Practice News
Margin Under Pressure: How Irish SMEs Can Protect Profit Without Raising Prices
At Francis O Kennedy & Co we know rising costs continue to challenge Irish SMEs across every sector. Labour, energy, materials and financing have all increased, yet many businesses feel constrained when it comes to increasing prices. The risk of losing customers or becoming uncompetitive is real. Ho…
Read MoreImproving Decision-Making Through Better Monthly Financial Reviews
At Francis O’Kennedy & Co Accountants we know for many Irish SMEs, monthly financial reviews are treated as a routine compliance exercise. Accounts are prepared, figures are noted and attention quickly shifts back to day to day operations. Yet in 2026, with tighter margins and increased volatility, businesses that use their monthly reviews strategically are…
Read MoreImproving Decision-Making Through Better Monthly Financial Reviews
At Francis O Kennedy & Co we know for many Irish SMEs, monthly financial reviews are treated as a routine compliance exercise. Accounts are prepared, figures are noted and attention quickly shifts back to day to day operations. Yet in 2026, with tighter margins and increased volatility, businesses t…
Read MoreThe True Impact of Stock Management on Cash Flow and Profit
At Francis O’Kennedy & Co Accountants we know for many Irish SMEs, stock is both an asset and a risk. It represents future sales, yet it also ties up cash that could be used elsewhere in the business. In 2026, with cost pressures and tighter margins affecting multiple sectors, effective stock management is no longer…
Read MoreThe True Impact of Stock Management on Cash Flow and Profit
At Francis O Kennedy & Co we know for many Irish SMEs, stock is both an asset and a risk. It represents future sales, yet it also ties up cash that could be used elsewhere in the business. In 2026, with cost pressures and tighter margins affecting multiple sectors, effective stock management is no l…
Read MoreAre Your Overheads Working Hard Enough for Your Business?
At Francis O’Kennedy & Co Accountants we know overheads are often viewed as a necessary cost of doing business. Rent, utilities, insurance, software subscriptions, administration and professional fees can quickly become accepted as fixed and unavoidable. Yet in 2026, with margins under pressure for many Irish SMEs, it is worth asking a more challenging question.…
Read MoreAre Your Overheads Working Hard Enough for Your Business?
At Francis O Kennedy & Co we know overheads are often viewed as a necessary cost of doing business. Rent, utilities, insurance, software subscriptions, administration and professional fees can quickly become accepted as fixed and unavoidable. Yet in 2026, with margins under pressure for many Irish S…
Read MoreThe Hidden Financial Risks in Long-Term Supplier Contracts
At Francis O’Kennedy & Co Accountants we know long term supplier contracts can provide stability, predictable pricing and security of supply. For many Irish SMEs, they feel like a sensible way to reduce uncertainty. However, beneath the surface, these agreements can create financial risks that quietly undermine profitability if not reviewed carefully. One of the…
Read MoreThe Hidden Financial Risks in Long-Term Supplier Contracts
At Francis O Kennedy & Co we know long term supplier contracts can provide stability, predictable pricing and security of supply. For many Irish SMEs, they feel like a sensible way to reduce uncertainty. However, beneath the surface, these agreements can create financial risks that quietly undermine…
Read MorePlanning for Expansion: Financial Considerations Before Hiring or Investing
At Francis O Kennedy & Co we know growth is often seen as a clear sign of success. Increased demand, new opportunities and stronger revenue can create momentum and optimism. However, expanding your business by hiring staff or investing in new assets requires careful financial planning. Without a str…
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