Practice News
Why Some SMEs Grow Revenue Faster Than They Grow Profitability
At Hurley Accountancy 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. Businesses become busier and turnover…
Read MoreThe Financial Cost of Poor Communication Inside Growing Businesses
The Financial Cost of Poor Communication Inside Growing Businesses At Hurley Accountancy 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, is frequently treated as a softer issue rather than a financial one.…
Read MoreThe Financial Cost of Poor Communication Inside Growing Businesses
The Financial Cost of Poor Communication Inside Growing Businesses
At Hurley Accountancy 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 contras…
Why Your Best-Selling Product Might Not Be Your Most Profitable
At Hurley Accountancy 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 u…
Read MoreWhy Your Best-Selling Product Might Not Be Your Most Profitable
At Hurley Accountancy 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 undermine financial performance. The key…
Read MoreWhy Some SMEs Struggle to Turn Revenue Into Retained Profit
At Hurley Accountancy 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,…
Read MoreWhy Some SMEs Struggle to Turn Revenue Into Retained Profit
At Hurley Accountancy 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, the outcome often…
Read MoreThe Cost of Always Saying Yes: How Overcommitting Damages Profit and Focus
At Hurley Accountancy 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…
Read MoreThe Cost of Always Saying Yes: How Overcommitting Damages Profit and Focus
At Hurley Accountancy 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 may increase activity, it can quietly…
Read MoreThe Profit Illusion: Why Busy Businesses Often Underperform Financially
At Hurley Accountancy 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 assumption often proves wrong. The profit illusion arises…
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