On the 16th November 2016, our esteemed Consultant and Entrepreneur Renold Tang, delivered the third session in our annual Small Business Clinic seminar series. The seminar entitled: “Basic Business Taxes and Personal Taxes in the UK”, saw Renold discuss a range of useful tax issues for business owners: from ‘basic tax rates and schemes’ to ‘where to get advice on tax matters’, before sharing his own extensive experience as a Fellow Chartered Accountant and businessman with staff and students interested in starting their own businesses at the University of Southampton.
Despite the number of participants being slightly lower than expected, the seminar received superb feedback from its attendees, with an overall rating of 89.5% for “Relevance of Topic”, “Quality of Presenter”, “Quality of Venue”, and “Would like to attend further seminars”. The SBC team are delighted to have received confirmation that their 3-part seminar series has successfully provided attendees with some basic yet very powerful knowledge regarding taxes, national insurance and pensions, crucial for starting a small business. The SBC team would like to thank its attendees for coming and they hope that they will share information about this invaluable service with colleagues and peers…
All feedback received was extremely positive, with comments such as:
- “Very helpful and informative”;
- “Would love to join other activities of SBC in the future”;
The Small Business Clinic aims to help University of Southampton staff and students to take the next step in advancing their businesses. We welcome you to book an appointment to receive initial business advice at one of our FREE monthly small business clinics. Please visit our website: https://sotonsmallbusinessclinic.wordpress.com/ for more details on how to book a private appointment with our business advisor, or e-mail us at firstname.lastname@example.org.
Like last year, our first and second seminars in the Small Business Clinic (SBC) series (held on 02/11/2016) attracted a good mix of both staff and students. Nearly 110 tickets were sold in total. Prof Martin Broad, the Head of Southampton Business School, gave wonderful opening remarks for our first seminar, and our special guest young entrepreneur Hugh Gaffney-Dodd who graduates from the University of Southampton this year, shared his own experience of starting up a business with the help of the SBC.
Due to the high level of interest in the seminars and volume of Q&A’s, our Clinic Consultant and Entrepreneur Renold Tang had to condense the contents of his presentation to our audience. Renold’s lecture briefly covered topics ranging from ‘different types of business vehicles’ and ‘important clauses to include in a shareholders agreement,’ to ‘the sacrifice and self-discipline required to start a business’.
We have received many comments from our audience, most of which have been very complimentary. We would appreciate any further constructive comments which will allow us to improve on the future quality of our seminars. Planning for this type of presentation is tricky; comments on the shortage of time and audience members desiring more information on certain topics, are common. The main message we wish to deliver is, starting a business is far more complex than one would expect, and the SBC is here to help! Renold is now available for one-to-one appointments for the rest of the academic year.
Overall, both seminars received high ratings from attendees regarding “Relevance of topic”, “Quality of presenter”, “Quality of Venue”, and “Would like to attend further seminars”. The first seminar received a rating of 84% and the second seminar received a rating of 76%.
The majority of feedback was extremely positive, with comments such as:
“Very informative, comprehensive, and enjoyable”
“Useful knowledge on how to run a business”
“Amazing to have a real life example of someone who has started off at University and now run his own business”
“Very knowledgeable presenters with concise and straightforward way of speaking”
We also appreciate contrasting constructive comments, which we will use to enhance our future seminars where appropriate:
“There are no overview and structure at the beginning of seminar”
“Q&A sessions could be longer” & “More case study might be helpful”
“The young entrepreneur should present more on how he put his business idea into practice”
Some comments may be consulted during our one-to-one sessions (clinics):
“Would like to learn more about the comparison among different business vehicles”
“More knowledge about how to set up a business at the beginning”
Renold will return for Part 3 of the Seminar series (“Basic Business Taxes and Personal Taxes in the UK”) next Wednesday 16th November 2016, 2-4pm at Building 44, room 1041, Highfield Campus. The seminar will be suitable for University of Southampton students and staff who are serious about starting their own businesses.
