View Clarity on cashflow for Irish retail chain

Clarity on cashflow for Irish retail chain

Business Issue: A retail chain in Ireland was losing money and had run into cashflow problems. Their suppliers were no longer prepared to supply goods on credit and all purchases had to be paid for in cash before delivery. The company’s staff retention had also become a major problem. Background: The retail firm owned and…

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View Essential actions to take for ‘no deal’ Brexit scenario

Essential actions to take for ‘no deal’ Brexit scenario

In September 2018, the UK Government wrote to business owners, that specifically import & export goods with the European Union, to announce that if the United Kingdom left the EU without a deal, on the 29th March 2019, there would be immediate changes to the way company’s trade with other businesses across the EU. The…

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View How can I prepare my company for MTD?

How can I prepare my company for MTD?

The digital transformation of taxation in the UK is fast approaching. The Government approved “Making Tax Digital” initiative is set to revolutionise the way UK company tax is recorded, assessed and reported. With accounting software leaders like XERO and QuickBooks leading the way in MTD software tools, business owners now need to think about how…

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View Tis the season to get finance support

Tis the season to get finance support

With Christmas just around the corner, people across the UK are now beginning to take time off from work for an early & extended Christmas holiday. The winter months also 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…

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View Pain Points: What’s keeping company owners awake at night?

Pain Points: What’s keeping company owners awake at night?

Entrepreneurs and business owners are known to be innovative, focused and highly motivated by nature, consistently nurturing their skills and talents to drive their business model. However the path to success can be rocky and doesn’t come without its challenges. Successful entrepreneurs quickly identify their pain points, the financial impact and implement plans to overcome…

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View Why your business needs a financial controller

Why your business needs a financial controller

Business owners contend with a great many responsibilities and have to deal with a lot of different routines and processes to run their company successfully on a daily basis. The truth is that none of us are perfect at all aspects of running a company. When you’re a small business that’s just starting out, you…

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View The EFM Ireland team is growing – welcome Patrick Lavelle

The EFM Ireland team is growing – welcome Patrick Lavelle

About Patrick… An experienced Finance Director – Patrick Lavelle has been the Finance Director or CFO in businesses ranging from start- ups to family owned businesses and up to multi national companies with operations across the globe. As Finance Director he has led large teams across multiple locations and has a track record of implementing…

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View Entrepreneurs struggle to say farewell after selling up

Entrepreneurs struggle to say farewell after selling up

There is always going to be a close bond between an entrepreneur and their first start-up. Knowing that you have started and built something from the ground up is truly satisfying and a sign of your commitment. But there will always be a thought in the back of your mind around what comes next or…

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View Bring your own business event with Iconic & EFM Ireland | 21st November Dublin

Bring your own business event with Iconic & EFM Ireland | 21st November Dublin

EFM Ireland is pleased to announce a series of events & workshops with our partner 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 find or too expensive…

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