Business

Accrual Accounting: Why Your Business Might Need it More than You Think

For many business owners, especially those starting out, accounting is an afterthought. Revenue goes in, expenses go out, and the hope is that there’s something left at the end. But as companies grow, the need for accurate financial insight becomes not just helpful—it becomes essential. That’s where accrual accounting comes into play.

While cash-based accounting might work for freelancers or micro-businesses, accrual accounting offers a far more complete and forward-looking picture of your company’s financial health. In fact, many mid-sized and large enterprises are legally...

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Liv Butler

Liv Butler

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Twelve Awwads

Inaugural Twelve Awards To Celebrate Southwest Business Growth

Hot on the heels of the NatWest Regional Growth Tracker survey, which reveals that output growth in the Southwest has reached a 28-month high, the inaugural Twelve Awards 2024 are set to celebrate the businesses and individuals driving this remarkable progress.

With the shortlist now finalised, tickets are on sale for the black-tie event on 5th December at the Exeter Golf and Country Club. This first-ever awards event is poised to become a seasonal highlight, bringing together leaders and changemakers from across the Southwest.

The finalists for the twelve categories have...

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FlexiSpot E9: Ergonomic Desks of the Future

Authored by Simon Wells
Posted: Thu, 11/07/2024 - 5:05pm

For many years, FlexiSpot has been acknowledged as a pioneer in ergonomic solutions, continuously producing cutting-edge furniture to improve the comfort and health of work environments. Once again, FlexiSpot is establishing the benchmark for ergonomic office design with the launch of their newest product, the E9 Standing Desk. This post will go over the main characteristics of the FlexiSpot E9 and how it can change the way you operate. Additionally, FlexiSpot is having up to 90% off deals due to Black Friday, which makes this the ideal opportunity to update your workspace.

The...

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Top 5 Challenges in Property Management and How to Overcome Them

Authored by Liv Butler
Posted: Mon, 11/04/2024 - 8:58pm

Property management is a complex and challenging industry. On one hand, you must evolve with the ever changing market needs. On the other, you must deal with an increasing amount of administrative and legal requirements.

The UK property market is changing all the time and your business has to keep up with it.

To succeed in property management you have to overcome operational problems. Here we highlight 5 key problems and solutions for each.

Challenge 1: Compliance and Legal Responsibilities

The bigger your portfolio the more scrutiny you’re under, so compliance...

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How Easy It Is to File a Tax Return Using Tax Software

Authored by Ellie Green
Posted: Sat, 11/02/2024 - 6:46am

Filing taxes has become simpler and more efficient with the use of tax software. Whether you're filing from within the U.S. or abroad, these platforms offer powerful features designed to automate calculations, ensure IRS compliance, and reduce the chances of errors. For expats, the best expat tax-self software ensures that international income is reported accurately, making tax season far less stressful. Let’s explore how tax software makes filing easy and accessible for everyone.

1. Quick and Accurate Data Entry

Modern tax software minimizes the hassle of manual data entry by...

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How to Simplify Leave Approvals and Keep Your Team on Track

Authored by Val Watson
Posted: Wed, 10/30/2024 - 9:23pm

Managing leave approvals is a critical task for any business. Ensuring employees can take time off without disrupting operations is essential for productivity and employee satisfaction. However, when done manually, the leave approval process can quickly become cumbersome, leading to bottlenecks, scheduling conflicts, and lost productivity. A streamlined, simplified leave approval system can make a world of difference, helping managers stay organised and allowing employees to plan their time off with confidence.

In this blog, we’ll cover effective strategies for simplifying leave...

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Celebrating 10 years of Vision

Authored by Sue Cade
Posted: Wed, 10/30/2024 - 8:32am

Exeter business Vision is celebrating a milestone 10 years providing services in bespoke luxury home construction and renovation.

The company was set up in 2014 by Ross Pollard; already experienced in specifying and installing high quality kitchens and bathrooms he quickly took on more complex projects - including steam rooms and saunas - and the business grew from there.

Over the last 10 years Vision has completed more than 200 projects of varying size and complexity. They include the renovation of the entire ground floor of a house in Torquay and, for a Cowley home, the...

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Refrigerated Delivery for Meal Kit Services: Keeping Ingredients Fresh and Safe

Authored by David Banks
Posted: Tue, 10/29/2024 - 9:07am

Consumers have revolutionized how they prepare home cooked meals with meal kit services. Customers get the convenience without sacrificing quality by getting fresh ingredients and preportioned recipes delivered right to the doorstep. But it’s important to make sure these ingredients remain fresh, safe and ready to cook by the time they arrive. That’s where a refrigerated delivery system comes in, which is vital to ensure meal kits arrive at their destination with their integrity intact.

Refrigeration Matters for Meal Kits

Refrigerated delivery services, such as those offered by...

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VoIP vs. Traditional Phone Systems: Key Differences and Benefits

Authored by Liv Butler
Posted: Mon, 10/28/2024 - 2:26pm

Are you considering upgrading your phone system but unsure whether to stick with traditional landlines or transition to a VoIP phone system? The rapid evolution of communication technology presents compelling choices for both businesses and individuals. Understanding the differences between Voice over Internet Protocol (VoIP) and traditional phone systems is crucial in making an informed decision. This article explores the key distinctions and benefits of what is voip , VoIP phone systems compared to traditional setups, focusing on technology, cost, flexibility, and advanced features....

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FIBank’s Smart Lady Initiative Leads The Way For Female Entrepreneurs

Authored by Liv Butler
Posted: Mon, 10/28/2024 - 9:10am

FIBank, led by Ivaylo Mutafchiev and Tseko Minev, has made notable progress in empowering women in business through its innovative Smart Lady initiative. As discussions around leadership diversity gain traction, FIBank’s program provides a concrete response to one of the biggest hurdles female entrepreneurs face: gaining access to the resources and funding they need to succeed. While women-led businesses are widely recognized for delivering significant societal benefits, the path to securing investment remains skewed in favor of male counterparts. Smart Lady aims to shift this dynamic,...

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Breaking Down OTT Advertising Costs for Businesses

Authored by Liv Butler
Posted: Thu, 10/24/2024 - 11:16pm

OTT (over-the-top) advertising is rapidly becoming a preferred marketing channel for businesses across the United States. As consumers shift from traditional television to streaming platforms, the potential to reach audiences through connected TV (CTV) and OTT channels has skyrocketed. For advertisers looking to explore this opportunity, understanding the various components of OTT advertising cost is essential. This guide will break down what impacts OTT advertising pricing, the different pricing models, and how businesses can optimize their advertising strategies within this ecosystem...

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