The Woking Asian Business Forum (WABF) has been formed to help promote, encourage and support the development of Asian businesses in the Borough of Woking and surrounding areas. The WABF is keen to ensure Asian businesses are successful and they explore opportunities within the mainstream business activities. Business networking, professional promotion of their services, and training are all encouraged and supported.
The WABF pays particular attention to the youth in the community by offering help and advice whenever possible. The WABF identifies Asian businesses with potential and provides them with the support services they need in order to develop and grow. Closer cooperation with agencies such as Business Link, SEEDA, Woking and Surrey Chamber of Commerce, Learning & Skills Council, Woking Borough Council and the local Asian business community all play an important part in this initiative.
Aims and Objectives
Main Aim
Help, promote, support and encourage the development of individuals in business through a holistic approach thereby ensuring that the broader family, cultural and educational needs are met.
Specific Aims
To create opportunities to promote and increase the Asian community’s economic success.
To make local services and developments more responsive to local needs by encouraging Asian businesses to diversify into mainstream businesses.
To increase community capacity for involvement into various programmes by becoming an advocate of the Asian community.
To provide focus and support in the community for women, youth and health. Key Objectives
To provide outreach work visiting local businesses informing them of the latest support and training available
To improve diversification and the cross-fertilisation of ideas and initiatives through an increase in Asian and non-Asian membership of the Forum
To identify Asian businesses with growth potential and help them achieve that potential
To run an advice clinic who wish to investigate and develop business ideas
Support
Spring 2017 Budget
The Chancellor delivered the last Spring Budget to deliver a “fair, stable and competitive” tax system and we attach our Budget Briefing which may be of interest to you.
Some key matters include:
Increases to the national insurance rates for the self-employed from April 2018.
A reduction to the dividend allowance from £5,000 to £2,000 from April 2018. This is aimed at director shareholders but will also affect investors in receipt of substantial dividends.
A relaxation to the timing of Making Tax Digital for smaller businesses with quarterly reporting postponed until April 2019 for businesses with turnover below the VAT threshold.
Start-up Woking
Start Up Woking is a free business support one-stop-shop for ambitious entrepreneurs and growing businesses.
Reinforced by a network of local professional organisations and expert advisors, Start Up Woking will help you to get the most out of your business ideas and current commercial activities.