The Challenges Facing Irish Entrepreneurial Businesses – Managing Cashflows and Budgeting

Business, Partner Content, Video | Wed 26 Sep | Author – Business & Finance
Jennifer Kelly, Mazars Ireland’s Senior Accounting and Outsourcing Manager

Mazars Ireland’s Senior Accounting and Outsourcing Manager Jennifer Kelly takes us through the importance of budgeting and the key steps to take to avoid cashflow issues in our collaborative series.

PARTNER CONTENT IN ASSOCIATION WITH MAZARS

The majority of entrepreneurial mid-size companies operate at worrying levels of liquidity; with most having only 3 days of cash contingency or less. In our most recent video, Jennifer outlines the key areas to focus on when optimising cash management within a business as well as the importance of budgeting and what steps to take when forecasting cashflows.

To find out more, watch the full interview here:

See our previous interview with Audit & Advisory Partner Emer O’Riordan on Driving the Value of your Business here.

At Mazars, working closely with and studying entrepreneurial businesses has highlighted many common challenges facing these companies regardless of their business model or sector. These challenges range broadly from implementing long-term business strategies to the issues surrounding succession planning. At Mazars we are dedicated to helping those who lead entrepreneurial businesses to re-align the focus required to maximise the long-term value of their business.

For more information please see details of the Mazars Optimize programme www.mazars.ie/Home/Optimize