International financial company EFM has announced they will be bringing their financial and business advisory services to Ireland to support SMEs. 

British financial company EFM has launched their financial and business advisory services in Ireland, aiming to extend its expertise to help the growth and development of Irish SMEs.

The EFM team of highly experienced finance directors and business advisors will provide practical and senior level commercial support to growing businesses across Ireland through offering flexible, out-sourced financial management and strategic support services.

“Throughout our many years of practice in the UK, we have helped businesses thrive, from start-ups to established SMEs and multinationals”

The company was founded in 2000 by Chartered Accountants Gary Jesson and Tony Biddle, who saw first-hand throughout their many years of practice that many excellent businesses fail because of poor financial management practices. Their founding goal was to provide affordable and flexible financial management expertise to small and medium sized businesses that are unable to afford the high cost of hiring a full time financial director. This strategy has proved highly successful and the company has experienced rapid growth over recent years.

Former TD Áine Collins was recently appointed business development director with the company and her aim is to grow the company in Ireland – following its international success for many years.

Expanding the company to Ireland was seen as the next logical step for EFM, as they wish to bring their direct insight, financial expertise and exit planning strategies to Irish business. They hope to support business owners, in light of the current uncertainty that looms, with imminent Brexit changes on the horizon.

The EFM Ireland team will be led by William Mundow – group managing director and finance director. Originally from Meath, Mundow has held positions internationally such as chief financial officer for one of the world’s largest communications companies – Publicis Group in London – and brings with him a broad range of skills and experience to assist SMEs in Ireland.

“As a country, we need to ensure the safeguarding and survival of our Irish SME sector”

Speaking about EFM’s decision to launch in Ireland, Mundow said: “Focused strategy, planning and trusted financial management advice are the foundations for business success. At EFM we offer our clients these deliverables to help ensure their business development and growth.

“We are excited to work closely to support Irish businesses. Throughout our many years of practice in the UK, we have helped businesses thrive, from start-ups to established SMEs and multinationals. We hope to now effectively translate this experience in Ireland to support companies in maximising their potential at this opportune time.”

Also discussing the launch, Áine Collins stated:Ireland ranks high within Europe in terms of entrepreneurship and I know that the services EFM are introducing will be of great benefit to small and medium businesses, many of whom may have considering a financial director as beyond their budgets.

“I know first-hand, working closely with so many SMEs that it has never been so crucial in Ireland, for business owners to understand the importance of having specialist financial advice. As a country, we need to ensure the safeguarding and survival of our Irish SME sector – as these businesses are our grassroots connection to a successful and thriving economy.”

Written by Stephen Larkin

Published on 24 July, 2019

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