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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"Send this Idiot the Bedbug letter"

Have you heard the story of the colossal customer-service bungle over the “bedbug letter”? A guest in a hotel finds himself attacked by bedbugs during his stay. He writes an angry letter to the president of the hotel company. Within days, the president sends the guest a heartfelt apology, which reads, in part: “I can assure you that such an event has never occurred before in our hotel. I promise you it will never happen again.” Sounds good, except for one small detail: Included with the apology is the guest’s original letter. Scrawled across the top is the message: “Send this idiot the...

Haberdashery sales buzzing at John Lewis

Authored by Mary Youlden
Posted: Thu, 04/11/2013 - 10:20am

Since the BBC's new sewing programme, The Great British Sewing Bee aired, John Lewis Exeter has seen a surge in purchases of haberdashery products, with sales looking set to rise further over the coming weeks.

Following the programme's launch the haberdashery department in Exeter saw a 36% increase on the week before including a 55% increase in sales of sewing machines.

Claire Tovey, section manager for Haberdashery said: “We've been really please with the reaction from our customers to the Great British Sewing Bee. There's no doubt it's given lots of people the sewing bug...

Everys Solicitors tee up support for Exeter Foundation golf event

Authored by Everys
Posted: Wed, 04/10/2013 - 7:11pm

Everys Solicitors has signed up as the main sponsor of the Exeter Foundation Charity Golf Day that is being also being supported by Exeter Chiefs.

The event will take place on June 20 at the East Devon Golf Club near Everys’ Budleigh Salterton branch.

Exeter Chiefs has supported the event by offering its players as members of the competing teams as part of the club’s continued commitment to the civic trust work of the Exeter Foundation.

Bruce Brooker, commercial director of Everys Solicitors, said: “As a sponsor of Exeter Chiefs, we were approached to sponsor the...

Accountants Thompson Jenner appoint two new Partners

Thompson Jenner LLP, one of Devon’s leading firms of accountants and business advisors, is delighted to announce the appointment of two new partners.

Paul Carnell and Dave Tucker, who were both previously experienced managers at the firms Exmouth office have become partners of the firm from the 1st April 2013. The appointment of two new partners is part of the firm’s medium term plan to grow and strengthen its practice across the firms Exeter and Exmouth offices.

Commenting on the appointments, Neil Curtis, Managing Partner, said: “I would like to offer my congratulations...

Marsh Barton Forum Energy from Waste event

The Marsh Barton Forum event on the 9th April was a sold out event as many businesses came together to learn about creating energy from waste.

Held at Basepoint, a presentation was given by Adrian Middlewick, Senior Waste Management Officer from Devon County Council who discussed the Government’s goals and objectives for land fill diversion targets.

Following this, Ian Crummack, Project Manager for TIRU explained how the new Energy from Waste plant, which has recently been built on Marsh Barton will work. This included demonstrating how the suction air will be put...

Devon mum of three decides to follow her 12-year passion

After giving birth to her third child in 2012, Devon mum Katie Skilton soon realised that she didn’t want to pay childcare costs and return to her Sales and Marketing Manager job. Instead she decided to follow her 12-year passion for all things vintage and shabby chic instead.

Katie Skilton Design is primarily a papercraft-focused service, educating others on the wonderful and inspiring on-trend craft industry. Katie is currently working with national publications and is also a regular on the Ideal World shopping channel demonstrating the latest product releases.

Katie also...

Exciting and original technologies made freely available by University

The University of Exeter has joined Easy Access IP, which promotes new ways of sharing intellectual property (IP). The University will be making selected intellectual property – patents, copyright, designs and know-how – available free to businesses which are willing to use it to develop products and services which benefit society and the economy. Some early-stage IP is too risky to attract investment from companies. By offering free and easy access to this, companies have the opportunity to evaluate the potential and possibilities with reduced risk. Companies can access the IP on an...

Cooper Associates welcomes new advisor

Leading South West financial services firm, Cooper Associates, has enhanced its offering with the appointment of its new advisor, Jack Cooper.

Joining from Skipton Building Society – where he was the youngest ever branch manager – Jack, 23, brings a wealth of experience and expertise to the company. Jack has completed CeMAP (Certificate in Mortgage Advice and Practice) and has nearly finished the Level 4 DipFA (Diploma for Financial Advisors). Commenting on his appointment, Jack says, “Joining Cooper Associates is a great opportunity for me. Making the transition from a single...

Imagination is a wonderful thing sometimes!

Most of our fears are magnified by our imagination, in the dentist waiting room, fear of flying even dreading doing those jobs you do not wish to do such as your tax return. Mostly, fortunately, the reality is not as bad as our imagination had made us expect. Another factor is fear of the unknown, and this is particularly relevant it appears from the responses I have had to recent articles, on the subject of funding care costs and who to ask for advice. As a result of these enquires I thought it may be useful to give some answers to the most common questions asked.

Regarding who to...

Exeter: the South West’s most sustainable city

The Exeter Chamber of Commerce’s April Networking lunch will be held at The Rougemont Hotel By Thistle, taking place on Wednesday 17 April 2013. The theme of this lunch is ‘Exeter: the South West’s most sustainable city’.

The lunch will bring together the intellect behind Exeter Chamber’s most sustainable businesses to one place. The event will give 100+ businesses the opportunity to ask John Rigby (Chairman of the Low Carbon Task Force), Adam Fox-Edwards (MD of the illustrious Arundell Arms and winner of the 2012 DEBI sustainable business award) and Ewan McClymont (Director of...

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