Practice News

At Garvey Associates we know every business has hidden potential — pockets of profitability that often go unnoticed amidst the daily demands of operations. Identifying and unlocking these untapped profit centres can strengthen your bottom line and make your business more resilient in uncertain…

Director’s loans can be a useful tool for managing short-term cash flow between a company and its directors — but they’re not without risks. At Garvey Associates, we believe that misunderstanding how these loans work can lead to unexpected tax liabilities, compliance issues, and ev…

Securing investment is often a milestone moment for growing businesses. At Garvey Associates we always suggest considering what happens in the space between funding rounds — when the runway starts to shorten, and uncertainty begins to creep in? This period, often underestimated, is where robus…

For many business owners, sustainability has long been seen as a ‘nice-to-have’ — a gesture of goodwill rather than a financial imperative. But today, going green isn’t just good for the planet; it’s a smart move for your bottom line. At Garvey Associates we know that s…

Late payments are more than a nuisance — they can seriously disrupt your cash flow, limit growth, and cause unnecessary stress. For small businesses especially, maintaining a healthy balance between offering credit and getting paid on time is crucial. At Garvey Associates we believe that one o…

Selling a business is one of the most significant financial transactions an owner will ever make — yet many wait too long to bring their accountant into the conversation. Whether you’re planning to sell next year or simply considering your options, at Garvey Associates we believe that early in…

Many small businesses in Ireland pride themselves on being innovative — developing new products, improving processes, or creating smarter ways to serve their customers. Yet despite this, at Garvey Associates we believe a significant number are overlooking a powerful incentive designed to rewar…

As any seasoned business owner knows, certain times of the year can bring a surge in both revenue and responsibility. Whether it’s tax season, year-end reporting, or your industry’s peak trading period, busy seasons often mean longer hours, tighter deadlines, and higher financial pressur…

Securing funding is a crucial step for many businesses — whether you’re launching a start-up, expanding your operations, or developing a new product. But when it comes to financing your next move, one key question arises: should you pursue a grant or apply for a loan? At Garvey Associates we b…