Business News

Adrian Weckler: ‘Beware of Black Friday ‘sales’

In five days, ‘Black Friday’ will occur. You’ll see and hear lots of ads appearing about this. Sadly, it’s a time of the year when retailers spoof a lot about price cuts with no consequence from any regulatory body.

Discounts are exaggerated and recommended retail prices – ‘RRP’ – are quoted that have not been true for months.

Every year I cover this. Every year, I find examples from almost …

Consumer spending to reach a record €105bn – surpassing boomtime peak

Irish consumer spending is set to reach a record €105bn this year, surpassing the boomtime peak set in 2007, according to a new report.

The Home Renovation Incentive (HRI), a tax relief for home improvements, is fuelling strong growth in people’s spending on their homes, according to the latest Consumer Market Monitor from the Marketing Institute of Ireland and UCD Michael Smurfit Graduate Business School.

Sales of hardware, furnishings and …

Review of expenses scheme angers accountants

One of Ireland’s top accounting representative groups has lashed out at Revenue’s review of the flat-rate expenses scheme, saying 500,000 could ultimately be affected and that some individuals could lose out on gains from the Budget.

Brian Keegan, director of public policy and taxation at Chartered Accountants Ireland (CAI), said changes to the scheme coming into effect next year affecting around 80,000 people were “ill-timed and difficult for employers and …

The Irish studio started with just myself…now we have 36 employees.’ Blockchain firms look to Dublin

A growing cryptocurrency ecosystem and availability of tech talent is attracting blockchain leaders, and their companies, to Ireland.

Digital currency exchange Coinbase has most recently helped to expand the crypto economy here, opening an office in Dublin just last month.

At the time, the firm’s UK CEO Zeeshan Feroz said that Dublin, with its diverse talent pool and entrepreneurial spirit, was the “clear choice” when the company considered the location …

Startup diary: There are three rules that every startup needs to follow for sales success

Once you have users for your online product, how do you sell to them? This an important question. I often speak to aspiring founders about their ideas and the first question I always end up asking is: “Who will give you money and why?”

The need to ask this question is a remarkably frequent occurrence. Even if the founder’s pitch was really great, I almost never walk away understanding exactly …

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