View The EFM approach to supporting businesses through difficult times

The EFM approach to supporting businesses through difficult times

Due to the current climate, business owners across the UK and Ireland, are likely to have had to make staff cuts including reducing finance team headcount in order to keep their businesses afloat. When you’re trying to save every ounce of cash in the business, and business volumes are under pressure, aligning people resource to the new activity level and transferring fixed costs into variable costs will help you…

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View Associate Blog: Re-shaping the future of SMEs

Associate Blog: Re-shaping the future of SMEs

In this article, we hear from ex CPA Ireland President and EFM Ireland Finance Director, John Devaney, as he discusses his time as CPA Ireland President and how SMEs have adapted throughout the pandemic. When I accepted the support of my colleagues on Council and agreed, in February 2020, to be the next CPA President,…

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View Is your business’s ‘new normal’ a daily fight for survival?

Is your business’s ‘new normal’ a daily fight for survival?

If so, put EFM’s turnaround experts in your corner says Pat Lavelle, EFM business turnaround specialist After more than 12 months major disruption, many companies are looking forward to getting back to some degree of normality. But as a result of the pandemic, or longer-term underlying business health issues, many businesses’ ‘new normal’ is a…

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View Limerick based Finance Director, Kevin Kelly,  joins the EFM Ireland Network

Limerick based Finance Director, Kevin Kelly, joins the EFM Ireland Network

About Kevin… An experienced Finance Professional, Kevin Kelly FCPA, has over 20 years of experience working in and with technology, professional services, not for profits, social enterprises & creative SMEs. He is a trusted business advisor and has extensive experience in helping small businesses scale with his expertise in financial management, business planning, development, and…

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View Financial review for Dublin based family restaurant

Financial review for Dublin based family restaurant

Background I was approached by a small restaurant company operating in the Dublin area. The company has been in existence for approximately 25 years and during that time had built sales up to €1.3m and had a relatively strong balance sheet with healthy reserves. As a result of lockdown the company’s customers, tourists, office workers,…

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View Dublin based FD, Tom Brennan, joins the EFM Ireland Network

Dublin based FD, Tom Brennan, joins the EFM Ireland Network

About Tom… An experienced financial professional, who has operated in a variety of senior management roles in Ireland and internationally. Tom has worked in a variety of industries from earthmoving equipment, FMCG’s to greeting cards. Always willing to take on new challenges in the business environment. Took on major initiatives in the area of Business…

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View Guest Blog from Purbeck Insurance – Personal Guarantees required under the COVID Recovery Loan Scheme

Guest Blog from Purbeck Insurance – Personal Guarantees required under the COVID Recovery Loan Scheme

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…

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View Associate Guest Blog – How to set up an international subsidiary

Associate Guest Blog – How to set up an international subsidiary

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…

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