Business

​​​​​​​Hidden Costs Every Small Business Owner Should Know

Running a small business is often portrayed as a straightforward venture: offer a product or service, make sales, and watch profits grow. However, the reality is far more complex. Small business owners frequently encounter hidden costs that can erode profits if not carefully managed. From licensing fees to employee expenses and unexpected operational costs, these financial pitfalls can catch even the most prepared entrepreneurs off guard. Understanding these hidden expenses is crucial for sustaining a healthy business and avoiding unpleasant surprises.

1. Licensing, Permits, and...

Liv Butler

Liv Butler

Posted:

Registration now open for the 2013 Exeter Business Games

Following the huge success of the 2012 Exeter Business Games , businesses in Exeter are being encouraged to register for the 2013 Games.

24 teams from Exeter-based businesses took part in the 2012 games and with matched funding from Thomson Reuters, this year’s participants raised over £5000 for local charity The Exeter Foundation .

The Exeter Business Games will take place during May and June 2013, comprising of various events such as Ten-Pin Bowling, a Pub Quiz and Boat Racing on the Exe.

Exeter Business Games Co-ordinator, Debbi Moore, said: “The 2012 games...

National newspaper praises John Lewis joint effort

Authored by Marc Astley
Posted: Sun, 10/14/2012 - 6:50pm

A national newspaper has praised the joint effort that went into securing the new John Lewis store for Exeter.

Observer journalist Zoe Wood wrote:

Despite the rearguard action being fought by government high street tsar Mary Portas, town centres around the country are being pushed to breaking point as retail chains are felled by the recession. One in seven high-street shops lies empty, with the recent failure of JJB Sports, which resulted in more than 130 closures, making a grim picture worse.

Against that backdrop, the strength of Exeter's retail centre – albeit...

22-year-old Sam engineers an award-winning future

A 22-year-old man from Exeter has been named the South West’s Most Promising Apprentice in a prestigious regional awards programme run by the Civil Engineering Contractors Association (CECA).

Sam Atwill, who works for Newton Abbot-based Glendinning, received the accolade after impressing judges with his commitment, know-how and technical knowledge during the first year of his highways apprenticeship programme.

The CECA South West Training Awards are presented to trainee civil engineers, apprentices and surveyors in recognition of exceptional performance...

Private rented homes – an increasing alternative to home ownership?

The government has recently published an independent report written by Sir Adrian Montague, who was asked to undertake a review of the barriers to institutional investment in the private rented homes sector.

Sir Adrian is possibly the busiest city grandee there is, having chaired or held directorships in Friends Provident, Cross Rail, British Energy, Anglian Water Group, 3i and recently announced as the new head of the Governments Green Investment Bank). He was also advisor to Gordon Brown for some 4 years and has also worked as Head of Partnerships UK, a Treasury body...

Firetop Photography launches new e-newsletter

Firetop Photography has finally launched an email newsletter after months of research and planning.

Photographer Venetia Norrington said: "I've been wanting to keep in touch with my clients, and forge new connections for a while now. I’ve found an easy and beautiful way to share my news, photos and special offers and so I've taken the plunge!"

Delivered directly to your desk, these newsletters will be jam-packed with exclusive offers, discounts, news and useful information.

To subscribe, visit www.firetopphotography.co.uk/blog/?p=3505

Regen SW champion alternative power resource

A Crown Estate survey has revealed a huge amount of potential wave and tidal energy around the Southwest coastline.

There are significant wave resources off the north Cornwall coast and England and Wales share the largest single area of tidal range resources in the Bristol Channel and Severn Estuary.

The research, carried out by The Crown Estate in association with the Exeter-based Regen SW and devolved administrations, concludes there is potentially tens of thousands of gigawatts of wave and tidal energy to harvest which could contribute substantially to the UK’s...

Growth On The Horizon For Exeter SEO Firm

Authored by Gill Vosper
Posted: Wed, 10/10/2012 - 4:05pm

Exeter based SEO firm Skyline Marketing has opened a new office to facilitate the business’s growth plans in the South West relocating to newly converted offices in Dunchideock on the outskirts of Exeter where they join a number of other creative agencies reaping the benefits of the location.

Despite the downturn, the firm established 18 months ago by co-founders Rob Lindsey and Adam Levine, has continued to grow rapidly during the recession as clients look to develop online marketing campaigns and enhance their presence on the World Wide Web. Since its start up, Skyline has won a...

Business leaders hail £8.5m technology centre

Business leaders have hailed the new £8.5 million Exeter College Technology Centre as yet another example of how the city is moving forwards.

Derek Phillips, vice-chairman of the Exeter Chamber of Commerce and Industry, said: “This college facility is a great asset for the city and should make science and engineering more popular with students, which is great. It’s what we need for the future and it’s a very good development.

“The striking design will appeal to many new students and it’s great news for Exeter.”

He was speaking as more than 100 members of the Chamber...

3 ways to use LinkedIn

For those of you that don’t already know, LinkedIn is a powerful networking site that can be used to create business opportunities, ask questions, and build credibility. In particular, it can be a brilliant tool to generate leads from high-end decision makers, especially since 39% of members are at management level or above.

As a user, you should be pro-actively using the site to ensure you are exploiting its full potential. With this in mind, we have put together 3 ways in which you can use LinkedIn to do just that.

1. Create your own group

Setting up your own...

Rights for older workers make staying on easier

Authored by Marc Astley
Posted: Tue, 10/09/2012 - 9:05am

Employers are no longer able to force older workers to retire once they reach 65 years of age following a gradual phasing out of the Default Retirement Age (DRA).

Older workers will now have more choice about when to stop working, with October 5 marking the latest possible date in which workers aged 65 can be forced to retire.

Before April 2012 employers were entitled to give between six and 12 months' notice if forcing retirement, with a possible six months extension in some cases.

The removal of the DRA comes in response to an ageing nation and the financial...

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