View Financial Forecasting for Business Owners, Founders and Directors – Informed Funding Webinar – 11th June – 9:15am

Financial Forecasting for Business Owners, Founders and Directors – Informed Funding Webinar – 11th June – 9:15am

This Informed Funding webinar is designed for business leaders who wish to learn how to approach short to medium term financial forecasting in an uncertain and challenging consumer and economic environment. Learn from our senior business advisors, finance directors, venture capitalists and business mentors. Click here to register for the webinar event. The webinar will…

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View Improve cashflow by categorising your supplier base into three areas

Improve cashflow by categorising your supplier base into three areas

Throughout this time of uncertainty, the EFM team would like to share some practical guidance and support with our readers to ensure your business stays strong and above the water throughout the pandemic. This week, EFMs Group Managing Director, Finance Director and Growth Partner, Gary Jesson, shares his tips around improving your cashflow management. Every…

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View How can I avoid small business failure?

How can I avoid small business failure?

Management of cashflows, especially receipts from customers, is a major headache for SMEs and one of the biggest causes of small business failure. You can help yourself to manage cashflow by adopting effective invoicing strategies and getting financial help to avoid a cash crisis. Here are four expert tips on how to keep cash coming…

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View What is the end goal of a business plan?

What is the end goal of a business plan?

How can you formulate an idea, create a business and then run it if you haven’t got any specific plans to work from? Creating a business plan is no easy task. It can be made simpler and more effective by working through it with an advisor. Ultimately getting your thoughts down on paper will prove…

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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 Four Reasons Successful Businesses Borrow Money

Four Reasons Successful Businesses Borrow Money

It’s common for a business to be in some form of debt and borrowing money to make money isn’t a new idea. Here are four reasons why borrowing money for business is not just a fact of business life but a smart choice. 1. Costs need to be paid  Every business needs some form of investment before it can begin trading. This could be something as…

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View Common Cash Pitfalls for Business Owners to Avoid

Common Cash Pitfalls for Business Owners to Avoid

Cashflow matters at all stages of business ownership. Whether you are trying to get a new business venture off the ground, or you’ve been in business for years, it is common to run into cash problems that can drain your company account. However, these problems can be avoided if you are practical with your financial…

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View How to pitch your business to VC investors

How to pitch your business to VC investors

Pitching your business to a venture capital (VC) investor can be daunting. You’re potentially competing for a limited pool of money against a crowd of other founders with innovative ideas. And the pressure to succeed makes it easy to fumble your pitch. Even start-ups with fantastic growth potential often make basic mistakes, such as being…

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