Archive for July 2026
Hiring in 2026: The Full Financial Cost of a New Employee Beyond the Salary
Here is the hiring article redone with all source references removed.
Hiring in 2026: The Full Financial Cost of a New Employee Beyond the Salary
At Lombard we believe that hiring is one of the most important investments any SME will ever make, and like every investment, it deserves an honest calcul…
The Hidden Tax Cost of Poor Record Keeping: Why Revenue Penalties Are Avoidable
The Hidden Tax Cost of Poor Record Keeping: Why Revenue Penalties Are Avoidable
We here at Lombard believe that few business costs are as frustrating as the avoidable ones, and penalties for poor record keeping sit firmly in that category. Every euro paid to Revenue in fines, interest or settlement…
Why the Most Successful SMEs Review Their Business Model More Often Than Their Competitors
At Lombard we believe that one of the biggest differences between businesses that continue to grow and those that eventually lose momentum is how often they step back and question the way they operate. Many SME owners spend most of their time serving customers, managing staff and solving day-to-day…
Read MoreTop 5 Cash Flow Questions Every Irish SME Should Be Asking Before Year End
At Lombard we believe that the weeks before year end are among the most valuable in the entire financial calendar. This is the moment when business owners still have time to act, rather than simply record what happened. Cash flow sits at the centre of that opportunity. A business can be profitable o…
Read MoreThe Hidden Risks of Growing Without Regular Financial Health Checks
The Hidden Risks of Growing Without Regular Financial Health Checks
At Lombard we believe that growth without regular financial health checks is a little like driving faster without ever glancing at the dashboard. The journey may feel exciting, and for a while everything may appear to be going well,…
How Strong Financial Processes Create More Resilient Businesses
How Strong Financial Processes Create More Resilient Businesses
We here at Lombard believe that resilience is one of the most valuable qualities any business can possess, and that it is built long before it is ever tested. When economic conditions tighten, when a major customer is lost or…
How Weak Cost Recovery Can Quietly Reduce Business Profit
At Lombard we believe one of the most overlooked threats to profitability is not a lack of sales, but a failure to recover the true cost of delivering products and services. Many SME owners focus on winning new business, increasing turnover and maintaining customer relationships, yet give far less a…
Read MoreWhy Every Irish SME Should Review Its Cost Base Before Planning for Growth
At Lombard we believe that the best growth plans begin not with ambition, but with understanding. Before any business commits to hiring, expanding premises, launching new services or entering new markets, it should have a clear and honest picture of its existing cost base. Growth built on top of an…
Read MoreThe Financial Impact of Taking on the Wrong Type of Customer
The Financial Impact of Taking on the Wrong Type of Customer
At Lombard we believe that not all revenue is equal. In the pursuit of growth, many SMEs operate on the assumption that every new customer is a good customer. Sales targets are met, turnover rises and the order book looks healthy…
Why Strong Businesses Measure Performance Before Problems Appear
At Lombard we believe one of the defining characteristics of successful businesses is that they identify issues before they become expensive problems. Many SME owners only examine their financial performance closely when something has already gone wrong. Sales have fallen, cash flow has tightened, m…
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