Practice News

Moroney & Co Accountants know that turning a profit is at the heart of running any successful company. But should profits be the only financial focus if you’re looking to create a stable, long-term business? Moroney & Co Accountants understand that cashflow is the beating heart of your business. Without an even and predictable flow…

Moroney & Co Accountants understand that optimism among business owners was high coming into 2022. But a number of factors are now making things a lot more challenging: Global events are pushing up energy prices to astronomical levels. Ongoing supply-chain issues are making it difficult to source raw materials. A scarcity of talent is causing…

Moroney & Co Accountants understand that making your business stand out in a crowded market can be a challenge, but differentiating your business will be key to attracting the right customers and giving them a reason to choose you over a competitor. Moroney & Co Accountants believe it’s important to identify your unique selling point…

Generally speaking, an exit strategy will be put in place years before your planned exit date. This gives you time to work on your sale plan and deal with any succession issues. Moroney & Co Accountants know that a clear exit strategy gives you the time needed to add additional value to the business prior…

Moroney & Co Accountants understand that whatever your sector, niche or marketplace, there’s almost certainly going to be other competitors in that space – but do you know who they are and what threat they pose? Are you the only provider of your specialism, or are you one of many companies that are all vying…

Moroney & Co Accountants will discuss how your profit and loss statement (P&L) helps you understand your business performance and profitability over time. It’s sometimes called an income statement and its main purpose is to list income and expenditure. Whereas a balance sheet is a snapshot in time, the P&L shows transactions over a specific…

Moroney & Co Accountants understand that more than ever, cashflow is a vital part of staying afloat, whether your business is in recovery or growth mode. Moroney & Co Accountants know that revenue, profit and your bottom line all deserve your attention. But keeping everything running is the baseline. Regular cashflow forecasts help you keep…

Moroney & Co Accountants know that every business has a finite lifespan. Some may last for decades, and some may only last a couple of years. As the owner of a business, Moroney & Co Accountants understand that the life of your business is likely to be strongly aligned with your own life goals and…

We recognize that the client is always right here at Moroney & Co. Not only is it wise business management to keep customers satisfied, but it also encourages repeat business. You want your clients to feel appreciated and that they are doing business with a company that values their patronage and is eager to express…

Moroney & Co Accountants know that in this challenging business landscape, if you are considering a significant change, your head is no doubt filled with questions. I’ve decided to restructure. What’s the best way to do this? Restructuring is never easy but if it’s necessary to keep your business afloat, here is a process you…