View Eurozone Crisis: 7 Cautionary Steps For Your Business To Take

Eurozone Crisis: 7 Cautionary Steps For Your Business To Take

Many companies are starting to shift payments to month-end and longer as they wait for better exchange rates while holding onto cash reserves. This of course will cause massive cashflow problems for customers that have relied on a 30 day or shorter credit facility.  Spanish banks are also withdrawing credit from their SME clients, making…

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View Spring Clean Your Business This Spring

Spring Clean Your Business This Spring

SMEs have to take on a direct responsibility to review their business, assess their core offering as well as detect and repair cash leaks within their organisation which prevent them from maintaining a healthy bottom line. Here are some spring clean tips to enable you achieve a more effective and successful operation: Reassess your business…

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View How Healthy Is Your Business? Let The EFM Financial Health Check Tell You

How Healthy Is Your Business? Let The EFM Financial Health Check Tell You

Get a bespoke health assessment of your business with recommendations and opportunities to help meet future goals. We realise that every business is different and therefore a bespoke approach will be applied when reviewing the state of your company. Standard principles exist and whilst we will target those areas, we will also look at other…

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View Cash Falling With The Snow?

Cash Falling With The Snow?

Many business’ good intentions to make a vigorous start to the new year have been blown off course by the arctic conditions that have enveloped the country in this first week of 2010. Research in previous cold spells suggests that productivity and trade, whilst temporarily disrupted, is not seriously affected in the long term. The…

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View Half Work Here- efm’s Efficiency of Employment survey in the Herald & Post

Half Work Here- efm’s Efficiency of Employment survey in the Herald & Post

A LUTON company’s survey has proved the answer to the old joke “how many people work here?” The answer is of course, half. Outsource specialists eFinancial Management (eFM), based in Maxet House, Liverpool Road, conducted its Efficiency Of Employment Survey 2011 and found that employees in finance roles are spending only 55 per cent of…

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View EFM Sponsors University Entrepreneurs

EFM Sponsors University Entrepreneurs

The Knowledge Hub, the University of Bedfordshire’s gateway to business, has announced the winner of its annual Business Plan competition 2011. The Knowledge Hub, the University of Bedfordshire’s gateway to business, has announced the winner of its annual Business Plan competition 2011. The competition is open to staff, students and the public. An independent judging…

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View Business Growth Package for SMEs

Business Growth Package for SMEs

In November 2011, the Prime Minister announced a new growth package to help SMEs as they struggle with significant cashflow problems which seem to worsen as the economy gets harsher, the Eurozone crisis deepens and SMEs themselves remain reluctant to get help. While some question the impact this will have on an already suffering and…

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View National Minimum Wage Rate Changes Has Now Changed. Are You Compliant?

National Minimum Wage Rate Changes Has Now Changed. Are You Compliant?

Almost every UK worker over compulsory school age is legally entitled to be paid at least the National Minimum Wage. This is obligatory regardless of any working conditions and agreed terms. Entitlements are due… whether the worker is paid monthly, weekly, in cash or by other means. whether the worker works full-time, part-time or in…

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View SME Accounting Rules May Change In Next Couple Of Weeks

SME Accounting Rules May Change In Next Couple Of Weeks

New European Directives Could Change Financial Reporting Requirements For Small Businesses. Annual accounts could be simplified for the smallest companies and financial reporting requirements could be reduced in 5 major areas including: accounting policies; guarantees, commitments, contingencies and arrangements not recognised in the balance sheet; post-balance sheet not recognised in the balance sheet; long-term and…

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