View R&D Tax Credits – Identifying an eligible claim

R&D Tax Credits – Identifying an eligible claim

The Government’s R&D Tax Credit scheme, an extremely successful initiative that has been running for the past two decades, is open to any company investing time and money in new products or processes that meet HMRC’s definition of R&D. Research and development (R&D) Tax Credits represent a generous government tax relief incentive, as firms can…

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View Systems implementation support for manufacturing firm

Systems implementation support for manufacturing firm

Background An immediate need arose to undertake the FD role on an interim basis whilst the business carried out a detailed recruitment exercise to identify and select a suitable candidate to project manage a major systems implementation project. The Group Director responsible for arranging cover was already aware of EFM’s ability to provide a range…

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View Why financial forecasting is vital for your small business

Why financial forecasting is vital for your small business

Forecasting is extremely important for any business, but unfortunately, many small businesses do not conduct this process. Business owners are often, quite understandably too busy solving problems and searching for the next sale and do not make time for forward thinking. But in order to identify new opportunities and stay ahead of the competition, small…

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View How Covid-19 is Reshaping Bookkeeping and Accounting

How Covid-19 is Reshaping Bookkeeping and Accounting

As we know, the Covid-19 pandemic is significantly impacting all aspects of society, reshaping how we live, work and play. In the business world, the pandemic is driving seismic shifts in the operational approach and strategies of many industries. The bookkeeping and accounting sector is experiencing these shifts in the form of new working paradigms,…

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

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. “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…

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View A Life in the Month of a Portfolio Financial Controller

A Life in the Month of a Portfolio Financial Controller

At EFM we like to get our Associates to share their client activities and why the portfolio lifestyle is so beneficial to their personal lives as well as the clients they work with. Stepping out of a full-time role and into the position of a flexible, part-time Financial Controller brings many advantages to the Associate….

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View The Importance of Business Forecasting

The Importance of Business Forecasting

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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View Guest Blog from Granted Consultancy Ltd – Tell me more about Grant Funding

Guest Blog from Granted Consultancy Ltd – Tell me more about Grant Funding

What are the benefits of grant funding? Grant funding has the ability to unlock projects and significantly accelerate project timeframes. There are two main types of grants – Capital/Business Growth grants and R&D grants. Using Business Growth grants enables bigger, more impactful projects to be realised by covering capital expenditure e.g. buildings or machinery, with…

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