Private Enterprise / All

In the early days, there is an incredible amount of information to consider, and decisions to be made. Many of these early decisions can determine the success or not of your new business. This is where access to a mentor can be invaluable.

In the early stages you will have many demands on your limited resources. You will also have to closely monitor your business’s performance to determine if the correct strategies are being followed.

In preparing your business plan, you will have identified a range of shortcomings and needs to be addressed. If your business is to succeed, it is important that these are not ignored. Seeking assistance is not a sign of weakness!

For an Irish registered company, it is a legal requirement to maintain proper books of accounts. Talk to us about how we can help you ensure compliance with all of your obligations.

It is important to structure your business from the outset. Investors will expect a transparent structure to protect their investment. If you have ambitions for growth, typically you will operate through a limited liability company.

Your brand helps your business stand out. It is worth spending time on branding at an early stage and possibly obtaining input from outside creative professionals. The good news is that Ireland has many talented brand and design experts.

Your idea may come from a variety of sources – years of experience in the industry, a bad experience as a customer or a problem that arose in work.

Whilst critical for raising finance, the business plan’s use is not restricted to this purpose. It will also be a useful for explaining your business proposition to employees, customers, investors or joint venture partners. Furthermore, it will provide you with a road map for the development of y

It is important that taxation is addressed when starting your new business. Obtaining early advice is essential to prevent mistakes being repeated and consequently significant taxation liabilities arising.