Unit 7A Newtown Centre Annacotty Limerick V94 C9P3

Category: Business Advisory

24 Apr by Coffey & Co.

Sole Trader vs Limited Company in Ireland

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 […]

17 Apr by Coffey & Co. Tags: , , , , ,

Why Every Irish Business Needs an Accountant: 7 Key Insights

In today’s complex financial landscape, having a skilled accountant is more than just a necessity for Irish businesses—it’s a strategic advantage. From navigating tax codes to optimizing financial performance, accountants play a pivotal role in the success and sustainability of businesses. Here are seven key insights into why every Irish business, regardless of size, should […]

10 Apr by Coffey & Co. Tags: , , , , , , , , ,

The Future of Work: Adapting to Flexible Work Arrangements in Irish SMEs

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 […]

13 Mar by Coffey & Co.

Digital Transformation in Accounting: The Future for Irish Businesses

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 […]

6 Mar by Coffey & Co. Tags: , , , , , , , , ,

Navigating the Tax Changes in Ireland for SMEs: A 2024 Guide

The landscape of taxation in Ireland is constantly evolving, and for SMEs, staying ahead of these changes is crucial. As we step into 2024, a range of legislative amendments is set to redefine the fiscal responsibilities of small and medium enterprises. This guide delves deep into these changes, offering actionable advice for compliance and optimization. […]

28 Feb by Coffey & Co. Tags: , , , , , , , , ,

The Rise of the Micro-Influencer: Building an Authentic Brand in a Crowded Digital Space

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, […]

3 Jan by Coffey & Co. Tags: , , , , ,

SME Accounting 101: Building a Solid Financial Foundation

For small and medium-sized enterprises (SMEs), accounting is not just about keeping track of finances; it’s about building a solid foundation for business growth and success. By understanding and implementing sound accounting practices, SMEs can gain valuable insights into their financial performance, make informed business decisions, and navigate the ever-changing business landscape with confidence. The […]

20 Dec by Coffey & Co. Tags: , , ,

Financial Wellness Programs for SME Employees: A Strategic Approach

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 […]

13 Dec by Coffey & Co. Tags: ,

Mastering Payroll for Irish SMEs: Demystify the complexities

For Irish SMEs, payroll management can be a daunting task, often shrouded in complexities and intricate regulations. Navigating PAYE, PRSI, statutory payments, and employment law considerations can be challenging, especially for those without specialized expertise. This blog post aims to demystify these complexities and provide a comprehensive guide to payroll management for Irish SMEs. PAYE: […]

22 Nov by Coffey & Co. Tags: , , , ,

Financial Leadership: The Role of Accountants in Driving Business Success

Introduction: In the dynamic landscape of modern business, accountants are emerging as financial leaders, playing a pivotal role in steering organizations toward success. No longer confined to traditional bookkeeping, today’s accountants are strategic partners, offering insights and guidance that extend far beyond number-crunching. In this blog post, we’ll explore the evolving role of accountants as […]