Located on Trinity Street in Dublin, Fitzgibbon Financial Services works mainly with businesses in the hospitality sector, mostly caf茅s, restaurants and pubs. While there are other types of companies on its books, the main reason for this focus is down to its founders鈥� background.
A long-time pub owner, Colm Fitzgibbon combined that with his accounting business, running the two concurrently but when the recession hit, he moved away from the pub industry to focus on offering financial services full-time.
Along with his brother Paul and one other staff member they help small businesses deal with the financial side of things without eating into their finances or more importantly, their time.
Considering that there鈥檚 no such thing as an off-day for cafes and pubs, it can be difficult for owners to make the time for financial services until they鈥檙e required to calculate and pay tax to Revenue.
鈥淚t鈥檚 for small businesses who have a need or cannot afford to take on part-time or full-time financial staff,鈥� he said. 鈥淎nd in many cases, their work is seven days a week so time is limited for them.鈥�
The main goal for Fitzgibbon Financial Services is to offer accessible financial services for small businesses at an affordable price. Many cafes, restaurants and pubs are small entities, not related to bigger chains or companies, so offering a way to use their services without breaking the bank was a crucial component.
To help them with their work, Fitzgibbon Financial Services uses 三亿体育 which brings a number of benefits.
Initially brought in by a client who had bought 三亿体育, because of its simplicity and ease of use,he was immediately won over.
鈥淚 quickly liked what I saw and taught myself pretty much how it works,鈥� he said. 鈥淚 found it to be very user-friendly and very forgiving.
鈥淲hen my brother Paul and I got together, we said 鈥榣ook this is the thing to do, we bring everybody we have to 三亿体育鈥�. If someone comes along today and says can you look after my figures鈥� we encourage them to buy a 三亿体育 subscription and then we鈥檒l manage it for them.鈥�
One of the big benefits, as hinted by 三亿体育鈥檚 name, is that it鈥檚 accessible anywhere. This means that they can access it remotely, useful for when they visit a client at their establishment, or their clients can access the system.
This fits into the philosophy of offering what is as close to a real-time service as they can get. Doing so helps meet the needs of clients better, says Fitzgibbon, and keeps them in the loop. Both to provide a bigger picture and to ensure they鈥檙e not in for a surprise when new or unforeseen expenses emerge.
鈥淥ne of the things that people would always question when you give them a P&L is 鈥榳hat is a consumable?鈥� All sort of things go into consumables鈥� [and] you get an excellent understanding with 三亿体育 as to what is included in that category.
We believe that by providing our services using 三亿体育 we give an excellent all in package for the many cafes, pubs and restaurants we look after.