Plan now to prosper in the future
July 4, 2023
A high-level panel event featuring two prominent North East business leaders, and led by Perspective (North East) Ltd alongside law firm Weightmans and RMT Accountants & Business Advisers, provided key insight for owners and managers around securing organisations’ long-term futures.
Learn lessons from your mistakes; understand the value of investor support; and never underestimate the importance of futureproofing your business.
Those were just three of many key take aways from a recent event, held by Perspective (North East) Ltd alongside Weightmans and RMT Accountants & Business Advisers, on securing organisations’ long-term futures.
Held at Gateshead’s PROTO building, the seminar – organised in association with North East Times Magazine – was attended by business owners from across the region and covered a raft of subjects, from succession planning and personal estate and wealth planning to shareholder protection, managing relationship breakdowns and key employee incentives.
Guests heard from Raman Sehgal, founder of pharmaceutical and biotechnology sector communications agency ramarketing, and Ben Quigley, executive chair at Newcastle integrated marketing agency Different Narrative.
Both regaled audience members with stories of their past, with Raman highlighting the milestone – and nervous – moments on ramarketing’s journey from Gateshead flat to international operator, with Ben, a former England and Wales chair of the Institute of Practitioners in Advertising, recounting his experiences of Different Narrative’s growth.
Further speakers included Trevor Clark, director of Perspective (North East) Ltd, who provided essential background information on shareholder protection.
Duncan Reid, partner in Weightmans LLP’s corporate team, and Louise Miller, partner in the firm’s wills, trusts and estates team, stressed the importance of the guidance provided by an experienced legal team, from set up to growth and development of a business.
And those in attendance also heard from Michael Cantwell, corporate finance director at RMT Accountants and Business Advisors, who addressed employee incentivisation and gave an insight into preparing an organisation for sale and company valuations.