Congratulations to John Devaney on his appointment as the new President of CPA Ireland. John became a member of CPA Ireland in 1992 and was appointed to Council of the Institute of Certified Public Accountants in Ireland (CPA Ireland) in April 2012. Whilst catching up with John after the CPA Ireland AGM, he stated that…
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…
EFM Ireland is pleased to announce that our latest webinar event is now open for registrants through Iconic Offices in Dublin. Our goal is to provide a bespoke financial education to growing SMEs which will help them understand their financial challenges and provide the type of independent, experienced and trusted guidance that is so hard to…
The EFM Ireland Team is pleased to welcome on board Finance Directors Ciaran Bolger and Tom Brennan to the growing EFM Ireland network. Ciaran has over 20 years’ experience as a Chartered Accountant. He has good relationships with banks and funders, and believes regular interaction and communication is of great benefit to a company. Ciaran…
Throughout these troubling times, managing your finances is critical to all businesses, no matter how big or small. Juggling cashflow, sourcing funding and managing costs are challenges for all business owners. However, EFM Ireland has launched a support service for local business owners to call if they find themselves in difficulty, just want to talk…
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…
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…
Accounting is essential for every business, and there are many opinions on the right ways to find the services needed to stay afloat. If you’re just starting up or can see that your accounting systems need maintaining, what is the right approach? You can recruit an in-house accountant or consider hiring an outsourced specialist. The…
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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