View 3 signs that you should outsource your credit control

3 signs that you should outsource your credit control

Credit control can be a topic that causes stress for small and large businesses alike, and more importantly the business owner.  Remember, a sale is a waste of valuable business resource until the cash is collected.  Improving credit control is the easiest way any company can access “new” finance. A good credit controller has competencies…

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View Going international: How can SMEs finance foreign trade?

Going international: How can SMEs finance foreign trade?

The UK export market has grown significantly year on year, with the Government pledging to double the country’s export value to £1Tn by 2020.  And while UK SMEs make up 99% of all businesses, fewer than 20% of SMEs export to international markets, compared with over 40% of large companies.  So with the global spotlight firmly…

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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 Case Study: E-commerce Start-Up (Venture Capital)

Case Study: E-commerce Start-Up (Venture Capital)

BACKGROUND In late March 2016 EFM were approached by a UK based venture capital group. The VC had made a six figure start up investment in an E-Commerce business in 2015 with an agreed first stage financing level and timescale to launch online trading. THE CHALLENGE By March 2016 it had become clear that progress…

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View 5 Reasons to Talk to Your Financial Controller

5 Reasons to Talk to Your Financial Controller

There’s been an evolution in the responsibilities of the FC. Financial Controllers (FCs) are moving past the traditional financial controller remit and are playing a more strategic role in their company’s operations. According to a recent study by Ventana Research, roughly one in five FCs have a strategic influence in their companies, and that number…

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View How to Plan, Finance and Manage your Start-up business

How to Plan, Finance and Manage your Start-up business

  STARTING UP A BUSINESS in the current climate can be challenging, however harsh market conditions can also create opportunities for those with a well thought out, funded and researched business idea willing to enter the market. Some of the key stages that a start-up business would experience and considerations to get the most out…

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View Going international: How can SMEs finance foreign trade?

Going international: How can SMEs finance foreign trade?

The UK export market has grown significantly year on year, with the Government pledging to double the country’s export value to £1Tn by 2020.  And while UK SMEs make up 99% of all businesses, fewer than 20% of SMEs export to international markets, compared with over 40% of large companies.  So with the global spotlight firmly…

Read More


View Case Study: Media

Case Study: Media

SECTOR: Media CONCERN: Pricing BACKGROUND: The company wanted to make sure it was making a target return on each project they successfully quoted for. CHALLENGE: The client uses a project management system which was tracking external costs adequately but not internal costs and time spent on individual projects by in house expertise SOLUTION: Working with…

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View Case Study: Design and Manufacturing

Case Study: Design and Manufacturing

SECTOR: Design and Manufacturing CHALLENGE: Converted a low volume, labour only, paper based organisation into a medium volume, turnkey, design and manufacturing organisation SOLUTION: The first step was to identify potential customers wanting a turnkey supplier. By means of direct selling (telephone and engineering meetings) a number of new customers were won. Having gained the…

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