View Determining your IR35 status

Determining your IR35 status

As a contractor, freelancer or small business, it’s important to have an awareness and understanding of IR35 and how it’s determined to ensure that you are paying the correct amount of Tax and National Insurance. How does IR35 impact me? Your IR35 status (which can vary from contract to contract) determines your tax position with…

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View 5 effective credit control strategies to make your sales more profitable

5 effective credit control strategies to make your sales more profitable

If you’re waiting until a payment is late to begin implementing credit control strategies, you are waiting too long. Good credit control should begin as soon as an order is placed, to help you avoid the risk of late payment and bad debt. The most critical period in the credit control process begins before the…

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View Four Reasons Successful Businesses Borrow Money

Four Reasons Successful Businesses Borrow Money

It’s common for a business to be in some form of debt and borrowing money to make money isn’t a new idea. Here are four reasons why borrowing money for business is not just a fact of business life but a smart choice. 1. Costs need to be paid  Every business needs some form of investment before it can begin trading. This could be something as…

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View Áine Collins commended at the 2nd Irish Women’s Awards 2020

Áine Collins commended at the 2nd Irish Women’s Awards 2020

Inspiring women were awarded at a glamorous event celebrating Irish female success. It took place at the Blanchardstown Crowne Plaza Hotel in Dublin on 29th January 2020. The Awards honoured the talent and hard work of female professionals and entrepreneurs across the region. It celebrated the achievements of women entrepreneurs, business women, professionals, civil servants,…

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View Why every business owner needs an exit strategy

Why every business owner needs an exit strategy

When you picture yourself in a room or building, having multiple available exits is not just a matter of convenience, it’s a matter of safety. The same applies to owning and running a business: establishing an exit strategy, a plan for eventually leaving and/or selling the business, is part of smart entrepreneurship, and lends a sense…

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View What to Look for When Hiring Outsourced Accounting Services

What to Look for When Hiring Outsourced Accounting Services

It’s no surprise to hear that good financial tracking will have an impact on the success of your company. Managing the way the money is flowing in and out of your business will affect cashflow and other important aspects of operations. Too often, entrepreneurs don’t have the necessary professional training, which is why they turn…

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View Why Profitable Businesses Go Bust

Why Profitable Businesses Go Bust

At the risk of stating the obvious, cash is the lifeblood of any business.  A business that has access to sufficient cash can survive making a loss, but a profitable business that runs out of cash when it needs to pay its’ creditors will have to cease trading.  Too many managers remain focused on generating…

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View Key Performance Indicators and why they’re good for any business

Key Performance Indicators and why they’re good for any business

In this blog we would like to share with you some tools that Management Accountants use which will help you analyse your own business success, giving you the information needed to plan for growth and to measure business performance. Too many businesses chug along on a day-to-day basis without being very clear on where they…

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