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...

Liv Butler

Liv Butler

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5 Sectors Where UK Customers Prefer International Brands

Authored by David Banks
Posted: Wed, 10/09/2024 - 8:51pm

The UK has always been known for its rich history and has become a land of vast cultural diversity. However, amid the multitude of British options, international brands hold a special allure for consumers who are seeking the latest styles, fashion, and a different perspective of the world from their own.

These brands that hail from all over the globe have managed to capture the hearts and wallets of British shoppers. Let's delve into five sectors where UK customers consistently prefer international brands.

1. Entertainment

While local entertainment certainly has a place...

What is Obfuscation?

Authored by David Banks
Posted: Wed, 10/09/2024 - 8:36pm

Obfuscation is one that has gained prominence in the present world especially with the presence of digital technology. But, to the point: what, in fact, Obfuscation is and why will it be relevant? In the field of technology and cyber security, using terms of code or systems intentionally difficult to interpret or decode is known as the usage. For anyone involved in software development or computer security or even using the Internet daily, obfuscation is something one needs to be aware of. Now that we live in an omnipresent networked society, there are five fundamental reasons to know...

Tips for Discussing Sensitive Topics in the Workplace

Authored by Liv Butler
Posted: Mon, 10/07/2024 - 8:35pm

]Discussing sensitive topics at work can be challenging. Certain conversations about things like politics, religion, or diversity issues can quickly become heated if not handled carefully. However, completely avoiding these important topics can lead to a toxic work environment. With proper planning and preparation, sensitive subjects can be discussed constructively. Here are some tips for having difficult conversations at work professionally and respectfully. It's important to approach these discussions strategically. The goal should be reaching mutual understanding, not winning an...

8 Most Reliable Payment Options for Small Businesses

Authored by Val Watson
Posted: Mon, 10/07/2024 - 10:21am

Running a small business requires managing various aspects effectively, with payment processing being one of the most crucial elements. In today’s cashless society, small businesses need to offer a variety of payment options that are not only reliable but also flexible enough to meet customer expectations . If you're looking to streamline your payment processes while maintaining convenience and security, here are some of the most dependable payment options for small businesses.

1. Credit and Debit Card Payments

Credit and debit card payments have become essential for small...

The Future of Workplace Engagement: Trends Every Business Should Know

Authored by Val Watson
Posted: Thu, 10/03/2024 - 1:51am

As businesses navigate the rapidly changing work environment, the need for effective workplace engagement strategies has never been more critical. The future of workplace engagement is evolving, driven by new technologies, changing employee expectations, and a greater emphasis on wellbeing and flexibility. For businesses looking to stay ahead, understanding these trends is key to creating a thriving, motivated workforce. In this blog, we explore the key engagement trends that every business should know and how platforms like Pluxee can support these evolving needs.

1. Personalised...

Work Hub moves location and inspires launch of new digital magazine

Authored by News Desk
Posted: Thu, 10/03/2024 - 12:56am

The Tribe coworking space for female entrepreneurs moved to new premises in Berry Pomeroy in July but its owner and founder Stacey Sheppard isn’t putting her feet up in her new surroundings. Instead, she’s now also launched an online publication designed specifically to support and empower female business owners across the region.

When Stacey opened The Tribe in Totnes in January 2020, she wanted to create a safe space for women in business to find a community in which to connect and collaborate. It is one of 24 coworking spaces within the Devon Work Hubs network, all of which...

Everything You Need To Know About Setting Up A Farm Shop Business

Authored by Liv Butler
Posted: Sat, 09/28/2024 - 12:35am

Setting up a farm shop business can be an incredibly rewarding venture, especially in today’s world, where consumers increasingly seek locally sourced and sustainable products. A farm shop not only allows you to showcase your agricultural produce but also creates a hub for community interaction. Here’s a comprehensive guide to help you navigate the essentials of starting your own farm shop.

Research and Planning

The first step in establishing a farm shop is thorough research and planning. Understand your target market—who are your potential customers? Are they locals...

Landmark report on Great South West’s high value manufacturing sector positions region as the key player for UK industrial strategy

Authored by Program
Posted: Thu, 09/26/2024 - 3:55pm

A new report details the high value manufacturing sector’s scale and growth potential across the region

The Great South West Partnership has released its anticipated report on the region’s high value manufacturing sector, positioning the area as a key player in the UK's renewed Industrial Strategy.

The report, developed in collaboration with the High Value Manufacturing Catapult - the UK’s research, development, and innovation agency for manufacturing - and over 60 organisations from across the region, highlights the South West’s potential to drive innovation, support clean...

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