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Blog Category: Business Planning

A few years ago, the Bank of America did a survey which told them that small business owners find their SME owner tasks to be the most stressful thing in their lives. They said that running a small business is three times more stressful than raising children and twice as stressful as maintaining a relationship with their partner. When you consider everything that goes into running a small business, this should come as no surprise. There are just too many factors that can sink your business before you even realize something wrong is happening. It soon becomes quite obvious that you need to do everything in your power to safeguard

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The Irish start-up scene is a rapidly growing space. Driven by entrepreneurs and supported by government organisations like Enterprise Ireland & local start-up groups around the country, the start-up community in Ireland is expanding year on year. While start-ups can have the skill, drive and the experience in their particular area to make it work, there is one area that many self-employed business owners, new and old, can find quite daunting – the complicated world of Irish tax returns. While PAYE workers usually have their tax deducted at source from their employer, if you are what is referred to as a ‘chargeable person’, you are responsible for ‘self assessing’ your

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More often than not, when I speak with Startups, they often have a full grasp of what their product will be and their hopes for where they can take it over the next few years. They will have a clear direction and focus for the business with tonnes of aspirations, hopes and dreams. What you need is a logo, a colour palette and a style font and all 3 will combine your brand, your logo, your stationery, your business.   Name it! One thing that often gets lost in the beginning of a business is the thoughts towards a name or a logo for the business. The most important element

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In order to create a well crafted pitch, there are really only two basic principles to remember. Your content and your delivery. Each one determines just how well your audience receives your new idea. Part 1 Your Content: Pitch Decks Online software presentation companies like Prezi, Emaze and Canva have now over 100 million users of pitch deck templates from all corners of the globe. From 2009, as Prezi set out to take on Microsoft’s PowerPoint, the world of pitching and presenting changed drastically. By 2017, investors and audiences now expect that you have a well designed deck that clearly tells them the WHAT, WHY, WHO and HOW of your business.

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Many businesses consider switching service providers on a regular basis – be it electricity provider, broadband, stationery provider – it’s natural to ensure that you are getting the best value for money service in the market place. One area where people are traditionally slow to make the move is with their accountant as they feel it can be very time consuming and lead to a lot of headaches. Getting the right accountant for your business is of paramount importance and if you are not satisfied with your current accountant you need to make the move! Below we look at some of the reasons businesses give for not making the move

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The past number of years has seen an exponential rise in the numbers of people abandoning traditional employment and going down the road of becoming a self-employed contractor. For many it is a very attractive option which allows them more control over their career and offers opportunities that may not present themselves in the traditional employer/employee scenario. Becoming a self-employed contractor is not without its pitfalls and below we consider the top 5 things that should be considered before making such a decision: 1. Job Security/Job Flexibility As an employee your rights are protected by a raft of employment law swhich ensures that your employer is obliged to comply with.

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“A journey of a thousand miles begins with a single step” Lao Tzu What a relevant quotation to use in business. It has never been as easy to make a living from what you are passionate about. But the thought of starting can seem a thousand miles away. Not everyone can make a living from what they enjoy, but they can be definitely try to. It is advisable to use a stepped approach to a starting a new business. Once your bills and other financial commitments are covered each month by your day job you can now explore your passion. Here are some ways you can explore before you commit

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Standing out from the crowd isn’t easy in the retail industry. You must come up with innovative ideas to manage and run your retail business. One of the easiest ways to gain a competitive advantage on your competitors is to get better with daily business operations and master them. If you can optimise, automate, and master everyday business processes, you’ll find yourself doing better than most of your competitors. Retailers struggle managing daily tasks. Master it to gain competitive advantage. If you just started a new retail business, using SAP Business One will help stand out from the crowd and get better with managing your business. This is, however, just

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To be honest, while it’s a matter of taste, ultimately from a graphic design perspective, the best business cards are the simplest ones. They should include the relevant contact details without over burdening the business card itself. For instance, if the address is long, is it even necessary to include it if business is mainly conducted elsewhere? The logo should be the “hero” of the card, so that the brand and business is memorable and recognisable. A well-designed logo will represent the business and offer a hint to the personality or identity of the business. Consideration should be given to printing on both sides of the card. This might allow

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Over 50% of startups fail in the first 4 years. Of all the small businesses started in 2011, only 4% made it to the second year while only 9% made it to the fourth year. You don’t want your startup to have the same fate, right? Nobody wants to start a business that will eventually fail. Circumstances lead to failure. Lack of marketing strategy leads to failure. The list below has some of the most effective marketing strategies for startups that are sure to help you succeed – eventually.   Influencer marketing Influencer marketing is the best strategy to promote your startup. Influencer marketing is a type of marketing where

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