Practice News

Many businesses focus heavily on what the market will bear when setting prices — but fail to fully account for their own costs. Over time, this disconnect between costing and pricing can quietly erode profit margins, even in seemingly successful businesses. At Garvey Associates we believe that…

Relocating or expanding a business is often a sign of growth, ambition, and long-term vision. Whether you’re opening a second location, moving to a larger premises, or entering a new market, these milestones come with significant financial implications. At Garvey Associates we believe that careful p…

In an increasingly knowledge-driven economy, intellectual property (IP) is one of the most valuable — and often overlooked — assets a business can own. At Garvey Associates we know that while tangible assets like buildings, stock, and equipment are easy to quantify, the ideas, brand iden…

Extending credit to clients is a common business practice, especially in B2B sectors. While it can help build strong relationships and encourage repeat business, at Garvey Associates we believe it also carries significant risk. Late payments — or worse, non-payment — can seriously damage…

In every business, assets are the foundation of operations — from equipment and office space to intellectual property and digital tools. However, many companies unknowingly sit on idle resources that could be working harder for them. At Garvey Associates we know that whether it’s underus…

When it comes to acquiring essential business assets—be it vehicles, machinery, or IT equipment—companies often face a key decision: should they lease or buy? While each option has its merits, at Garvey Associates we believe that the right choice depends on your business’s financia…

In a world where businesses strive for greater efficiency, innovation, and resilience, investing in staff development is no longer optional, at Garvey Associates we believe it’s essential. While training may appear as a cost on the balance sheet, its true value lies in the long-term returns it…

In business, time is money—but it’s also momentum, opportunity, and resilience. While caution can be wise, excessive hesitation often proves costly. At Garvey Associates we believe that delayed decisions—whether in investment, hiring, strategic direction, or process improvement&mda…

In today’s competitive business landscape, strong supplier relationships are more than just a logistical necessity—they can be a strategic asset that directly improves your bottom line. At Garvey Associates, we believe that by nurturing mutually beneficial partnerships with suppliers, bu…

For many businesses, data privacy compliance is seen as a legal obligation – a necessary, but burdensome, exercise to avoid fines and penalties. However at Garvey Associates we believe that forward-thinking businesses are recognising that compliance can offer far more than just regulatory protection…