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Strategies to Improve Profit Margins and Reduce Costs

When a business sees lower-than-expected profits, the focus often turns to increasing sales. But growth isn’t always the answer, especially if underlying costs are quietly eroding margins. In many cases, improving profitability starts by understanding exactly where your money is going and identifying what can be done more efficiently.

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Capital Investment Decisions: Assessing ROI on Big Purchases

Big investments can shape the future of a business but only if they’re made with clarity and purpose. Whether you're thinking about upgrading equipment, investing in new technology, expanding your premises, or adding a new fleet vehicle, large purchases should be assessed not just for affordability, but for impact. A rushed or reactive decision can tie up working capital, increase debt, and reduce flexibility. A well-considered one can drive growth, reduce inefficiency, and support long-term strategy.

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Budgeting for Success: Building a Smarter Financial Plan

A good budget doesn’t just track what you’ve spent, it maps where your business is going. Strong financial planning is essential to managing growth, controlling costs, and responding to change. Whether you are expanding your operations or tightening costs, a clear and realistic budget helps business owners stay focused, prepared, and accountable.

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Navigating the Payroll Changes Ahead

Over the next four years, Irish businesses will see a significant transformation in payroll regulations, systems, and compliance obligations. From SEPA file updates to pension auto-enrolment and gender pay gap reporting, employers need to act now to prepare for what’s coming.

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Beyond the Balance Sheet: Building Operational Resilience in Your Business

When we talk about resilience in business, it’s easy to focus solely on the numbers. Managing cash flow, planning for different financial outcomes, and maintaining liquidity are all critical. But resilience is about more than financial planning. It’s about ensuring your business can continue to operate, adapt, and recover when faced with disruption.

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Gender Pay Gap Reporting in Ireland

The conversation around workplace equality continues to grow, and Ireland is making significant progress in tackling one of its longest-standing challenges: the gender pay gap. In 2025, businesses across the country face expanded reporting requirements that demand focused attention and early preparation.

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The Future of Work

The workplace is undergoing substantial change. According to the World Economic Forum’s Future of Jobs Report 2025, which draws on insights from over 1,000 global employers across 22 industries, we are entering a new phase of workforce transformation. For Irish businesses and employees, these shifts bring both challenges and significant opportunities.

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IPASS 2025: Future-Proofing Payroll

The payroll landscape is changing rapidly. From AI to international compliance, staying ahead requires continuous learning and adaptation. That’s exactly what our team experienced at the Annual Payroll Conference & Exhibition 2025, held on 16 May, a single day packed with practical updates and strategic insights.

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Fueling Growth: Navigating Government Grants for Your Irish Small Business

Small businesses are at the heart of Ireland’s economy—driving innovation, supporting communities, and creating local jobs. To support this vital sector, the Irish government provides a range of grant schemes designed to help businesses grow. Unlike loans or equity investments, grants are non-repayable when used correctly.

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Building Financial Resilience for Uncertain Times

With the economic environment becoming increasingly more unpredictable, financial stability can’t rely on static projections alone. From shifting consumer trends to evolving legislation, businesses are being asked to adapt faster and smarter than ever before. Scenario planning has emerged as a practical way to prepare for uncertainty while maintaining focus on long-term goals.

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A New Era for Retirement: The Employment Bill 2025

Ireland’s retirement framework is set to change significantly with the introduction of the Employment (Contractual Retirement Ages) Bill 2025. This legislation will provide employees with the right to remain in work until the State Pension Age (currently 66) even where their employment contract specifies an earlier retirement age, such as 65 or below.

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How Small and Medium Businesses Can Use AI to Thrive in 2025

In today’s competitive environment, small and medium sized businesses have access to a powerful and increasingly accessible asset: artificial intelligence, commonly referred to as AI. While many business owners still view AI as a tool for large technology companies or firms with significant budgets, it is becoming increasingly clear that AI can be just as transformative, if not more so, for smaller operations.

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Financial Planning for Business Expansion

Expanding a business is an exciting opportunity, but it requires careful planning to avoid financial pitfalls. Whether you're opening new locations, diversifying your offerings, or scaling operations, ensuring financial stability is key. However, it also carries financial risks, such as cash flow shortages, increased debt burdens, and operational inefficiencies, which must be carefully managed.

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Business Support Philomena Lawlor Business Support Philomena Lawlor

Updates to Sick Pay Scheme - 2025

Ireland’s statutory sick pay scheme is a vital step in protecting employees' well-being and financial stability during periods of illness. This legislation ensures that employers provide a minimum level of paid sick leave, offering essential financial support when employees are unable to work due to illness or injury.

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