In the Autumn Budget in October 2021, Chancellor Rishi Sunak announced more than £30 billion of investment to support the current and future economy in a post-Covid world. It’s a roadmap on a grand scale – but what is its impact on SMEs? There are 6 million of them in the UK, contributing a huge 47% of…
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…
At EFM we like to get our Associates to share their thoughts and experiences with certain sectors and activities to demonstrate to business owners how best they can support their companies through their flexible, part-time financial management expertise. Sharing her career experiences, Associate FD Linda Harvey, will be discussing her thoughts around the manufacturing sector…
Business Issue Star Foods S.A. was a start up Company in Poland owned by a Greek, entrepreneurial family. The patriarch was charismatic, energetic and visionary. He had four sons who he was grooming to take over. Some were more competent than others. An informal decision making process, high priority for growth with an end goal…
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…
Many congratulations to our EFM associate finance director, Trevor Ballard, on your recent client feedback. “I knew Trevor when we both worked for AE Oscroft & Sons. I was the business advisor and Trevor was on the finance side. Trevor has a strong financial knowledge and is determined to always see a job through. Thanks…
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…
There is often confusion when discussing the roles of Accountants and Finance Directors. After all, they both work with clients and businesses to help improve their financial outlook. However, there are some key differences when it comes to how they go about achieving this. Typically, Accountants will handle financial records and reporting, and ensure their…
A Portfolio Finance Director (“FD”) is an FD who has more than one client, so someone who may work full time but for multiple companies at the same time. There are many advantages to hiring a portfolio FD. SME companies who could not otherwise afford the services of a full-time FD, can employ an FD…
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