An increasing number of SMEs are able to grow whilst keeping a careful eye on overheads by using the flexibility and agility of insourcing key functions such as financial management. Routine finance and accounting services such as payroll and bookkeeping are regularly outsourced, but increasingly the more commercial areas of financial management, such as the…
Purbeck Personal Guarantee Insurance, provider of the UK’s only Personal Guarantee Insurance to SME business owners and directors has welcomed the new Government backed Recovery Loan Scheme launching in April 2021[i] but fears many small business owners will agree to providing a Personal Guarantee for loans over £250,000, without fully understanding the risks and how…
For any company contemplating expanding into a new market, the advantages and disadvantages of setting up a branch or foreign subsidiary will depend on the business opportunities, as well as the cultural and regulatory climate of the specific country. There are challenges associated with overseas expansion, and while some business issues are universal, such as…
EFM is delighted to host a BITA webinar this month on “Communicating with your stakeholders on financial matters: what you need to know”. During such challenging times communicating with your stakeholders is more important than ever. But what are the things you need to know and consider when talking about financial matters ? There is…
What are the benefits of grant funding? Grant funding has the ability to unlock projects and significantly accelerate project timeframes. There are two main types of grants – Capital/Business Growth grants and R&D grants. Using Business Growth grants enables bigger, more impactful projects to be realised by covering capital expenditure e.g. buildings or machinery, with…
Many congratulations to our EFM Associate Finance Director, Will Mundow, on your recent client feedback. “Will instantly understood the industry and the situation that CSL were in throughout the pandemic. He really understood the sector that we operate in, which enabled Will to hit the ground running, which was really important to us as we…
2020 has been a turbulent year for businesses. The world is in a state of crisis with the covid-19 pandemic crippling businesses and causing heartache for business owners. All of this uncertainty is affecting SMEs to the point where they will have to make the decision of keeping the business open, fully or scaled back,…
About Sean… An experienced Senior Financial Specialist – Sean Finn has extensive experience in businesses ranging from owner managed SMEs, financial services multinationals with worldwide operations and state-owned commercial enterprises. Sean has proven skills in managing financial & management reporting systems, business process review & improvement and stakeholder management. He believes that a Senior Financial…
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…
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