Practice News

Director’s loans can be a useful tool for managing short-term cash flow between a company and its directors — but they’re not without risks. At Local Solicitor, we believe that misunderstanding how these loans work can lead to unexpected tax liabilities, compliance issues, and even…

Securing investment is often a milestone moment for growing businesses. At Local Solicitor we always suggest considering what happens in the space between funding rounds — when the runway starts to shorten, and uncertainty begins to creep in? This period, often underestimated, is where robust…

For many business owners, sustainability has long been seen as a ‘nice-to-have’ — a gesture of goodwill rather than a financial imperative. But today, going green isn’t just good for the planet; it’s a smart move for your bottom line. At Local Solicitor we know that sus…

Late payments are more than a nuisance — they can seriously disrupt your cash flow, limit growth, and cause unnecessary stress. For small businesses especially, maintaining a healthy balance between offering credit and getting paid on time is crucial. At Local Solicitor we believe that one of…

Selling a business is one of the most significant financial transactions an owner will ever make — yet many wait too long to bring their accountant into the conversation. Whether you’re planning to sell next year or simply considering your options, at Local Solicitor we believe that early invo…

Many small businesses in Ireland pride themselves on being innovative — developing new products, improving processes, or creating smarter ways to serve their customers. Yet despite this, at Local Solicitor we believe a significant number are overlooking a powerful incentive designed to reward…

As any seasoned business owner knows, certain times of the year can bring a surge in both revenue and responsibility. Whether it’s tax season, year-end reporting, or your industry’s peak trading period, busy seasons often mean longer hours, tighter deadlines, and higher financial pressur…

Securing funding is a crucial step for many businesses — whether you’re launching a start-up, expanding your operations, or developing a new product. But when it comes to financing your next move, one key question arises: should you pursue a grant or apply for a loan? At Local Solicitor we bel…

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 Local Solicitor we believe that u…

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 Local Solicitor we believe that careful pla…