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 Why do you need an Accountant?

Why do you need an Accountant?

Before considering how to operate with your accountant, it’s probably a good idea to consider why you would want or need to work with an accountant in the first place. When you set up in business you will suddenly find yourself with a raft of tax and accounting requirements. At the very least you’ll probably…

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View Increased number of UK SMEs setting up in Ireland

Increased number of UK SMEs setting up in Ireland

According to data from business and credit risk analysts, CRIF Vision-net, 5,010 start-ups formed in Ireland in the last quarter of 2019, despite the uncertainty surrounding the UK’s impending departure from the European Union (EU). The UK vote to leave the EU is the largest and most immediate challenge facing Irish SMEs, however this figure…

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View Save time & money – Outsource your financial management

Save time & money – Outsource your financial management

An increasing number of start-ups & SMEs are able to scale up whilst keeping a careful eye on overheads through outsourcing financial management functions. Most commonly routine finance and accounting services such as payroll and bookkeeping are outsourced, but increasingly other areas of finance can also be successfully outsourced. Outsourcing finance functions helps companies to…

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View How financial monitoring can drive your business performance

How financial monitoring can drive your business performance

When assessing the financial performance of your business, there are many critical questions that need to be answered to help reassure the business owners that the company is in a healthy and stable position. Is the business running smoothly? Is it successful, or is it failing? What parts are acting as growth drivers? In order…

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View Financing and Non-financing solutions for SME cashflow problems

Financing and Non-financing solutions for SME cashflow problems

Whatever phase your business is in, it is all too common to run into cashflow challenges.  Seasonal fluctuations can be tough (think about customer patterns around the end of year and in the summer holidays) and can often herald slow sales and late payments for SMEs whether B2C or B2B. Additionally, many business owners have…

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View Ready for your next challenge? Serial entrepreneurs get tax benefits

Ready for your next challenge? Serial entrepreneurs get tax benefits

If you’re planning on selling your business so you can invest in your next venture, but you haven’t looked into availing of Entrepreneur Relief, then you’re missing a trick! Entrepreneur Relief is a fantastic tax benefit that helps business owners in Ireland to build wealth in a tax-efficient way. Sound interesting? We thought so! Below…

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View Calling UK Contractors – Find out the benefits of using your UK company in Ireland!

Calling UK Contractors – Find out the benefits of using your UK company in Ireland!

UK contractors can continue to contract through their UK company in Ireland and avail of certain advantages. With the Irish economy experiencing strong growth and the possibility for contractors to earn excellent rates many UK based contractors are exploring the possibility of contracting in Ireland. We have outlined in this blog the options you have…

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