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Franchise-esque business units will fuel Clock's growth

by Catherine Woods - Monday, 8th September 2008 -

Franchise-esque business units will fuel Clock's growth<br />

Syd Nadim’s been running his digital marketing agency, Clock, for nearly 11 years but is showing no signs of fatigue with exciting plans in the offing to develop the business in a way not dissimilar to franchising.

Clock, based in Hertfordshire, launched in November 2007 with funding from the Prince’s Trust. Nadim says: “We’re now a top 100 award winning agency that does a lot of work for organisations like the BBC, Channel Four and JD Wetherspoon. We also do lots of comedians' websites and we operate in the charity sector as well."

Nadim opened an office in London media hub Farringdon around six months ago and also has a presence in Shanghai. Commenting on his expansion plans, Nadim says: “I want to develop all my businesses within Clock further. I want to have groups of up to 30 people within a business unit. The unit can have a specific mandate – it might be skills-based – or be geographically where a group of guys can start up.

“They can have the help and support from a bigger group, go out and sell their stuff and be adventurous, but with a security blanket.”

Nadim employs 32 people although notes that number will increase as he's currently in recruitment mode. Clock turned over £1.7m last year and is forecast to post revenue of £2.5m this year.

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Lloyds TSB provides relief to SMEs

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How much do you need to retire?

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Interest rates cut to 1.5 per cent

By Catherine Woods - January 08, 2009 12:08pm GMT

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Brochures on Saving and investing

BUSINESS COMMENT >>

Valentine’s Day PR puff is starting already

By Catherine Woods - January 08, 2009 4:54pm GMT

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Do you have a moral compass?

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The future's not so bright

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The only thing going up in 2009, aside from unemployment, will be sales of antidepressants, says Professor Marvin Zonis

Depressing days and Dave's Big Idea.

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It comes as no surprise to me that today is considered the most stressful day of the year. I wonder if David Cameron feels the same after his big saving announcement?

Business Comment 

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