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Why Strong Cash Reserves Give SMEs a Competitive Advantage

4th August 2026

At Lillis Egan O’Beirn & Co we believe that one of the greatest strengths any SME can develop is a healthy cash reserve. Many business owners naturally focus on increasing sales, improving profitability and expanding their customer base. While these are all important objectives, businesses with stro…

Top 5 Financial Warning Signs Your Business Is Becoming Too Reactive

3rd August 2026

At Lillis Egan O’Beirn & Co we believe that successful businesses are built on informed planning rather than constant reaction. Every business faces unexpected challenges from time to time, but when reacting to problems becomes the normal way of operating, financial performance often begins to suffe…

Top 5 Things Revenue Looks for When Reviewing an Irish SME’s VAT Returns

31st July 2026

Top 5 Things Revenue Looks for When Reviewing an Irish SME’s VAT Returns
At Lillis Egan O’Beirn & Co we believe that VAT deserves far more respect than it typically receives. For many SME owners, the bi-monthly VAT return is a routine chore, completed quickly and forgotten just as fast. Yet VAT is o…

Preparing for Interest Rate Changes: How Irish SMEs Can Protect Their Borrowing Costs

30th July 2026

Preparing for Interest Rate Changes: How Irish SMEs Can Protect Their Borrowing Costs
At Lillis Egan O’Beirn & Co we believe that interest rates deserve a permanent place on every SME owner’s agenda, not just a glance when the headlines turn dramatic. After a long period in which borrowing costs see…

The Financial Case for Outsourcing Your Payroll: What Irish Employers Should Weigh Up

29th July 2026

At Lillis Egan O’Beirn & Co we believe that payroll is one of those business functions that only attracts attention when something goes wrong, and by then the cost of the problem usually far exceeds the cost of preventing it. Paying people accurately and on time is a fundamental obligation, yet it h…

Top 5 Bookkeeping Habits That Make Year-End Accounts Faster and Cheaper

28th July 2026

We here at Lillis Egan O’Beirn & Co believe that year-end accounts should be the calm conclusion of a well-organised year, not a stressful archaeology project. Yet for many SMEs, the annual accounts process involves weeks of hunting for missing invoices, explaining mystery transactions and answering…

Debt or Equity: How Irish SMEs Should Think About Funding Their Next Stage

27th July 2026

At Lillis Egan O’Beirn & Co we believe that how a business funds its growth matters almost as much as the growth itself. Sooner or later, most ambitious SMEs reach a point where their plans exceed their cash: a larger premises, new equipment, additional staff, an acquisition or a push into new marke…

Why Every Irish SME Should Understand the Difference Between Profit Extraction and Reinvestment

24th July 2026

We here at Lillis Egan O’Beirn & Co believe that one of the most important financial decisions facing any successful business owner is also one of the least discussed: what to do with the profit. Once a business begins generating surplus cash, every euro faces a choice. It can be extracted, rewardin…

Top 5 Grants and Supports Irish SMEs Are Failing to Claim in 2026

23rd July 2026

At Lillis Egan O’Beirn & Co we believe that one of the most overlooked sources of funding for Irish SMEs is not a bank, an investor or a new customer. It is the extensive network of grants and supports already available, waiting to be claimed. Every year, a significant number of Irish businesses lea…

Hiring in 2026: The Full Financial Cost of a New Employee Beyond the Salary

22nd July 2026

Here is the hiring article redone with all source references removed.
Hiring in 2026: The Full Financial Cost of a New Employee Beyond the Salary
At Lillis Egan O’Beirn & Co we believe that hiring is one of the most important investments any SME will ever make, and like every investment, it deserves…