First in Davy's SME Series - Plan ahead to get your business working for you (not the other way around)
Philip Smith, a senior private client adviser with Davy, writes that thinking more like a shareholder can help business owners turn profitability into personal financial success.
Gillian Horan, Managing Director and Chief Brand Strategist of branding agency, The Pudding, writes that building a strong brand drives business growth.
So far in 2017, we are seeing an increase in the amount of disposals by NAMA, banks and funds of distressed properties with a purchase price of between €2 million and €15 million. Many of these transactions will involve receivers acting as vendors.
Leadership training guru Dale Carnegie once said, "people work for money but go the extra mile for recognition, praise and rewards".
Revenue’s Small Benefit Exemption (SBE) is a perfect opportunity for employers to test that theory with an annual tax-free gift to staff worth up to €500 each year. For an employee on the marginal rate, this gift is effectively worth over double the value and the employer pays no payroll contributions such as PRSI. A win-win.
Justin Moran, Governance, Risk and Internal Controls Director in Mazars, explores why recent calls for the reform of executive pay and the awarding of public sector contracts to companies are the early warning signs for mandatory corporate governance requirements in the private sector. Justin also provides six steps to improved corporate governance for private sector business.