View When Should Your Start-up Hire a Financial Controller?

When Should Your Start-up Hire a Financial Controller?

Every business decision made has a financial impact on your company. Whilst things like tracking revenue, staying on top of accounts payable and receivables, and administering payroll are essential to your business, non-financial transactions will undoubtedly also have an impact. While it may have been easy for the business owner to manage these various tasks when they were first starting out, it becomes increasingly…

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View How part-time FD services can benefit your company

How part-time FD services can benefit your company

Managing your finances is critical to all businesses, no matter how big or small. Juggling cash flow, sourcing funding and maximising profitability are challenges to all business owners and these are the things that a part time Finance Director can help with. This is why EFM has developed 7 key benefits around why you should…

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View Poland – The Gateway to the European Market Post-Brexit

Poland – The Gateway to the European Market Post-Brexit

Since 1992, the Polish economy has enjoyed uninterrupted growth and has become a key European success story – a crossroad of European trade and transport routes. Furthermore, Poland is one of very few countries that has retained its stability throughout the economic crisis. One of the key factors that drive the economic growth include private…

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View Do you have a conflict of interest?

Do you have a conflict of interest?

Directors can be allowed to act even if they have a conflict of interest, but the correct procedures must be followed. It’s important to get this right, as transactions can be overturned and directors held personally liable. So what do you need to know about conflicts of interest? Why distinguish between interests? Ideally, a director’s…

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View From an idea to maturity – the 5 stages of business growth

From an idea to maturity – the 5 stages of business growth

Whether you’re attempting to increase market share, improve profitability or build your team, every company is trying to grow. Unfortunately, business owners will inevitably encounter challenges and experiences that will trigger pain points and create potential barriers during the business’ growth process. In this article, EFM Growth walks you through the five stages of business…

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View Key Performance Indicators and why they’re good for any business

Key Performance Indicators and why they’re good for any business

In this blog we would like to share with you some tools that Management Accountants use which will help you analyse your own business success, giving you the information needed to plan for growth and to measure business performance. Too many businesses chug along on a day-to-day basis without being very clear on where they…

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View EFM Associate Guest Blog – Why do you need an Accountant?

EFM Associate Guest Blog – Why do you need an Accountant?

Here at EFM, we ask our Associates to share their knowledge and expertise on certain topics that can help to improve your company’s financial management. In this article, Surrey based Finance Director, Andrew Sugden, discusses why do you need an Accountant? Before considering how to operate with your accountant, it’s probably a good idea to…

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View How financial monitoring can drive your business performance

How financial monitoring can drive your business performance

When assessing the financial performance of your business, there are many critical questions that need to be answered to help reassure the business owners that the company is in a healthy and stable position. Is the business running smoothly? Is it successful, or is it failing? What parts are acting as growth drivers? In order…

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View Why Entrepreneurs Need to Outsource their Payroll

Why Entrepreneurs Need to Outsource their Payroll

Entrepreneurs are the creative spark behind every new business. Often, they are dynamic forces of nature … but there are some things entrepreneurs should leave to others. Confidence. Determination. An appetite for risk. Passion. Adaptability. The list of traits traditionally associated with entrepreneurs is long.  However, there is one thing every successful entrepreneur must acknowledge…

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