Chequers Plan

The Chequers Plan is a potential agreement presented by the British Government on 12th July 2018. The purpose of the agreement is to retain certain areas of the pre-Brexit arrangements with the European Union and to ensure a smooth transition from EU dependency to Brexit independence.

In the table below, 4 of the main points of the Chequers Plan are outlined and compared to the current agreement applied through the UK’s EU membership.

 

Current Agreement

Chequers Plan


Free movement permitting UK and EU citizens to work, live and study freely in the UK and EU.
A mobility network terminates the free movement arrangement. In addition, it restricts citizens working, living and studying in the UK and the EU.

The restriction will require for EU citizens to apply to work and/or study in the UK, and vice versa.


Export and import of trade goods and agriculture between the member countries without tariffs and trade barriers.
A common rule book for all goods to secure the trade of goods and agriculture with EU member countries subject to the rules the British Government may choose to implement.

The regulations chosen by the British Government may have trading consequences.


A shared customs union, common agricultural policy and a common fisheries policy ensuring standardised quality and quantity control.
The UK will leave the customs union, common agricultural policy and the common fisheries policy to regain control over these areas, allowing the UK to set its own quotas and price levels.


The European Court of Justice interprets EU law and ensures that the laws are applied equally across all EU member states.
A joint institutional framework will be put in place to interpret UK-EU agreements. In the UK, this would be done by UK courts and, in the EU, this would be done by EU courts.

Any decisions by UK courts would need to take into account the EU laws affecting the Common Rule book.


 

In summary

The Chequers Plan is intended to provide the UK with an independent trade policy with freedom to implement its own tariffs and trade barriers independently of the EU’s laws. However, the UK will take steps to ensure continuous smooth trade between the UK and the EU by keeping a common rule book.

Further to this, The UK aims to take control over people entering the country to work and study, as well as restore the supremacy of British courts and end the European Court of Justice’s role in UK affairs. Lastly, it seeks to end the annual contributions paid to the EU and reduce these contributions to only be paid for joint actions in specific areas.

 

If you wish to look into the agreement with greater depth, the following links provide additional information and clarifications of the above:

The future relationship between The United Kingdom and The European Union’, published on 12th July 2018 on gov.uk.

What is the Chequers Deal? Theresa May’s contentious plan explained’ by Simon Rushton, published on 17th October 2018 on inews.co.uk.

What Is the Chequers Brexit Plan? Everything You Need To Know’ by George Bowden, published on 4th September 2018 on huffingtonpost.co.uk.

Chequers Brexit plan explained – what is Theresa May’s EU proposal and will MPs vote against it?’ by Tariq Tahir and Aletha Adu, published on 15th October 2018 on thesun.co.uk.

Why startups are flocking to Oslo

Oslo is fast becoming the place to be for tech startups, rivalling the more traditional Silicon Valley area as somewhere to make money and develop new products.

Once a city known for its maritime industry and rich oil reserves, Oslo is keeping up with the digital world by pushing innovation in cutting-edge tech. Indeed, according to last year’s State of the City report for Oslo, Norway’s capital saw an impressive 160% rise in startup investments in 2017, representing the largest rise in Scandinavia bar Sweden.

A move away from oil to eco-friendly tech

Oslo’s focused efforts on tech have in part been prompted by competition in the oil market. Low oil prices in Venezuela and the Middle East have had a significant effect on the sale of Norway’s primary export. In an effort to retain the country’s spot as the eighth wealthiest country in the world and to assuage the effects of climate change caused by the burning of fossil fuels, Norwegian leaders are turning to green tech.

This fits in with Norway’s recent commitment to sustainability. Currently, it is one of the only countries in the world to have introduced a carbon emissions tax, with the government offering a subsidy of 25% for fuel-efficient vehicles. In this way, Oslo is the perfect place for startups looking to make money while retaining their green credentials and helping to fight the ever-encroaching problem of climate change.

Socially-minded – the next big thing in the startup world

The question of how a startup will benefit society in general – as well as the customers it directly serves – is becoming an increasingly pressing issue for entrepreneurs everywhere. According to the State of City report, around 15% of tech investments in Norway in 2016 were tailored towards sustainability, demonstrating the attractiveness of green credentials to socially-minded investors.

