Category Archives: Business Tips

“Can I deduct food as an expense on trips?”

“Can I deduct food as an expense on trips?” We’re going to be starting a series of posts about what you need to know when it comes to your taxes. These posts are going to be based on real world questions that we’ve been asked by clients. So, if you need help with anything specific,

Should you have an Outsourced Accountancy Partner?

Should you have an Outsourced Accountancy Partner? But what do we mean by that? As the owner of a small business, your time is the most valuable asset you have. What is the best way for you to spend your time? We find so often that owners and CEOs get ‘bogged’ down in so much

Electric cars and BIK exemption

Electric cars and BIK exemption We are now well on our way through the year (where did March come out of?!), and now might be the time you start thinking about getting a new van for your business or car for your employees/directors. But with the initial cost involved, as well as the running costs,

Changing Your Accountant

Changing Your Accountant ‘It’s been great but it’s just not working out. I think we need some time apart.’ We have some news for you. Changing your accountant doesn’t need to be dramatic. Misguided views of loyalty towards an accountant should be avoided if the accountant isn’t doing their job. You change or review (or

PAYE Modernisation

PAYE Modernisation If that doesn’t sound scary then I don’t know what does. According to Revenue.ie it is ‘the most significant reform of the PAYE system since its introduction in 1960’. When the PAYE system was set up initially it was with the idea that most people had a ‘job for life’. Nowadays however, employment

Getting cashflow and financial projections right for 2018!

Getting cashflow and financial projections right for 2018 In the business world, cash is king. So, knowing where your cash is, or where it’s going is obviously hugely important. Cash flow issues are unfortunately hugely prominent, but you can make sure you stay out of the trap by following a few simple rules. Your cash

Key Social Media Practices for 2018

Key Social Media Practices for 2018 Where has 2017 gone? 2018 is just around the corner, and with that a chance to really up your game and target your audience like never before. Heard all the talk about ‘businesses need to be using social media if they have any hope of gathering leads, making deals,

Tips to market a small food company

Marketing My Food Business – Tips to market a small food company Claire Williams has been working with local health food company Chia Bia since 2015. She works in the marketing department where her day to day activities can vary from social media, influencer engagement, market research, new product development, PR agency activity, POS design,

The Food Business Profit & Loss Account

The Food Business Profit & Loss Account We deal with a considerable number of food businesses. One of the things that we always stress (and with all business owners for that matter) is to understand the profitability of your business. To know whether or not your business model is profitable is essential and not something