Topics to be covered in brief on 16 November 2016:
Income tax for individuals
Capital gains tax
Inheritance tax (IHT)
National insurance (NIC)
Places are limited; to attend, please sign up at:
The Small Business Clinic is run throughout the academic year by a voluntary group of Law and Business students with the support of a local firm of Chartered Accountants offering FREE initial advice on a range of issues to include all aspects of general, legal and tax compliance matters relating to running a business in the UK.
Our planned Clinic dates for the 2016/2017 year are*:
9th November 2016 (Highfield)
7th December 2016 (Highfield)
11th January 2017 (Highfield)
1st February 2017 (Highfield)
1st March 2017 (Highfield)
29th March 2017 (Highfield)
Seminars: 2nd November 2016 16th November 2016
Clinics in Building 4 room 1027: 9th November 2016 7th December 2016 4th January 2017 1st February 2017 1st March 2017
To book a 1-on-1 appointment with our consultant, please e-mail us at smallbusinessclinic [at] soton.ac.uk
Please use your University email account when contacting us.
*All dates are subjected to demand and may change. Clinics are for students and staff of the University of Southampton only.
*On any clinic day, we offer the following appointments; 1230; 1305; 1340; 1415; 1450 1525; 1600 and 1635. Please specify your preferred month and time in your initial email to us. We will do our very best to accommodate your preference however, due to a high demand, this may not always be possible.
The Small Business Clinic has completed another successful year! Throughout the academic year of 2015/2016, we have:
- hosted 6 clinics in Highfield campus
- provided professional advice on business and taxation to 54 clients
- delivered 3 business seminars, attended by 250 people
- received largely positive feedback from our clients and audiences, with an overall rating of 91.5%
We would like to take this opportunity to thank all the staff and student volunteers of the SBC for making 2015/16 a success, especially consultant Renold Tang for his exceptional dedication to the clinic and the clients. We would also like to thank all our clients, and wish them all the success in their future endeavours!
We look forward to helping more entrepreneurs next semester!
Unfortunately, we have no scheduled clinic dates for the rest of the 2015/16 academic year. We will resume our clinic service in the next academic year (2016/17), in November 2016. Please check this space for updates, or register your interest with us by e-mailing us at sbclinic [at] soton.ac.uk; we will contact you once new dates are available.
Our last Clinic for the 2015/2016 academic year was held on 9th of March and served 12 clients and reached an overall evaluation rate of nearly 88% overall.
Here are some of our clients’ comments:
- “The service is very professional and highly informational.”
- “Very generous offer to meet with me again once business plan is more detailed.”
- “Very useful conversation.”
Treatment by staff and quality of service reached 90%, followed by quality of service and clarity of advice (87%). Feedback on privacy reached 86% and information about the service reached 83%.
A huge thanks goes to all our clients who have kindly provided us with feedback – we aim to keep improving our performance for the clinics that will be organized in the next academic year (2016/2017).
Our February 2016 clinic has broken the record of number of clients attended the clinic with 17 appointments were served and achieved the high rate of nearly 92% overall.
Here are some of our clients’ comments:
- “Quality of advice was superb. The advisor has put in touch with a great contact already in the industry, an invaluable resource. Thank you.”
- “The advice was very very useful to me to the right direction. Very high quality help that’s hard to get elsewhere as a student.”
- “I would like to once again thank you for the insight you gave me in the session and will defined be recommending it.”
- “Thanks so much for your message and for providing the recap – I’ve been really bowled over by your generosity and knowledge.”
Treatment by staff reached the highest quality of 96%, following by privacy (95%), and clarity of advice (94%). Other feedback on quality of advice, quality of service and information about the service approximately reached the rate of 90%.
Thanks to all clients who have provided us with feedback- we aim to keep improving our performance for the next clinic on 9th March 2016, which is the last clinic for the 2015/2016 academic year.
We are now accepting bookings for our next clinic on the 10th February 2016 (Wednesday). The clinic will be held in Building 4/1025 (Highfield), and will run from 12.30pm – 17.10pm (with each client receiving a private timeslot of 35 minutes).
To book a private appointment with our business advisor, please e-mail us at sbclinic [at] soton.ac.uk, with your name as the subject.