Business News

We here at Lillis Egan O’Beirn & Co believe that growth is one of the most important goals for any ambitious SME, but growth does not automatically create financial strength. Increasing sales, taking on employees, opening new premises or entering new markets can all require significant investment be…

We here at Lillis Egan O’Beirn & Co believe that tax planning should be part of an SME’s wider financial planning rather than something left until a payment deadline arrives. For Irish businesses, reviewing upcoming tax liabilities before year end can provide greater clarity over cash flow, reduce t…

We here at Lillis Egan O’Beirn & Co believe that winning a major customer can be an important milestone for an SME, but a large contract is not automatically a profitable one. Before signing, businesses should look beyond the headline value and understand the impact on margins, cash flow, working ca…

We here at Lillis Egan O’Beirn & Co believe that employment costs deserve much closer attention than simply looking at the salary paid to each employee. For Irish SMEs, the true cost of employment can include employer PRSI, pension contributions, benefits, recruitment, training, leave and other empl…

At Lillis Egan O’Beirn & Co we believe that financial resilience is an important part of running a successful business. An emergency fund can give an Irish SME greater flexibility when unexpected costs arise, customers pay late or trading conditions change. In 2026, where businesses continue to face…

At Lillis Egan O’Beirn & Co we believe that VAT should be considered as part of a business’s growth strategy, rather than treated solely as a compliance obligation. As an Irish SME expands, changes in turnover, customers, products, suppliers and trading arrangements can all affect its VAT position….

At Lillis Egan O’Beirn & Co we believe borrowing can be an important part of growing an Irish business, funding investment or managing a major opportunity. However, taking on significant debt is a decision that can affect cash flow, profitability and financial flexibility for years. Before committin…

At Lillis Egan O’Beirn & Co we believe that employee benefits can play an important role in attracting and retaining good people, particularly in a competitive employment market. However, the cost of benefits and perks can extend well beyond the headline figure. For Irish SMEs, understanding the ful…

At Lillis Egan O’Beirn & Co we believe that strong sales are only valuable when they translate into cash. For Irish SMEs, keeping a close eye on debtor days can provide an early warning that customer payments are taking too long and working capital is becoming stretched. A business can appear profit…

At Lillis Egan O’Beirn & Co we believe effective tax planning is about more than preparing for a tax deadline. For Irish SMEs, reviewing your position before the end of 2026 can help identify available reliefs, avoid unnecessary liabilities and ensure important financial decisions are made with a cl…