Family business dimension in place

Family and place

Family owned firms are critical to your place.  Imaging loosing just under half your retailers, restaurants and hotels from your place. Statistics highlight the impact of family businesses on these sectors. According to the IFB 85% of all private businesses in the UK are family owned. 46% of all those employed in retail and wholesale work for family firms. Family owned hotel and restaurant businesses also account for 46% of the total employment in that sector.

How the ‘family business’ is lost in place consultations

It’s simple. Family businesses are involved in consultations but they are identified as retailers, hoteliers, restaurateurs or wholesalers.  Numerous academic papers acknowledge that family businesses do have an impact on regional planning.  They argue that the regional impact of family business may be down to a combination of the embeddedness of the family firm in their community and the role personal relationships play in local networks .

The academic argument on family business impact

Academic papers show that network roles and choices made by individuals within family businesses are different to those in non-family business.  This is because family firms have a social and emotional attachment to their place, which is referred to as ‘socioemotional wealth’.  Those with high socioemotional wealth tend have more positive impacts on their local community than non-family firms.  In some cases family firms may value socioemotional wealth over financial performance.  It should be noted that there is some evidence that this commitment to place, above financial reward, is not exclusive to family business. But family connection to place plays a key part in this decision .

The emphasis of public sector support for regional development on quantifiable measures such as GVA  can identify the impact family firms have on place.  However at times this may be overlooking the long term value of socioemotional wealth to that place.

Practical steps to ensure the longevity of family firms

Several organisations such as the Family Business Network and Family Business United celebrate the best of family businesses regionally and nationally.  There are also others who work on supporting the successful transfer of a family business from one generation to another. Be the Business offer various levels of support or family businesses and are working on  next generational family business workshops.  Thomas Jardine & Co work with the Family Business Network and Be the Business and would be happy to put you in touch with either of these great organisations.

Bring place and family closer together

When making plans for the business sector in your place, please do not just focus on the standard industrial sectors.  Consider the generational firms based in your place.  Support them and encourage the birth of new family businesses in your place.  Successful businesses that are based in a place will look after that place for generations to come.

 


Dynamic Cumbria producer’s collective unveils new brand

This is Cumbria

The ‘This is Cumbria’ collective has this week launched a new brandmark that will represent the forward-thinking group of businesses at a national event next April. The brand has been launched as the collective make a final call for Cumbrian producers and craftspeople to join them at their inaugural event, the Farm Shop & Deli Show at the NEC 8-10 April 2019.

The initiative was formed earlier this year with an aim to create a ‘big impact’ destination stand that could position the very best of Cumbrian food, drink and produce in front of thousands of key buyers. With much of the space already booked, just four trade stands are remaining. Come and join the likes of Hawkshead Relish , Ginger Bakers, Kin Vodka, Tray Bakes, Kendal Mint Liquor and Shed1 Distillery.

Show Case

‘This is Cumbria’ are also offering a number of affordable ‘Show Case’ stands to developing businesses that are new to national trade shows. Keith Jackson one of the co-organisers from Carlisle-based Thomas Jardine & Co, said “Cumbria is full to the brim with creative people who all share a common bond – they are all inspired by Cumbria to create exceptional things, which comes through in our newly unveiled brand identity.

“We wanted to offer those businesses who are first-time trade show exhibitors an introductory opportunity which requires a lower investment of cash and time than a regular stand would, with the added benefit of extra support through event training and participation in promotional collateral. We’d encourage any businesses that may be interested to get in touch for a chat about what we can offer.”

For businesses taking full trade stands at the event, ‘This is Cumbria’ are also offering a number of unique benefits which include pre-show PR and social media build up, inclusion within a dedicated booklet and a drinks reception hosted by celebrity chef, Nigel Barden.

Sue Howorth of The Family Business network said “We’re delighted to support this exciting initiative that offers growing businesses a platform and a voice outside of Cumbria. I can’t think of a better opportunity for those looking to reach a national audience or to raise their brand awareness.”

