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Some things to consider if you are thinking of buying a business

We are aware here at Lombard Accountants that although we may be in a downturn that buying an existing business can be a great way to get started as a business owner or to expand operations if you are already running a successful business. Established businesses have already done the hard work of setting up…

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Five tips to improve company cash flow

It’s no secret to the team here at Lombard Accountants that cash is the lifeblood of any business. Once the cash flow into your company dries up, problems can quickly begin to multiply. Keep the cash running freely and you can continue to grow your business. Here are five tips for improving your cash flow…

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Addressing performance niggles in your workforce

We at Lombard Accountants understand that workforce performance niggles in your company often fall into one of the following categories: Attitude, Skill, Knowledge, or Support. This is also known as The Performance Matrix and it’s up to us as leaders to develop an individual member of our team’s knowledge through training, coaching, and to support…

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Five signs you’re undercharging for your company services

It’s a question every small or medium-sized business owner asks themselves when discussing their growing business, are we undercharging for our services? It can be hard to tell, particularly if you’re in a niche industry or you’re a contractor. With covid disrupting most markets, costs have been rising, so it may be time to rethink…

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Increasing sales for your company using the Value Ladder

It’s a tough marketplace out there at the moment, we at Lombard Accountants understand that. So how can you increase revenue in this climate? Let’s take a look at sales! One of the best ways to increase sales is to use the ‘Value Ladder’ to build a relationship with your customers. The Value Ladder system…

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Is it time to remove difficult clients?

The best clients make all the hard work you invest into your business worthwhile, we at Lombard Accountants appreciate that as much as you do. A good client will value your expertise, appreciate your team’s hard work and are friendly to work with. Also, they pay their invoices promptly. You and your team will always…

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Creating a single page marketing plan for your business

The Lombard Accountants team understand that Generating leads is the biggest challenge faced by many business owners as we enter the new normal of life with Covid. And if you want more enquiries, leads and sales, that means investing in more marketing for your small or medium-sized business. As Ireland slowly exits lockdown you may…

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What new businesses can learn from their competitors

We in the Lombard Accountants office understand that it takes little more than a laptop and a couple of social media pages to get a  new business off the ground these days. As a result, it’s next to impossible to create a unique product or service without competitors already offering a similar service or product…

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Keeping an eye on the forecast for your business

We here at Lombard Accountants know that in Ireland, we talk more than most about the weather forecast. But do you keep an eye on your companies business forecast? A business forecast tells us if there’s bad weather (poor cash flow) on the horizon based on the direction your company is heading. The difference between…

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