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Small firms are the backbone of the Irish economy, making up nearly 98% of all businesses in the country and driving growth and employment across the country from Bundoran to Bunclody. Yet the future for many Small Businesses is challenging, with rising costs, a tight labour market and forthcoming changes in taxation and reporting mechanisms directly impacting businesses.

Preparing your business for these changes in 2024 will be essential to thrive into the future and maximise value. Planning for the implementation of auto enrolment will require many small businesses to make significant changes in managing pension schemes, while shifts in payment reporting requirements will require employers to fundamentally adapt existing reporting processes and structures. Cashflow planning will also be critical for small Businesses in 2024, with the end of the pandemic debt warehousing scheme requiring firms to set timelines for the repayment of accrued debt. Despite these challenges, the strategic opportunities for business leaders to unlock the value of their business in 2024 remain strong, from scaling up, to business sales and succession.

Planning for Growth is the first of the #AchievingAmbition Series in partnership with Azets. This series will tackle topics like the Economic Outlook for Small Businesses Amid Budget 2024, Generating Growth and Extracting Value from Your Small Business in 2024.

Start Date October 20, 2023
Time TBC
Delegate Price Free
Location Ibec Cork Regional Office

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