Practice News

Selling a business is one of the most significant financial decisions an owner will ever make. Whether you’re planning to retire, move on to a new venture, or simply cash in on years of hard work, a strategic exit plan is essential to maximise the value of your business. At Lombard Accountants , we believe…

Director’s loans can be a useful tool for managing short-term cash flow between a company and its directors — but they’re not without risks. At Lombard Accountants , we believe that misunderstanding how these loans work can lead to unexpected tax liabilities, compliance issues, and even personal financial exposure. If you’re a company director, it’s…

Securing investment is often a milestone moment for growing businesses. At Lombard Accountants we always suggest considering what happens in the space between funding rounds — when the runway starts to shorten, and uncertainty begins to creep in? This period, often underestimated, is where robust financial planning becomes not only essential but strategic. Cash Flow…

For many business owners, sustainability has long been seen as a ‘nice-to-have’ — a gesture of goodwill rather than a financial imperative. But today, going green isn’t just good for the planet; it’s a smart move for your bottom line. At Lombard Accountants we know that sustainable practices can lead to significant cost savings, operational…

Late payments are more than a nuisance — they can seriously disrupt your cash flow, limit growth, and cause unnecessary stress. For small businesses especially, maintaining a healthy balance between offering credit and getting paid on time is crucial. At Lombard Accountants we believe that one of the most effective ways to take control is…

Selling a business is one of the most significant financial transactions an owner will ever make — yet many wait too long to bring their accountant into the conversation. Whether you’re planning to sell next year or simply considering your options, at Lombard Accountants we believe that early involvement from your accountant can make a…

Many small businesses in Ireland pride themselves on being innovative — developing new products, improving processes, or creating smarter ways to serve their customers. Yet despite this, at Lombard Accountants we believe a significant number are overlooking a powerful incentive designed to reward exactly that: Research & Development (R&D) Tax Relief. This government-backed scheme allows…

As any seasoned business owner knows, certain times of the year can bring a surge in both revenue and responsibility. Whether it’s tax season, year-end reporting, or your industry’s peak trading period, busy seasons often mean longer hours, tighter deadlines, and higher financial pressure. At Lombard Accountants , we know that financial stress isn’t just…

Securing funding is a crucial step for many businesses — whether you’re launching a start-up, expanding your operations, or developing a new product. But when it comes to financing your next move, one key question arises: should you pursue a grant or apply for a loan? At Lombard Accountants we believe that both options have…

Many businesses focus heavily on what the market will bear when setting prices — but fail to fully account for their own costs. Over time, this disconnect between costing and pricing can quietly erode profit margins, even in seemingly successful businesses. At Lombard Accountants we believe that understanding the difference — and the relationship —…