Archive for August 2021

Lombard Accountants knows that running a business will always mean incurring certain expenses, or ‘spend’. There are always costs, overheads and supplier bills that mount up – and these expenses will gradually chip away at your cash position, making it more difficult to grow and make a profit. So, what can you do to reduce…

So, what’s the difference between wearing the Director hat and the Leadership hat? In a nutshell, Director is a strategic role and Leadership is an operational role. At Lombard Accountants, we have refined our leadership and directorial structure. Has your company defined its leadership structure? The Lombard Accountants team has put together eight key differences…

We at Lombard Accountants understand that your small business may sometimes have to deal with the fact that a valued staff member may unexpectedly move on to a new opportunity. It is only natural to feel sad and disheartened when a staff member leaves you, especially if it was unexpected. However, to prevent any further…

The Lombard Accountants team are acutely aware that in this day and age online reviews have become the new go-to on social and they have tremendous power when it comes to influencing decision-making behaviours. Research shows that over half of all consumers are likely to seek out additional information and that online reviews matter most…

You will know as much as we do in the Lombard Accountants office that for your business to make money, you need to generate revenue. In the last eighteen months, you may have had to shift your thinking on how to generate revenue for your business. You produce revenue through your usual business activities, by…

The Lombard Accountants team knows that we all have the same amount of working minutes each day, but some employees achieve so much more than others. How can you free up time to help lead a better business and ultimately achieve your businesses goals? So what type of employee do you need to keep an…

The Lombard Accountants team realise that the post-Covid economy in Ireland has created a number of challenges for the average business. Depending on your business purpose and strategy, you may need to either upsize or downsize, to secure the long-term future of your company. But what are the implications of scaling up, or scaling down,…

It’s something that we have spoken about a lot in the Lombard Accountants offices lately. We know many businesses have been through a tough and transformative period through 2020 and into 2021. In some cases, companies have had to update, change and pivot just to survive – and this means having to rethink the core…

We at  Lombard Accountants understand that seasonal dips in income can be highly challenging when you’re a small business, especially trying to forecast in Covid times. But there are proactive ways to predict, plan for and overcome these dips in revenue yearly. The key to dealing with seasonal dips is to try and forecast when…