Practice News
Are 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…
Read MorePlanning for Expansion: Financial Considerations Before Hiring or Investing
At Francis O’Kennedy & Co Accountants 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 structured approach, growth can place pressure on…
Read MoreThe Real Cost of Discounting: Protecting Margins in Competitive Markets
At Francis O Kennedy & Co we know in competitive markets, discounting can feel like the quickest way to win new customers or secure a sale. Price reductions often generate short term activity, boost turnover and help clear stock. However, many business owners underestimate the true cost of discounti…
Read MoreThe Real Cost of Discounting: Protecting Margins in Competitive Markets
At Francis O’Kennedy & Co Accountants we know in competitive markets, discounting can feel like the quickest way to win new customers or secure a sale. Price reductions often generate short term activity, boost turnover and help clear stock. However, many business owners underestimate the true cost of discounting and the long term impact it…
Read MoreHow to Prepare Your Business for a Revenue Compliance Check
At Francis O’Kennedy & Co Accountants we know revenue compliance check can feel daunting, particularly for SME owners who are already managing multiple responsibilities. However, preparation and organisation can significantly reduce stress and disruption. With Revenue increasingly using data analytics and real time reporting tools, businesses must ensure their records and processes are consistently accurate.…
Read MoreHow to Prepare Your Business for a Revenue Compliance Check
At Francis O Kennedy & Co we know revenue compliance check can feel daunting, particularly for SME owners who are already managing multiple responsibilities. However, preparation and organisation can significantly reduce stress and disruption. With Revenue increasingly using data analytics and real…
Read MoreTop 6 Financial Reports Every Irish SME Owner Should Review Monthly
At Francis O’Kennedy & Co Accountants we know running a successful SME in Ireland requires more than strong sales and good intentions. Clear, consistent financial oversight is essential. Reviewing the right reports each month allows business owners to spot issues early, protect margins and make informed decisions. Here are six key financial reports every Irish SME…
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