View Understanding the difference between Growth and Scaling Up

Understanding the difference between Growth and Scaling Up

Many business owners would consider their business a success if they managed to achieve a consistent level of growth. But for entrepreneurs with their sights set on taking their business to the next level, it almost certainly requires they be able to achieve scale. Knowing the difference between growth and scaling up is the key…

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View The impact advisors can have on your business

The impact advisors can have on your business

Advisors empower entrepreneurs by providing perspective. Effective advisors can help small business owners evaluate ideas and unlock the aspirations they have for the business. The key is to find someone that can challenge your thinking, share the actions you’ve taken and be flexible about how the relationship evolves. Here are EFM Growth’s top tips around…

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View Why does my company need an Accountant?

Why does my company need an Accountant?

It’s a direct question to ask, but the response might not be as simple as you’d think. Accountancy as an industry has seen significant change and growth in recent years. There are now many different types of accountants for business owners to utilise: Compliance Accountants will ensure that your end of year reports & tax…

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View 4 ways an EFM Financial Controller can support your company’s growth

4 ways an EFM Financial Controller can support your company’s growth

When it’s time to hire an FC, you’ll know that you’re no longer running a really small business, but a fast growing business. When you think back to when the company originally started up, you would have made an effort to control your numbers via a spreadsheet or a basic accounting system. But then the…

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View Business Growth and Finance – its about more than just funding…

Business Growth and Finance – its about more than just funding…

Business finance is typically discussed in terms of finding sufficient funding for the trading entity. However, for the great majority of New and Growing Companies (NGCs), the personal financial outlook for the ownership team is deeply entwined with the company – and it’s often where barriers to success arise. Business Growth and Funding Requirements For…

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View Growth kick start for Berkshire based fibre optics firm

Growth kick start for Berkshire based fibre optics firm

Background: Many businesses reach a stage in their growth, where, due to scarce resources, growth is restricted. Often that resource is cash, but interestingly in this case it wasn’t, it was the MD’s time. The MD was inextricably involved in the majority of transactions, had no time to work on growing the company and preparing…

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