A move away from Silicon Valley

Whether deciding to opt for Oslo or not, it is generally becoming accepted that Silicon Valley is no longer the mecca that it once was for tech entrepreneurs. Since 2014, the number of so-called ‘unicorns’ (startups valued at over $1bn) in the area has declined by almost 50%, with more popping up in Asia and Europe, particularly Nordic countries.

If you are looking at expanding your startup beyond your home market, you should talk to Goodwille. We have spent the past 20 years helping overseas businesses expand to the UK and have a large network of partners that can support international expansion to the UK and elsewhere in the world. Get in touch with us today for more information about how we can help your startup succeed in international markets.

How to become a successful networker

The value of networking is plain to see. It’s much easier to become successful yourself if you surround yourself with successful people.

However, the benefits of networking are easily wasted as people seek out relationships with purely selfish motives. Below are 3 tips on how to grow your network with mutually beneficial relationships.

Change your mindset

The real aim of networking is to offer help and provide value to other people. It’s easier to build lasting relationships when you help others accomplish their goals, rather than just informing them about yours. Of course, it would be great if they could put in a good word here and there and help you achieve your goals, but asking for favours should only become an option after you have provided something of value to them.

Be discerning with your time

Every now and again, most of us will feel a prang of motivation and go on a networking binge. We set up new social networking accounts, email everyone we can think of and seek out new contacts at events. It’s fine to act on this networking inspiration, but trying to be everywhere at once will result in you being spread far too thin, never-mind also wearing you out. By taking on too much, you’re not going to be able to provide people with the attention they deserve. If you’re at a networking event and constantly on your phone checking LinkedIn, then you’re probably not focused on anyone.

Instead of trying to be everything for everyone, focus on being more things and of greater value to fewer people. Remember that you don’t need to have a relationship with everybody, you just need to have a relationship with the right people. When it comes to the net-worth of your network, certainly quality is more important than quality.

Connect with your current network

We usually think of networking as connecting with new people, but reigniting and strengthening relationships with existing contacts can be just as productive. Look through your contacts and think about the people you already have a relationship with. You already know their skill sets, the problems they face, you may even know the names of their children! Think about the value you could provide to them and the benefits they could provide for you. Having an existing relationship means you’re already one step ahead.

Don’t think your network in the UK is big enough? We have spent the past 20 years building a network of businesses and professionals supporting foreign businesses in the UK and are happy to make you part of the community. Sign up to our newsletter and tick the box that you want to receive invitations to our events to get opportunities to work on those newly acquired networking skills and grow your network with friendly and helpful people.

Nordic Startup Awards announces Goodwille as a strategic UK partner

Press release 3 October 2018.

Clever Nordic businesses have spent the past five years battling it out to be crowned the Nordic Startup Awards, Startup of the Year. The Nordic Startup Awards maps, connects, promotes and celebrates the Nordic startup ecosystem, across all five countries, internally in the region as well as to the rest of the world.

NSAwards are excited to announce Goodwille as their strategic UK based Nordic Partner. Goodwille, whose roots are firmly tied to the Nordic countries have helped hundreds of tech businesses, including regional & national finalists of the Nordic Startup Awards, enter the UK market.

Kim Balle, Co-Founder & CEO of the Nordic Startup Awards says “It’s exciting to have Goodwille onboard as a Nordic Partner. Goodwille have an unrivalled track record of helping Nordic businesses with their expansion to the UK, and their experience will prove invaluable to our entrants and finalists”.

Nordic businesses often look to the UK when expanding outside of the region for the first time, and Goodwille have shared their vast experiences at London Tech Week, Oslo Innovation Week & later this year, SLUSH.

James Service, Marketing Manager of Goodwille says “We’ve been working closely with the Nordic startup scene for over two decades. This partnerships with the Nordic Startup Awards cements our position as the market leader in helping businesses from the Nordic region with their expansion to the UK.”

Over 2,500 companies were nominated for the Nordic Startup Awards in 2018, and the regional finalists received tens of thousands of nominations from across the Nordic countries.

With the five regional finals drawing to a close, the regional winners will battle it out at The Grand Finale in Copenhagen on the 30th October to win one of thirteen awards, including Founder of the Year, Best Accelerator or Incubator & Startup of the Year.

