Frequently Asked Questions (FAQ's) for Virtual Office Internships
FAQ's for our ‘virtual-office’ internships
Commissions for Interns
How to Apply
Fund Raising Core Advertising Sponsorship Business Company Philosophy
City-of-london.com is a start-up UK Digital Financial Sponsorship & Advertising Medium owned by a new UK registered company, Showcase City of London’s Financial Services Ltd.
To build a powerful UK Digital Financial Sponsorship & Advertising Medium. To Showcase City of London’s Financial Services Companies.
The UK government aims to help double the UK’s exports to £1 trillion by 2020. We aim to help by promoting City of London’s Financial Services Companies in the leading & emerging markets using powerful Digital Financial Sponsorships.
Specifically, to help build a UK Digital Financial Sponsorship & Advertising Medium.
Our ambitious & exciting objectives need capital, hard work, energies, ideas & skills with fun & personal satisfactions to boot. Help us achieve our goals & share in our successes!
* Potential of future paid employment
* Learn about entrepreneurship * Grass roots work experience * 5% commission on investment introduced to crowdcube.com * 20% commission for introductions leading to advertising sales * 10% ongoing commissions when 'your advertising client' renews in Year 2, Year 3 ... * LDL, best UK sales training for committed sales people * LDL Outsell Your Competition Book for all sales people – priceless! * CV enhancement * Sixth form School Credits * New friends & building contact network with other enterprising individuals * Internship Certificates on completion * References at the end of the Internship * Potential of Intern work experience with future City of London’s clients * Helping to build a powerful Global Digital Financial Advertising Medium (in partnership with Major
Financial Data & Media Companies) is a very exciting opportunity for Interns.
Hard work, sound plans, great ideas, tight management & adequate capital are the recipe for success.
Showcasing City of London’s Financial Services Companies sits comfortably with the objective to build a UK Financial Sponsorship & Advertising Medium. The UK is a trading nation, heavily dependent on exports, particularly Financial Services. This is another exciting area for Interns. With the turmoil & uncertainty of the Eurozone, the emerging countries beckon. India is poised to become the 4th largest economy by 2022. Grant Thornton's 2010 Emerging Markets Opportunity Index ranked Mexico fourth behind China, India and Russia. Brazil is now the 7th largest economy of the world having recently overtaken the UK. Help us contribute, in some part, to UK Government’s aims to double the UK’s exports to £1 trillion by 2020. Is that not an exciting challenge?
‘Virtual office’ Internships are business training opportunities conducted from your own residence.
Promoting our Crowdcube Fund Raising is the TOP priority Sourcing Potential Advertisers Promoting Internships on Facebook & Twitter Promoting city-of-london.com via Facebook, Twitter, LinkedIN Writing & Sourcing quality content for our website Desk research to build advertising sales databases
Fund raising for the 1st & 2nd stages is the most important priority.
GB was once the world leader in business & industry. We believe GB can regain its position at the forefront. The UK government is determined to remain one of the top countries for ease of doing business, by providing more support for British businesses to export their goods and services, and reducing corporation tax to competitive levels.
(Source 12 December 2012 gov.uk Lord Green of Hurstpierpoint Minister of State for Trade & Investment). The UK government aims to help double the UK’s exports to £1 trillion by 2020. We aim to contribute. Commissions for Interns
Our fund raising plans will be live soon on Crowdcube.com. No investments can be made before we go live on Crowdcube. However, now is the time to start working on a sales strategy to earn 5% commissions on fund raising. The first step is read & learn as much as possible about our company. Understand our plans, our
business, our goals, our fund raising plans. Email us with any questions which are not answered
by this FAQ. In particular, learn about the generous 1st stage tax breaks offered by the UK
Government through their new SEIS scheme. Then approach ‘suitable’ sales prospects such as your Dad, your Mam, Uncle, friend’s Dad,
Girl friend’s Dad, Your Aunt, Your Grand Aunt & so on. Lift every stone! Don’t forget to emulate the best salespeople in the world – children! – they never stop asking for the order... Daddy may I have an icecream. Daddy... Note that your prospects need to be ‘sophisticated’ investors who understand investment risks. 1st stage investment is risky but the rewards are greatest. You must point out the risks but do
mention the generous SEIS tax breaks! you will be ready to ‘close’ the sale when the business plans & video are live on Crowdcube.com. Once you have ‘closed’ the sale, your investor then needs to confirm his intended investment in our
company through the Crowdcube.com. You then need to email us with your investor’s name, the sum invested & your invoice to us for your 5% commission of this intended investment. After due diligence by Crowdcube.com, your investor will be required to pay his declared intended investment. Crowdcube.com then deduct their fees & pays our company the balance. We then check your invoice against the investments made & pay you within 7 days. If, by chance, we received 2 invoices claiming commission for the same investor then only the 1st invoice received will be paid! Good luck! Go for it.
