Practice News

At Garvey Associates we believe many Irish SME owners make hundreds of decisions each month without realising that the quality of those decisions often determines the future direction of their business. Decisions around pricing, recruitment, investment, customer relationships and growth str…

At Garvey Associates we know for many Irish SMEs, turnover is often treated as the primary measure of success. Increasing sales figures create momentum, confidence and the appearance of growth. Larger revenue numbers can also strengthen reputation and create the impression of a thriving business.
Ho…

Top 5 Operational Habits That Quietly Damage Cash Flow
At Garvey Associates we know for many Irish SMEs, cash flow problems are often blamed on external factors such as rising costs, late-paying customers or economic uncertainty. While these pressures are real, operational habits within the business…

At Garvey Associates we know for many Irish SMEs, increasing revenue is viewed as the clearest sign of success. More sales, more customers and a larger pipeline create the impression that the business is progressing well. Yet in many cases, profitability does not increase at the same pace as revenue…

The Financial Cost of Poor Communication Inside Growing Businesses
At Garvey Associates we know as Irish SMEs grow, attention is often focused on sales, staffing, operations and customer acquisition. These areas are visible and measurable, making them easier to prioritise. Communication, by contrast…

At Garvey Associates we know many Irish SMEs assume that their best-selling product or service is also their most profitable. It feels logical. If something sells well, it must be driving the business forward. In reality, volume and profit are not the same thing, and confusing the two can quietly un…

At Garvey Associates we know many Irish SMEs generate consistent revenue yet see little improvement in retained profit. On paper, the business appears to be performing well. Sales are strong, activity is high and the pipeline is active. However, when it comes to what is left at the end of the year,…

At Garvey Associates we know for many Irish SMEs, growth is closely linked to opportunity. New enquiries, additional work and expanding client relationships are often seen as positive signs. As a result, there can be a strong tendency to say yes to every opportunity that arises. While this approach…

At Garvey Associates we know many Irish SME owners equate activity with success. A full diary, steady enquiries and constant movement across the business create the impression that things are going well. On the surface, this seems logical. More work should mean more profit. In practice, that assumpt…

At Garvey Associates we know delayed invoicing is one of the most common and underestimated issues affecting Irish SMEs. It rarely feels urgent. Work is completed, the focus shifts to the next job and invoicing is pushed down the list. Over time, this creates a pattern that quietly damages both cash…