Small Business Credit Cards – Should You Use Them or Not?

business-credit-card

As an owner of a small business it is quite likely that you would have been at the receiving end of numerous credit card offers for running your business. It is worthwhile to consider the utility of credit cards for obtaining a line of credit and compare it with others available to you. Interestingly, credit cards have already emerged as the single biggest form of finance for small businesses. Small business credit cards - should you use them or not?

Continue reading
700 Hits
0 Comments

What is Invoice Finance?

invoice-finance

Invoice Finance is a flexible and revolving facility that provides funding to companies who provide trade credit to their debtors, the funds can be used for a variety of purposes such as working capital, negotiation of better terms with suppliers or as part of a funding package to acquire a business. The facility funds the company in the period from issuance of an invoice until their debtor makes payment – essentially it allows the company to release funds tied up in the working capital cycle.

Continue reading
335 Hits
0 Comments

Tips for Start-ups on Choosing the Right Accounting Software

accounting-software

Being unaware of the financial status of the business can cost startups dearly, at times leading to failed endeavours. But picking the right software takes time and can feel overwhelming. Here are some tips for start ups for choosing the right accounting software:

Continue reading
399 Hits
0 Comments

How Running a Green Fleet Can End Up Saving Your Business Money

green-fleet

Running a green fleet is beneficial in many different ways. Not only are you helping the environment by reducing your emissions, but you could end up saving money as well. Fleet car insurance brokers often offer a reduced price for eco-friendly drivers’ premiums. Here, we’ll look into green fleets and why they can make a significant difference to the world and your business costs.

Continue reading
309 Hits
0 Comments

11 Bookkeeping Basics Every Business Owner Should Know

bookkeeping-basics

Are you on top of your business accounting? Here are tips on bookkeeping basics that every business owner should know. They will help you bookkeep more efficiently and reduce the possibility of costly mistakes being made.

Continue reading
356 Hits
0 Comments

VAT in Ireland: Top Business Tips (Part 1)

7134-ub-_a_guide_to_vat-main

VAT isn’t something for business owners to fear – but it does need to be navigated proactively and with informed confidence. Here is part 1 of our series about VAT in Ireland: top business tips.

Continue reading
Tags:
561 Hits
0 Comments

Start Up Struggles: How to Cut Costs and Improve Efficiency

startup-struggles

When you consider the fact that the majority of business fail in the first five years, cutting costs and improving efficiency should be the mantra of any startup. If you follow sound financial principles, you can turn your business around and start pulling in a profit before your business reaches the dreaded state of no return. Here are some tips for how to cut costs and improve efficiency:

Continue reading
Tags:
802 Hits
0 Comments

20 Questions to Ask a Franchisor Before Considering a Franchise

20-questions-to-ask-a-franchisor

If you are considering joining a franchise you will need to carry out due diligence before coming to a decision. Any established, reputable franchisor will be ready to answer your questions and introduce you to the rest of their network. Here are 20 questions you should ask a franchisor before you make the decision to buy into a franchise.

Continue reading
733 Hits
0 Comments

10 Tips for Lowering Your Business Costs

lowering-business-costs

Running a successful business is not easy. The bottom line for a business to succeed is to generate more revenue than it spends. Generating revenue is obviously a key focus but reducing costs can also help. Here are 10 tips for lowering your business costs:

Continue reading
Tags:
323 Hits
0 Comments

5 Ways Your Small Business Can Save Money

ways-that-small-businesses-can-save-money

As a small business, you know that pinching pennies is a necessity in order to stay afloat. Small businesses need to find creative ways to use their cash so that they can compete with other businesses. Check out the following five ways your small business can save money.

Continue reading
488 Hits
0 Comments

5 Recommended Small Business Accounting Software Options

small-business-accounting-software

Unless you are a qualified accountant, odds are you’ll need some help with your business’s accounts. And you are probably going to need to invest in some accounting software. However, since there are so many products available, it can be tough to know what to choose. To help you make sense of it all, I have picked out some packages. Here are 5 recommended small business accounting software options:

Continue reading
663 Hits
0 Comments

Checklist For Company Valuation

checklist-for-company-valuation

Are you considering selling your business? If you are in the process of evaluating your company for sale then this checklist might be helpful, it's a list of things you need to consider when looking at your company valuation:

Continue reading
Tags:
857 Hits
0 Comments

Importing To Ireland - A Guide For SMEs

7137_-_ub_-_the_costs_of_importing_to_ireland-_a_guide_for_irish_smes-main

Globalisation continues to change the way businesses operate, enabling SME importers in Ireland to trade with new, previously difficult to reach markets. However, it’s easy to be caught out by unexpected or hidden costs. Importing can help businesses reduce manufacturing costs and gain an edge in a competitive local market. But firms need to be aware of and prepared for the various costs involved to make sure their import activity makes sound business sense. Here's a guide for SMEs to importing to Ireland:

Continue reading
447 Hits
0 Comments

Startup Investment Series A Term Sheet Example

term-sheet-agreement

As a startup founder seeking investment, you will soon come across term sheets. Here's a quick explanation about term sheets and a term sheet example that you can download and use for your business:

Continue reading
1072 Hits
0 Comments

Key Questions Companies Should Ask Before Switching to LPG

b2ap3_large_LPG-cylinders

If you've been considering switching your business energy from oil to LPG, then here are some key questions companies should ask before switching to LPG:

Continue reading
Tags:
338 Hits
0 Comments

Why Making Good Financing Choices Could Be The Difference For Business Survival

making-good-financing-choices

While banks and other financiers are in the business of lending and providing myriad forms of financing, they tend to shy away from start-ups, considering such enterprises risky. In the case of firms that provide services rather than products, they are even more unlikely to take a chance. Here's why making good financing choices could be the difference for business survival:

Continue reading
1289 Hits
0 Comments

7 Non-Venture Capital Financing Options for Startups

non-venture-capital-financing-options

It isn’t uncommon for entrepreneurs and small business owners to seek venture capitalists to fund their business. Venture capital (VC) is an institutional or private investment made into new businesses. However, if you are not interested in going this route, here are 7 non-venture capital financing options for entrepreneurs.

Continue reading
768 Hits
0 Comments

4 Simple Ways to Save Money in Your Business

save-money-business

The early weeks and months of a startup are a tenuous time. One of the ways businesses can get into hot water fast is when they burn through their available startup funds faster than anticipated—or, at least, so fast that they haven't built up the revenues to keep pace. Most startups and burgeoning small businesses are eager for actionable means of saving money now. Here are 4 simple ways to save money in your business that can help cut your expenses:

Continue reading
Tags:
1045 Hits
0 Comments

5 Ways to Reduce Your Business Fleet Running Costs

Ways-to-save-money-on-your-fleet

When you run a business that is reliant on a fleet of vehicles, that fleet can often be one of the most expensive costs your company faces. From petrol to services and MOTs, ensuring your fleet is up to scratch and performing safely is a hugely important consideration if your business is to run smoothly. Here are 5 ways to reduce your business fleet running costs:

Continue reading
794 Hits
0 Comments

How To Finance Your Startup

How-to-finance-your-startup

It is one of the most important responsibilities of the CEO to keep the business funded at all times. No funding equals no business. Here's how to keep your business financed:

Continue reading
1091 Hits
0 Comments

Member Login

Business Insights & Tips