View Know your worth: 3 methods for valuing your business

Know your worth: 3 methods for valuing your business

After years of carefully developing an idea that eventually becomes a successful business operation, entrepreneurs begin to consider selling what they’ve built-up either to meet a new challenge or choose to slow down. However, before taking that leap, it’s important to focus on the business sale process and identify your company’s true worth before signing…

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View Is it time to hire your first part-time financial controller?

Is it time to hire your first part-time financial controller?

Identifying the best time to start the process of hiring a financial controller is a key decision requiring much thought. Before going into more detail, reflect on your business journey to date. You probably already have some sort of financial infrastructure or you would never have got this far. Perhaps you have a bookkeeper to…

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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 Benefits of setting up in Ireland

Benefits of setting up in Ireland

When forming a company one of the first questions you will need to answer is, “Why Ireland?” There are many benefits of forming a company in Ireland. Ireland is home to many of the world’s most successful companies. Sixteen of the top twenty global technology firms are located there as are twenty-four of the twenty-five…

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View Frequently asked questions around Business Turnaround

Frequently asked questions around Business Turnaround

What is business turnaround? Business turnaround usually refers to the process surrounding the financial recovery of an organisation that has been under-performing for a significant period of time. There could be many reasons why a business needs assistance – it may be losing serious amounts of revenue, or worse, could be facing insolvency. A turnaround…

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View 3 Tips For A Successful Exit Strategy

3 Tips For A Successful Exit Strategy

Building a successful business from start-up to sustained profitability is no easy feat, especially in the current economic climate. There are no short-cuts or absolute guarantees when building a thriving business. But there are successes, which come from a combination of careful planning, hard work and working with the right team. After investing significant amounts…

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View Immediate things you can do to improve your company’s profit

Immediate things you can do to improve your company’s profit

Effective financial management is vital for a business’ survival and growth strategy. It involves planning, organising, controlling and monitoring your financial resources in order to achieve your business objectives. Good financial management will help your business to make effective use of resources, fulfil commitments to your stakeholders, gain competitive advantage and prepare for long-term financial…

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