Choosing the proper business structure is a critical decision for entrepreneurs in Ireland. The two most common types are a sole trader and a limited company. Each has distinct advantages and implications for taxation, liability, and administration. A sole trader operates their business as an individual and is solely responsible for all aspects of the […]
The landscape of work is undergoing a seismic shift, driven by technological advancements and a growing emphasis on work-life balance. In Ireland, as elsewhere, Small and Medium Enterprises (SMEs) are at the forefront of adapting to these changes, particularly in the realm of flexible work arrangements. This blog post explores how Irish SMEs can navigate […]
The digital transformation in accounting is revolutionizing how Irish businesses operate, promising a future where efficiency, accuracy, and strategic insights lead the way. This evolution integrates advanced technologies like AI, machine learning, and cloud computing into accounting processes, enabling real-time financial analysis, streamlined operations, and enhanced decision-making capabilities. In this era, Irish businesses are moving […]
Remember the days when brand endorsements meant Hollywood celebrities gracing magazine covers? While traditional influencer marketing still holds weight, the digital landscape has shifted its focus towards a new breed: the micro-influencer. These individuals, boasting engaged communities of thousands rather than millions, are reshaping the game with their authenticity, niche expertise, and relatable content. So, […]
Navigating the European business landscape as an SME owner demands both agility and meticulous financial management. While cloud-based platforms like Xero simplify day-to-day tasks, unlocking true financial clarity and making informed decisions often require the guidance of a trusted expert. This is where Coffey&Co, a certified Xero partner, steps in, offering a strategic partnership that […]
In today’s dynamic e-commerce landscape, financial management is not just about tracking numbers; it’s about empowering businesses to make informed decisions, optimize operations, and seize growth opportunities. Coffey&Co, a Silver Partner of Xero, understands the unique challenges and opportunities faced by e-commerce businesses. We are committed to providing comprehensive support and guidance to help e-commerce […]
In today’s dynamic business landscape, staying competitive is paramount for small and medium-sized enterprises (SMEs) to thrive. While innovation and market responsiveness are crucial, financial performance plays a pivotal role in determining an SME’s resilience and long-term success. Benchmarking financial performance is an essential tool for SMEs to assess their current standing, identify areas for […]
In today’s fast-paced business environment, the well-being of employees extends beyond traditional health benefits. Financial wellness is emerging as a key aspect of overall employee satisfaction and productivity. For small and medium-sized enterprises (SMEs) in Ireland, implementing a strategic financial wellness program can not only contribute to the welfare of employees but also enhance the […]
Introduction In the contemporary business landscape, small and medium-sized enterprises (SMEs) are seizing opportunities in the gig economy, offering specialized products and services to a global audience. The team here at Coffey&Co are industry trusted accountants and financial experts. We recognize the significance of financial success for SMEs. Let us will guide you through the […]
Introduction: In the dynamic world of business, staying ahead of the competition and navigating the complexities of the market requires more than just number-crunching. Today, businesses, especially small and medium-sized enterprises (SMEs), are seeking not only financial guidance but strategic insights that can drive growth and sustainability. This is where the role of accountants in […]