Press Contacts

Kim Balle, Co-Founder & CEO, Nordic Startup Awards
kim@globalstartupawards.com

James Service, Marketing Manager, Goodwille
james.service@goodwille.com

We’re recruiting – Financial Controller

Goodwille is a forward-thinking, ambitious company dedicated to providing foreign businesses with the kind of professional services required to establish themselves and flourish in the UK. These include Corporate Legal, Finance, People Management, Payroll & Virtual Offices.

We are currently looking for an aspiring finance professional, preferably fluent in a Nordic language, to join our talented Finance team as a Financial Controller.

You will be responsible for
• your own portfolio of international clients
• day-to-day financial control support to your clients
• producing a number of weekly, monthly, quarterly and yearly reports on behalf of your clients
• control over cash flow, preparation of accounts for audits, assist accountants with year-end work, and compile VAT returns and EC Sales Lists
• some task supervision but this is a hands on role with you being responsible for maintaining quality standards

Reporting to the Senior Financial Controller and primarily working with your colleagues in the Finance team, you will also find yourself liaising with all other departments, such as HR, Payroll and Company Secretarial departments on a regular basis, attending frequent team, company and client meetings.

Having, or working towards, an accountancy qualification is a prerequisite, as well as the kind of excellent communication and customer focus skills that will allow you to explain financial information to the team and, more importantly, your clients at all levels. An excellent working knowledge of accounting software and Microsoft office (particularly excel) are essential. International or cross border experience would be an advantage.

In joining us, you will become part of a modern, forward-thinking and inclusive organisation, capable of offering a stimulating environment in which to accelerate your career in finance and accounting.

This is your chance to join #TeamGoodwille – check us out on Instagram. When you join Goodwille you get access to a whole range of employee benefits, all designed to ensure an enjoyable work/life balance. Some benefits for all employees include:

  • Office fruit every week
  • Employee perks, rewards & benefits including discounts on supermarkets (Sainsbury’s, Tesco etc.) high street stores (Topshop, John Lewis etc.) & gyms
  • Complimentary phone insurance, as we know how important it is to stay connected
  • Access to the well-being & lifestyle platform, including eating advice, exercise routines and yoga videos
  • Generous social budget for team lunches, parties and for you to hang out with colleagues.

Job type: Permanent, full time
Location: Kensington, West London
Salary: Depending on experience/skill set

If you like the sound of this vacancy and all the features and benefits you get by being part of a team like Goodwille, then please contact kevin.rutter@goodwille.com.
www.goodwille.com

A Good Deed – Running for Charity

Running for a Good Cause.

On 14 October 2018, The Royal Parks Half Marathon takes place in London. The race takes runners on a stunning tour through London; past some of the capital’s world-famous landmarks and through four of London’s eight Royal Parks – Hyde Park, The Green Park, St James’s Park and Kensington Gardens.

Running The Royal Parks Half Marathon is not only a good way to do some sightseeing of our beautiful capital, but it’s also the perfect occasion to run for a good cause and raise money for charity!

We are running for our company charity MicroLoan Foundation. MicroLoan Foundation is a UK-based charity that empowers women in sub-Saharan to work their way out of poverty. Through small loans, business training and ongoing guidance, these women learn to build businesses capable of sustained success. By giving hope and not handouts, MicroLoan provides the poorest women in sub-Saharan Africa with the tools and skills needed to move towards financial sustainability and to become self-sufficient.

Help us raise money for MicroLoan! Do a Good Deed and donate to our cause on our donation page. The money you help us raise will provide more loans and business training to women living in sub-Saharan Africa.

Interested in reading more about how Goodwille support charities and the activities we undertake to raise money for good causes? Check out our Charity Page.

Welcome to Goodwille’s Coffee Morning

On Friday 28 September, Goodwille is taking part in the World’s Biggest Coffee morning by hosting Macmillan Coffee Mornings in both our offices. Join us for a fundraising event that both tastes and feels good!

The World’s Biggest Coffee Morning is a fundraising event for people facing cancer taking place all over the UK on 28 September 2018. All donations on the day are made to Macmillan Cancer Support, and last year the event raised over £27 million! We want to do our part and beat that number this year and therefore open up the doors to our offices to anyone who wants to help us raise money for cancer!

What you can expect from Goodwille’s Coffee Morning:

First of all, lots of good cakes! Some of them will be home-made, some might be from one of the amazing coffee shops we have around the corner. What is for certain is that there will be a selection of cakes to suit every taste. Make sure to get here early though, we’re not saving the best for last!

