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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Foresight announces £50 million first close of a new fund dedicated to growing companies across the South West

Authored by Jack Digsby
Posted: Thu, 11/21/2024 - 5:16pm

Foresight Group (“Foresight”), a leading FTSE 250 listed private equity and infrastructure investment manager, has announced the launch of an evergreen fund dedicated to investing into growing companies, across all sectors and transaction types, throughout South West England (“the Fund”).

Cornerstoned by Devon Pension Fund, the Fund will target smaller equity investments in established, promising companies with growth potential across the South West of England, including Bristol, Cornwall, Devon, Dorset, Gloucestershire, Hampshire, Oxfordshire, Somerset and Wiltshire.

...

Organising Business Meetings: Tips for PAs to Impress

Authored by Liv Butler
Posted: Thu, 11/21/2024 - 2:59pm

As a PA, organising seamless and productive business meetings is a cornerstone of your role . A well-executed meeting reflects positively not only on you but also on the executives you support. From initial planning to post-meeting follow-up, every detail counts. This article provides valuable tips to help PAs elevate their meeting organisation skills and create a lasting impression.

Pre-Meeting Planning

Before sending out the first calendar invite, meticulous planning is essential. Start by clarifying the meeting's objective. What specific outcomes are desired? Understanding the...

The Ultimate Guide to Business Phone Systems: Pros, Cons, and Cost

Authored by Val Watson
Posted: Wed, 11/20/2024 - 4:21pm

In today’s highly connected world, having a reliable, feature-rich business phone systems comparison is crucial for seamless communication with clients, customers, and team members. But with so many options available, how do you choose the right system? Should you invest in a traditional PBX, switch to VoIP, or adopt a cloud-based solution? And how does cost compare among these options?

This guide explores various types of business phone systems, essential features, mobility considerations, integration possibilities, and costs, so you can make an informed decision tailored to...

South West leaders call for strong response to government consultation on regional partnerships

Authored by Program
Posted: Wed, 11/20/2024 - 4:00pm

Leaders across the Great South West are urging businesses, trade bodies, civic and education organisations, investors and individuals to have their say in a vital Government consultation .

The consultation is critical to ensuring the region’s voice is heard on the national stage and in Westminster, whilst wider discussions on the future of devolution in the South West progress.

The Great South West was established by business, political and education leaders to make the case for the region - which covers Cornwall, Devon, Dorset, Somerset and the Isles of Scilly - to ensure...

Managing Chargebacks in Amazon Vendor Central: Tactics to Protect Your Profits

Authored by David Banks
Posted: Tue, 11/19/2024 - 8:49am

In the competitive arena of e-commerce, managing chargebacks is critical for vendors using Amazon Vendor Central. Chargebacks occur when customers dispute a transaction, leading to refunds processed by their banks or credit card companies. For vendors, these disputes can lead to significant revenue losses, operational disruptions, and a tarnished reputation on the platform. This article explores effective strategies to navigate Amazon vendor chargebacks and protect your profits.

Understanding Chargebacks

Chargebacks serve as a consumer protection mechanism, allowing customers to...

Credit score hacks: 7 ways business owners can secure better car financing deals

Authored by Ellie Green
Posted: Mon, 11/18/2024 - 8:45am

Financing a car as a business owner can be tricky, especially if your credit score isn’t as high as it could be. But did you know that a few strategic steps can significantly improve your creditworthiness and help you secure better car financing deals? Here are practical tips that make a real difference, so you can get that vehicle for your business on more favourable terms.

Review and correct your credit report

Start by requesting your credit report from reputable credit reference agencies. Errors can creep in, potentially lowering your score and hurting your financing prospects...

How an Electric Butterfly Valve Enhances Efficiency in Pipeline Systems

Authored by BHTNews.com
Posted: Thu, 11/14/2024 - 4:26am

Electric butterfly valves are a relevant necessity within pipeline networks in several fields since they perfectly regulate medium-fluid, gaseous, or even semi-solid substances. Their structure, simplicity of operation, and integration of automation functions make the industrial products most suitable for use in industries where speed, accuracy, and dependability are paramount. This article will focus on how electric butterfly valves can improve the pipework system and how selecting electric gate valve manufacturers can add a plus point to a pipework system. We shall also include the...

How to Create a Michelin-Star Restaurant in the UK

Authored by Ellie Green
Posted: Wed, 11/13/2024 - 7:10pm

Achieving a Michelin star is one of the highest honours in the culinary world, symbolising exceptional quality, consistency, and creativity in dining. For UK chefs and restaurateurs, securing this coveted accolade requires an unwavering dedication to the craft, an innovative approach to British and international cuisine, and a commitment to creating unforgettable dining experiences.

Let’s explore what it takes to build a Michelin-star restaurant in the UK, from mastering culinary techniques to delivering exceptional service.

Understanding the Michelin Guide in the UK

The...

Business owners celebrating

SW businesses to be celebrated at inaugural Twelve Awards

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...

Exploring IP Addresses: The Core of Internet Communication

Authored by Simon Wells
Posted: Thu, 11/07/2024 - 11:44pm

An IP address (Internet Protocol address) is a distinct combination of digits or letters assigned to each device linked to a network, whether it’s a desktop, tablet, or server. For instance, 127.0.0.1:49342 serves as an internal loopback IP address, allowing a system to interact with itself for testing. These addresses are vital for transmitting information across the web, enabling data exchange between devices in an organized, efficient way.

What Exactly is an IP Address?

Similar to how a home address helps postal services deliver mail, an IP address ensures that digital data...

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