The aim of the Outdoor Seating and Accessories scheme is to provide support to individual independent hospitality and tourism businesses towards the cost of equipment to provide additional outdoor seating and facilitate these individual independent businesses to increase their outdoor dining capacity for summer of 2021.

Applicants can apply for a grant of up to €4,000 (for up to 75% of the ex-VAT cost of equipment purchased) to assist in expenses incurred between 1 April 2020 and 30 September 2021.

Last November, we explored some of the options available to company proprietors when deciding the future of their businesses, with a particular focus on liquidation. In this issue, we are now going to touch on some considerations regarding the going concern of a business and when business owners need to take a pragmatic view of how their business is performing. Not every business is going to be a success but the best business people find this out fast and understand it is not a reflection on them – instead of being emotionally attached, they take a clinical overview and move on to new business avenues and prove their success that way.