“Most business plans I see are beyond useless. They don’t help me understand clearly how the promoters will reach their goals and, most importantly for me, how we are going to be repaid.” That was one of the strongest comments I received when I interviewed people who receive and review dozens of business plans each […]
FOUR DISCONNECTS THAT RUIN BUSINESS PLANS Read More »
By Dave Hickey What’s my break-even point? Can I afford to pay salaries this month? What margin should I be aiming for on this new product/service? Many entrepreneurs and managers can’t answer questions like these because they haven’t yet acquired the necessary financial intelligence. Nobody gave them a test in finance skills when they decided
IMPROVING YOUR FINANCIAL INTELLIGENCE Read More »
By Dave Hickey What’s happening? Ulster Bank and KBC will close their banking operations in Ireland by the end of this year or early next year. Starting last week, both banks will issue to customers from 1 June on a phased basis, a process that will continue until all customers have been contacted. On receipt
DON’T LET BANK SWITCHING DELAYS HOLD BACK YOUR BUSINESS Read More »
By Dave Hickey What is the Gender Pay Gap? The Gender Pay Gap is the difference between what is earned on average by women and men based on average gross hourly earnings of all paid employees. It doesn’t distinguish between job types, experience, qualifications or working patterns. A Gender Pay Gap in an organisation does not,
JUNE IS KEY MONTH FOR GENDER PAY GAP REPORTING Read More »
By Dave Hickey This is part of a piece I wrote almost two years ago about ‘staying on top of the numbers’. Too much of it is still relevant. In Ireland we’re great at keeping score. Whether it’s in sport, socially (whose round is it?) or in family life (whose turn to do the dishes?).
KEEPING SCORE IS JUST AS IMPORTANT IN BUSINESS AS IN SPORT Read More »
Some tips on how to manage the stress By Dave Hickey A few years ago, I interviewed business leaders from a wide range of businesses and backgrounds for the local newspaper. One CEO of a fairly recent start-up was talking about managing cash and struggling to meet payroll every month. He told of some months
Cash Flow Worries: How to Cope With Them Read More »
The past couple of years have been shrouded in uncertainty and volatility. In this issue we take a look the Irish Economic Outlook in a time of war and peace. To read this article plus other articles on the extension of the debt warehousing scheme and other legal and business briefs please click here
Irish Economic Outlook Read More »
Please view our final Newsletter for 2021. In this issue we focus on Exporting: Methods of payments and an overview of the Finance Bill 2021. There are further articles of interest on tax, business briefs and legal briefs. To read these articles and more, please click here.
December Newsletter Read More »
Budget 2022 was presented by both the Minister for Finance, Mr. Paschal Donohoe, T.D. and the Minister for Public Expenditure and Reform, Mr. Michael McGrath, T.D. today. Our Budget 2022 Summary can be viewed by clicking here
