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

Posted:

First region-wide corporate esports festival comes to the South West

The first corporate esports festival for the whole of the South West is taking place in Exeter next year, organised by Tech South West in partnership with Exeter College.

Esports is one of the fastest growing industries in the world, with a global revenue of over $1bn and an audience of 474m in 2021, according to Newzoo. Esports first appeared as an official medal sport at the Asian Indoor Games in Macau in 2007, with the International Olympic Committee suggesting in 2017 that they may be included in future Olympic tournaments.

Exeter College will host the first region-...

Foot Anstey advise on first Peer2Peer Islamic Finance fintech deal in the UK

National law firm, Foot Anstey LLP, which has offices located in Bristol, Exeter, London, Plymouth, Southampton, Taunton and Truro, has advised London-based fintech start-up Nester Holdings Ltd on, what is believed to be, the first UK Peer2Peer Islamic Finance fintech deal worth £431,000, followed recently by a second deal worth £225,000.

Imam Qazi, Partner, and Leena Payyappilly, Associate, in Foot Anstey's Islamic Finance team advised on all legal aspects of the deal. This included drafting the Murabaha* and legal security contracts, as well as acting on behalf of Nester's...

New Degree Apprentice programme for HR professionals puts people centre stage

A new degree apprenticeship programme for managers working in HR has been launched by the University of Exeter Business School.

The Senior People Professional Degree Apprenticeship is a two-year programme designed for senior leaders in HR who are looking to drive improvements, put people at the heart of their organisations and create working environments in which employees are able to thrive.

Over two years, apprentices will explore the latest research evidence and experience of people management in practice, gaining a firm grounding within the Human Resources Management...

Apple Orchard

Five family businesses who handled the succession process successfully

Exeter is host to some of the UK’s most successful and long-standing family businesses. Businesses like this span the city, whether it’s G Philips & Sons ‘The Farmers Friend’ Ltd, or Devon Contract Waste. They are a lifeline to many employees and customers, and have become a part of the local community.

It is often assumed family businesses are more fragile than other forms of enterprise. Research has shown only about 30 percent of family businesses make it to the second generation .

We often hear in the press of family businesses who have mishandled the succession...

Should you buy refurbished woodwork machinery?

Does the idea of buying anything refurbished put you off? When it comes to refurbished woodwork machinery, we are here to tell you that certainly shouldn't be the case. Here, we explain why.

What does refurbished mean?

Machinery and equipment is often labelled as refurbished, not because they have gone wrong but simply because they were no longer needed or have been replaced, or perhaps had a fault that the owner could not fix. When thoroughly refurbished, they offer an affordable way to purchase better equipment with often considerable savings over the same model...

Tilney Smith & Williamson continues expansion of Exeter office with appointment of Financial Planner

Authored by Mary Youlden
Posted: Sun, 12/05/2021 - 11:38pm

Tilney Smith & Williamson, the leading wealth management and professional services group, has signalled its intention to continue expanding its Exeter office following the appointment of Neil Sparkes as a Financial Planner. The news comes on the back of the recent appointments of Neil Thornton as a Financial Planner and Will Matthewman as an Investment Manager.

Neil has more than 30 years’ financial services experience and joins from Francis Clark Financial Planning where he worked initially as a Paraplanner and latterly a Financial Planner. Prior to Francis Clark he worked...

How to Make Resume for Your First Job

Authored by Claire Small
Posted: Fri, 12/03/2021 - 10:45pm

Isn’t it exciting? You’re finally a real adult about to go out for your first job! However, excitement aside, everything is so new and intimidating. For example, how should you make the resume for your first job if you have no employment history to present?

Don’t worry. This article will walk you step by step through the process so you can get a headstart on your career.

Use a Resume Builder

If this is your first official resume, using a resume builder is a wise decision. If you don’t want to waste time comparing different online tools, simply go to https://cv2you.com/...

Stephen Wiltshire, Managing Director of Exeter Airport

Exeter Airport appoints Managing Director

Authored by Jason Clark
Posted: Fri, 12/03/2021 - 7:21pm

Exeter Airport has announced the appointment as Stephen Wiltshire as Managing Director.

Stephen, 47, has been Operations Director at Exeter for the last 12 years and before that was operations director at Blackpool Airport for six years.

He started his career as an engineering apprentice with British Aerospace at Filton near Bristol, where he is from originally.

It was during a placement in air traffic control operations as part of his apprenticeship that he got the bug for airports, becoming operations and facilities manager at Filton before moving on to Blackpool...

How to find a good career

Authored by David Banks
Posted: Fri, 12/03/2021 - 5:15pm

The best time to start a good career is now. However, how do you find a good career? Because we all know that is a much larger commitment than picking up a transitioning job then jumping to another position in three months.

However, while you can find plenty of pointers from career sites, they rarely tell you how to actually find a good career. Therefore, we will show you the quickest, most straightforward way to secure the perfect career for you.

What Makes a Good Career

First thing first, what job openings may indicate a good career? Simply put, you should be looking...

Foot Anstey advise Spire House on a Right to Manage Claim

The Property Litigation team at national law firm, Foot Anstey LLP has successfully advised and represented Spire House RTM Company in the Court of Appeal, to ensure it obtains the Right to Manage.

Spire House in Lancaster Gate, London is an exclusive set of residential apartments set in the ground of a historic church spire. The RTM Company was formed by the majority of its leaseholders seeking more direct control of the building's management.

The Foot Anstey team included Anna Phillips, Legal Director, and Marina Leigh, Associate, become involved in 2017. They commenced a...

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