Practice News
Succession Planning: Preparing Your Business for the Next Generation
At Francis O Kennedy & Co we know every business reaches a point where the question of succession becomes unavoidable. Whether you plan to pass your company to family members, sell it to employees, or prepare it for external buyers, succession planning ensures the future of your business is secure….
Read MoreWorking Capital Explained: Keeping Your Business Running Smoothly
At Francis O Kennedy & Co we know working capital is a term every business owner should understand. Put simply, it represents the difference between your current assets and your current liabilities. In other words, it shows how much money you have available to cover short-term obligations such as bi…
Read MoreDirectors’ Pay Planning: Salary, Dividends and Pensions Explained
At Francis O Kennedy & Co we know for many company directors, deciding how to structure pay is not straightforward. Unlike employees who receive a fixed salary, directors often have the flexibility to balance income between salary, dividends, and pensions. Each option carries different tax implicati…
Read MoreVAT Compliance for SMEs: Avoiding Common Errors
At Francis O Kennedy & Co we know for small and medium enterprises, VAT is one of the most common areas of tax compliance. It is also one of the easiest to get wrong. Errors in VAT reporting can lead to penalties, interest charges, and unnecessary audits. With a clear understanding of the rules and…
Read MorePricing in an Inflationary Market: How to Update Rates and Retain Customers
At Francis O Kennedy & Co we know rising costs have become a reality for almost every business. From raw materials and energy to wages and logistics, inflation puts pressure on profit margins and leaves owners facing a difficult question: how to adjust prices without driving customers away. The key…
Read MoreRevenue Audits in Ireland: A Business Owner’s Checklist
At Francis O Kennedy & Co we know a Revenue audit is one of the more daunting experiences for Irish business owners. It can feel like a test of everything from bookkeeping practices to tax compliance. While the process can be challenging, being prepared makes a significant difference. By knowing wha…
Read MoreThe True Cost of Employee Turnover: How to Protect Your Bottom Line
At Francis O Kennedy & Co we know losing a valued employee is more than just an inconvenience. It can have a serious financial impact on your business. From the expense of recruiting a replacement to the loss of productivity and institutional knowledge, high employee turnover can erode profits and d…
Read MoreCybersecurity and Your Finances: Protecting Business Data from Costly Breaches
At Francis O Kennedy & Co we know in today’s digital economy, cybersecurity is no longer just a technology issue. It is a financial one. A single breach can result in significant costs, from direct theft of funds to reputational damage that drives customers away. For small and medium-sized bus…
Read MoreUsing Financial Ratios to Spot Opportunities Before Your Competitors Do
At Francis O Kennedy & Co we know in business, speed matters. The ability to identify growth opportunities early can be the difference between leading the market and playing catch-up. One of the most effective tools for gaining this advantage is the strategic use of financial ratios. By analysing yo…
Read MoreCash Flow Forecasting: How to Predict and Prevent Shortfalls
At Francis O Kennedy & Co we know cash flow is the lifeblood of any business. Even a profitable company can face serious problems if it does not have enough cash available to meet its obligations. Cash flow forecasting is a proactive way to anticipate future financial positions, giving you the time…
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