Business News
Documentation is one of the least glamorous parts of running a business. It rarely appears on the management agenda, it is almost never the priority when something else is on fire, and it tends to be deferred for years before anyone treats it as urgent. For many Irish SMEs, the documentation that sh…
Read MoreThe Real Cost of Weak Internal Controls in Smaller Irish Businesses
Read MoreIn many Irish SMEs, internal controls are treated as a concern for larger organisations. Audit committees, segregation of duties, authorisation matrices, and formal review procedures sound like the language of corporate governance, not something that applies to a 12-person service business or a smal…
Read MoreAt [$websiteName] we know for many Irish SMEs, turnover is often treated as the primary measure of success. Increasing sales figures create momentum, confidence and the appearance of growth. Larger revenue numbers can also strengthen reputation and create the impression of a thriving business.
Howev…
Why Many Irish SMEs Underinvest in Financial Reporting Until It Is Too Late
Read MoreFor many Irish SMEs, financial reporting is treated as a compliance activity rather than a management tool. The annual accounts are prepared, returns are filed, the bank gets what it asks for, and the rest of the year passes with relatively little reference to financial information beyond the bank b…
Read MoreThe Hidden Risk of Owner Dependency: When the Business Cannot Run Without You
Read MoreMany Irish SMEs grow around the personality and capability of their founder. The owner does not just run the business in the early years. They are the business. They drive sales, sign off on decisions, hold key client relationships, train staff, fix problems, and carry most of the operational knowle…
Read MoreTop 5 Operational Habits That Quietly Damage Cash Flow
At Buckley Scriven Oregan we know for many Irish SMEs, cash flow problems are often blamed on external factors such as rising costs, late-paying customers or economic uncertainty. While these pressures are real, operational habits within the bus…
Why Revenue Audit Activity Is Likely to Keep Rising and What Irish SMEs Should Have in Place
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