Vistage Ireland
The demise of County Enterprise Boards
If we can trust Fine Gael enterprise spokesperson Richard Bruton, the resort firms often enjoy when banks don’t want to know is now under threat.
Three out of four Dublin County Enterprise Boards have run out of funds to support new start-ups, according to Mr Bruton.
Dublin City CEB and Dun Laoghaire Rathdown CEB are no longer [...]
New SME accounting rules – pros and cons
“Irish companies are set to discard the UK accounting rules they have been moored to for decades and adopt an international accounting code – the so called IFRS – for small and medium sized businesses,” says BusinessWorld. Are you one of them?
Quoted companies already use IFRS, but so called “Non public Interest” or unquoted companies [...]
Credit watch
The sight and sound of AIB begging for an extension to the state banking guarantee probably did not engender a great deal of sympathy from SMEs. It certainly did not from this correspondent.
RTE business editor David Murphy says the fact AIB is “calling for it, shows things would be very difficult if the bank guarantee [...]
Interview – Patricia Rickard Clarke, Fulltime Commissioner, Law Reform Commission
Across the corporate and household sector, the impact of a great storm cloud of indebtedness is now being felt. The figures are quite startling.
Last year, the consultancy Amarach Research produced a report entitled: ‘The Debt of the Nation : How we Fell in and out of Love with Debt.”
This study estimated that in Ireland, the ratio of [...]
Top US Business Author Presents a Free Workshop to Business Leaders
Vistage Ireland chair Etain Doyle will be hosting a member guest day at the Fitzwilliam Dublin Hotel on the 23 June. The international speaker Gary Markle will present his session ‘Catalytic Coaching – A performance management system that works.’
In this highly interactive workshop tailored specifically to meet the needs of Vistage participants, Gary makes his case [...]
Greece’s spewing financial volcano, bank recapitalisation and the long term prospects for Ireland Inc.
They never said it would be easy. Just when it looks that Ireland’s battered economy is turning the corner, a storm builds to crisis proportions on the Euro zone’s South Eastern periphery.
The crisis has unfolded in distinct phases.
The first consisted of German Government foot dragging over the go ahead for a €45bn rescue package that helped to spark [...]
Finance for SMEs: Restarting the engine ..
Few doubt that small firms, the backbone of local communities, have been hit hard by the credit crunch. Many firms which would be viable when viewed from a long term perspective, have been forced prematurely to the wall, having been cut off at the knees by newly risk averse, cash strapped banks.
Crunching Hard and Deep
The accountancy group [...]
Profile – Jo Haigh, businesswoman
Jo Haigh is coming to Dublin this week to give a workshop to Vistage members and guests on ‘Finance for Non-Accountants’. Many CEOs get to the top because of their expertise in their profession, in sales/marketing or operations or whatever. They would not have survived without grasping the financial basics.
However, especially in difficult times, they [...]
Finance Act, 2010
The Finance Act has received a broad welcome from business. Those who are set to benefit, in particular:
- foreign executives assigned to work in the country.
- firms involved in leasing and fund management
- owners of intellectual property assets.
- providers of Islamic finance products.
- pensions providors
- people selling land under compulsory purchase orders
However, there are – as [...]
Innovation & job creation
The Government is banking on an innovation revolution to play a major part in extracting the country from the economic and financial black hole into which it has toppled so unceremoniously.
In the last few weeks, two leading State groups, FAS and the Innovation Taskforce, have produced major reports suggesting that further shifts up the technological tree can [...]
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