Author Archives: Comerford Foley

Monitoring Financial Performance – Can my SME do that?

Monitoring Financial Performance – Can my SME do that? It always surprises me the number of small business owners who feel that their business might be too small to monitor its financial performance regularly or to have targets in place. We are all busy, and sometimes as an entrepreneur or business owner, because you are

2016: How Comerford Foley has grown

2016: How Comerford Foley has grown When Comerford Foley was first founded five years ago, we had grand plans for our brand new accountancy firm – and 2016 has been a year that’s seen us making great strides towards our goal of being the most progressive accountant in Waterford County, and further afield across Ireland

I can claim the VAT on that……can’t I?

Frequently we are contacted in the office and asked the question “I can claim the VAT on that, can’t I?”, although in many cases it is phrased as a statement! In general a VAT registered business may, as long as goods or services are used for the business, deduct: VAT charged, by another VAT registered

11 tips for Business Owners to help increase profits!

11 tips for Business Owners to help increase profits! Goals – have a goal and a plan in place as to how you are trying to achieve this Goal. Make sure it is a stretch, that people would think you are crazy if you said it out load but that most importantly YOU believe you

My Business Loans have been Sold – What happens Now!

My Business Loans have been Sold – What happens Now! The sale of business loans is a very real issue facing businesses in Ireland today. A legacy of the financial crash, it is important that if you are impacted by such a sale you understand what this means and the options open to you. The

It’s all about the numbers!

It’s all about the numbers! While you could spend hours and several pages trying to explain what business is about, in essence it comes down to profits. The only way of knowing the profitability of your business at any stage is to have a real understanding of the numbers. As one of our more entrepreneurial