Throughout this time of uncertainty, the EFM team would like to share some practical guidance and support with our readers to ensure your business stays strong and above the water throughout the pandemic. This week, EFMs Group Managing Director, Finance Director and Growth Partner, Gary Jesson, shares his tips around improving your cashflow management. Every…
About Simon… Simon Finbery qualified as a Chartered Accountant in the United Kingdom and, after completing five years in practice, worked in a number of senior finance and Director of Finance roles within the financial services industry. He is especially experienced in developing strong financial and business controls and processes, business partnering, cash flow forecasting…
When business owners operate with a growth mindset, they seek challenges and embrace failure as a positive part of the learning to grow process. By leading with a growth mindset, business leaders also cultivate and encourage a mentality of growth in their companies, encouraging their employees to go the extra mile and learn with a…
Many congratulations to our EFM associate finance director, Trevor Ballard, on your recent client feedback. “I knew Trevor when we both worked for AE Oscroft & Sons. I was the business advisor and Trevor was on the finance side. Trevor has a strong financial knowledge and is determined to always see a job through. Thanks…
Your company trades with customers and suppliers based in the EU. Although the final outcome of the Brexit trade deal is uncertain, sterling and euro volatility remains a key risk for UK businesses. How can you mitigate it? Importing and exporting Every overseas transaction involves a risk to your business, whether you are exporting or…
Management of cashflows, especially receipts from customers, is a major headache for SMEs and one of the biggest causes of small business failure. You can help yourself to manage cashflow by adopting effective invoicing strategies and getting financial help to avoid a cash crisis. Here are four expert tips on how to keep cash coming…
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…
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…
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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