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Thursday, 25 February 2010 10:37 |
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 Irish companies raised €288m in 2009, up 18.6% on the previous year according to the Irish Venture Capital Association (IVCA) Venture Pulse survey.
“This strong performance was against a backdrop of a severe credit crunch and global banking crisis,” commented John Tracey, chairman IVCA and CEO, TVC Holdings plc. He said that the record year in Ireland compared with significant falls in activity levels of between 50-70% in US and UK markets which were back to levels experienced in the late 1990s.
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Last Updated on Thursday, 25 February 2010 10:42 |
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Written by Michael FitzGerald
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Tuesday, 29 September 2009 09:42 |
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Invoicing is a major issue for all service businesses – one of the top five issues, certainly. Sales is certainly THE top issue, we should all be able to agree, but because invoicing reflects sales, in this sense invoicing is as important as sales. Invoicing is the MIRROR of your business, in both quantity and quality.
SOMETHING TO DO RIGHT NOW: Check how many invoices you are sending out on average per month. Now, resolve to set yourself one goal for next month: double it!
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Last Updated on Thursday, 01 October 2009 09:11 |
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Written by Administrator
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Monday, 28 September 2009 09:39 |
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In an attempt to encourage the establishment of new companies a three year remission from taxation from profits and capital gains for companies with a tax liability of less than €40,000 per annum was announced in Budget 2009. The aim is to provide a stimulus for entrepreneurs in a challenging commercial environment.
Companies that qualify will be fully exempt from corporation tax on trading profits and chargeable gains on the disposal of assets used for the new trade where the total amount of corporation tax does not exceed €40,000.
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Last Updated on Monday, 28 September 2009 09:47 |
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Written by Patricia Callan
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Monday, 22 June 2009 11:26 |
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 EU Finance Day for SMEs reveals:
- Irish banks have not sought to avail of EU financial instruments to assist SMEs
- Risk-averse nature of banks means government intervention necessary
- Government must stop being part of the problem delaying payments to small businesses
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Last Updated on Monday, 22 June 2009 19:02 |
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Written by Administrator
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Thursday, 05 March 2009 12:08 |
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The Director of the Small Firms Association, Patricia Callan, has endorsed the new statutory Code of Conduct for Business Lending to SMEs, published by the Financial Regulator. Callan stated: “We have worked hard with the Financial Regulator, the Departments of Finance and Enterprise, Trade & Employment, and all of the licenced banks to ensure that this Code will deliver for the small business community in practical terms. We particularly welcome the fact that all the licenced banks have agreed to be legally bound by the Code and that it is not restricted to the recapitalized banks, as originally announced”.
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Last Updated on Monday, 22 June 2009 19:08 |
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