News and Info
The e-FM Network Roadshow Series Starts With The ‘Master Strategies To Generate Cash Within Your Business ’ Seminar
Do not miss this FREE ‘Master Strategies’ seminar in London if sales growth, cash management and profitability are high on your agenda.
Date : 25th October 2012
Time: 6.00pm registration for 6.30pm - 9.00pm
Venue: Regus, 1 Ropemaker street, City Point Tower, London. EC2Y 9HT
To book now, please click here: http://financedirectors.eventbrite.co.uk/
Seats are limited so please remember to book early to guarantee your place!
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Invoice Finance An SME Saviour, But At What Price?
Access to finance and cash flow are major areas of concern for the SME sector. A large number of SMEs have managed to make it through the recession with hardly any reserves, and many are discovering that they are unable to access the working capital that they need to survive. To bridge funding gaps, some companies are now resorting to the use of invoice financing and similar solutions. However, before going ahead with any funding option, it is always wise to weigh the pros and cons and consider its true cost.more
Members Of The e-FM Network
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The Eurozone Crisis: 7 Cautionary Steps
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The Government has identified 18 locations in the UK including Bristol, Leeds, Oxford, London and Birmingham as having the potential to be used by entrepreneurs to set up and grow their business.
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Designing A Business Continuity Plan
In preparation for the holiday season and the Olympic Games, companies need to plan for the likely disruption bound to occur. It is necessary to plan for the risks of staff being unable to work efficiently, potential transportation problems arising from restrictions on traffic, the possibility of some sickness and the impact that this could have on your business. It may also be difficult to get a quick response to power cuts, broadband or phone failure due to restrictions that could be placed in terms of digging up roads. Mobile networks could also suffer from increased demand which could affect communication during this period. A proper business continuity plan is required...more
The New Cost For UK Businesses- Pensions 2012
As thousands of workers strike over pensions today, we are reminded that from October 2012, all employers will be required to enroll eligible staff into a pension scheme and contribute towards their retirement. How prepared are employers?more
Do You Have An Ambitious And Challenging Business?
Do you have an ambitious and challenging business? Do you have temporary gaps in staffing and skills at top finance or management levels? Are you in the middle of a funding crisis or struggling with cashflow problems?more
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.more
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:more
Tips For Pitching To A VC
Before The Pitch:Getting The Business Plan Out- A large number of VC sites allow entrepreneurs to submit their business plans over the internet but considering the huge volume of submissions received annually, and the measure of filtering that could be applied, how could you improve your chances? Many VCs claim that to exhibit the seriousness of your status and proposal, entrepreneurs should make reasonable attempts to find someone who knows the VC, develop a relationship with that person and then get the person to introduce you to the VC. Of course, this could largely depend on the size of the VC firm, or its speciality, and there are success stories with online submissions- but ask yourself first, who do you know that knows someone who knows a VC? That could make a world of difference. You could start by checking with friends and acquaintances, portfolio companies online, fellow entrepreneurs at networking events as well corporate lawyers who usually are a good source of early stage deal flow.
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You Can Start Your Financial Management Business And Be Your Own Boss!
December 2011You can be your own boss in 2012! With next year just round the corner, now is a good time to think about how you could improve your financial situation, have more control of your time and grow a successful business in the new year. If you are a self motivated accountant or financial management specialist who would like to start your own financial management business, while operating as part of an existing network of finance professionals, you could attend one of the eFM Network discovery days in January 2012 and find out how you could get an incredibly flexible lifestyle and an income you are in control of. The eFM Network has four discovery events in January 2012 for accountants or finance specialists looking to operate under the e-FM banner.
Why not attend one of these half-day events and find out if this model is right for you?
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What Is Happening At Work?
December 2011The eFM Efficiency Of Employment Survey reveals low staff efficiency rates with employees spending only 55% on the job they were employed to do. Can employers afford to be counterproductive in these harsh economic times?
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Start The New Year Right
December 2011 You could give someone a treat this Christmas. Find out how you can nominate a contact for a discounted financial management service and also benefit yourself from nominating them too. Both you and your recommended contact will also be eligible for a free financial health review in February 2012, if the contact becomes a client (before January 31 2012). We are accepting early submissions so if you have your nomination details, you can forward them on now. We will however review submissions in January. Start the new year by inoculating yourself against the harsh effects of a potentially challenging 2012!more
Business Growth Package for SMEs
December 2011 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 overburdened industry, SMEs need to focus on managing cash better in the challenging months ahead, if not on acquiring funding. Efficient cashflow management goes beyond improving a credit control process or debt management process, it may involve automating some financial management processes or utilising the skills of a financial management expert to improve efficiency and cashflow. A large number of SME clients are delaying and missing HMRC payments, hence incurring significant fines, as well as defaulting on other crucial obligations as consumer demand flat-lines and pressures on cash increase. According to a recent Intuit survey on businesses less than 5 years old, getting it right early is the key to startup success. If you are concerned about managing cash better, you should get help now.more
Online Tips For Small And Medium Sized Businesses
December 2011 Traditional businesses are aware of the need to incorporate the internet into their overall strategy. The desired approach should seek to retain the strengths of the existing core business whilst using the internet to enhance value.more
NATIONAL MINIMUM WAGE RATE CHANGES ON THE 1ST OF OCTOBER. ARE YOU COMPLIANT?
