View The Importance of Business Forecasting

The Importance of Business Forecasting

Business forecasting is an integral part of your business plan. As part of this, financial forecasting may be required for a number of reasons: If you need funding to start up or grow, then all lenders will assess your forecasts. Seeking out a potential business partner will be made all the easier with a set…

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View Guest Blog from Granted Consultancy Ltd – Tell me more about Grant Funding

Guest Blog from Granted Consultancy Ltd – Tell me more about Grant Funding

What are the benefits of grant funding? Grant funding has the ability to unlock projects and significantly accelerate project timeframes. There are two main types of grants – Capital/Business Growth grants and R&D grants. Using Business Growth grants enables bigger, more impactful projects to be realised by covering capital expenditure e.g. buildings or machinery, with…

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View Poland – The Gateway to the European Market Post-Brexit

Poland – The Gateway to the European Market Post-Brexit

Since 1992, the Polish economy has enjoyed uninterrupted growth and has become a key European success story – a crossroad of European trade and transport routes. Furthermore, Poland is one of very few countries that has retained its stability throughout the economic crisis. One of the key factors that drive the economic growth include private…

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View EFM Associate Guest Blog – Preparing your manufacturing business for 2021

EFM Associate Guest Blog – Preparing your manufacturing business for 2021

At EFM we like to get our Associates to share their thoughts and experiences with certain sectors and activities to demonstrate to business owners how best they can support their companies through their flexible, part-time financial management expertise. Sharing her career experiences, Associate FD Linda Harvey, will be discussing her thoughts around the manufacturing sector…

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View Let EFM help you tackle the challenges of year end

Let EFM help you tackle the challenges of year end

2020 has been a turbulent year for businesses. The world is in a state of crisis with the covid-19 pandemic crippling businesses and causing heartache for business owners. All of this uncertainty is affecting SMEs to the point where they will have to make the decision of keeping the business open, fully or scaled back,…

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View In-House vs Outsourced – What’s the best option for my SME?

In-House vs Outsourced – What’s the best option for my SME?

Accounting is essential for every business, and there are many opinions on the right ways to find the services needed to stay afloat. If you’re just starting up or can see that your accounting systems need maintaining, what is the right approach? You can recruit an in-house accountant or consider hiring an outsourced specialist. The…

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View What is the end goal of a business plan?

What is the end goal of a business plan?

How can you formulate an idea, create a business and then run it if you haven’t got any specific plans to work from? Creating a business plan is no easy task. It can be made simpler and more effective by working through it with an advisor. Ultimately getting your thoughts down on paper will prove…

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View Tis the season to get some finance support

Tis the season to get some finance support

2020 has been a turbulent year for businesses. With a vaccine now in play for Covid-19, there is finally a glimmer of hope for the populous. However, the winter months can still see an increase in illness rates, which will inevitably take staff out of work for unscheduled periods of time. Many employees may take…

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