Posts Tagged ‘SME Advisor’
Future-proof your talent base in 2018
Article by Patrick Sutton, Partner, O’KellySutton in The Sunday Business Post, 28th January 2018 The Irish unemployment rate fell to a nine-year low in November 2017 of just 6.1 per cent. This is expected to fall further in 2018 to close to 5 per cent. It’s getting to the stage where employees can pick and choose who they…
Read MoreEmployment and Investment Incentive Scheme (EIIS)
The most recent increases to the EIIS scheme were a step in the right direction. This is a very important tax relief scheme for investors and one that many companies use to raise much needed seed capital. Over the last number of years O’KellySutton have advised and assisted several companies in their quest to raise…
Read MoreHiring your first executive
Sunday Business Post, January 2017 by Patrick Sutton As a start-up founder, you will be working very long hours, possibly seven days a week, and managing all aspects of the business. As time moves on, you begin to build a team around you to fulfill certain roles such as admin, finance, technical, production, or sales.…
Read MoreStrategic Business Planning for SMEs and Family Businesses
Businesses who should undertake the O’KellySutton Strategic Business Planning (SBP) programme are those who: want to achieve growth – taking on new owners or investors – launching new products – moving into new markets – increasing size of workforce – looking to kick start their business – next generation joining the business – where buying…
Read MoreWhy a lack of innovation and R&D in SME’S – 15 reasons
Not withstanding the announcement of the Knowledge Development Box in the recent Budget 2016, last year of the total business expenditure on research and development, circa 75% was carried out by foreign owned firms and only 25% by SME’s. So while the Knowledge Development Box is very attractive for large corporates and multinationals it doesn’t address…
Read MoreBusiness plans for start-ups
10 key questions 1. What is the product or service? 2. What is its unique value propositions? i.e. difference to the rest of the crowd 3. What’s the market opportunity? 4. What is the strategy or vision? Long term vision (first step), short term vision (second). 5. How do you sell your product? 6. Who…
Read MoreInvestments in Irish Tourism compared to Irish SMEs
Tourism is Ireland’s largest indigenous industry and a critical component of the export economy, accounting for €5.7 billion in spending in 2013 and represents 4% of Ireland’s GNP. The derived spend is enormous for the Government with approximately 65 cent in every euro going back by way of some form of tax or levy. Tourism…
Read MoreGovernment announces Jobs Initiative – ‘Connect Ireland’ (March 2012)
It will be interesting to see what take up there will be on the latest Government jobs initiative launched “Succeed in Ireland”. It is an innovative programme, launched on 8th March 2012. It aims to create 5000 jobs within five years by targeting international companies and business people, who would otherwise not be reached by…
Read MoreGovernment announces Entrepreneurship Development Programme – ‘New Frontiers’ (Feb 2012)
Pat Sutton of O’KellySutton Chartered Accountants and Strategic Business Advisors is pleased to see another Entrepreneurship initiative launched. The government announced a new national entrepreneurship development programme ‘New Frontiers’ in February 2012. It will be delivered at a local level through Institutes of Technology throughout Ireland.
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