-
Jen Whitfield is
feeling Excited with Nikki Eve WallisHi everyone
it’s been a while since I’ve made it on a call but I wanted to let you all know that fellow TPCer Nikki Wallis and I have just launched our brand new business Tea & Marketing!From being part of networking groups and business communities over the past year, we kept coming up against the same problem from entrepreneurs, founders and small business owners…
Marketing was this overwhelming, neverending, frustrating task that was taking people away from their actual passions and purpose. They were getting advice from all angles about what they ’should’ be doing, but most of it was just a diluted version of ’Big Business’ marketing advice and none of it took into account the human behind the business.
Tea & Marketing exists to bring a bit of calm, collectedness and focus back to your day – like a good cup of tea! We work as a drop-in marketing service to help problem solve or give you a bit of accountability and …
9 Comments-
We’re so grateful for the support we’ve had from the TPC team and community. Thank you. Looking forward to seeing everyone on the next Community Networking call
-
-
Thanks Ella 🙂
-
-
Oh this is absolutely excellent to see! Congrats Jen Whitfield and Nikki Eve Wallis – exciting times!!
-
Thank you so much Lexi!
-
Thanks Lexi! We’re really excited!
-
-
Hello, does anyone have any experience setting up a joint venture as a limited company. Especially where the new business is a subsidiary of the partners’ own existing limited companies?
We have been advised by our accountants that this is the best way to proceed but can’t find any information online.
Thanks in advance.
7 Comments-
hi Jen Whitfield – I set up a JV as a limited company in Singapore, under English law. It was an adtech company with a US adtech company (Adknowledge, where I was CEO) with a large Malaysian/ pan-Asian telco (Axiata). Axiata put in growth capital and Adknowledge put in an existing business for an 80:20 share split. The JV then licensed the tech from Adknowledge at an agreed rate. It worked well for several years, then Axiata bought out Adknowledge’s share.
Happy to chat if helpfu…
-
Hi Jen, really interesting question! Tagging some seasoned portfolio professionals who might be able to offer some words of wisdom Zarir 'Zed' Vakil, Alex Pitt, John Panczak, Vic Mistry, Ian Bessarabia, Rich Mills
-
Thanks Ella Bernie. Many years ago I worked for a biotech compamy and we did two seprate JV’s, one with Boots and the other with Air Products. The structure was very similar with the biotech company transferring around 25 people into the new JV, licensing certain technology on a FOC basis while our partner put in £3m in funding. Each JV was 50/50 and they both worked well, however you always need to think through what happens when the partners disagree, which they will at some point in t…
-
-
Hi Jen Whitfield – JVs have differing complexities. Assuming the commercials are agreed then this really is a matter for lawyers (agreements) and accountants ( finance and tax advice) . The phrasing of y§our question prompts me to ask if it is a merger or a JV and that can change a lot of things most importantly ownership. Let me know if you have a particular question, but if you trust your accountant I would go with their advice.
-
Thank you so much for your responses Ben Legg Zarir 'Zed' Vakil and John Panczak; it was more practical help I was looking for – I should have specified – around how the formation actually works. My business partner and I both have our own ltd companies (where we are businesses of 1), so understand that basic process, but we didn’t know if there were any additional complexities or requirements with it being a JV, and with it being a subsidary of our two businesses (i.e. the dire…
-
Jen Whitfield – can you make it to Pathfinder Check-In today @ 4pm? We can discuss there
-
-
One other thing to consider is TUPE if you end up with employees from each company working in the JV. It gets quite complicated and can lead to difficult conversations; there are also complications with control and disputes but, when done well, JVs are the best solution
-
-
Hi everyone,
I’ve had a really busy few weeks, and am missing my catch-ups with you all. I’m going to try to get on a few next week but then I’m travelling to Norfolk for a week to see family. Taking a conciously quiet month after that and hope to do a lot of Catapult during that time.
If anyone happens to live in Norfolk, UK and fancies a coffee, please get in touch…
1 Comment-
Sounds like a great idea Jen! Having a consciously quiet period can be so important and can really help with deep, reflective work like the stuff we go through on Catapult
-
…or feel free to check us out at https://www.teaandmarketing.co.uk if you want to know more.