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 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 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 Turning a Crisis into an Opportunity

Turning a Crisis into an Opportunity

Background Management of my legal sector client expected to be significantly impacted by the global lockdown restrictions imposed by the government as a result of the Covid-19 pandemic. They believed that fees could be dropped by as much as 60% and did not have the necessary tools in place to track the impact to the…

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View Surviving a Crisis – What should I be doing for my Business?

Surviving a Crisis – What should I be doing for my Business?

The world is in a state of crisis with the covid-19 pandemic crippling businesses and causing heartache for business owners. Since March 2020, the United Kingdom has been faced with a varied state of lockdowns, local lockdowns and the introduction of the new tier system. All of this uncertainty is affecting SME business owners to…

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View 10 things to ensure business survival

10 things to ensure business survival

As the UK attempts to free itself from lockdown and what some expect to be the worst economic collapse in 300 years, business owners will need a clear strategy to help them emerge into what will, for many, be a very different economic landscape. For business owners who have survived so far, the hard work…

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View Identifying opportunities throughout a crisis – BITA Webinar – 22nd July – 4pm

Identifying opportunities throughout a crisis – BITA Webinar – 22nd July – 4pm

With the current covid-19 crisis creating problems for businesses across the UK, business owners and entrepreneurs must not give into the pressure throughout this difficult time. Don’t let the covid problems keep you up at night. A crisis can create opportunities for businesses. However, not all entrepreneurs will be able to spot these at first….

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View Introducing our new Covid-19 Support Hotline

Introducing our new Covid-19 Support Hotline

Throughout these troubling times, managing your finances is critical to all businesses, no matter how big or small. Juggling cashflow, sourcing funding and managing costs are challenges for all business owners. However, EFM has launched a support service for local business owners to call if they find themselves in difficulty, just want to talk to…

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View Covid-19 Support – Sticking to the plan

Covid-19 Support – Sticking to the plan

Here at EFM, we regularly ask our Associate Network to provide their insights into the current business climate and how this may affect their clients and other business owners across the UK. In this article, East Midlands based Financial Controller, Tracy Lewis, shares her views on keeping your business on track and sticking to the…

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