Business

How Businesses Can Reduce the Impact of Unexpected Downtime

Unexpected downtime can affect any business, regardless of its size or industry. Whether caused by power outages, equipment failures, cyberattacks, or severe weather, interruptions can quickly lead to lost revenue, reduced productivity, and dissatisfied customers. While it may be impossible to eliminate every risk, businesses can take practical steps to minimise disruption and recover more quickly when problems arise.

By planning ahead and investing in the right solutions, organisations can improve resilience and keep operations running even when unexpected challenges occur....

Hidden costs that can eat up your small business profit

If you’re running a small business, chances are, you’re on a tight budget as it is.

Keeping track of all your business expenses is a key tactic in allocating your funds correctly and managing your finances successfully.

The life of an entrepreneur is hectic at best. Many small business owners get caught up in the process of managing everything on their own so they lose track of their spending or make poor decisions money-wise.

For example, they invest in tools they don’t need which end up eating a decent percent of their profits, or they fail to do proper...

How to get more customers in your cafe

Authored by Val Watson
Posted: Fri, 06/18/2021 - 7:09am

People love to explore new cafes which has led to new ones springing up on nearly every street corner. This has added to competition within the restaurant trade which means new cafe owners will need to overcome quite a few hurdles in order to establish a reliable customer base.

To operate efficiently and at the same time bring something new to the table is an absolute necessity if you want to stand out from your competition. To help you understand the key to achieving your goals and establishing yourself, we have come up with a few things you should try.

1. Promotions...

Pros and cons of buying Instagram followers in 2021 

Authored by David Banks
Posted: Thu, 06/17/2021 - 11:54am

]Instagram has recently surpassed the one billion mark and is considered the most rapidly growing social platform ever. It is also the fifth most downloaded app and is the second only to TikTok as of January 2021 in the app store. The growth of the platform has been steady and consistent and it is safe to expect it may go ahead from Facebook in popularity. Businesses on the other hand are in a constant struggle to find methods to cement their reputation and most of them end up buying followers! but the question is, whether they should buy followers to gain exposure or not? Here’s an...

Old Mill appoints Stephen Martin as new Senior Tax Adviser

Authored by Mary Youlden
Posted: Thu, 06/17/2021 - 11:01am

Exeter financial experts Old Mill have appointed experienced tax specialist Stephen Martin as Senior Tax Adviser. The 37-year-old has joined Old Mill’s tax team to help the firm realise its ambitious growth plans.

Stephen qualified as an ACA in 2008 and worked at Moore Stephens in London where he trained in the business tax team. During his 10 years at the firm, Stephen progressed through to associate director and worked primarily with owner-managed SMEs across the financial services, shipping, and hospitality sectors covering a wide range of sectors.

In 2016, Stephen...

What it’s like to be a woman entrepreneur in Exeter

Exeter is a promising destination for female entrepreneurs in the UK. The city has a bustling economy with a vibrant student population thanks to the University of Exeter and other tertiary institutions. Exeter is also a good destination for tourism business with thousands of visitors trooping into the city every week.

How women are changing the business scene

Female entrepreneurs in Exeter are blooming, and this article will focus on what they’re doing and the financial opportunities open to them. Learn more in this article about how business loans for women work.

Snezana...

Why will Bitcoin’s price keep rising in upcoming years?

Authored by David Banks
Posted: Thu, 06/17/2021 - 7:18am

After Bitcoin was created back in 2008 and managed to breach the market, most of the people that used it traded on the black market. At the time, nobody was familiar with how it operates and whether users are secure. After it was confirmed that Bitcoin has tons of advantages over regular payment methods and it is very secure, its network started rising at a very fast pace.

As of 2021, the network of this cryptocurrency counts over 5 million users, with thousands more joining with each passing day. Not only that, but Bitcoin is as valuable as gold as its price tag is currently...

IoD launches search for new South West chair

Authored by News Desk
Posted: Wed, 06/16/2021 - 9:16pm

The Institute of Directors (IoD) is recruiting a new chair to lead its South West region, as Muir Macdonald comes to the end of his term this Autumn.

The successful candidate will be the voice for regional directors, working alongside a dedicated team to forge connections between public, private and third sector directors.

The chair enables members to influence decision makers at the highest levels and oversees the delivery of regional events and professional development training.

The South West is one of the IoD’s largest regions with a diverse mix of members...

4 Ways to make your website stand out

In this day and age, it is entirely essential that your business has an exceptional website to its name. Without a strong web presence that is rooted in a strong website, you risk falling behind the competition and losing out on the opportunity to benefit from all that such a presence has to offer.

A strong web presence allows you to reach potential customers that you would not have otherwise had access to and demonstrate to those customers precisely what your business is all about. Via your website, you can take and process orders and keep customers apprised of the latest news...

Elsa Littlewood, EY

Exeter entrepreneurs named on shortlist for EY's Entrepreneur of the Year programme

Two Exeter-based entrepreneurs have been named on the shortlist for EY's Entrepreneur Of The Year programme.

Louise Morpeth, CEO of Brain-in-Hand Ltd and Paul Kilbride, CEO of Troy UK Ltd, are two of just thirteen entrepreneurs, from twelve South West and Wales-based businesses, through to the next stage of the programme. They join 124 UK-based entrepreneurs being recognised across four regions: London and the South East; North; Midlands and South West; and Scotland.

The finalists have been selected from a range of different sectors, including: technology; manufacturing;...

The Furniture Market's fleet of vehicles

Devon’s Lightfoot helps leading home furniture retailer cut van insurance claims by half

Chudleigh-based Lightfoot has helped The Furniture Market, one of the largest oak, French and modern furniture retailers in the UK, end instances of dangerous driving, cutting fleet insurance claims by half thanks to its trailblazing in-cab driver coaching technology and rewards platform.

Rolled out across its fleet of 16 Renault Master vans, Lightfoot’s dashboard-mounted device, combined with its rewards app, has curbed harsh acceleration, harsh breaking and harsh cornering, helping to lower the severity and frequency of accidents and resulting claims. In so doing, Lightfoot’s...

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