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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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 Tis the season to get some finance support

Tis the season to get some finance support

The winter months bring the dreaded flu season which will inevitably take staff out of work for unscheduled periods of time. Some employees may even believe that it’s the right time to leave their current position and look for new career opportunities. So where does this leave business owners? With a loss of staff, especially…

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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 3 reasons your business needs a Financial Controller

3 reasons your business needs a Financial Controller

Small and medium-sized business owners have a lot on their plates. Depending on the size and structure of their organisation, their responsibilities can include hiring and managing staff, developing client relationships, monitoring the company’s growth strategy, and ensuring the business remains profitable — to say nothing of managing the day-to-day operations. One of the biggest…

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View How a Financial Controller can keep your business on track and help it to grow

How a Financial Controller can keep your business on track and help it to grow

It’s not always easy to manage your finances and keep them on track. For small businesses or larger enterprises it can be helpful to get a fresh perspective on your financial activities.  Bringing the services of a qualified financial controller, as opposed to an unqualified bookkeeper or a practicing compliance accountant to your business could…

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View 5 Reasons to Talk to Your Financial Controller

5 Reasons to Talk to Your Financial Controller

There’s been an evolution in the responsibilities of the FC. Financial Controllers (FCs) are moving past the traditional financial controller remit and are playing a more strategic role in their company’s operations. According to a recent study by Ventana Research, roughly one in five FCs have a strategic influence in their companies, and that number…

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View Is your company ready for an outsourced FC?

Is your company ready for an outsourced FC?

There comes a time in the growth of every successful business where the owner starts to feel that their bookkeeping resources simply aren’t enough. If handled properly, the company’s books are clean and the integrity of their financial data is secure. Throughout the growth process, business owners find themselves wanting more from their data. Books…

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View Does my business need a Financial Controller?

Does my business need a Financial Controller?

Business owners often handle their own bookkeeping for many reasons that include fear of delegating sensitive financial information, wanting complete control and keeping staff costs lean. Those reasons, which may be valid for startups and smaller operations, grow increasingly impractical as your business grows. Some owners delegate accounting duties to trusted family members or staff,…

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