The UK Government’s latest plan to entice over-50s out of retirement and back into work – following the devastating wave of early retirement occasioned by Covid, and generalised labour shortages across the board – has much to commend it, at least if the speculation around it is to be believed. The talk is of possible…
At a glance: A successful UK Fintech business with over 80 major blue-chip and Government clients sought funding to underpin further growth EFM’s Richard Preston was selected as outsourced CFO to manage the funding preparation Reducing debt owed to the business was critical, but so was taking over front-line credit control activities in order to…
It may still only be the beginning of the year, but fast-forward for a moment to the end of it, and ask yourself how you’ll know if 2023 was successful if you didn’t have a plan that defined success in the first place. Make that plan your New Year’s resolution – if you haven’t already…
The pedantic answer to the above question (and let’s face it, we all love an occasional bit of pedantry) is that in very large businesses, where there are teams of people working on financial matters, the CFO is the most senior person within the finance organisation and the FD will be the most senior accountant…
If you’re a small or medium enterprise (SME) owner, and considering an orderly move towards your business’s “Out” door in these changing and challenging times, rest assured that, as outsourced Finance Directors, we completely understand the economic pressures upon you. According to recent figures from the Office of National Statistics (ONS), in early October 2022…
For many experienced Finance professionals looking for greater freedoms in their work and personal lives than a full-time role can offer them, the prospect of becoming a Portfolio Finance Director (FD) or Financial Controller (FC) – an outsourced specialist working flexibly across multiple clients – can be a very attractive one. No more 9 –…
At a glance A thriving UK construction industry business lost its part-time Finance Director (FD) to retirement at short notice – a replacement was urgently needed The outgoing FD recommended EFM – and Martin Allen was chosen for the role The remit had historically been narrow (accounts, budgets, etc.); Martin saw an opportunity to broaden…
Chancellor Kwarteng’s emergency budget – the Government has labelled it “The Growth Plan” – has certainly raised eyebrows, with its low-tax agenda fuelled by borrowing. But go beyond the shock of the new for the moment, and what emerges is actually an interesting approach with plenty in it to benefit businesses directly, as well as…
In a small and medium enterprise (SME), the need for growth comes with the territory – after all, nobody goes through the legwork and efforts of a business’s early days to not see revenue, headcount, profit – or indeed all three – strengthen. But a sea-change is brewing in how and why SMEs seek growth….
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