Practice News

The Moroney & Co Accountants team encounter new business often and we are always curious WHY people are setting up these businesses? You’ve had your initial business idea and written a plan. But do you know WHY you’re creating this business, or HOW you’ll deliver your end product/service? What will the company’s underlying purpose be…

We at Moroney & Co Accountants know that for a startup, the key thing is to define what your idea brings to the marketplace. This way, you know WHY you’re starting this venture and – crucially – whether it’s a viable business model. As the old saying goes, ‘Fail to plan, plan to fail’. So,…

We at the Moroney & Co Accountants office know that when you’re a small business owner, asking for payment on overdue invoices can sometimes be a delicate matter. If your business doesn’t have an accounts department, sometimes you’re trying to secure new work and chase invoices from the same person. That can be an awkward…

The Moroney & Co Accountants team has a question for you. Is your business using e-invoicing? It’s a fantastic way to protect yourself and your customers from invoice scams, and it can help you get paid faster. E-invoices replace emailed PDF invoices or links to online invoices. Instead, e-invoices are delivered securely to your clients,…

We know at Moroney & Co Accountants that a great business idea is an excellent starting point for a company. But without funding to provide the necessary capital, your business idea could be dead before it’s even begun. Think about how much investment you’ll need to get going, the different routes to funding and the…

We are acutely aware in the Moroney & Co Accountants office that to trade as a business, you need to meet the right compliance requirements. It’s certainly not the most exciting part of creating a business, but setting up the right legal, accounting and tax compliance foundations ensures that you’re doing everything by the letter…

We in the Moroney & Co Accountants office know from working with new businesses that getting your head around the basics of bookkeeping, accounting and good financial practice may not come naturally to all business owners. But the better you understand the numbers, the more control you’ll have over your business and your decision-making. To…

The Moroney & Co Accountants team know that the foundational goal of any business is to make a profit. As a business owner, that’s one of your key financial aims – to make enough sales, at a big enough margin, to generate profit from your enterprise. But how does profit differ from cash flow? And…

The Moroney & Co Accountants team are acutely aware that one of your biggest areas of business expenditure will be buying the goods and services that are needed for the company to operate. Whether these are raw materials, wholesale goods or cloud services, you need someone to be in control of this procurement process.  Managing…

We at Moroney & Co Accountants know that social media marketing can be a compelling way to solidify branding, create quality leads, and drive sales. Or it can be a time-wasting chore that doesn’t represent your brand in the marketplace and doesn’t connect with your customers. With a clear strategy and strong follow-through, it can…