Funding a business idea or sourcing finance for a business expansion can be a tricky path to negotiate. A squeeze on credit from financial institutions means that many businesses have been refused loans or overdraft extensions. If that road is closed off, finding an investor for your business is another alternative, but you need to […]
Making cuts to the payroll is a difficult process for any business. What’s more, failing to approach redundancies in a structured, organised way can result in costly cases that put a company under even more pressure, defeating the purpose of the exercise. None of us like firing people, and that’s perhaps why many businesspeople put […]
Nearly all businesses in Ireland, except for maybe consumer-focused companies, have one very bad characteristic in common – they rarely get paid on time. As a nation we’ve always been known for our generosity but it seems that we find it hard to stump up for work that has already been carried out. That creates […]
Most people will have seen advertisements indicating the end of the tax year, which is coming up next week. However, for new limited companies – those in their first or second year of operation – the tax deadline depends on the accounting period that began when the company was set up or incorporated. The adverts […]
Most people think that self-assessment tax returns only apply to the business community. It’s an easy assumption to make given the advertising campaign that goes into reminding business owners of the October 31st deadline. But all workers, and even pensioners, must submit a return to Revenue every year. In a lot of cases, the […]
Right now, people up and down the country are preparing to submit their tax returns for 2011. It can be a time of great stress and worry for those who do not have their paperwork in order but, even for highly organised people, there is a chance that money is being thrown away. Few […]
Second to managing customer accounts and attracting new sales, bookkeeping is one of the most important functions in any business. If you’re diligent and have proper processes in place, you’ll have access to timely information that shows the true performance of your company. If you’re ambivalent in any way, though, your business could wind up […]
Two weeks ago, I looked at the Business Expansion Scheme (BES) as part of DCA Accountants and Business Advisors’ investment advice series. An extension to the BES is, of course, the Seed Capital Scheme, which is another tax refund for new enterprises. The Seed Capital Scheme is very similar to the BES but what […]
This is the time of year that owner managers dread most. With the tax return deadline looming, most SME business owners are keen to make sure that their house is in order and that their files are up to date ahead of the cut-off point. But it doesn’t have to be a time viewed […]
In the first of a series of investment focused pieces, Declan Dolan takes a closer look at the Business Expansion Scheme. Wary investors are treating today’s market with extreme caution and who can blame them? After all, the turbulence of the last three years hasn’t exactly inspired confidence – even those at the higher […]
