SMEs make up 99.8% of all enterprises in Ireland and employ over 68% of the workforce. Despite their crucial role, they face challenges in accessing supports, investments, and managing administrative burdens. ⬇ Chartered Accountants Ireland have put together a brilliant position paper that outlines the challenges and opportunities faced by SMEs, emphasising their crucial economic role. Explore more insights here: https://lnkd.in/e_dWZFpu #AccountingIreland #FinanceIreland #CharteredAccountantsIreland #SupportSMEs
Andrew Rittweger, FCA’s Post
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👉 5 top Tips for SMEs to thrive! More vulnerable, yet our future! In Ireland, SMEs (less than 250 employees) account for 99% of registered businesses, 68% of private sector employment and 39% of Gross Value added. As such, they are vitally important to the national economy & the future of this country. Yet, in times of uncertainty & rapid change, SMEs suffer the most because, in essence, they lack the time, specialist knowledge & resources to deal with non-operational matters. ➡ So, here are 5 top tips to help SMEs grow & thrive! ❇ At Finance OTC Consulting Ltd, we are passionate about enabling you to protect Cash Flow generation & optimize your Cash Conversion Cycle, so that your SME never runs out of oxygen. ❇ Want to know more about how we can help? Let’s have a FREE confidential discovery chat! Do reach out to us on [email protected] or indeed through https://lnkd.in/eecr9g8, we have a bonus in store for you😊 #smebusiness #thrivenotsurvive #businesssupportservices #cashflow #ordertocash #creditmanagement
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📝 This recent report provides a regional breakdown of its main findings, providing information that members of our different branches may find useful.
From Aberdeen to Perth, smaller businesses across Scotland face unique challenges and opportunities. Our latest SME Access to Finance report will help us tailor support to help smaller businesses across Scotland thrive. Published collaboratively with Scottish Enterprise, our report offers deep-dive analysis of smaller business finance across Scotland and a comparison to other Devolved Nations. Download your copy here 👉 https://lnkd.in/g43PKEpf #Scotland #SmallBusiness #SME #SmallBusinessResearch
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From Aberdeen to Perth, smaller businesses across Scotland face unique challenges and opportunities. Our latest SME Access to Finance report will help us tailor support to help smaller businesses across Scotland thrive. Published collaboratively with Scottish Enterprise, our report offers deep-dive analysis of smaller business finance across Scotland and a comparison to other Devolved Nations. Download your copy here 👉 https://lnkd.in/g43PKEpf #Scotland #SmallBusiness #SME #SmallBusinessResearch
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As a professional business adviser, which tactic would you recommend has the most impact on your SME clients? A) Conducting a Financial Health Check: Reviewing and assessing their current financial standing, identifying areas for improvement, and strategies for a stronger financial position by year-end. B) Increasing Working Capital Finance: Securing additional working capital finance to support operational needs, capitalising on growth opportunities, and navigating unexpected challenges. C) Exploring New Revenue Streams: Diversifying sources of income by exploring new products, services, or markets to ensure a more stable and resilient revenue stream. D) Implementing Lean Operations: Streamlining internal processes, cutting unnecessary costs, and optimising efficiency to ensure a lean and agile business model for the remaining months and the upcoming year. Haven't covered all the bases - Add your answer in the comments! ========== At Fifo Ireland, we're dedicated to helping Irish SMEs thrive. #FifoCapitalIreland #BusinessPartners #BusinessFinance
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The government has launched the Growth Guarantee Scheme, set to support 11,000 smaller businesses across the country! Whether you're a start-up or an established SME, this initiative may offer you the financial boost and security you need to scale and thrive. 💼 To learn more read here- https://lnkd.in/eJr5H2C5 #growth #smallbusiness #financialboost
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Irish government grants, funding opportunities, and incentives offer financial support to businesses. IrishCompany.eu guides companies through the application process, increasing their chances of securing this valuable funding. Understand how it works by clicking here : www.irishcompany.eu #IrishFunding #IrishCompanyEu #BusinessSuccess
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Optimism among Irish small businesses has seen a significant recovery since the beginning of 2024. According to recent surveys, 86% of SMEs are now optimistic about the business environment, a substantial increase from 70% last year (Think Business). This positive shift reflects growing confidence in the local economy despite ongoing challenges such as recruitment and retention of staff. In these dynamic times, managing finances effectively is not just crucial—it's essential for survival. If you're an SME or have clients in this sector, contact us to learn how we can help you thrive in this evolving economic landscape. Call 0851340522 today. #FinancePro #BusinessFinances #OutsourceYourFinancialManagement
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'Measures designed to strengthen the SME sector are so important” - KPMG’s Julie Healy discussing the impact of Budget 2025 on SMEs in today’s Irish Examiner. Read her insights here: https://lnkd.in/ete5wpHs
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The government has launched the Growth Guarantee Scheme, set to support 11,000 smaller businesses across the country! Whether you're a start-up or an established SME, this initiative may offer you the financial boost and security you need to scale and thrive. 💼 To learn more read here- https://lnkd.in/e2ZV-Qk4
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The SEIS Scheme: A Guide for SMEs and Investors in the UK in 2023 ▸ https://bit.ly/3E437Rl #GrossAssetsWorth #HighGrowthPotential #ProvenTrackRecord #OfferingTaxReliefs #SupportingSmallBusinesses #CapitalGainsTax #AttractiveInvestmentOpportunity #SeisSchemeWorks #SmallBusinesses
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