EFM is a leading provider of part-time, pay-as-yougo financial management and expertise
Credit scores - and how to manage yours

The EFM website is updated frequently with news from around our network, observations on the world of business finance and our own Associate Directors` hints and tips on how to ensure your business`s financial health.

 

The latest update comes from Gary Jesson, founder of EFM, who has shared his current thinking on how to manage businesses` credit scores. Gary writes..

 

  •  The late filing of Statutory Accounts will negatively impact a credit score - particularly overdue...

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  •  Several changes of directors and registered office in short succession can have a negative impact...

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     Learn more.
    Diary of a Finance Director

    The week of a finance director...an occasional series of diary entries from the EFM Associate Directors Network. EFM Associate Directors are a portfolio finance directors and finance controllers who deliver finance expertise to several business clients on a part-time basis. The article below reveals a portfolio career in the week of an EFM Associate Director.

     

     

    Giving up a full-time FD role was difficult. I enjoyed my employed roles - spanning finance and operations - and getting up on a Monday has never been a problem for me, but I wanted to exercise more control over my career... Read the third in our diary series here.

     

    If you would like to find out more about the week of a portfolio FD, come along to one of EFM`s Discovery Events - our next Discovery Events are on 9 December in Manchester, and on 15 January 2015 in Luton - Learn more here.

     

    We use Discovery Events to share the full details of our licensing model and respond to the range of questions those interested in embarking on a portfolio career  tend to have! The events are free to attend and there are no obligations on the day.
    Bookkeeper, FC, FD... who does what and what can they do for you?

    At EFM we`ve found that sometimes business owners can be unclear about the differences between and the value to be gained from the support of a bookkeeper, financial controller and finance director. This is our short guide to what they do and how businesses can benefit. Find out more here.

      
    How will the new holiday pay ruling impact small businesses?
    ... with five million workers in the UK currently doing compulsory or voluntary overtime (Source: ONS, Government), the coalition and business groups across the UK have shown concerns about the possibility of a raft of back payments with some that could go back many years...

    On 4 November 2014 UK workers won a ground breaking case at the Employment Appeal Tribunal (EAT) that means those who are required to work overtime are entitled to have that taken into account when calculating their holiday pay. EFM will be watching with interest as to how this case develops and advising our clients on how to adhere to these controversial new guidelines. If you have any concerns on this topic, please telephone Gary Jesson of EFM for a confidential consultation on 0845 129 9900 - and Read more here.

    EFM has a new head office address:

    AW House, 6-8 Stuart Street, Luton LU1 2SJ.

    We would be delighted to see you, if you`d like to pop in for a coffee and chat about general financial management and business issues.
    In our August 2014 issue:

    New Associate Director 

    Jonathan Lee

     

    EFM is delighted to welcome Jonathan Lee to our country-wide network of Associate Directors.

    Jonathan has many years experience as finance director working with SMEs, including a listed plc and private equity backed businesses.

    Jonathan started out in large corporates and worked for Ford Motor Company, Reed International and Asda. Read more

     
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    EFM is a leading provider of part time, pay-as-you-use financial management and expertise

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