Avid Partners help indigenous manufacturing companies grow their business by identifying what their needs are and providing expertise to assist management develop and implement sustainable business strategies. Avid Partners have worked with a number of niche manufacturing companies in the past and have developed an intimate knowledge of the industry. We know the specific challenges encountered by clients in their business, as well as the importance of supports systems to grow their business through alliances and availing of all potential financial supports.
In previous years Irish manufacturing had become an uncompetitive location for foreign companies to be based in due to a number of factors:
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Higher labour cost and reduced supports
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Increased barriers to growth (access to finance for Irish manufacturing companies)
- Loss of cost competiveness
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Disruptive technologies and rapid change in the business practices
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Manufacturing Issues
As a result of these issues the manufacturing sector was gradually eroded with a significant loss of jobs and an exodus of many of the large scale long established manufacturing businesses leaving or scaling back operations in Ireland (Dell, Fruit of the Loom and a number of Pharmaceutical companies being high profile examples). With a renewed focus on exports the manufacturing sector is coming back into the spotlight and market opportunities are again becoming attractive. Competitive advances in areas of taxation, pro-business environment, a highly skilled workforce and an improvement in cost competitiveness have all contributed to recent growth in the industry.
Some Industry Stats
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The manufacturing sector in Ireland employs over 200,000 and is a very important sector in the Irish economy as a significant part of its production is export focused.
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Manufacturing is an area that has been targeted as a growth area, earmarked for governmental supports through Forfas, with an anticipated potential of over 40,000 extra jobs in the sector by 2020.
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The sector provides employment across a range of occupations including technicians, operatives, engineering and trade professionals.
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The manufacturing sector in Ireland is regionally dispersed and although large scale companies are based here, almost 95% of the companies here are small scale with less than 50 employees.
Contact Us
Call Avid Partners today on 01 4280900 or email us at advice@avidpartners.ie to see how we can assist you with your manufacturing 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:
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"A breath of fresh air. Your firm demonstrated enormous commercial understanding in turning around negotiations with a potential target vendor. I admire your style and ability to drive the deal forward. Many thanks."
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"I would like to say I'm very happy with your service, especially the audit team, your staff are always friendly, helpful and a pleasure to deal with."
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"Your business approach to clients is very impressive. I have always found that when explaining the types of service on offer, it is always concise and straight forward. The level of trust that clients place in your company and its staff speaks volumes."
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"I would like to take this opportunity to say how much we are impressed with your company's professionalism, it has been a pleasure working with you all and we look forward to working with you in the future."
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"Avid Partners - Accountants & Business Advisors are an excellent firm of accountants, their quality ethos is outstanding."
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"I have dealt with Jamie O' Hanlon, of Avid Partners - Accountants & Business Advisors Chartered Certified Accountants, for a number of years as he is auditor to one of my clients. I have always found him to be professional and responsive in his approach."
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"Service is second to none; there is always someone at the end of the phone for any business advice. The staff are very easy to get along with, very approachable and know exactly what they are talking about"
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We at Fitzies Bar have worked with Avid Partners - Business & Financial Advisers for over five years. We find that the advice and support offered to us in addition to all of our book-keeping requirements to include payroll, VAT, etc. is invaluable and has helped to contribute to our continued growth especially in these challenging times. I would have no hesitation in recommending Avid Partners.
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Jamie and his staff are a pleasure to work with. They respond promptly to any queries we have and are critical to our financial planning and the future needs of our business. I would highly recommend them to anyone interested in accounting services.
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We at Stillorgan Cycles have used Jamie and his Team at Avid Partners – Accountants and Business Advisers for over five years. We have found that the retail advice and support offered to us is second to none and has helped to contribute to our continued growth especially in these challenging times. I would have no hesitation in recommending Avid Partners.
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I met Avid Partners through a local business networking group. We had been using the same accountants for years and found that in these harsh economic times that we were not getting good enough value or service. We were very impressed by the company's professionalism and enthusiasm and genuine interest in helping us get the most out of our business. As a result we are now clients of Avid Partners and are thrilled with our decision.
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After meeting Avid Partners with a view to changing our accountants, we came away with a better deal financially and a feeling that we were in capable hands. We feel that Avid Partners has a personal interest in the welfare of our business. Avid Partners have given us great advice, help and support and respond to our day to day queries with speed and efficiency. We feel it was a great move for us to change to Avid Partners.