Practice News
Why Some SMEs Grow Revenue Faster Than They Grow Profitability
At Francis O’Kennedy & Co Accountants we know for many Irish SMEs, increasing revenue is viewed as the clearest sign of success. More sales, more customers and a larger pipeline create the impression that the business is progressing well. Yet in many cases, profitability does not increase at the same pace as revenue. Businesses become…
Read MoreTop 5 Operational Habits That Quietly Damage Cash Flow
Top 5 Operational Habits That Quietly Damage Cash Flow
At Francis O Kennedy & Co we know for many Irish SMEs, cash flow problems are often blamed on external factors such as rising costs, late-paying customers or economic uncertainty. While these pressures are real, operational habits within the bus…
Why Some SMEs Grow Revenue Faster Than They Grow Profitability
At Francis O Kennedy & Co we know for many Irish SMEs, increasing revenue is viewed as the clearest sign of success. More sales, more customers and a larger pipeline create the impression that the business is progressing well. Yet in many cases, profitability does not increase at the same pace as re…
Read MoreThe Financial Cost of Poor Communication Inside Growing Businesses
The Financial Cost of Poor Communication Inside Growing Businesses At Francis O’Kennedy & Co Accountants we know as Irish SMEs grow, attention is often focused on sales, staffing, operations and customer acquisition. These areas are visible and measurable, making them easier to prioritise. Communication, by contrast, is frequently treated as a softer issue rather than…
Read MoreThe Financial Cost of Poor Communication Inside Growing Businesses
The Financial Cost of Poor Communication Inside Growing Businesses
At Francis O Kennedy & Co we know as Irish SMEs grow, attention is often focused on sales, staffing, operations and customer acquisition. These areas are visible and measurable, making them easier to prioritise. Communication, by con…
Why Your Best-Selling Product Might Not Be Your Most Profitable
At Francis O’Kennedy & Co Accountants we know many Irish SMEs assume that their best-selling product or service is also their most profitable. It feels logical. If something sells well, it must be driving the business forward. In reality, volume and profit are not the same thing, and confusing the two can quietly undermine financial…
Read MoreWhy Your Best-Selling Product Might Not Be Your Most Profitable
At Francis O Kennedy & Co we know many Irish SMEs assume that their best-selling product or service is also their most profitable. It feels logical. If something sells well, it must be driving the business forward. In reality, volume and profit are not the same thing, and confusing the two can quiet…
Read MoreWhy Some SMEs Struggle to Turn Revenue Into Retained Profit
At Francis O’Kennedy & Co Accountants we know many Irish SMEs generate consistent revenue yet see little improvement in retained profit. On paper, the business appears to be performing well. Sales are strong, activity is high and the pipeline is active. However, when it comes to what is left at the end of the year,…
Read MoreWhy Some SMEs Struggle to Turn Revenue Into Retained Profit
At Francis O Kennedy & Co we know many Irish SMEs generate consistent revenue yet see little improvement in retained profit. On paper, the business appears to be performing well. Sales are strong, activity is high and the pipeline is active. However, when it comes to what is left at the end of the y…
Read MoreThe Cost of Always Saying Yes: How Overcommitting Damages Profit and Focus
At Francis O’Kennedy & Co Accountants we know for many Irish SMEs, growth is closely linked to opportunity. New enquiries, additional work and expanding client relationships are often seen as positive signs. As a result, there can be a strong tendency to say yes to every opportunity that arises. While this approach may increase activity,…
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