Contacts

The Farm Shop & Deli Show takes place at the NEC from 8-10th April 2019. For more information or if you are interested in joining the growing collective that is ‘This is Cumbria’, contact Keith Jackson on hello@thomasjardineandco.co.uk or visit the facebook page @ThisisCumbria


Local food : where’s it been..where’s it going?

first published in Speciality Food

Is local food the answer for speciality food retailers? Speciality food businesses have to find the balance between representing their food place and encouraging food innovation. Local food makes sense, it brings the food maker and the food consumer closer together. But buying 100% local food would cripple innovation because if we all bought locally, food businesses couldn’t grow by exporting to new areas.

Where’s local food been?

Back in 2012 the CPRE Field to Fork reports warned us that the larger retailers were seriously damaging the local food networks. This was around about the time that the local food movement started to go mainstream and away from activist groups such as Tescopoly.

Today ‘local food’ captures a broad spectrum of food consumers from purists with close definitions of ‘local’ to pragmatists who want the best possible food from the closest possible producer. Local purists can set a specific ‘local’ distance ( in the CPRE report this was 30 miles) the issue with this is a rural area can have lots of producers but very few consumers leaving these producers with a limited market space. One solution is to define local by region or country, so for instance Welsh food opens up the local Welsh market to all the major towns and cities in Wales. The issue with the regional local definition is that a food producer in Hereford is closer to Cardiff than a producer in North Wales but not local as they are English…

Where’s local food now?

Within the mixed definitions of local, the IGD believes that local sourcing fits well into the modern supply chain for FMCG. This is because local suppliers tend to be trusted more by consumers, they can offer a more resilient local supply chain, they are increasingly adopting technology that supports a local supply chain and they offer a transparent and traceable solution. This goes to explain the increased interest in the local food supply chain. So the trade protectionism currently rising under Trump in America may be the reason for what the IFT describes as ‘New Nationalism’ with USA food shoppers increasingly favouring regional cuisine. Or it may be that US consumers are looking to local producers to replace giant food producers/retailers with whom they have lost faith. Similarly, the Food Navigator argues that the growing consumer preference for local food prevalent in Germany and the UK is because consumers hunt down small batch runs from producers who can supply exactly what they need from taste, nutrition, allergens etc.

Where’s local food going?

So local food which was the domain of the specialist food store is increasingly going to become part of the grocery mainstream. This is not a threat to specialist food retailers but an opportunity. Local is open for interpretation by the consumer not by the retailer, so it is up to us as local food suppliers to educate the next generation that local can mean both the small localised specialist and the large regional producers who have kept hold of their food provenance.

Good specialist food retailers already know the best regional / national food producers and should have a solid supply chain relationship with them. Good specialist food retailers are also aware of up and coming local producers who they can nurture and encourage. By supporting established and new food producers the independent food retailers can keep control of the local food supply chain. We (Thomas Jardine & Co) have found most local/regional food producers are increasingly preferring a good local supply chain to the alternative of supplying the multiples.

The future of food retailing is ensuring consumer trust in the product you are selling and the local food agenda is part of this…happy retailing


Innovate and save the world

New food producers

It’s a strange old world. We (Thomas Jardine & Co) have worked with two relatively new food producers in the last couple of months who at first glance have nothing in common BUT are actually part of a growing food movement. The first, Bakes and Balls is run by a retired school master Stephen Hall and focuses on producing energy balls that are vegan, gluten free and nut free. The second is a still lemonade created by a seven year old schoolgirl called Molly Rose. The link between these two is their connection to the growing need for food with a social impact.

Stephens product clearly meets the needs of several diets and he also sources his ingredients as ethically as possible. Molly is a wonderful young girl. She has a very good business head on her shoulder (supported by her mum). Molly is determined to share the profits of her endeavours with less fortunate children.  They have already arranged the first run of bottles and will be ready for market this year. Provenance is important to these two up and coming food makers.  What is equally important is the social impact their products have.

Food Provenance

In the speciality food market food provenance has always been important. The growing debate over global warming , sustainable food supply chains and food poverty has meant that the social impact of food manufacturing is becoming equally important to a number of our consumers.

Political movements are ensuring that food and drink consumers are becoming more socially aware of the impact their purchases have. Globally the Barilla Center for Food and Nutrition has shown that food that is good for you is also good for the planet and they are taking this argument to a summit in New York in September. So expect a further movement towards fruit and vegetables and away from red meat.

