Practice News

We here at Local Solicitor believe that cash flow problems rarely appear overnight. By the time a business owner realises there is not enough cash available to cover wages, suppliers or other commitments, the underlying problem may have been developing for months. Understanding the early warning sig…

We here at Local Solicitor believe that pricing is one of the most important financial decisions a business makes, yet it is often one of the least reviewed. Many businesses increase prices only when costs rise significantly, leaving years of small cost increases, additional work and changing market…

At Local Solicitor we believe that strong sales are only one part of building a financially resilient business. An SME can have an excellent relationship with a major customer or a highly successful product, but relying too heavily on one source of revenue can leave the business exposed when circums…

At Local Solicitor we believe that strong credit control is essential for maintaining a healthy and predictable business. Late payments can appear to be an ordinary part of trading, but when overdue invoices become a pattern, they can put pressure on cash flow, increase administrative costs and rest…

At Local Solicitor we believe that financial forecasting gives business owners something that historical accounts alone cannot provide: a clearer view of what may happen next. For Irish SMEs, forecasting can help identify cash flow pressure, plan investment, understand upcoming tax liabilities and m…

We here at Local Solicitor believe that many SMEs focus closely on obvious costs such as wages, rent and supplier prices while overlooking the financial impact of inefficient processes. Time wasted, errors repeated, unnecessary administration and poor communication can quietly reduce profitability e…

We here at Local Solicitor understand that every business owner faces difficult decisions. Whether it is investing in new equipment, hiring staff, reviewing pricing, or reducing unnecessary costs, there is often a temptation to wait for the “right time”. While careful consideration is important, del…

We here at Local Solicitor understand that pricing is one of the most important decisions any business owner makes. In uncertain markets, where costs fluctuate, customer behaviour changes, and competition can become more intense, getting your pricing strategy right is essential. While many businesse…

At Local Solicitor we believe that growth is something every business owner strives for, although expansion can also introduce new financial risks. Rising sales, new customers, and increasing demand often create the impression that everything is moving in the right direction. However, businesses tha…

We here at Local Solicitor understand that many business owners naturally focus on increasing sales. Strong turnover is an important sign of growth, although it does not always reflect the true financial health of a business. A company can enjoy record sales while facing serious cash flow pressures…