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:

Exeter firm Plantabox shortlisted for Smarta Award

The Smarta 100 – a shortlist of the UK's brightest, savviest small businesses – have just been revealed, and included is a fantastic small business from Exeter: Plantabox http://www.plantabox.co.uk / .

Plantabox sells wooden handmade crates based on the original apple crate design for storage, toy boxes, storage crates, retail display, wine boxes, herb gardens and planters. Owned by two people from different generations, Martin and Dave believe that fast, smart and focussed decisions are the key to the success of Plantabox as a brand.

“We bought Plantabox two and a half years...

Big Wave Media recognised by Recommended Agency Register

An Exeter-based marketing agency has achieved Recommended Agency status with national body the Recommended Agency Register (RAR) .

The clients of Big Wave Media have rated the agency so highly that it now appears on the online Register; which collates client recommended marketing agencies from across the UK.

General Manager of Big Wave Media , Tom Gozna, said: “We’re really pleased to be included in the register. Our business would be nothing without our clients so it means a huge amount to be so highly rated by them.”

Each agency on the register has received at...

Stagecoach makes shortlist in top industry awards

Stagecoach South West has been shortlisted for two top honours at the 2012 UK Bus Awards, as well as being in the running to be named Britain’s best bus operator at the London awards ceremony to be held in November.

Stagecoach South West is shortlisted for the Top Shire Operator Award - the award for operators in the shire areas of the UK, covering all areas outside the major cities - the winner of which will go head to head against the winners of the Top City and Top Independent categories for the prestigious UK Bus Operator of the Year Award, which will be announced at the...

Passage House Hotel brings home bronze award

The Olympics might be over, but one local hotel is celebrating receiving a bronze award from the Green Tourism Business Scheme.

The Best Western Passage House Hotel, in Kingsteignton, received the award after putting in place a package of measures to achieve the rating from the scheme, which has been running since 1997 and is the largest and most established scheme of its type in the world.

“It was a lot of hard work, but we are really proud of it. We are very aware of our responsibilities to this beautiful area and so becoming more environmentally friendly is part of our...

SW businesses urged not to ignore pensions deadline

As large businesses start to implement their auto-enrolment pensions from 1 October, NFU Mutual, a provider of pensions and investments, is urging smaller business owners in the South West to start making plans for their own workplace pension schemes.

Steve Meredith, pensions spokesperson for leading rural insurer NFU Mutual, said: “A lot of people running small and medium businesses might think they don’t need to be concerned about auto enrolment and workplace pensions. But they only have to have one eligible employee to be affected.

“The good news is...

Exeter accountants Haines Watts get into the spirit of art

A new cocktail was created on behalf of Chartered Accountants, Haines Watts at an exclusive awards ceremony and exhibition opening at Exeter Phoenix.

Sponsors of the main £1000 award for the National Open Contemporary Art Award at Exeter Phoenix for the 7th consecutive year, the innovative accountants wanted to put a new twist on this year’s pre-view event by running a competition to name the new cocktail inspired by the artwork on display.

Over 200 artists and local business leaders attended the launch party and awards announcement of the Exeter...

Exeter Business Expo gets of to a flying start

The inaugural Business Expo ‘Business Gives Back’ held at Exeter Racecourse in aid of Devon Air Ambulance Trust (DAAT) during ‘National Air Ambulance Week’ is confirmed as a resounding success by organisers, thebestofexeter.

More than 400 delegates had the opportunity to visit local business exhibition stands and seminars presented by key-note speakers chaired by Derek Philips, with one-to-one business clinics in The Business Advice Centre. The day kicked-off with an early morning Big Breakfast chaired by Nick Agg-Manning, while Exeter Chamber of Commerce hosted a...

Another step in the right direction for Chatham

One of Britain's key marine clothing and footwear brands, Chatham Marine has announced the appointment of two key new members of staff and a considerable promotion. Joining Chatham is new sales director, Ian O’Connor, product and marketing assistant, Kathryn Lythgoe and Alex Peirce, former product and marketing assistant, has been promoted to regional sales manager.

The appointments follow a number of significant launches at Chatham this summer, including an exciting collaboration with leisure brand Raging Bull and the highly successful launch of Chatham’s innovative sail cloth...

Exeter duo scoop prestigious new industry award

Authored by skein
Posted: Tue, 09/18/2012 - 11:34pm

Exeter-based Tim Ames and co-director Emma Ames of Cathedral Financial Management (CFM) − Independent Financial Advisers & Chartered Financial Planners, have each been selected as one of the top 100 new model advisers in a prestigious new trade award. Citywire compiled a selection of advisers who represent the ‘New Model Adviser® Top 100’ in a new publication. Established in 1993 and operating from three offices in Exeter, Sidmouth and Plymouth with a turnover of £1.8 m and looking after client assets totalling £250m, CFM is no stranger to national awards. The firm previously won the...

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