View What is the end goal of a business plan?

What is the end goal of a business plan?

How can you formulate an idea, create a business and then run it if you haven’t got any specific plans to work from? Creating a business plan is no easy task. It can be made simpler and more effective by working through it with an advisor. Ultimately getting your thoughts down on paper will prove…

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View Managing Working Capital and Growth for Founders, Directors and Business Owners – Informed Funding Webinar – 16th July – 9:15am

Managing Working Capital and Growth for Founders, Directors and Business Owners – Informed Funding Webinar – 16th July – 9:15am

This Informed Funding (iF) Webinar is designed for businesses who are managing significant working capital requirements built up through the pandemic. Founders, Directors and Business Owners who attend this Webinar will learn how to improve their working capital management to ensure they have enough cash to trade and drive growth. The webinar will also support…

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View Why every business owner needs an exit strategy

Why every business owner needs an exit strategy

When you picture yourself in a room or building, having multiple available exits is not just a matter of convenience, it’s a matter of safety. The same applies to owning and running a business: establishing an exit strategy, a plan for eventually leaving and/or selling the business, is part of smart entrepreneurship, and lends a sense…

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View From an idea to maturity – the 5 stages of business growth

From an idea to maturity – the 5 stages of business growth

Whether you’re attempting to increase market share, improve profitability or build your team, every company is trying to grow. Unfortunately, business owners will inevitably encounter challenges and experiences that will trigger pain points and create potential barriers during the business’ growth process. In this article, EFM Growth walks you through the five stages of business…

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View Start-up business figures remaining resilient in Ireland

Start-up business figures remaining resilient in Ireland

New figures suggest that more than 5,000 start-up businesses were launched across Ireland in Q3 2019, taking the overall number of start-ups in Ireland to more than 17,000 this year. That’s according to data from business and credit risk analyst, CRIF Vision-net, which confirmed that 5,010 start-ups formed in the last quarter despite the uncertainty…

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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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