Practice News
Weighing up a big investment in your business
Are you considering investing in a new way to make your business more productive or streamlined? The Lombard Accountants team know that with a tight labour market, everyone’s time is at a premium – so finding ways to maximise productivity has never been more important. But it can take considerable funds to pay for a…
Read MoreManaging employee performance in your company.
It’s not a leap to suggest that your employees are the lifeblood of your business. The Lombard Accountants team recognizes that your employees must be able to perform efficiently, with the correct levels of engagement, motivation, and attention. If staff begin to underperform on a regular basis, productivity will suffer, therefore it’s critical that you…
Read MoreKeeping your company solvent and growing during a recession
Our Lombard Accountants staff understands that keeping your business afloat through a downturn, such as the one we’ve recently experienced in Ireland, requires agility, innovation, and resourcefulness. Flexibility in the face of adversity is also likely to be a key factor in your company’s survival during a recession. Lombard Accountants has some advice to assist…
Read MoreMaintaining your company credit score
The Lombard Accountants team know that your company’s credit score is important. To be able to borrow from lenders, or negotiate trade credit with your suppliers, your business needs to prove that it’s a low-risk business to lend to What can you do to keep that credit score up? Here are some tips from the…
Read MoreLearning to make good business decisions
We know in the Lombard Accountants office that making good business decisions is easier to do when you have excellent information at your fingertips – and that’s the value of having great reporting at the heart of your startup. Any cloud accounting software worth its salt will offer you straightforward ways to run your financial…
Read MoreThe basics of creating a business budget for your company
The Lombard Accountants team believes that a solid business plan can only benefit your company at any point in its development. A company budget is a key to expanding your business plan; it is one of the most important instruments in managing your business finances and actively turning your business into a success. A business…
Read MoreHow to establish your competitive advantage
The Lombard Accountants team understand that knowing what it is that makes someone choose your products and/or service over your closest competitor is critical business information. To drill down into the fundamental elements of your competitiveness, you need to ask some important questions about the nature of your products/services, so you know precisely why your…
Read MoreWhat should you consider when selling your business?
We occasionally deal with clients planning to sell their business at the Lombard Accountants office. When you decide it’s time to sell your company, you’ll want to get the best deal possible. And the sooner you start thinking about selling, the better, so your company is in the greatest possible situation to attract an investor.…
Read MoreMaking it easier for your business to get paid
The Lombard Accountants team know that ensuring you get paid on time is crucial to your success. The process of making sales and generating revenue lies at the heart of any business model. But you can’t manage your cash flow effectively or raise any profits if customers don’t actually pay their invoices. How do you…
Read MoreAccurate leave management for your business
Lombard Accountants understand that managing employee leave might seem like quite a basic task for many businesses – especially smaller ones with only a few employees – and it can be tempting to take a relaxed approach. But unless you diligently track, manage, and pay to leave for every single employee, your company could be…
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