SME Growth and Development Strategy: 123 Accounting Case Study

This case study examines the growth constraints of 123 Accounting, an accountancy practice in Galway City. The business, which has been trading for 15 years, faces challenges including declining revenue, lack of profitability, and staffing problems. The assignment requires an analysis of these constraints and a proposed growth and development strategy. The report includes an introduction, main body analyzing the constraints, a reflective journal entry, a conclusion summarizing the findings, and references. The analysis focuses on the difficulties faced by the business and the impact on its future growth, with a focus on identifying the core issues affecting the company's performance and providing insights into potential solutions for sustainable growth. The reflective journal highlights the discussion on the constraints of growth and the insights gained from lectures.