Archive for March 2026
Short-Term Wins vs Long-Term Stability: Making Better Financial Trade-Offs
At Garvey Associates we know every business faces pressure to deliver results in the short term. Whether it is hitting monthly targets, securing new contracts or managing cash flow, immediate performance often takes priority. However, focusing too heavily on short-term gains can come at a cost. Deci…
Read MoreCompany Secretarial Compliance: Key Filing Deadlines Directors Cannot Miss
For Irish company directors, staying on top of company secretarial obligations is not optional. Compliance with filing deadlines is a core responsibility, and failure to meet these requirements can result in penalties, reputational damage and, in some cases, legal consequences. In 2026, with…
Read MoreMargin Under Pressure: How Irish SMEs Can Protect Profit Without Raising Prices
At Garvey Associates we know rising costs continue to challenge Irish SMEs across every sector. Labour, energy, materials and financing have all increased, yet many businesses feel constrained when it comes to increasing prices. The risk of losing customers or becoming uncompetitive is real. However…
Read MoreDividend Planning in 2026: What Irish Company Owners Should Consider
For many Irish company owners, dividends remain a key method of extracting profits from their business. While dividends can offer flexibility, effective planning is essential to ensure they are paid in a tax efficient and compliant manner. In 2026, with ongoing changes in tax rules and econo…
Read MorePersonal Guarantees and Directors: Understanding the Financial Exposure
For many Irish SME directors, securing finance is a necessary step in growing a business. Whether funding expansion, purchasing equipment or managing cash flow, lenders often require more than the company’s assets as security. This is where personal guarantees come into play. While the…
Read MoreProtecting Minority Shareholders: Governance Best Practice for SMEs
In many Irish SMEs, ownership is shared between a small number of founders, investors or family members. While majority shareholders often control strategic decisions, minority shareholders still hold important rights and interests in the business. Protecting these interests through good governance…
Read MoreThe Risks of Director’s Loans: What Revenue and the CRO Expect
Director’s loans are a common feature of many Irish SMEs. In smaller companies, the line between personal and business finances can sometimes become blurred, particularly where directors inject funds into the business or withdraw money during the year. While director’s loans can…
Read MoreExtracting Profits Tax Efficiently: Salary, Dividends or Pension Contributions?
For many business owners, generating profit is only part of the financial equation. The next question is how to extract those profits from the company in the most tax efficient way. In Ireland, SME directors commonly use a combination of salary, dividends and pension contributions to access profits….
Read MoreShareholder Agreements Explained: Why Every SME Should Review Theirs
Many Irish SMEs begin as partnerships between friends, family members or business colleagues who share a common vision. In the early stages, relationships are often strong and formal agreements may seem unnecessary. However, as businesses grow and circumstances change, having a clear shareho…
Read MoreImproving Decision-Making Through Better Monthly Financial Reviews
At Garvey Associates we know for many Irish SMEs, monthly financial reviews are treated as a routine compliance exercise. Accounts are prepared, figures are noted and attention quickly shifts back to day to day operations. Yet in 2026, with tighter margins and increased volatility, businesses that u…
Read More