Do you recognise any of these 7 signs?
- Is there a hardcore of debt, which never seems to reduce? Significant debtor balances aged beyond 90 days in your sales ledger?
- Is your business on stop and do you have to purchase goods on a proforma basis? Reduced credit worthiness?
- Difficulties in meeting your monthly/quarterly commitments to PAYE, NI and VAT and the ensuing fines and penalties?
- Inability to get accurate and timely financial performance data?
- Unsure about which products and services make you money?
- Pressure from your business bankers, factoring or finance house to restructure or reduce their facilities with you?
- County Court Judgements (CCJs), notice of impending legal action, complaints from suppliers over late payments and consequent breaches of your business credit limits?
What will an EFM Financial Healthcheck tell you?
- We review the efficiency of your business and detect possible cash leaks that could result in declining profits for your business.
- We offer impartial, expert advice about your true financial situation and alert you on areas that need urgent attention. This comprehensive Healthcheck is a brilliant start towards effective financial management.
- We realise that every business is different, so we take a bespoke approach when reviewing the financial condition of your company. Standard principles exist and whilst we will target those areas, we will also look at other unique performance indicators within your business that need urgent attention.
Take our healthcheck below: