Practice News

At Francis O’Kennedy & Co Accountants we know long-term clients are often viewed as the foundation of a successful business. They provide stability, predictable revenue and a sense of continuity. For many Irish SMEs, these relationships have been built over years and are rightly valued. However, there is a less obvious risk that can develop…

At Francis O’Kennedy & Co Accountants we know growth is often seen as a clear sign of success. More customers, more staff and more activity suggest that a business is moving in the right direction. However, for many Irish SMEs, growth brings an unintended consequence, complexity. As a business expands, processes that once worked well…

At Francis O’Kennedy & Co Accountants we know many Irish SMEs assume that profitability guarantees financial stability. In reality, a business can be profitable on paper and still run out of cash. In 2026, working capital pressure remains one of the most common reasons businesses experience financial strain, even when sales are strong. Working capital…

At Francis O’Kennedy & Co Accountants we know for many Irish SMEs, payment terms are seen as a routine part of doing business. In reality, they are one of the most powerful factors influencing cash flow and overall financial stability. Small changes in how and when customers pay can have a significant impact on how…

At Francis O Kennedy & Co we know many Irish SMEs reach a point where growth slows, despite strong demand and a solid reputation. Turnover plateaus, opportunities feel harder to convert and progress becomes inconsistent. This is often described as hitting a “revenue ceiling”, and in most…