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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Logistics software specialist crowned Technology Company of the Year

Authored by News Desk
Posted: Thu, 11/04/2021 - 10:25am
Digital Minister praises Fargo Systems for driving innovation in golden age of UK tech

Fargo Systems has been confirmed as the UK’s leading logistics software supplier as voted for by the sector, winning the prestigious Technology Company of the Year at the recent Multimodal Awards 2021 at the Vox, Birmingham.

Multimodal news readers, exhibitors and industry peers were asked to vote for the technology company they considered the best in the UK from a strong field comprising nine finalists, respectively.

Digital Minister Chris Philp said: "It's great to see companies like...

Bailey Partnership pledges to be carbon-neutral by 2030

Authored by News Desk
Posted: Thu, 11/04/2021 - 6:03am

Climate conscious construction consultancy, Bailey Partnership, has pledged to become carbon-neutral and deliver all projects to “Net Zero” by 2030 – 20 years ahead of national targets - in a bid to reduce the construction industry’s carbon footprint.

Renowned as one of the biggest contributors to the UK’s carbon footprint, the construction industry is responsible for around 38% of all CO2 emissions in the UK. As a multi-disciplinary company with many facets and disciplines covering everything from architecture and building surveying to building services engineering, Bailey...

Ecommerce Growth In London - A study

The United Kingdom boasts Europe's most sophisticated e-commerce market.

According to the most current Office of National Statistics (UK) data, the country's e-commerce revenue in 2019 was 693 billion GBP, a significant rise over the previous year.

Wholesale and manufacturing were the two largest industrial sectors that generated the most e-commerce sales in the same year.

Of the 90 percent of UK internet users who have visited an online retailer, 38 percent used a smartphone or tablet to make a purchase, compared to 54 percent who used a laptop or desktop...

IoD appoints Steve Hill as South West chair

The Institute of Directors (IoD) has appointed Steve Hill to lead its South West region.

Steve was formerly vice-chair and succeeds Muir Macdonald, following the completion of Muir’s three-year term as chair.

Steve will be the voice for South West directors, ensuring they are represented within the IoD’s influential lobbying voice. He will forge connections between directors through a calendar of regional events and professional development training.

Steve was managing director of SEA, which delivers products and services to the defence and transport markets....

South West law firm sets ambitious net zero target for 2025

Employee-owned law firm, Stephens Scown LLP, is leading the charge against climate change by setting an ambitious target of achieving net zero carbon emissions by 2025 – well ahead of the Government’s target for businesses to reach net zero by 2050 and indeed ahead of most UK organisations.

The announcement comes ahead of the COP26 summit in Glasgow, which will bring parties together from across the world to accelerate action against climate change. It also comes hot on the heels of the Stephens Scown publishing its third annual Giving Back report, which can be viewed here ....

Women in Investment Awards recognition for Charlotte

Authored by News Desk
Posted: Sun, 10/31/2021 - 10:17pm

A caring manager at Francis Clark Financial Planning (FCFP) has been shortlisted at the Women in Investment Awards after going the extra mile to support colleagues during the pandemic.

Charlotte Taylor-St Ruth is a finalist in the Team Leader of the Year category for small to medium firms at the prestigious event, organised by Investment Week in association with HSBC Asset Management.

Exeter-based Charlotte joined FCFP as head of client care in 2019 and is responsible for leading a team of 15 people based across seven offices, from Poole to Truro. Judges were impressed...

7 work safety tips for hair professionals 

Authored by Ellie Green
Posted: Sun, 10/31/2021 - 10:05pm

If you own a hair or beauty salon, you also have a responsibility to look after the health and safety of your employees and customers, so precautions must be taken where hazardous substances are used. You may not be aware of which products can harm you, so you must exercise extreme caution.

There are some precautions you should take in your saloon during the Covid-19 pandemic. But how can you ensure your safety at work? This article will provide you with seven work safety tips for your saloon or barbershop.

  1. Conduct a risk assessment

You must conduct...

Preparing your fleet for crisis: 5 essential steps

Authored by David Banks
Posted: Sat, 10/30/2021 - 10:03pm

The lifeblood of a fleet lies in its vehicles and drivers. This is why it’s crucial to protect both assets, especially during a crisis. The problem is, most fleet managers tend to feel overwhelmed and dazed whenever something terrible happens. Of course, blanking out during times of crisis is a normal reaction.

This is why you need to set up a plan for emergencies even before they happen. This is what you call fleet risk management. Fleet managers need to set up a system to react accordingly during times of crisis and possibly stop problems before they occur. If you’re in the...

Robert Peston calls on Devon solicitors to aid charity campaign

ITV journalist Robert Peston is calling on solicitors in Devon to sign up to a charity campaign this November as the pandemic has left hundreds of local people waiting to write a will.

Some 49% of people in the UK do not have a will – and the coronavirus pandemic has seen a surge in demand for help from local solicitors.

The annual Will Aid campaign is helping meet the demand, but more support is needed from local firms who are receiving hundreds of enquiries from across the county.

The campaign not only helps both regular people up and down the UK communicate...

Seven worries employers have about remote workers and what to do about them

Authored by Ellie Green
Posted: Thu, 10/28/2021 - 1:16pm

More people are working from home than ever before. For most remote workers, that’s a great thing! They spend less time commuting to and from work and they don’t have to deal with annoying coworkers sitting at desks around them.

However, it can seem like a bad thing for employers. Letting your employees stay home while they work brings up a lot of concerns when it comes to things like productivity, but that doesn’t mean remote work shouldn’t be an option! Not only are there reasons not to worry, there are things you can do to make sure your concerns don’t become a reality....

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