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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View When is the right time to hire a Finance Director?

When is the right time to hire a Finance Director?

You’ve launched your business, sales are growing at a healthy rate, customers are lining up and there may even be interest being shown in international markets.  You should be basking in the light of your success, but instead you have so much to do, it’s hard enough to find 15 minutes to grab a sandwich…

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View How Finance Directors are adopting disruptive technologies

How Finance Directors are adopting disruptive technologies

Technology is changing the role of the finance director in all types of businesses, as automation and artificial intelligence spread into every function. As a result, finance personnel need to learn new skills and retain their ability to add worth to the business. Advances in new technologies — such as the cloud, analytics, mobility, artificial…

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