If you work in the construction industry, you’ll know there’s rarely a fixed business structure. Contractors make up the bulk of the construction workforce. They may be working on several projects at the same time or spending a few hours or days on each. They might also employ their own subcontractors to help and temporary workers will come and go as required. If you do have a formal payroll, it may change on a weekly basis. So, compared with a conventional business, this is much more fluid and changeable. At Martin Quigley & Co. we’ll look at what you need to know about construction accounting, keeping your business in the black and out of trouble.

Manufacturing isn’t like other types of business. Retailers sell stock and service companies sell their time, but only manufacturers create new products from scratch. This can lead to accounting problems. Manufacturing businesses must account for their raw materials and processing costs, but they should also work out the value of the finished items they create. There are different methods of doing this. You’ll need to choose the right one for your business and use it properly. Martin Quigley & Co. will help you look at the methods available to you, and some potential problems and useful benefits once you’re up and running.

At Martin Quigley & Co., we combine our extensive knowledge in hotel consultancy, corporate finance and taxation. We have significant experience in assisting and advising hotel and leisure businesses on development opportunities and strategic planning.

Our specialist advisory services include:

• Performance review and bench marking.
• Operational and financial reviews.
• Industry and sector analysis.
• Strategic reviews and strategic planning.
• Acquisitions & disposals advice.
• Taxation planning.

We also specialise in providing accountancy, taxation and business advice to General Practitioners, Hospital Consultants and Locum Doctors in the medical profession. We offer a full range of specialist support and advisory services for Dental Principals, Partners, Associates and Hygienists to help you plan, understand and improve your Practice’s performance. As accounting specialists, we understand your business needs, with an in depth knowledge of the Irish dental and medical profession we will offer you professionally tailored advice.

As any retailer knows, success involves more than just exchanging goods for money. You need to understand product merchandising, advertising and marketing, stock control, customer service, market research, supplier negotiation and much more. And then there’s the accounts. Cashflow, payroll, taxes, ledgers and so on, all should be tracked carefully. With money coming in and going out all the time, you won’t want to let anything slip through the cracks. All of this means that you can’t run a successful retail business without keeping detailed records. And that’s where good quality bookkeeping can help.

Whether you run a small farm with a few sheep or a herd of a thousand cows, farming is a complicated business. There are few other types of business that rely on living produce, whether it’s crops or livestock which makes farm accounting more complex than any other businesses when it comes to assets, liabilities, costs and revenue. Farming is also a quite a regulated and subsidized field and accounting for all these factors is far from straightforward. But with a little help from us it’s possible to get into a routine of managing the finances for every aspect of your farm’s operation.