Archive for December 2022
Don’t burn out this winter!
Kerry Lehane & Co Accountants understand that it is tough going for business owners this winter. With the labour market tight, businesses are understaffed, costs have gone up and illness is creating disruption. Add high rates of absenteeism, and remaining workers and business owners are under incredible pressure. When you love your job and always…
Read MoreThe importance of goodwill in your business
Kerry Lehane & Co Accountants understand the importance of goodwill, which in accounting refers to the intangible value that a company can hold, above and beyond the pure financial value of its assets. Goodwill covers areas like brand reputation, intellectual property, and both external and internal relationships. Kerry Lehane & Co Accountants believe that a…
Read MoreKeeping Account of Your Business
Kerry Lehane & Co Accountants believe that the importance of keeping accurate and up-to-date accounting records cannot be overstated. Proper accounting is essential for the success and sustainability of any business, regardless of its size or industry. Kerry Lehane & Co Accountants know that accurate accounting helps businesses to track their income and expenses, providing…
Read MoreHow to stay competitive in your industry
Kerry Lehane & Co Accountants know that it’s difficult to make your business stand out from the crowd, especially in the 21st century digital environment where businesses large and small are competing for the same customers. Kerry Lehane & Co Accountants understand that remaining competitive is vital for any business. If you stay ahead of…
Read MoreBusiness tips: The Importance of Cash Flow
The purpose of a business is to make money, and Kerry Lehane & Co Accountants understand that in order to achieve this you need to know the difference between profit and cash flow. Net profit is what you have left after you deduct all your business expenses from all your revenue. Kerry Lehane & Co…
Read MoreBusiness tips: Creating a plan for your exit strategy
Kerry Lehane & Co Accountants know that exiting your business is a big commitment. You’re leaving behind everything you’ve built up, so it’s vital that you have a plan of action and a clear route to your end goal. This means sitting down with your advisers to create a long-term exit strategy, with a plan…
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