What prompted Paul Durno – a seasoned, senior finance professional with over 25 years’ experience, latterly with a US bank in London – to leave the Canary Wharf behind and instead join EFM’s nationwide network of independent Finance Directors, CFOs, and other experts? How easy was the onboarding process, what have the positive outcomes been,…
General How is being a portfolio Finance Director different from being an interim? An interim FD is usually brought in to provide temporary help to one specific business that has a finance-related issue and needs to get back on track or wants support to hit a specific business goal. A portfolio FD, on the other…
The employment market has been turned on its head by Covid 19, and the media is awash with its consequences. As many employees pursued new opportunities made more urgent and more lucrative by the pandemic, a labour shortage has effectively been created in many industries, and employers are having to offer much higher salaries to…
You may have seen recently that the chairwoman of the John Lewis Partnership, Dame Sharon White, called out one of the most alarming features of the post-pandemic economy: an exodus of over-50s who left the workforce during Covid – an outflow that, in turn, is fuelling wage inflation. The UK has seen one million people,…
For Finance professionals looking for freedom in their work, a better work-life balance, and opportunities to be involved in projects and roles that really interest them, the likelihood is that being in a full-time post for one employer just isn’t going to deliver the goods. But how do you make the leap from a respected…
At EFM, we pride ourselves on delivering Finance expertise that “moves the needle”, providing as much or as little advice and execution as is needed to help take our SME clients’ businesses to a position of growing strength. And when our associate Tony Williams got the call from Bedfordshire-based B2B marketing communications agency, BCM, to…
A successful business must be able to move and adapt at speed, and in today’s highly digital business environment, this means making up-to-date, shareable, analysable data instantly accessible through systems and tools that all talk to each other. But the fact of the matter is that often, with so much else going on day-to-day, business…
While ‘pay-as-you-go’ financial management services have grown in popularity over the last few years, it’s not new to us. At EFM, we have been providing businesses with an affordable way to have an experienced financier working in their business for over 20 years. We’re proud of the work our associates do, whether it’s project work…
At a glance Long-established company needing full financial support and a sound exit strategy. Successfully delivered detailed business plans, management accounts, cash flow analysis/forecasts, and tax-efficient methods of withdrawing earnings. Refinancing deal and an additional £300k loan finance were negotiated, enabling a smooth transition for the business. A successful management buy-out and subsequent trade sale…
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