October 2011Almost 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.
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SME ACCOUNTING RULES MAY CHANGE IN NEXT COUPLE OF WEEKS
October 2011New European Directives Could Change Financial Reporting Requirements For Small Businesses.
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YOU COULD BE AFFECTED BY AWR CHANGES FROM THE 1ST OF OCTOBER
October 2011The Agency Workers Regulations (AWR) is now effective. What does this really mean?
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THE SME CHALLENGE-Are you ready?
October 2011Richard Keighley, director at e-FM Network, outlines the challenges facing SMEs in the country
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Visit Our New License Network
OnlineTo visit the e-FM license network and find out more about starting your business under the e-FM banner, please click here www.efm-network.com
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Take The eFM Efficiency Of Employment Survey 2011
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If You Are Thinking Of Starting A Business, Attend Our Free Discovery Day
September 2011You can be your own boss this year!For accountants or finance specialists looking to start their own financial management business under the e-FM banner, we have six discovery days planned around the country till the end of 2011.
Why not attend one of these half-day events and find out if you can be your own boss?
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e-Financial Management Launches Its ‘Financial Diagnostic Due Diligence’ Service
e-FM has just launched an in-depth financial director diagnostic/ due diligence review for non execs and funders on target companies.more
e-FM Continues To Grow Taking The Unique Pay-As-You-Use Financial Management Service Closer To Clients!
Finance Directors, Jonny Goldblatt, Martyn Hodgson, Richard Keighley and Stephen Clough join the e-FM Network, bringing in skills and experience from a wide range of industry sectorsmore
The Director Magazine January 2011-Should Banks Be Forced To Lend?
Jan 2011Response to article in the Director Magazine-If banks are in the lending businesse, why should they be forced to lend by any other requirement than an inherent obligation...
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Business Focus Magazine 2010: e-FM Launches Its 3rd Business Venture
Dec 2010On the 12th of October, e-FM launched a new business offering, “The e-FM Network” by way of its first discovery day at the Putteridgebury Conference Centre in Luton.
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B To B Newspaper 2010 : e-FM Expands Its Operations With New Staff
Sept 2010e-Financial Management welcomes Graham Baskeyfield and Steve Masters as the company expands its operations
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Business Focus Magazine 2010: Baby Interims Is Born!
June 2010e-Financial Management has teamed up with Mature Accountants to launch a unique new service, ‘baby interims’ which provides ‘Executive Maternity Cover’ to professionals both internationally and abroad.
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Business Focus Magazine 2009: Is Under-Resourcing An Option?
July 2009The business environment is constantly inundated with countless dilemmas that challenge most business owners. In the current economic climate, the issues facing most companies, regardless of size, are threatening. However, for smaller companies, changes in economic activity are even more unwelcome as SMEs are more susceptible and have less control over their business environment. Every action the company, its customers or suppliers take in an uncertain situation, may create a risk to the survival of its business.
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Barclays Awards 2009
June 2009We haven been nominated for the Barclays Britains Best Local Business Award 2009. We are grateful to our team, our clients and our friends
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Crains Manchester Review 2008: Beware the Trojan Horse
March 2008With software, a "trojan horse" disguises itself as another program and causes data destruction and exploitation. With businesses, something quite similar tends to happen with overdrafts.
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Business Monthly Newspaper 2008: e-FMs Iain Pink Receives Rising Stars Award
Nov. 2008Iain Pink, trainee accountant at e-Financial Management Limited, received a Highly Commended award in the Employee Of The Year category at the Bedfordshire and Luton Business Excellence Awards 2008 on the 6th of November, 2008.
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The Venturer Magazine 2007: Identifying Reliable Service Providers
Aug 2007Entrusting another company with your finances and other strategic assets has become inevitable in today’s business world.
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The Journal Newspaper Newcastle 2007: 10 Years Of Online Banking
Jun 2007Many entry level sites are password driven and once the password is compromised, account details and full access is available, funds can be transferred out and even passwords can be changed to enable future access.
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LN Newspaper 2007: e-FM Win Small/Medium Sized Business Award 2007
November 2007UK based e- Financial Management Limited win ‘Rising Stars’ Small / Medium Sized Business of the Year 2007.
