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For many Irish SMEs, rising costs are not driven by one major decision. They build gradually. A small increase here, a new subscription there, an additional staff role to support growth. None of these changes feel significant in isolation. Over time, however, they combine to create a steady increase…

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Pricing remains one of the most important and most mishandled areas within Irish SMEs. It directly affects profitability, cash flow, positioning, and long-term sustainability. Despite this, many businesses continue to approach pricing in a reactive or inconsistent way.
The result is not alwa…

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It is a scenario that frustrates many Irish SME owners. The business is active, sales are consistent, and on paper performance looks solid. Yet, despite this, there is constant pressure on cash. Bills feel tighter than they should. Decisions are delayed. Investment is postponed.
The immediate reacti…

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Stress testing is often associated with large organisations, but it is equally relevant for Irish SMEs. It involves assessing how a business would perform under different scenarios, particularly adverse conditions.
The purpose is not to predict the future, but to prepare for it.
One of the m…

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In many Irish SMEs, decisions are delayed not because of uncertainty, but because of competing priorities. While this may seem harmless, the cost of delayed decision making can be significant.
Time is a critical factor in business. Opportunities are often time-sensitive, and delays can result in mis…

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Many Irish SMEs experience fluctuations in cash flow throughout the year. These patterns are often predictable, yet they are not always planned for effectively. Seasonality can create both opportunities and risks, depending on how it is managed.
Some businesses generate the majority of their revenue…

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Murphy O’Connor Accountants- Limerick - Ireland
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