FDC and Associates Limited are delighted to announce the merger, with Mark Kennedy & Co Accountants Ltd, that took place on January 2, 2025. This merger sees a significant expansion to FDC’s already strong presence in Waterford with three offices in Dungarvan, one office in Lismore and one office in Waterford City. Mark Kennedy and…
Many Irish SMEs operate in a constant cycle of activity. Day to day demands, customer needs and immediate financial pressures often dominate decision making. While this focus is understandable, it can create a pattern where short-term thinking takes priority over long-term strategy. In the early stages of a business, this approach can be effective. Flexibility…
As Irish SMEs grow, systems that once worked well can quietly become a limitation. What was efficient at an early stage can become slow, fragmented and increasingly difficult to manage as activity increases. The challenge is that this shift often happens gradually, making it difficult to recognise when systems are no longer fit for purpose….
For many Irish SMEs, rising costs are not driven by one major decision. They build gradually. A small increase here, a new subscription there, an additional staff role to support growth. None of these changes feel significant in isolation. Over time, however, they combine to create a steady increase in overheads that quietly erodes profit…
Pricing remains one of the most important and most mishandled areas within Irish SMEs. It directly affects profitability, cash flow, positioning, and long-term sustainability. Despite this, many businesses continue to approach pricing in a reactive or inconsistent way. The result is not always immediate. Businesses can operate for long periods with flawed pricing structures. They…
Many Irish SMEs take pride in long-standing client relationships. Loyalty is often seen as a sign of stability, trust, and consistent performance. Clients who return year after year provide predictable income, reduce the need for constant marketing, and create a sense of security within the business. On the surface, this looks like an ideal position….
It is a scenario that frustrates many Irish SME owners. The business is active, sales are consistent, and on paper performance looks solid. Yet, despite this, there is constant pressure on cash. Bills feel tighter than they should. Decisions are delayed. Investment is postponed. The immediate reaction is often confusion. If the business is generating…
There is a noticeable divide between Irish SMEs that consistently grow and those that remain static despite similar market conditions. It is easy to assume that this comes down to industry, location, or access to capital. While those factors play a role, the more consistent difference lies in behaviour. Specifically, financial habits. Growing businesses tend…
Many Irish SME owners measure success by how busy they are. Full calendars, constant emails, staff under pressure, and strong sales activity all create the impression of a healthy business. From the outside, it looks like progress. The problem is that activity and profitability are not the same thing. In fact, they often move in…
Stress testing is often associated with large organisations, but it is equally relevant for Irish SMEs. It involves assessing how a business would perform under different scenarios, particularly adverse conditions. The purpose is not to predict the future, but to prepare for it. One of the main benefits of stress testing is identifying vulnerabilities. This…
In many Irish SMEs, decisions are delayed not because of uncertainty, but because of competing priorities. While this may seem harmless, the cost of delayed decision making can be significant. Time is a critical factor in business. Opportunities are often time-sensitive, and delays can result in missed chances. Whether it is securing a contract, investing…