Yes. Joint up with a friend or friends to make the pitch using the approach outlined above. When you have closed the sale send us one invoice for the 5% commission. On this invoice show amount due & address for each person involved – adding up to the 5% due.
SEIS Tax Breaks We are also offering to companies through Crowdcube Rewards Facility £2,000 worth of advertising for a £5,000 investment! Shares in a potentially powerful Global Financial Advertising Medium at ‘early stage’ prices. What a fantastic package to sell!
The 1st step is read & learn as much as possible about our company. Understand our plans, our business, our goals, our fund raising plans. The 2nd step is to source contacts in Financial Service Companies. All contacts are valuable particularly ad managers, decision makers or influential people. Ask your
school friends, ask your relatives, ask your girl friends! The 3rd step is to inform us of the web address of the prospective client whereupon we will register your ‘claim’ to this company. The 4th step is discover what they need, what would benefit their business, what new services are they offering, how they acquire new clients. Only by asking questions can opportunities be revealed. Selling is all about matching. Matching the prospective client’s needs to our Sponsorship products. We will help you close the sales whereupon the 20% commission will be yours. Average sale likely to be in the region of £3,000 pa. Your sales success will be noted. How to Apply
Before applying, please read ALL the Internship web pages including the FAQ, so that you are completely familiar with the opportunities. The next step is to record your agreement with our ‘Terms & Conditions’ Click here to Apply
I. Fast broadband
II. Email account
III. Interest in hard work
IV. Positive attitude Fund Raising
Yes, it is. But as world goes digital so do we! Even the Financial Times announced a Digital-first strategy in January 2013. Launching a ‘new’ UK Financial Sponsorship & Media before the Internet would have been unthinkable. However, with the world famous brand “City of London Financial Services” we can go global! Paradigms have shifted, with Global Branding opportunities now available on the internet. Burgeoning digital & mobile opportunities beckon & the way forward is clear!
There will be 2 fund raising stages: 1st Stage £100,000 seed capital funding on crowdcube.com in April 2013. The Seed Enterprise Investment Scheme (SEIS) was launched 6 April 2012 by George Osborne, UK Government’s Chancellor, to stimulate entrepreneurship & kick start the economy. We plan to have SEIS Advance Assurance from HMRC for SEIS tax breaks which have been described by Lord Young, the Government’s enterprise adviser as “very generous”. 2st Stage £500,000 funding on crowdcube.com in September 2013. We plan to have EIS Advance Assurance from HMRC for EIS tax breaks. Relief can be claimed up to a maximum of £1,000,000 invested in such shares, giving a maximum tax reduction in any one year of £300,000 providing you have sufficient Income Tax liability to cover it.
Crowdcube.com gives the UK's entrepreneurs and business pioneers a new way to raise business finance
by tapping into a 'crowd' of like-minded individuals willing to invest smaller amounts of cash
in exchange for rewards and a stake in their business. Crowd funding is just one of the new measures introduced by the UK Government to kick start the
economy & stimulate entrepreneurship. The Seed Enterprise Investment Scheme (SEIS), launched 6 April 2012 by George Osborne, offers fantastic tax breaks to approved Crowdcube.com fund raising clients. Core Advertising Sponsorship Business Yes, Peter Dodds, our joint MD, has extensive media advertising experience with Ogilvy & Mather (London & Melbourne), Berry Currie Advertising(Later Doyle Dane Bernbach) & Dorlands
(Saatchi & Saatchi). Following this solid media grounding, he went on to establish three successful media buying companies in the UK, Australia & Sweden. He reckons to have had the personal responsibility the media planning & buying volume of several £billion of advertising at today’s prices. Click here for the advertising clients handled by Peter’s independent media buying companies. Digital Financial Sponsorships & Advertising. Sponsorship is universally recognised as one of the most powerful forms of advertising. Please view a sponsorship example at www.city-of-london.com/law-firms-entrepreneur-services There are currently 350 pages available for sponsorship at a price of £2,500 pa per category. This will rise to over 1,000 in the next 12 months.
UK Online Digital Sponsorship & Advertising Market - a £5 billion pa Digital advertising markets. Digital advertising captured a 25% share of all UK Advertising & continues to increase at 12.6%pa.
