The Bottom Line

Welcome to 'The Bottom Line'. If you're in business, or just starting out, then you've certainly at least considered how your business should be structured. There is a lot of noise out there around what the best structure is; Limited Company, Sole Trader, Partnership, Group Structures, and so many others. Between this week and next, we will cut...

Welcome to 'The Bottom Line'. If you're incorporated as a Limited Liability entity, then considering the most efficient structure is essential. Today, we will cut through the jargon around Limited Companies and Partnerships. I'll explore the various types of Company and go through the advantages of a Holding Company structure. If you're not sure...

No matter your industry, your business has overheads. In the past, the cost of 'keeping the lights on' could be simply overlooked by most small businesses. If you had a decent gross margin, your overheads took care of themselves. Today however, with costs higher than ever and margins being squeezed tighter every day, properly handling your overhead...

No one can run their business forever. Eventually, either through gift, inheritance, or sale, your business or farm will need to be transferred to someone else. In this part 1 of this two part series, we look at things from the receiver's point of view. If a person receives a gift or inheritance, they will be liable to Capital Acquisitions...

No one can run their business forever. Eventually, either through gift, inheritance, or sale, your business or farm will need to be transferred to someone else. Today in part 2 of this two part series, we look at things from the owner's point of view. When a person disposes of a business, they are liable to Capital Gains Tax (CGT)...

Welcome to 'The Bottom Line". In this week's post, we delve into what is fast becoming a key topic for Irish small and medium enterprises; Outsourcing the Finance Function. Almost every business in Ireland has an accountant, who at the end of the year prepares the accounts and tax returns. As a business grows, so too grows their financial...

Welcome to our new blog, 'The Bottom Line'. During the course of this series of weekly blog posts we aim to address some of the key accounting & finance issues facing Irish small and medium enterprises today, however, in line with our firm's core value of understanding, will do so in a way which is accessible to all. We...