Avid Partners being a professional services firm ourselves have  experience dealing with all of the above areas and has all of the competencies required to assist other firms through our accountancy, advisory and marketing areas. Avid Partners has a number of fellow professional service clients on our books where we act as their accountants including educational organisations, technology developers and the property sector. The success of such firms is very much linked to the growth of the wider economy. When clients of service firms are doing well then usually the service firms themselves are thriving. One is generally linked to the other in the professional services industry thus making the relationship and bond between client and provider very strong and co-beneficial. Our services include: tax returns, management accounts, company chairman services and taxation advice.

 

Read More

Sector Issues

The industry has encountered difficulties that are specific to the sector as well as the wider economy. These include:

  • Increased regulatory supervision and volume of regulation (increased in light of some high profile issues in some sectors of the industry)
  • Pressure on fees for services provided resulting in less bespoke offerings
  • A shrinking of the sector and some loss of knowledge as the professional services sector is highly correlated with the wider economy
  • The industry is particularly staff heavy and a high reduction in headcount was experienced with firms only now getting back to growth mode
  • Highly specialised staff are usually required making organic growth slow

Industry Stats

  • The professional services industry in Ireland employs over 50,000 people with annual revenues of over €5 billion.
  • The industry in Ireland is a highly fragmented one with the majority of firms being small practices and the largest 50 firms comprising revenues of just 25% between them.
  • The industry incorporates a large number of service categories including media and advertising firms, recruitment, the legal sector, architecture, estate agents, technology developers, accountancy firms, web development companies and consultancy firms.

  

Contact Us

Contact Avid Partners accountants today on 014286900 to see how we can assist you with your professional services business. Download our article on your area, book a place on our next industry seminar and make an appointment today to chat about your business with one of our expert Avid Partner staff.

Solutions Include:

Scenarios:

Yes Avid Partners offer a range of day to day financial booking keeping services including accounts payable, accounts receivable, taxation services, payroll and compliance issues. This frees up management to focus on their key tasks within the business and keep focusing on the core areas of growing the business and effectively managing the organisation. We are happy to remove the compliance burden from companies and allow entrepreneurs be entrepreneurs.
Avid Partners can do a strategic review of your business and put forward a strategic plan on how best to expand. All of our recommendations will be fully investigated and include built in in contingencies. We can point the way for you and help you implement the solutions if requested. We will work closely with you throughout your expansion programme to ensure it is undertaken correctly. Expansion means times are good so it is a positive development for the business and one we are happy to be a part of in achieving greater success.
Yes we work with a number of companies in the industry and have a range of clients operating in professional services. We can assist in a number of ways including accountancy services, consultancy and other soft supports. We are always delighted o be engaged by fellow professional services firms as we know the business very well and understand first hand how important clients successes are to our own. We are happy to discuss specific options we could offer in greater detail as every client is different and is treated as such.
  • Accounting Retail Testimonial Excel Image
  • Accounting Retail Testimonial Recharge
  • Accounting Financial Testimonial EBS
  • Accounting E-Commerce Testimonial CDRS
  • Transportation Accounting Testimonial Image
  • Bank of Ireland Accounting Testimonial Picture
  • Retail Accounting Testimonial Celands
  • Accounting Testimonial Porter & Bannon
  • Accounting Testimonial The Square Bar
  • Accounting Technology Cottege Surgery
  • Hospitality Accounting Stillorgan Cycles
  • Hotel Accounting O Loughlins Hotel Testimonial
register for upcoming events

Register for upcoming events

  1. (required)
  2. (valid email required)
  3. Captcha
 

cforms contact form by delicious:days