For every coffee (or tea) and cake you try on the day, you donate a desired amount to our Coffee Morning Fund.  We will also host bake&cake related games where you donate to take part and the lucky winner gets a prize! Everything raised by the end of the day goes directly to Macmillan Cancer Support.

Help us raise money to beat cancer – join us for delicious cake(s), coffee and fun games between 10am and 2pm on 28 September. Pop in for a chat with our friendly colleagues, judge our baking skills and start your weekend the best way possible together with us! Clients, partners, friends and strangers – everyone is welcome to our Coffee Morning! Hope to see you in one of the Goodwille offices in London or Warwick (see addresses below).

Date: 28 September 2018
Time: 10am – 2pm

Goodwille London
St James House
13 Kensington Square
London W8 5HD

Goodwille Warwick
1 Chapel Street
Warwick CV34 4HL

Warmly welcome!
/ Team Goodwille

Changes to Childcare Vouchers

There will be changes to childcare vouchers from 4 October this year. The government’s decision to close the childcare voucher scheme was announced in March 2018, and following a 6-month extension of the scheme, as of now the Childcare Voucher scheme is due to close to new entrants on 4 October. This means you need to make sure to join a childcare voucher scheme on or before this date to offer your employees childcare vouchers as an attractive employee benefit.

Childcare vouchers

Childcare vouchers are an employee benefit offered by employers to help with approved childcare costs, for example a staff nursery. Employees can take up to £55 a week of their wages as childcare vouchers, which they don’t pay tax or National Insurance on. Per year, this adds up to around £1,000 that each parent can save on childcare costs. For businesses – offering childcare vouchers instead of offering to cover childcare costs for your employees can save the company up to £402 per year per parent.

Changes to childcare vouchers

On 4 October 2018, childcare voucher schemes will close to new applicants. This means that employers who want to offer their employees childcare vouchers as an employee benefit must join a childcare voucher scheme and have the relevant salary sacrifice arrangements in place before the first payday before this date. For employers paying their employees by the end of each month, it means that you have to join a scheme and make arrangement with your employees before you run your September payroll.

The changes only apply to new applicants, and will not have an effect on companies and employees already registered on a scheme. Employees of companies who join the childcare voucher scheme before 4 October can keep getting vouchers as long as they stay with the same employer and the employer continues to run the scheme, and they don’t take an unpaid career break of longer than a year.

Offering benefit schemes such as childcare vouchers is a way to attract employees, as it can cover living costs without incurring any tax for the employee. It can also save your business money, so it’s worth having a look at joining a childcare voucher scheme now before it is too late!

Goodwille can guide you through the changes to childcare vouchers and the effects this might have on you, your employees and your business. We can also help you with joining a childcare voucher scheme, and other employee benefit schemes, as well as give instructions on what YOU can do to put pressure on the government to keep the childcare voucher scheme.
Get in touch with us today if you want to know more.

Oslo Innovation Week 2018

Oslo Innovation Week is getting closer and so is our event The world is ready for Norwegian tech (but are you ready fore the world?)! Join us at Oslo House of Innovation on 25 September for all the tips and advice you need to take your tech business to the next level! We have a great lineup of speakers covering everything tech startups need to know to conquer the world – from hiring for scale-up and winning PR tricks, to raising investment and getting up to speed quickly in new markets. And speaking of speakers, we have some great news to share!

We are happy and excited to announce that we have added Alliance Venture to the list of speakers at the event! Being the leading early stage investor in Norway, Alliance Ventures bring insights on what’s cooking on the Norwegian tech scene, opportunity in international markets (and where to go) and what to think about when raising investment for your startup. A great addition to the mix of advice on how to make a Norwegian startup an international success that startups attending the event can expect!

Tickets are free for tech businesses but you need to sign up to attend. Click HERE to get to the event sign up.

About the event

The event targets Norwegian Tech businesses that are ready to expand  to international markets. It will be an interactive seminar with speakers responsible for helping some of Norway’s fastest growing tech businesses tap in to & scale up in international markets, providing you with all the insights you need to take the big leap. We will also hear the success story of a Norwegian startup and advice from someone who has done the full journey and succeeded.

