EFM supports BITA with strategic financial forecasting throughout Covid-19

The British Irish Trading Alliance (BITA) President, Paul Whitnell, recently provided EFM with a testimonial for the work we carried out throughout the early stages of the Covid-19 lockdown.

EFM-supports-BITA-with-strategic-financial-forecasting-throughout-Covid-19

“BITA has been faced with a very daunting task of continuing as an organisation during such difficult times. What EFM did for us was to help us with our financial forecast and created a vision for us to see clearly how BITA can survive in these challenging times.

Its important for any business now to know how to go forward. EFM has been fantastic in creating a template for us to understand our vision and forecast for the future of our organisation”.

Paul Whitnell, President, BITA (British and Irish Trading Association)

About BITA

The British Irish Trading Alliance is a non-profit making organisation that encourages its members to build relationships to generate business through exciting networking, educational and social events held in both countries. Their belief is that they can help more people and influence further; as a collective group.

EFM are platinum sponsors of BITA and have been now for over a year. We work closely with the organisation through joint collaborations such as presentations and webinars, offering 1-2-1 strategic guidance to BITA members and competitive financial management solutions to remedy any pain points keeping business owners awake at night.

Throughout the first lockdown, EFM reacted quickly alongside BITA and launched a Covid-19 hotline support service for local business owners and BITA members to call if they found themselves in difficultly or if they just wanted to talk to an experienced finance professional about their options and needed quick support.

As we endure the third lockdown, business owners are encouraged to continue to use the Covid-19 call back service to:

  • Discuss with a professional their financial current issues
  • Discuss ways of forecasting and managing current cashflow challenges
  • Discuss ways of accelerating income and cash into the business
  • Discuss ways of managing and prioritising costs and cash expenditure out of the business
  • Discuss the various government schemes currently available
  • Understand some of the personal implications of taking on debt and continuing to trade and the practical implications of using the wrong type of finance to fund their business
  • Discuss other sources of funding that might be available for their business

Whatever difficulties you are currently facing in your business, our Covid-19 Call Back Service is designed to give you quick and practical guidance so that you are better informed and make the right choices for your business.

This bespoke financial consultation can help you with the type of independent, experienced and trusted guidance on financial challenges that is so hard to find or too expensive to consider.

How does it work?

Send an email to the address below and one of our EFM Experts will be in touch within 24 hours.

What does it cost?

This is a free service for BITA Members for a 30-minute call back. If as a result of the call, you feel you need any additional support including more detailed analysis, help with forecasts, applications, etc. we would be pleased to tailor a price package for you.

Your time is precious and in this current environment when you have multiple business challenges and staff shortages, speaking to a specialist and outsourcing your financial management to an experienced team is critical. To find out more, please get in touch with the EFM team via clientcare@efm.uk.com or call 01582 256122.