The 2012 UK online advertising market was in excess of £5 billion pa. £1 in every £4 of marketing budget is now spent online. We aim to be serious player. (Source: IAB - Internet Advertising Bureau/PWC 2011 online advertising total of £4.784 billion)
In Year 2 once the website content has been expanded, & once brand awareness & traffic have been increased.
We place the utmost importance on sales. If you are interested in sales, we will help with the best sales training in the UK via LDL. Company Philosophy Financially very tightly with laser beam focus on maximising sales & minimising overheads.
Yes. The company will operate on a ‘virtual office’ basis until Stage 2 financing is completed. However, we will have a desk in the Google Campus 4-5 Bonhill St London EC2A 4BX near Silicon Roundabout.
Confucius says - water finds its own way down the mountain! We say – advertisers buy what they need, so ask what they need! To ask is to sell! Confucius may have said – secret of success is to do simple things well – our guiding principle!
Our Aims – that you Gain valuable business experience. Enjoy the business experience. Earn commissions from fund raising & advertising sales successes. Gain paid employment as a result of your hard work & success. In turn, we will give you every possible assistance to help you become successful. You will be treated with respect, courtesy & good manners at times. General Content is king. Interns’ work on the supply of quality content coupled with their social media (facebook, twitter, linkedIn) promotion of the website will help build traffic. Powerful Search Engine Optimisation (SEO) campaigns will not only add to traffic volumes but will also increase the value of the Sponsorships. A vital role! We aim to link up with the mobile whiz kid startups of Silicon Roundabout to develop leading
edge mobile advertising campaigns for Financial Advertisers. Silicon Roundabout is London’s answer to Silicon Valley. David Cameron recently announced an investment of £50m in a "visionary project" to regenerate the Old Street roundabout at the heart of east London's "Tech City cluster". Absolutely Yes. All Military personnel are most welcome. Discipline is a vital ingredient for business success. Patriotism & discipline is a powerful mix. 9 months. In December 2013, paid job offers will be made to successful ‘virtual office’ Interns. We suggest 12 hours per week. Of course, the harder you work the more successful you will be. Achievements will be rewarded. Paid jobs will be offered to successful interns after the completion of Round 2 fund raising. You can still continue your internship. Achievements are more important than hours. Success in sourcing advertising & investment contacts will be valuable for you. Successful completion of Round 1 & 2 Fund Raising is the key priority. Once this is achieved, the successful interns will then be offered paid positions in the company. Development of the website, website promotion & advertising sales are also important whilst funds are being raised. £100,000 Round 1 funding £500,000 Round 2 funding Yes, we value all experience & interest. Yes, definitely. Your experience would be greatly valued. Very much so. Your knowledge would be most valuable & welcomed. Yes, we would welcome your contribution. Our ongoing commissions would be most beneficial for you. Yes, Very much so! Advertising is at the heart of our business. Clients buy ideas. Success will be shared. Without doubt. This is a very important area for us. The potential is massive. Definitely, PR will be an important marketing tool for us. Yes! Again a very important area for our company. Think financial advertising! Enthusiastic, positive, hard working achievers with interests in some or all of the following: entrepreneurialism, advertising, financial services, sales, writing, research, internet, facebook, twitter, linkedIn & mobile. Definitely, there is a lot of potential for you. Everything - this would not affect your participation in any way. If you are interested in telephone sales to qualified prospects we would offer guidance & training. Other opportunities include content writing, desk research, internet research plus facebook , twitter, linkedIn & mobile promotions. Online video Advertising is one of the most powerful forms of digital advertising so we would be most interested to hear from you. Our core advertising strength is Digital Sponsorships. Microsites fit neatly with Digital Sponsorships. Yes! You are probably a very ‘organised’ person so your skills are most valuable. Researching & building databases for the sales people might suit you. Writing articles might be another area for you. Yes! We would be delighted to hear from you as there may be synergies we can develop together. Without doubt! Personal contacts at Lloyds & in City’s Financial Companies are most valuable. Yes! Spreading the word is a valuable services you can render the company. Yes! Clients buy ideas so sales could be for you. Any new ideas for digital & mobile financial advertising would also be mutually beneficial. A – Yes! Selling is the key to business success. Every sale made will result in a 20% commission. Sales training will be the best in the UK. Yes, this is a very important area. Yes, very definitely. This is an important area of marketing for us. Yes, please do. 1 + 1 = 3 whilst not good maths, indicates the power of synergy. Absolutely yes, everything starts with ideas. Advertisers buy ideas. Bring them on! Yes. This is a core skill that we need. Introduction Terms & Conditions - 1st step in the Application Process How to Apply - 2nd step in the Application Process