View The EFM approach to supporting businesses through difficult times

The EFM approach to supporting businesses through difficult times

Due to the current climate, business owners across the UK and Ireland, are likely to have had to make staff cuts including reducing finance team headcount in order to keep their businesses afloat. When you’re trying to save every ounce of cash in the business, and business volumes are under pressure, aligning people resource to the new activity level and transferring fixed costs into variable costs will help you to…

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View A Life in the Month of a Portfolio Finance Director

A Life in the Month of a Portfolio Finance Director

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. Stepping out of a full-time role and into the position of a flexible, part-time Finance Director brings many advantages to the Associate. They will no longer be tied to one…

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View Sheffield based Finance Director, Neil Booth, joins the EFM Network

Sheffield based Finance Director, Neil Booth, joins the EFM Network

About Neil… An experienced Finance Director, working in PE/VC and privately owned companies. Neil has held both board and team leader roles in organisations from £6m to £60m turnover. He understands the responsibility to be part of two-way communication with all stakeholders. Neil is always looking to improve the information from the finance team and…

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View What to Look for When Hiring Outsourced Accounting Services

What to Look for When Hiring Outsourced Accounting Services

It’s no surprise to hear that good financial tracking will have an impact on the success of your company. Managing the way the money is flowing in and out of your business will affect cashflow and other important aspects of operations. Too often, entrepreneurs don’t have the necessary professional training, which is why they turn…

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View How an EFM Finance Director can support your SME

How an EFM Finance Director can support your SME

You might think a Finance Director’s role is confined to traditional finance activities, but today’s FD can do so much more than count beans. In the past, an FD’s responsibilities might have been confined to high-level accounting such as providing timely financial statements and monthly management reports, managing investments and expenses, monitoring cash flow, and…

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View Gary’s Golden Nuggets: Euros, dollars and sense – foreign currency

Gary’s Golden Nuggets: Euros, dollars and sense – foreign currency

Many companies do not have foreign currency expertise in house, often relying on their high street bank to help them when a transaction arises. Our experience suggest that better rates, service and zero transaction costs can now be obtained through specialist brokers, hence boosting profits as a result. Due to the complexities of this area,…

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