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…
EFM Network is pleased to announce that it has made further investment to its core operations, most notably marketing operations, to support its growing international network of associates and to extoll the benefits of outsourced financial direction for small to medium businesses. EFM is an international team of Finance Directors, Business Advisors and Financial Controllers,…
An increasing number of SMEs are able to grow whilst keeping a careful eye on overheads by using the flexibility and agility of insourcing key functions such as financial management. Routine finance and accounting services such as payroll and bookkeeping are regularly outsourced, but increasingly the more commercial areas of financial management, such as the…
Background A venture capital investor had committed seed and first round funding to a SAAS company without a finance director. The VC’s investment was contingent on an FD being appointed, while the Managing Director was oblivious to the benefits an FD could bring to his business and resistant to what he considered would be outside…
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…
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…
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…
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…
Many congratulations to our EFM Associate Finance Director, Tony Williams, on your recent client feedback. “It has to be said that not all heroes wear capes. For me Tony is approachable and has the ability to convey the information in layman’s terms. I think the key thing with Tony is that he puts things into…
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