Practice News

At Lillis Egan O’Beirn & Co we believe one of the most underestimated challenges facing growing Irish SMEs is business complexity. Growth is often viewed as a positive sign of success. More customers, more products, more employees and more opportunities can all appear to indicate progress. However,…

At Lillis Egan O’Beirn & Co we believe many Irish SME owners spend considerable time focusing on sales, profitability and growth opportunities, yet often overlook one of the biggest barriers to long-term success. Operational bottlenecks can quietly restrict performance, reduce efficiency and increas…

At Lillis Egan O’Beirn & Co we believe one of the most dangerous assumptions in business is that higher revenue automatically means greater success. For many Irish SMEs, growth is viewed as the ultimate objective. More customers, more sales and bigger turnover figures often appear to signal progress…

At Lillis Egan O’Beirn & Co we believe one of the biggest differences between struggling businesses and successful businesses is not necessarily the quality of their products, the size of their team or even the strength of their sales. Often, the difference lies in how they use information. Many SME…

At Lillis Egan O’Beirn & Co we believe many financial challenges faced by Irish SMEs do not begin with falling sales, rising costs or economic uncertainty. Instead, they often start much earlier with weak planning. Business owners are frequently focused on serving customers, managing teams and respo…

At Lillis Egan O’Beirn & Co we believe one of the most underestimated threats to business growth is not a lack of sales, increasing competition or rising costs. Instead, it is often something that develops quietly in the background and receives far less attention than it deserves. Slow customer paym…

At Lillis Egan O’Beirn & Co we believe many Irish SME owners focus heavily on visible business challenges such as sales, staffing, cash flow and customer acquisition. While these areas are undoubtedly important, some of the greatest risks facing a business are often hidden beneath the surface. Risk…

At Lillis Egan O’Beirn & Co we believe one of the most frustrating experiences for any business owner is reaching a point where growth appears to stall. The business may have enjoyed several successful years, revenue has increased steadily and the customer base has expanded. Yet despite continued ef…

At Lillis Egan O’Beirn & Co we believe one of the most overlooked barriers to growth in Irish SMEs is not a lack of opportunity, customers or ambition. Instead, it is often a leadership issue that develops quietly as businesses expand. Many business owners struggle to delegate effectively. They rema…

Many Irish SMEs monitor financial information regularly. Revenue figures are reviewed, bank balances are checked and year-end accounts are prepared. These numbers are important and provide valuable insight into business performance.
However, financial results often tell business owners what…