N19 Accounting, specialises in helping sole traders and small companies; and Andrew Weigelt of Elite Mortgage Services, who can also offer help with private medical insurance for individuals or corporates, including health plans for the over 50s.

Nichola Coulthard, who deals with corporate HR issues, pointed out that even if small business owners employ one person part-time, they need to know about HR law and be able to put proper contracts and HR policies in place.

Regular attendees like Rina Patel, family law solicitor, Sarah Montgomery, who sells aloe vera products and is again looking for people who would like to earn extra money through Aloe Matters, alternative therapist Nathalie Roth, nutritional therapist Ella Owen and journalist, copywriter and editor Marcia MacLeod, whose magazine Your Allotment is approaching its third anniversary, all emphasised the benefits they get from networking at Small Business Network’s monthly meetings.

Those who stayed for this month’s talk, Small Businesses and the Law: Common Pitfalls and Pragmatic Solutions, given by Philip Deja, gained an insight into the most common legal issues which a small business is likely to meet, including incorporation as a limited company, seeking funding from banks or new shareholders, finding commercial premises, hiring & firing, and entering into important commercial contracts.

The next meeting willo be held on 16 June, again at Sable D’Or, Muswell Hill Broadway. Our 2pm activity will be Masterminding