Business News

Preparing for a Digital Audit: Steps to Ensure Compliance and Accuracy

5th December 2024

The rise of digitalisation has transformed the way businesses manage their finances, and with it, the auditing process. A digital audit focuses on examining financial records stored in digital formats, including software, cloud systems, and automated processes. This article from J McEvoy shows how p…

Read More

The Role of Financial KPIs: Measuring Success Beyond Revenue and Profit

3rd December 2024

When assessing the health of a business, it’s tempting to focus solely on revenue and profit. While these figures are important, at J McEvoy we know they don’t paint the full picture. Financial Key Performance Indicators (KPIs) allow businesses to evaluate performance more holistically,…

Read More

From Crisis to Stability: Building a Financial Contingency Plan for Your Business

28th November 2024

In a world of economic volatility, supply chain disruptions, and unforeseen global events, financial stability is a challenge for businesses of all sizes. For SMEs and larger firms alike, a well-prepared financial contingency plan is not just a safeguard—it’s a necessity. This article fr…

Read More

Mitigating Currency Risks: Strategies for Irish SMEs Trading Internationally

26th November 2024

As Irish SMEs increasingly engage in international trade, managing currency risks has become a crucial aspect of maintaining profitability. Fluctuations in exchange rates can erode margins, disrupt cash flow, and create uncertainty for businesses reliant on cross-border transactions. This article fr…

Read More

Sustainable Tax Practices: How Green Initiatives Can Benefit Your Bottom Line

21st November 2024

As businesses face increasing pressure to reduce their environmental impact, embracing green initiatives is not only good for the planet but also for profitability. At J McEvoy, we know that sustainable tax practices offer a unique opportunity for businesses to align their environmental goals with f…

Read More

The Value of Scenario Planning: Preparing Your Business for the Unexpected

19th November 2024

In an unpredictable world, businesses face constant challenges that can disrupt operations, alter markets, or upend growth plans. At J McEvoy, we know that scenario planning is a vital strategy that helps business owners prepare for the unexpected, enabling them to adapt swiftly and maintain resilie…

Read More

From Start-Up to Scale-Up: Financial Strategies for Business Growth

14th November 2024

Growing from a start-up to a scale-up is an exciting yet challenging journey, requiring a shift in financial strategy to support sustained expansion. Unlike start-ups, which are often focused on survival, scale-ups aim for stable growth, market presence, and increased profitability. This article fro…

Read More

Financial Wellness for Business Owners: Ensuring Personal and Professional Stability

12th November 2024

For business owners, financial wellness goes beyond simple profitability. It’s about creating a stable and sustainable financial life that supports both personal well-being and professional growth. Achieving financial wellness means building a resilient financial foundation that allows busines…

Read More

The Essentials of Sustainable Financial Practices for Modern Businesses

7th November 2024

In an era where environmental and social responsibility is increasingly valued, sustainable financial practices have become essential for modern businesses. Sustainable finance goes beyond profits, incorporating strategies that ensure long-term success while supporting social and environmental well-…

Read More

The Business Case for Employee Retention: Financial and Strategic Benefits

5th November 2024

In today’s competitive business landscape, employee retention is more than just a human resources focus—it’s a strategic advantage with significant financial benefits. Retaining skilled employees not only reduces costs but also fosters a productive, motivated workforce. In this art…

Read More