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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Exeter law firm makes a splash with Water Babies MBO

Browne Jacobson has advised Water Babies Group, the world’s largest baby & toddler swimming company, on a management buy-out (MBO) of the business. Corporate law experts, alongside experts from the national firm’s banking team, advised management on the MBO. Momentum Corporate Finance acted as lead advisors. The deal was also supported by Coutts & Co. Started in 2002, Water Babies delivers one of the world’s largest professional baby and toddler swimming programmes teaching over 41,000 clients a week through a network of 60 franchise outlets in four countries: UK, Ireland,...

Everys continues its support of the Cockles

Authored by Everys
Posted: Fri, 09/19/2014 - 9:01am

Everys Solicitors has signed an agreement to continue its s support of Exmouth RFC, also known as the Cockles.

The firm, which has an office in Church Street, has extended its sponsorship of the first team into the 2014/15 season.

The Everys logo is sported on the club’s training tops and the firm also benefits from a ground board, programme advert and hospitality lunch.

Everys’ commercial law consultant John Hawkins met up with Exmouth RFC players to mark the deal.

He said: “We are a firm with real roots on Exmouth with our branch office offering a full...

Exeter solicitor celebrates 35 years

Exeter-based solicitor Andy Harris is celebrating his 35th anniversary at Veitch Penny solicitors this month.

Crediton born Andy joined Veitch Penny in 1979 after a chance meeting in Exeter with his childhood friend and ex next-door neighbour, Michael Penny. Andy had just returned from qualifying in Bristol and was heading to a job interview when he bumped into his old friend in the High Street. It turned out Michael was in the process of opening a new office in Exeter and looking for someone to join him.

35 years later Andy is still there - now a long term partner and head...

Exeter BID launches new website

As the Exeter Business Improvement District (BID) reaches the next stage in its campaign, a brand new website is being launched that is a one stop shop for news, case studies and information about the proposed BID for Exeter.

The website will also play host to the BID business plan which will show businesses in the BID area what the proposed initiative’s funds could be spent on.

The website will play a key part to the campaign, ensuring voters and others in the BID area will be able to obtain all the information needed to make an informed vote early in 2015.

The...

Chiefs add brawn to Big Four campaign

South West Communications Group (swcomms) has leveraged its position as main sponsor of Exeter Chiefs by using four of its heavy-hitting players in a new marketing campaign.

The Big Four campaign aims to give personality to its four core business products: landlines, call charges, broadband and mobiles.

The advert will make its first appearance in Exeter Chiefs’ match day programme at this Saturday’s sell-out game against Leicester Tigers at the new-look Sandy Park.

It features England international Tom Johnson, captain Dean Mumm, lock Damian Welch and back-row Don...

Corporate team expansion for leading law firm

Authored by News Desk
Posted: Wed, 09/17/2014 - 2:56pm

A leading South West law firm is expanding its corporate team in response to client demand. Stephens Scown, which has offices in Exeter, Truro and St Austell, has recruited an experienced new partner and senior associate to its corporate team. The work of the team has increased by 30 per cent over the last year. Simon Morris joins the firm as a partner. Simon’s previous experience includes with a national law firm in Bristol, as part of the corporate team, and more recently for an international law firm, where he was part of the healthcare and commercial IT teams. Simon has extensive...

Deadline looms for 2014 DEBI Awards entries

Authored by Sue Cade
Posted: Wed, 09/17/2014 - 11:24am

With entries for Devon’s foremost green awards arriving daily, the call is out for even more businesses and educational initiatives to get their own submissions underway.

The DEBI Awards are free to enter and open to any organisation, big or small, in the Devon region. Previous winners, chosen for their commitment towards environmental aims, include Ode True Food, Chunky Monkey, Naturalmat, Carbon Compost, the Arundell Arms, Fungi Futures and the Una Group.

The five categories are: Green Goods and Services, Sustainable Food, Retail, Hospitality & Leisure, Sustainable...

Top chefs judge ‘cake-off’ competition

Sixteen bakers from South West Communications Group went head to head with a charity ‘cake-off’ competition.

The ‘cake-off’ event was the latest leg of a year-long inter-departmental competition.

Two people from each of the eight teams were invited to bake either a Victoria sponge or a cake of their choice.

The judges of the ‘cake-off’ were top chefs Michael Caines, from Gidleigh Park, and Matt Mason, from Jack in the Green, plus South West Communications Group’s CEO and chairman Tony Rowe.

Mr Caines said: “A fantastic cake competition with some really...

International appointment prompts change for Space

Exeter commercial property specialists, Space, have been preparing themselves for an operation of international proportions. The firm based in Southernhay have built a reputation for providing businesses with holistic commercial property services that include property search, acquisition, lease negotiation, interior design, brand integration, refurbishment and move management. Following an exciting opportunity, the firm have been given the chance to implement their skills in a completely different hemisphere. Founder and Managing Director, Tim Wadsworth, has taken a short term contract...

Browne Jacobson expands expertise in Exeter

Browne Jacobson has appointed corporate and commercial specialist Lynne Rathbone who joins the firm’s Exeter office as a partner. Lynne joins from Exeter law firm Stephens Scown where she was a senior associate.

Lynne specialises in advising on all aspects of corporate and commercial work to public and private sector clients, with a particular expertise in corporate transactions, business sales, shareholders agreements, partnerships, joint ventures, procurement and private equity investment work.

Her public sector experience has seen her advising a variety of clients from...

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