As with the two food producers I mentioned, there is now a move to ‘balance’ healthy eating and treats With today’s “betterment” consumer trend, people are wanting to indulge while still maintaining a “healthy” lifestyle

Food Consumers

Every consumer segment will want socially aware food and drink. A fine example of a healthier treat is Philippa and Simon Guest new Little Cook Box aimed directly at the younger consumer , which was discussed recently in Produce Business UK This move to creating healthier food is not a passing fad for smaller food businesses, Nestle are refocusing their image away from confectionery towards a brand that is ‘fit for the future’ supplying future consumer needs based on health and sustainability.

So when looking at your foods provenance it may well be worth capturing the social story behind the food maker as well.


Living with Amazon and thriving in times of change.

Not a day goes by without news of the rise of Amazon and the demise of the rest of us.

Commentators are eager to talk up the future of online shopping and the fall of the traditional food markets with everything from the corner shop to the giant supermarkets falling prey to this global phenomena.

It is true that Amazon are soaking up the repeat purchases required for our hectic lives but to do this they are slowly encouraging generic solutions . It’s not a short step from Alexa I need my branded muesli to Alexa please send me Amazon Muesli…

The good news is that speciality food is growing in popularity. In an article in the USA ‘Food Dive’ online food blog they referred to a Mintel report that showed speciality food sales in the USA had grown 9 times as fast as other food and now accounted for 15.8% of the USA retail food market. The article went on to demonstrate that speciality food was not now just for the gourmet speciality retailers.

The same is true in the UK , the next generation of consumers have more interest in experiences than brands. Increasingly all consumers are looking for forms of personalisation of their food. This could be health related (gluten free, sugar free), ethically related (vegan, palm oil free) or trend related (superfoods, new flavours or ingredients from local or international places).

The traditional grocery markets dominated by the supermarkets relied on being the trends setters, controlling supply chains that delivered established brands. They are now under attack from online sources such as Amazon who can undercut on brand price and commodity price. They are also facing discounters who up until now, by avoiding focus on brands, have managed to undercut on commodity price.

In this time of change, the large UK supermarket retailers are trying to find their place in the new grocery market and Amazon is trying to buy its way in (already got Whole Foods and rumoured to be looking at one of our UK supermarkets) So what are the choices for the fine food sector in the UK?

It’s the same as its always been. Protect your provenance, keep up with new trends, know your customers and your suppliers. Be the best at what you do and never fight the giant retailers (including Amazon) on their terms.

Again from the USA, in the words of Robin McNamara of Roche Bros (a 20 store operator in Massachusetts) “We are always on the hunt for unique items, and doing the best we can to stay ahead of what’s trending in flavors and concepts, as well as specific categories.”

In the UK we have a growing fine food sector full of truly entrepreneurial ideas. We were fortunate enough to spend some time with Maria Whitehead of Hawkshead Relish this week and saw her Black Garlic Ketchup been bottled. This ketchup has now won numerous national awards and is just one example of the vast array of superb fine food ideas out there. So we as the fine food retailers can bring products like this to an increasingly discerning consumer as they turn their backs on the mass produced brand focused food market of the previous century.

Happy retailing….

Keith & Jacqui Jackson Thomas Jardine & Co https://www.thomasjardineandco.co.uk/ email:hello@thomasjardineandco.co.uk


Cumbrian food producers get set to stand together at Farm Shop & Deli Show

Cumbrian Food and Drink

Our county’s vibrant and diverse food & drink scene has made Cumbria a must-visit destination for foodies in recent years. Local food festivals and farmers markets have flourished as a result but now a group of innovative food & drink producers want to join forces to take Cumbria’s finest to the national stage at the NEC Farm and Deli Show in April 2019.

The seed was sown at this year’s Farm Shop & Deli Show in April when a small number of Cumbria-based food & drink businesses exhibited their produce to an audience of 30,000 trade buyers over 3 days. Despite their independent successes, they noticed the gathering crowds of buyers at the large county and regional stands and the idea of the ‘This is Cumbria’ initiative was born!

