Background Subsidiary facing closure following a poor Ofsted inspection. This resulted in the termination of certain contracts. The impact on the Group could have been significantly adverse. Challenge This was to limit the damage that the subsidiary closure would have on the rest of the Group and try and retain as much business as possible….
Pitching your business to a venture capital (VC) investor can be daunting. You’re potentially competing for a limited pool of money against a crowd of other founders with innovative ideas. And the pressure to succeed makes it easy to fumble your pitch. Even start-ups with fantastic growth potential often make basic mistakes, such as being…
The closure of debtors over Christmas will negatively impact a third (33%) of the UK’s SMEs, according to new research released today from Nucleus Commercial Finance. Unfortunately for one in 10 of UK SMEs, it means that they will struggle financially – at a time when they should be able to concentrate on planning and…
Background Management of my legal sector client expected to be significantly impacted by the global lockdown restrictions imposed by the government as a result of the Covid-19 pandemic. They believed that fees could be dropped by as much as 60% and did not have the necessary tools in place to track the impact to the…
About Oliver… An experienced accountant, Oliver Barkes has been a Finance Director for over 30 years in a variety of companies including privately owned SMEs. In addition to strategic and operational responsibilities, he has experience in fund raising, reorganisations and has carried out a number of acquisitions and disposals. As a Management Accountant and Corporate…
![View Ask Me Anything about [Why Profit Does not Always Equal Cash] with Informed Funding Webinar – 3rd December – 8:30am](https://efm.uk.com/wp-content/uploads/2019/12/From-an-idea-to-maturity-the-5-stages-of-business-growth-450x240.png "View Ask Me Anything about [Why Profit Does not Always Equal Cash] with Informed Funding Webinar – 3rd December – 8:30am")
This new Ask Me Anything (AMA) series is designed for business leaders who want to ask the ‘dumb’ and ‘obvious’ questions. Many financial professionals and investors take for granted that commonly used jargon is oftentimes poorly understood by their target audience, if at all. “Cash is like air; profit is like food. You need cash all the…
About Lee… An experienced Finance Director, Lee Oddie has over twenty years’ experience working with privately owned standalone SMEs in the UK and Europe. His experience includes the manufacturing sector with extensive knowledge in the steel processing, car exhaust, plastics moulding, and healthcare industries. With significant European experience, Lee is a commercially aware business advisor…
With the UK set to leave the EU, the results of a recent YouGov survey of SME decision makers revealed that most (55%) now feel that their businesses are prepared for Brexit. Nevertheless, almost four in ten (38%) say they feel unprepared. This figure is higher still among SMEs that import from outside the UK…
Background With the competition increasing and requirement for high volume, low cost product, the parent company took a decision to purchase a low-cost European manufacturing company to supplement the current European group’s activities. Having played a key role in the due diligence of the acquisition, I was now tasked with the integration of the new…
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