Business is always changing. Your company will go through various stages of the business lifecycle. What you focus on today will change and require different approaches to be successful. Stage 1 – Seed and development The beginning of the business idea. Get advice from as many sources as possible. Review profitability, the market, competitors and…
Read MoreDigital marketing has become a vital tool for businesses in today’s online environment. What type and when you use it is important to the success of any digital marketing strategy. Do you, or someone on your team have responsibility for this area of your business? Are you Considering your SEO (search engine optimisation) strategy Active…
Read MoreMeetings can be either a useful medium of communication, where relationships and understandings can be strengthened or a drag on time and costs. The following tips may be helpful in ensuring meetings remain relevant and useful. Agenda Break the meeting into relevant sections and give a time limit to each section, a time allocation should…
Read MoreEver wanted to know:- – how much is in my current a/c, – how much is my mortgage, – what is due on my credit card, – what do I spend all my money on, – what life insurance do I have, – what are the contact names and numbers for my bankers, insurance etc.?…
Read MoreThe long-awaited Companies (Accounting) Bill to transpose the EU Accounting Directive (Directive 2013/34/EU) has been published on 5 August 2016. The Bill proposes to introduce a small companies regime and a micro companies regime which, when enacted, will allow for the use in Ireland of Section 1A of FRS 102 The Financial Reporting Standard applicable…
Read MoreLet’s take a look at 5 top things successful business leaders will undertake at the start of each year: 1. Take a step back to review the big picture It is crucial to take a step back and look at the direction your business is going, ask yourself if this is the right direction. Once…
Read MoreThe year end is upon us!! While year end accounts is the last thing on most people’s minds at this time of year, it can be a good time to carry out some tasks which will help you to be more prepared for your accountant. If, like most companies, you have a year end of…
Read MoreAll businesses must rely on a series of controls to ensure that their purchases system is being accounted for correctly. Depending on the nature and size of the business these controls can range from very basic to very thorough. Summarised below are some of the basic key controls that should be in place in a…
Read MoreSmall businesses are the victim of fraud every day – now you found the fraudster – what action do you take. Firstly, Take advise from your accountants and legal team as if the fraud involves an employee and the situation isn’t handled properly, the company could get itself into a lot of trouble and expense.…
Read MoreIn previous articles of our blog series on Choosing the Right Accounting Package for Your Company we covered: Part 1 Questions to ask before choosing the package Part 2 Why use an accounting package Part 3 How much are you willing to pay for an accounting package and what type Part 4 What features does your business require in an…
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