Book a free 1-hour consultation with an SME-specialist Finance Director to discuss specific financial concerns.

Take one of our free online health checks to highlight any initial financial concerns. Once you have received your brief health check report, you can then request this free 1-hour consultation with a Finance Director. This is an informal discussion about one to two specific items from your health check or other concerns this may have triggered.

Deliverables

You will get specialist advice and pointers on how you can address the issues discussed.

Get in touch today

Work closely with one of our Finance Directors to discuss a specific point of financial concern.

This is an opportunity to take a close look at an area of financial concern.

For example:

• Should you go ahead with your annual insurance renewal?
• Are you unsure how to price a new contract or how much money it may make?
• Are you uncertain whether to hire a member of staff and what the cash and cost implications maybe?
• Is your funder/lender speaking to you in a foreign language?
• Are you worried you may not be able to pay the wages at the end of the month, or VAT for this quarter?
• Are you frustrated that your accounting information is late or wrong?

We’re confident that this package can be self-financing, as most of our customers quickly enjoy cost savings or efficiencies worth more than the cost of the review!

Deliverables

You will receive specific recommendations to help resolve your concern.

It’s a great way to solve a frustrating issue and get to see how we work.

This offers you access to a Finance Director/ Board Advisor for half a day in a month. 

• Do you have more complex issues? 
• Would you like help with a funding application or knowing where to look for funding? 
• Would you like help understanding employee benefits packages? 
• Are you uncertain how to source the right accountant? 

Deliverables 

You will get two one-hour, face-to-face video meetings per month, plus email follow-ups with a highly experienced EFM Finance Director, providing: 

• A sounding board for key decisions,
• Financial support, 
• Strategic planning, 
• Input into specific aspects of the business, 
• Mentoring and guidance. 

EFM's advanced Healthcheck and Profitability Review (HPR) 

Anyone can request an HPR. 

This is a more advanced assessment and is your chance to discuss your goals, your financial situation, your processes, and plans with someone objective and knowledgeable in your field. 

This 2.5-hour face-to-face session will highlight areas of opportunity as well as any potential risks during the discussion. This review is impartial and honest – you may not always like what you see as a result, but you will benefit from it. 

Deliverables 

After the meeting, we will produce a short report setting out the options and our recommendations. 

There is no obligation to appoint EFM after this initial review 

For international businesses starting up a UK subsidiary, this package includes a combination of key solutions. 

Services will include: 

• Preparation of group reporting pack, 
• Preparation of UK payroll and UK pension auto-enrolment, 
• Financial management reporting, 
• Forecasting and relevant financial analyses. 

(* exact cost depends on size and complexity) 

Deliverables 

• Processing of accounting data on one of our Cloud-based accounting solutions, (e.g. Xero) 
• Preparation of payroll for up to 5 UK staff, 
• Calculations of pension auto-enrolment costs, 
• Preparation and filing of VAT returns 
• Production of simple monthly financial management accounts pack, with commentary completed by an agreed monthly deadline, 
• Plus email and telephone support with the parent company. 
• Other analysis relevant to the business e.g. variances against budget, reporting of key ratios, and completing group reporting packs can be provided. 

This offers you a full day's support per month. 

Power start is like having your own FD or Business Advisor. The service can be taken as two half-days or as a series of shorter interactions through the month. 

Deliverables 

We keep it very focused and very structured – you will have a sounding board for key decisions, financial support, strategic planning, input into specific aspects of the business or some mentoring and guidance. 

You also get email and telephone support built in. 

(*depending on size and complexity) 

This regular package includes the production of monthly financial management accounts and a written commentary from a completed trial balance. It is completed by an agreed deadline every month. 

Included in this monthly pack is email and telephone support for your team members. 

Deliverables 

• Monthly financial management accounts pack 
• Commentary from a completed trial balance 
• Completed by an agreed deadline every month. 
• Plus email and telephone support for your existing team members. 
• Other analysis relevant to the business. e.g. 
  – variances against budget, 
  – reporting of key ratios, 
  – tracking against financier covenants, 
  – other reporting requirements.