Work closely with one of our Finance Directors to discuss a specific point of financial concern. 

This is an opportunity to take a close look at an area of financial concern. 

For example: 

• Should you go ahead with your annual insurance renewal? 
• Are you unsure how to price a new contract or how much money it may make? 
• Are you uncertain whether to hire a member of staff and what the cash and cost implications maybe? 
• Is your funder/lender speaking to you in a foreign language? 
• Are you worried you may not be able to pay the wages at the end of the month, or VAT for this quarter? 
• Are you frustrated that your accounting information is late or wrong? 

This offers you access to a Finance Director/ Board Advisor for half a day in a month. 

• Do you have more complex issues? 
• Would you like help with a funding application or knowing where to look for funding? 
• Would you like help understanding employee benefits packages? 
• Are you uncertain how to source the right accountant? 

Deliverables 

You will get two one-hour, face to face video meetings per month, plus email follow-ups with a highly experienced EFM Finance Director, providing: 

• A sounding board for key decisions,
• Financial support, 
• Strategic planning, 
• Input into specific aspects of the business, 
• Mentoring and guidance. 

For international businesses starting up a UK subsidiary, this package includes a combination of key solutions. 

Services will include: 

• Preparation of group reporting pack, 
• Preparation of UK payroll and UK pension auto-enrolment, 
• Financial management reporting, 
• Forecasting and relevant financial analyses. 

(* exact cost depends on size and complexity) 

Deliverables 

• Processing of accounting data on one of our Cloud-based accounting solutions, (e.g. Xero) 
• Preparation of payroll for up to 5 UK staff, 
• Calculations of pension auto-enrolment costs, 
• Preparation and filing of VAT returns 
• Production of a simple monthly financial management accounts pack, with commentary completed by an agreed monthly deadline, 
• Plus email and telephone support with the parent company. 
• Other analysis relevant to the business e.g. variances against budget, reporting of key ratios, and completing group reporting packs can be provided. 

(*depending on size and complexity) 

This regular package includes the production of monthly financial management accounts and a written commentary from a completed trial balance. It is completed by an agreed deadline every month. 

Included in this monthly pack is email and telephone support for your team members. 

Deliverables 

• A monthly financial management accounts pack 
• Commentary from a completed trial balance 
• Completed by an agreed deadline every month. 
• Plus email and telephone support for your existing team members. 
• Other analysis relevant to the business. e.g. 
  – variances against budget, 
  – reporting of key ratios, 
  – tracking against financier covenants, 
  – other reporting requirements.