tootoot, an inspiration

Another month flies by as we make a run for Christmas having passed the half way point on 2019 and look back to check where the time has gone. Our favourite host MD Jason Roper reflected on the year to date in the same fashion before announcing plans for a new look MPG in 2020.
 
Having consulted MPG partners and members on the subject the new look MPG in 2020 will see bi-monthly events in a similar format as we currently see supported by a variety of other events and away days throughout the year so watch this space for more details as time draws closer.
 
Not for the first time this year we had the pleasure of hearing from one of the most respected tax experts in the UK, UHY Hacker Young Partner and MPG Co-founder Clive Gawthorpe to bring us his usual Property update. The subject of choice on this occasion was Accounting IARF 16 in which Clive made us aware of the need to capitalise any lease longer than year on your balance sheets and the effects of doing do, the consequence of not doing so and the tax relieve also associated. 
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For further information please contact Clive:- [email protected]
 
Next to the step us was our guest speaker this month Michael Brennan returning to speak to MPG for the second time in 18 months. Michael is an exceptional entrepreneur who was listed on the Forbes 30 Under 30 Europe List in 2018 having founded Tootoot with is friend Kieran Innes in 2013 after leaving university.
 
Initially launching the Tootoot app aimed at pupils as an anti-bullying reporting tool, Tootoot have since raised further funding to expand their vision into the workplace as an anonymous reporting tool. Initially backed by MPG Ambassador Terry Flannagan MBE with huge success, they have recently pushed for a further £500,000 of investment which has almost been achieved with just £80,000 up for grabs. 

Tootoot Founder Michael Brennan MPG July 2019

Michael was very keen to share the success of Tootoot with MPG and explain the growth they have seen since he last visited producing figures which were absolutely astonishing.
 
Since moving their app into the workplace they have had major success and been adopted by some large names, one example being Barclays. Their old process for employees to report consisted of an employee helpline costing £5 million per year to upkeep and when they did a survey less than 50% off all employees even knew the number existed. Moving to Tootoot has not only saved them a huge cost it also allows the employee an easier and more comfortable way of reporting. 
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To listen to Michael speak is always a pleasure, he even followed up with a question and answers session which brought even more positive point to light including a retention rate of over 70%. All in all the journey to date and the steps Tootoot have made in both education and the workplace are huge but beyond all inspirational.
 
Watch this space closely because don’t be surprised is one day in the no so distant future Tootoot is up there with some of the most recognisable brands and symbols in the world!
 
The winner of this month’s champagne draw sponsored by Landmark Development Solutions was first timer Jane Kirkham, with the meal for two at Albert’s going to Lee Longden, MPG Partner and MD of ABC Accounting Services.
 
We look forward to seeing you all at our next event taking place on Thursday 1st August when we will be joined by Carl Lomas MBC, Chairman of the Institute of Couriers, Author and MPG Ambassador.
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If you are not a member but are interested to get involved with MPG please contact us today [email protected] and we would be more than happy to provide information on our membership options and upcoming vents.
We look forward to seeing you all in August!!!