View Is the Skills Gap Leaving a Hole in Your Finances?

Is the Skills Gap Leaving a Hole in Your Finances?

  This year seems to be the year of shortages – petrol, food, toys– when will it end? But it’s the skills shortage that has been front of mind in many UK and Irish businesses since long before the pandemic – and finance is a key area of concern in this respect. As far back…

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View Cost Control – “A budgeted cost is certain, budgeted income is uncertain”

Cost Control – “A budgeted cost is certain, budgeted income is uncertain”

Blog article from our Associate Finance Director Simon Finbery.  Cost Control – “A budgeted cost is certain, budgeted income is uncertain”. These were the wise words shared with me early in my career, and they ring true today whether I’m putting together a budget or business plan. While of course a business needs to invest…

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View EFM Finance Director, Neil Outram, shares his story of founding a business

EFM Finance Director, Neil Outram, shares his story of founding a business

EFM associate Neil Outram shares his story of founding a business, an experience that enables him to deliver the most practical and commercial support to entrepreneurs as their finance director. In this first article, Neil explains the process he followed in acquiring The Little Gym franchise and growing the business during its first 12 months…

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View Shropshire based Finance Director, Martin Allen, joins the EFM Network

Shropshire based Finance Director, Martin Allen, joins the EFM Network

About Martin… A career spanning property, construction and banking sectors operating in a CFO/COO capacity. Significant experience in dealing with the challenges that both rapid growth and organisational change pose to an organisation whilst maintaining a focused commercial mindset. A qualified FCCA by profession, Martin has worked internationally and has significant experience in driving efficiencies…

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View Is your business’s ‘new normal’ a daily fight for survival?

Is your business’s ‘new normal’ a daily fight for survival?

If so, put EFM’s turnaround experts in your corner, says Pat Lavelle, EFM business turnaround specialist After more than 12 months major disruption, many companies are looking forward to getting back to some degree of normality. But as a result of the pandemic, or longer-term underlying business health issues, many businesses’ ‘new normal’ is a…

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View Guest Blog from Quantuma – The return of the hospitality and leisure sector

Guest Blog from Quantuma – The return of the hospitality and leisure sector

The UK’s hospitality and leisure sector has been severely damaged by the pandemic in a number of ways, including the ‘stop-start’ nature of lockdowns. There may be a high level of pent-up demand for restaurants, bars and hotels once ‘normality’ returns. But will our old favourites still be there? Managing Director, Graham Randall, one of…

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View The EFM approach to supporting businesses through difficult times

The EFM approach to supporting businesses through difficult times

Due to the current climate, business owners across the UK and Ireland, are likely to have had to make staff cuts including reducing finance team headcount in order to keep their businesses afloat. When you’re trying to save every ounce of cash in the business, and business volumes are under pressure, aligning people resource to the new activity level and transferring fixed costs into variable costs will help you to…

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