The seminar is followed by a networking session where you will get the chance to mingle with the speakers, like-minded entrepreneurs, people and businesses that have already made the journey, as well as experts that can advice you on what to think about when taking your businesses onto the international arena. We will also offer 1-2-1 sessions with all speakers for those interested!

Speakers

360 Leaders – Learn about the importance of building the right company culture and getting the right people when going from startup to scaleup and expanding into new areas. 360 Leaders is a market-leading executive search firm that provides leadership talent to the world’s most innovative tech companies, including Apple, Facebook, iZettle and Schibsted Media Group.

Alliance Venture – Scaling your business and expanding to new markets can be costly. Venture Capital firm Alliance Venture is the leading early stage investor in Norway that invest in tech companies with global potential and work with them to expand internationally. They will talk about the exciting tech scene in Norway and how to leverage that in international markets, what they as investors see as the hottest tech right now and what they look for in companies they invest in.

Deliberate PR – As a small, Nordic business ready to take on the world, you need to showcase to potential investors, strategic partners, employees, and users what makes you unique and scalable. Deliberate PR helps Nordic startups make the news with creative strategies and clever news themes. They will speak about how you can use news to your advantage and show examples of how they have created PR campaigns that helped Nordic startups succeed around the world.

No Isolation – With the help of Deliberate PR, Norwegian startup No Isolation made a huge buzz in the media as part of their UK launch campaign. They will share their amazing story and the decision to expand internationally early on, and provide both inspiration and advice on expanding abroad from Norway.

Goodwille & Escalon – The co-hosts of the event! Together we’ve helped businesses from Norway expand into the UK & US markets for decades. We will share our insights and tips on how to get to market quickly, and the opportunities in the UK and US markets for Norwegian businesses.

Events details
Date: Tuesday 25 September 2018
Time: 10am-1pm
Location: Oslo House of Innovation (OHOI), 4th floor, Skippergata 22, 0154 Sentrum, Oslo, Norway
Tickets: Grab your ticket HERE!

About Oslo Innovation Week

Oslo Innovation Week is an annual happening inviting people from all around the world to Norway’s capital city for conferences, talks, pitching, workshops and networking with like-minded, change-driven corporates, entrepreneurs, startups and organisations. 2018’s edition in the 13th Oslo Innovation Week around, this year held between 24-28 September. Oslo Innovation Week is owned by the City of Oslo and Innovation Norway, with Oslo Business Region as project manager. Check out the full programme for OIW 2018 on oiw.no/.

What are the advantages of international expansion?

The benefits of expanding operations into overseas markets are not reserved only for large corporations. Small businesses can tap into them as well, as long as the necessary planning is in place and a patient approach is taken. Particular attention will need to be paid to cultural differences that could necessitate alterations to the ways you do business, but the benefits are there to be seized. Here are some of the key advantages of international expansion.

Untapped markets

Your company may offer services or products that are not available in some parts of the world, where demand is consequently very high. If you expand your operation into markets such as these, you can attract a hungry new customer base with minimum threat of immediate competition. You may even find the nation’s government sweetens the pot with incentives for expanding into their territory, because you’ll help boost their economy and create jobs.

Positive business climate

Other countries may offer superior economic conditions to your own. Recessions or restrictive policies from governments make it hard to turn a profit, and expansion into an area not affected by these things can offer a prosperous alternative. In essence, a new nation could offer a more ‘business-friendly’ economic climate, with advantages like lower taxes or less stringent environmental regulations.

Increased exposure

International expansion increases a business’s exposure, helping to create a global footprint. This can lead to greater brand recognition across the world, and potentially facilitate further expansion in the future. This can also help you gain more respect from customers and businesses in your domestic market as they’re more likely to view you as a major player in your industry.

Breathing new life into your business

It is not only a thriving business that can grow through international expansion; entering overseas markets can help rejuvenate a struggling enterprise. If you are operating in a saturated domestic market, or your market share is shrinking, you may find new outlets for your services or products in a different country. If you depend on certain resources or demands that are in short supply in your home country, you may be able to find exactly what you need overseas.

Goodwille have helped overseas businesses expand into the UK for over 20 years. We have experience helping business with everything from setting up a UK company and ensuring compliance with UK employment law, to help with introducing you to our expensive and international network and bridging any business culture gap. If you want to know more about how we can help your business expand internationally; to the UK or elsewhere, contact us at Goodwille and we’ll tell you more.