Business Daily

Exeter financial experts Old Mill has acquired Yeovil-based family accountancy firm Ivan Rendall & Co.

Established in 1956 by Mr Ivan Rendall, Rendalls is one of the longest-established accountancy firms in Yeovil and services businesses of all sizes and across a wide range of sectors including agriculture, construction, manufacturing and retail. It is currently run by Ivan’s youngest son Stephen, 61, who has been managing director since 2011.

Stephen needed to find a new home for the business if he was to be able to retire and chose Old Mill because of its people-...

Most companies in the South West are set to increase their investment in technology following the challenges of the Covid-19 pandemic.

A survey carried out by Exeter-based IT support and tech strategy experts Timewade has revealed that nearly two thirds (63%) of companies have increased investment in the short term to deal with challenges including remote working, cyber security and protecting data, and 50% will continue to increase investment beyond the next 12 months.

The survey also reveals the technology and business challenges faced during the pandemic in the region...

Small local businesses look set to thrive after lockdown as shopping habits have shifted fundamentally across the UK due to the Covid-19 pandemic.

According to a survey by Barclaycard , 90% of people who started shopped locally intend to continue shopping at local businesses after the pandemic is over.

Travel and lockdown restrictions have led to fundamental changes in the way we shop over the last year. Over 60% of consumers in the UK have opted to support their local economy and shop locally in the past 12 months.

This has led to an increase in spending at...

Generally, market research involves collecting, analyzing, and interpreting data concerning a specific target market. This market could include products, competitors, consumers, or an entire industry. The primary reason organizations conduct research is to optimize resources such as the time and money they invest in the product development strategy. They also conduct in-depth research to uncover their product-market relevance or even expand their overall target audience.

In-depth marketing research can help companies figure out their product-market fit and identify specific areas...