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Parents Take Advantage Of The Affiliate Deals On Babyinterims.com
Sept 2010Having a baby is a big enough deal. Whether this is your first baby, last baby or only baby, it is a monumentous deal
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e-FM Northeast Sponsors COCO Children's Charity
May 2010On the 26th of May 2010, e-Financial Management witnessed a very inspiring charity event hosted by Steve Cram, the Northeast sporting legend.
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Financial Management Specialists Expand In The West Midlands
Sept 2010e-Financial Management Limited (e-FM), the financial outsourcing/insourcing company is pleased to announce the opening of its office in Halesowen.
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e-Financial Management Celebrates Its 10th Anniversay Of Trading
Mar 20102010 is a significant landmark for e-Financial Management (e-FM) as it celebrates its 10th anniversary of trading. Since it first opened its doors to clients in 2000, e-FM has grown from a small business in Luton to a fast growing company with regional presence across the UK and clients in various parts of the world.
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Tour Our Past
Feb. 2010Over the last 10 years, eFM has supported growing companies by providing financial management services on a flexible payment platform. Our range of services includes the following:
•A scalable pay as you go finance function for early stage companies.
•A financial management monitoring and evaluation service for companies who are in difficulties
•Additional support during peak business periods when existing resource may be overstretched
•Project based financial management support
•Financial management support at all levels from bookkeeper to financial director e-FM provides financial management services, including financial reporting.
To tour our past now, please read on:
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Cash Flow Management Strategies
Jan. 2010To avoid going to the banks for invoice discounting, factoring, overdraft or any form of debt, here are a few simple internal strategies for your business:
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Cash Falling With The Snow?
Jan. 2010Many 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.
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Mitigate The Impact Of The Strike Action
With every indication that the national postal strike is due to start this week, there is an obvious need for companies to rely less on physical documents, their delivery methods and the operational processes that depend on them.more
New Phone Numbers For e-Financial Management
August 2009We have changed our 0870 numbers to 0845 numbers. To contact us, please use the following numbers:
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Credit Control Training Workshop
Become More Confident Collecting Cash By Phone:CPD certified training experts, CMT in conjunction with financial management specialists, e-Financial Management invite you to a half-day training course aimed at improving employee skills in credit control and debt collection. Find out rules in cash collection that you have probably ignored, or not taken full advantage of. Discover ways to tackle cashflow problems by reducing that hardcore of debt.
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Unleash The Potential Of Your Business With e-Financial Management
July 2009Businesses today have to juggle their resources to achieve their core business purpose while also concentrating on other functional aspects of their organisations;
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Credit Control Training Workshop- Cash Collection By phone
Oct. 2009Become more confident collecting cash by phone. Learn to deal with negotiation deadlocks, non-payment excuses, aggressive and difficult clients, consistent late payments and debtors with cashflow problems.To register your interest/ find out about the next available course, kindly contact us at clientcare@efm.uk.com or 0845 129 9900 or 01582 516300. Below are details of the last course held in October 2009
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Glide Utilities Limited
June 2009Energy and Telecommunications Company, Glide, has streamlined its business with the assistance of e-FM Birmingham.
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Audit Support - Taking The Sting Of Year End
Jan. 2009Have you got those Year End audits looming where information is never delivered to you on time; systems break down, the client lacks sufficient accounting resource at the right level and you always have to write off time? At e-Financial-Management, we may have the solution for you
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e-Financial Management 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.more
One Expo, Manchester
July 2008On the 15th of July 2008, Manchester witnessed a very successful business event.
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Ignite!
July 2008e-FM Supports Entrepreneurs And Innovators
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The Silver Lining
Jul 2008The media hold a litany of distressing news for the UK economy and none of it unfounded.
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Does The Credit Crunch Concern You?
April 2008What happens if your bank calls in your overdraft?
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Complimentary Seminar: Strategies In A Difficult Economic Climate
June 2008In conjunction with Peninsula Business Services and Lysander Receivables Management , e-FM invites you to join us for the above event.
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(Manchester) Financial Management Outsourcing Experts Come To The North West
Sept. 2007e-Financial Management Limited (e-FM), the financial outsourcing/insourcing company is pleased to announce the opening of its regional office in the North West.
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Strategic Growth Plan: e- FM Expands
Mar 2007e-Financial Management Ltd., the financial management outsourcing company expands its operations with new staff .
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When A Good Customer Is In Trouble
Finance Director Richard Keighley shares tips on how to tell when a treasured customer is potentially in trouble financially. Early detection of warning signs can help in the management of the business risk to both you and the customer.
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The European Bailout Explained
A light hearted interpretationmore
Cash Collection Tips
Please click on the pdf document for our tip sheetmore
Chris Judson In The News
Please Click On The Link Belowmore
Maurice Scott In The News 2012
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Jeremy Eastham In The News
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eFM In The News 2012- A selection of articles
Please click on the link belowmore
VAT Errors Can Be Costly
VAT Errors Can Be Costly……But Help Is At Handmore