This is Cumbria

With collective efforts from Jacqui and Keith Jackson at Thomas Jardine & Co, who specialise in generational food businesses and food entrepreneurs and Sue Howorth from The Family Business Network Ltd, the project has been launched to offer trade stand space and sponsorship opportunities. Speaking about the initiative, Keith Jackson said “Maria from Hawkshead Relish and Lisa from Gingerbakers has secured the best location for our ‘This is Cumbria’ stand adjacent to the Live Stage to help us to create a real buzz and curiosity around the produce, but also to offer a unique one stop shop for buyers, retailers, distributers and suppliers to come and experience a taste of Cumbria”.

Already working closely with many Cumbrian food and drink business through The Family Business Network, Sue Howorth commented “The ‘This is Cumbria’ stand represents great value and a one-off opportunity for those new to the world of exhibitions or for businesses with tight marketing budgets to sell more products nationally or internationally. We are offering a range of stand sizes from shared space which is ideal for first-timers, to larger stands for the more established”. Other incentives for joining the Cumbria stand will include the sharing of logistics and travel costs, collecting buying power for show sundries, plus the use of a dedicated central meeting space within the stand for exhibitors to meet and talk with potential customers and trade press.

Maria Whitehead MBE of Hawkshead Relish plans to hold a Masterclass prior to the Show to offer advice and support to fellow Cumbrian exhibitors on how to get the best from the show. Speaking from experience, she commented “This is the sector’s leading event and it brings together over 450 exhibitors which attracts thousands of key buyers from the food and drink retail market over the three days. It gives us a brilliant opportunity to launch new products, generate new sales leads, network and meet with existing clients and to generate some good PR coverage. We hope that this unique opportunity will encourage local businesses to join us and exhibit next year alongside like-minded Cumbria producers”.

The Farm Shop & Deli Show takes place at the NEC from 8-10th April 2019. If you are a Cumbria-based food or drink producer and are interested in reserving trade space, please contact our ‘This is Cumbria’ project coordinators, Keith and Jacqui Jackson via email hello@thomasjardineandco.co.uk. The team are also inviting businesses to join the venture as a Sponsor of the ‘This is Cumbria’ stand.

More information about the 2019 Farm Shop and Deli Show can be found at www.farmshopanddelishow.co.uk


A City Network, Food and Drink Producers, Family Business, Entrepreneurs and Place…one example

The wonderful Shepherds Inn (possibly offering us the best beef in a sandwich at a business lunch ever) in Carlisle, hosted the most recent Carlisle Ambassadors event this time it showcased food in and around the City.

Bruce and Luke’s Handcrafted Coffee in conversation with Armstrong Watson

Speakers as diverse as Grasmere Gingerbread; Peter Sidwell; The Taste Magazine from CN Group; the Northwest Hospitality Show and Carlisle City Council all offered a flavour of how the food sector both impacts and relies on the area in which it is based.

Around the room we had displays from some of our great Food and Drink producers from relatively new businesses such as the Carlisle Living Award winning COM-FOR-T, to the long established trans-generational Pioneer Food Services.

By bringing together the diverse membership of the Ambassadors with Food and Drink businesses from across our area, it offered the members a taste of some of the fine products available from Lakeland Mues Muesli, Carlisle Brewery’s fine collection of ales, Two White Hats seasoning mixes, Grasmere Gingerbread, biscuits from COM-FOR-T, sausages from Pioneer, rhubarb crumble gin from Solway Spirits, to scones made with fresh herbs from Helens Herbs and many more. It also gave the members an opportunity to think about how important this sector is to the City.

The food sector not only offers long term employment from transgenerational family firms, whether this is from the smaller food producer with a global reach such as Grasmere Gingerbread, who at over a 170 years has an impressive array of international customers or Pioneer Foods at almost 150 years old that plays an essential part in the food supply chain across the City, SW Scotland and the North of England. The food sector also encourages the growth of innovative new businesses either rural (Lakeland Mues), urban (COM-FOR-T), Carlisle based (Carlisle Brewery) or from across the border (Solway Spirits).

From our stand we (Thomas Jardine & Co) asked attendees how they could either support this sector, or as a Food and Drink producer, what type of support they wanted from other businesses. The answers were illuminating and we will share these at another time, perhaps for now you could ask yourself the same questions…either as a non-food business what could you do for Food and Drink Producers near you, or as a Food and Drink Producer, what could you gain (or want) from working with businesses or experts near to you? Any thoughts please tweet us @thomasjardineco or email: hello@thomasjardineandco.co.uk