News & Views
Find funding for your business in 2012
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22 Dec 2011 16:01
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 if it’s a path you choose, you’ll need to understand that you are allowing an external individual, often a stranger, access to a portion of your company. Of course with pr...
Buyer Beware
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21 Dec 2011 14:45
We’ve dealt with enough entrepreneurs over the years to know that going it alone is fraught with dangers. Setting up on your own, especially when business and consumer sentiment is so volatile, is very often a difficult choice to make.
However, there are ways to give yourself the best start possible. One such avenue is to buy an existing business. Buying an existing business can add significant value to a portfolio or give an entrepreneur a head start. However, without proper analysis...
Opportunities for business from Budget 2012
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9 Dec 2011 16:03
This week’s budget wasn’t pretty, but then, unless you’ve been living under a rock for the last few years, you wouldn’t have predicted otherwise. While more austere measures were delivered, it wasn’t all bad, especially for the business community.
Retaining the corporate tax rate was crucial – when Minister Noonan announced it would be held at 12.5%, a collective sigh of relief would have emanated from businesses here. However, events in Europe this week and the ...
Budget 2012 – Get Creative To Help SMEs
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5 Dec 2011 16:06
If you watched Enda Kenny’s state of the nation address on RTE last night, you’ll have guessed that the omens for tomorrow’s budget aren’t good.
That’s not good news for SMEs in Ireland who are struggling as it is. There’s a lot of trepidation among SMEs come Budget Day because they can never quite see how a budget is going to be of benefit to them. Quite the opposite in fact – most businesses are preparing themselves for higher taxes and hig...
When the auditors come calling
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1 Dec 2011 18:18
Some business owners think that once a tax return is filed with the Revenue Commissioners their worries with tax are over for another year. In most cases that’s true, but if your business has been selected for a revenue audit, it’s critical that you’re prepared for a very thorough search of your accounts that could go back a few years and then some.
The main problem that companies face is they approach an audit with a ‘them against us’ attitude – in most ...
