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:

Exeter advertising agency expands into new City Centre premises

Chalk & Ward, the largest independent full service advertising agency in the South West, has moved from their old home at Kings Wharf on Exeter Quay to a large Georgian Building in Southernhay.

The company were based at Kings Wharf on The Quay for 10 years but recent staff expansion within the company and the creation of separate division Chalk & Ward Public Relations, meant that the move was desperately needed.

Managing Director Robert Chalk said; “We loved being on The Quay, so if we were going to move it had to be for the right reasons. Giles Ward and I have been...

HMV on the verge of £50m rescue deal with Hilco

Sky News has revealed that HMV, Britain's last remaining independent music retail chain, is on the verge of being rescued in a £50m deal that will preserve 2,500 jobs.

Hilco UK, which has been operating in Europe for over 10 years, was founded out of a partnership between UK Management and the Hilco Group in the US, the global leader in distressed retail investment and advisory services. Hilco also already runs HMV in Canada and has worked with music labels to secure new releases for HMV’s UK stores.

Sky News' City Editor, Mark Kleinman, reveales "Hilco, the specialist...

Businesses and Social Enterprises must work together to benefit the local economy

Exeter Chamber of Commerce joined forces with ESSENCE, Business in the Community and Business 4 Exeter Communities Group last week to deliver an afternoon of networking, presentations and workshops for business and social enterprise leaders.

This event was well attended by a range of guests and members of the Chamber, local businesses and social enterprises. After facilitated networking over lunch, delegates attended two workshops of their choice, covering topics such as tackling finance, local economy, social media, marketing and branding and business planning.

Viv Hignell...

Marsh Barton Security Services celebrates 30 years of trading

Marsh Barton Security Services celebrates 30 years of trading next month and new owner Marcus Di-Vincenzo takes stock of how far security has actually come from when it was first required back in the middle ages.

Until the 1980s, the term Watchmen was more commonly applied to the function known as security, a usage dating back to at least 1233 when the Ordinance applied the need for such a service. This term was carried over to North America where it was interchangeable with night-watchman until both terms were replaced with the modern security-based titles. Security guards are...

Devon Dealership launches blog to bolster online presence

Authored by charlotteb
Posted: Wed, 04/03/2013 - 9:38am

Leading Exeter new and used car dealership, Vospers, has added to its award-winning online presence with the launch of a blog. The blog will feature advice guides, reviews and interviews with famous names in motoring.

The company secured an interview with stunt driver, Terry Grant, holder of 19 world record driving stunts to date, to launch the site. The initiative is part of Vospers’ ongoing dedication to ensuring that the customer experience is as outstanding online as it is in their showroom.

Managing Director Nick Vosper explains; “Vospers recognises that the customer...

Being One Step Ahead!

How well do you know your competitors? How many times do you keep an eye on what they’re doing? Are they stealing a march on you and if so how are they attracting customers? Many small to medium size companies are limited on time and because of this are not as knowledgeable about who their main competitors are as they should be, but finding out what makes your competitors tick and keeping one step ahead of them is sound marketing strategy and gathering of intelligence about them puts you and your company in a very strong position - information is most definitely power.

Here at The...

How finding your voice is good for business…

The computer age has created a generation of employees who lack the most basic communication skills, according to an expert in the field.

The increasing practise of sending emails to colleagues in the same room is an example of how people are shying away from speaking to one another. This barrier to speaking confidently is likely to hold back employees and put a lid on success when it comes to face-to-face meetings and presentations at management level, having a knock-on effect for the entire business.

“I’ve heard from recruitment agencies that because prospective employees...

SETsquared at the University of Southampton secures nearly £65,000 to create an open innovation ecosystem

A leading university enterprise partnership in the UK has secured £64,750 of funding to establish and encourage open innovation between big businesses, primes, universities and SMEs.

SETsquared, a collaboration between the universities of Bath, Bristol, Exeter, Southampton and Surrey, will use the cash to run a programme of work including bespoke “one to many” forums that will bring together large corporate companies or public sector organisations that are interested in creating open innovation relationships with SME ‘growth companies’.

The ‘Meet the Prime’ initiative...

Ashfords LLP advises DQ Entertainment on its fund-raising to remake The Jungle Book

The Exeter office of Ashfords LLP has advised DQ Entertainment PLC (DQE) on its fund-raising of £4.1m to remake the much-loved children's tale The Jungle Book .

With its main operations in India, DQE is an award-winning global producer and distributor of animation and visual effects for feature films, TV, video, internet, mobile and next-generation console games.

Having established itself as a producer of quality animated content for television, DQE has increasingly focused on the production of high definition 3D stereoscopic animations and, most recently, animated feature...

Free legal drop-in clinics extended across South Devon

Authored by Lucy
Posted: Wed, 03/27/2013 - 11:34am

Free drop-in clinics to discuss the importance of wills and trusts have proved such a success that they are being rolled out across South Devon by a Plympton-based law firm.

David Richardson of Richardsons Legal Services started offering the free clinics when he saw what he believed to be a worrying number of people neglecting their personal affairs.

He said: “There’s a misconception that wills and Home Protection Trusts are only for the wealthy and people are often embarrassed by the thought of “going to all that trouble” for what they deem to be relatively small assets....

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