How to Start a Business read more here Grahams Blog
Best place to start is with a business programme such as Enterprise Ireland New Frontiers. These programmes are held all over the country I look after two such programmes at Limerick Institute of Technology and The Institute Technology Tralee.
The city and county enterprise boards also hold business start-up programmes.
Getting Started. A pre business start up classic check list for the individual. Complete this check list for your self
1. List your reasons for wanting to go into business. Some of the most common reasons for starting a business are:
2 . Next determine what business is right for you. Ask yourself these questions:
3 . Identify your business niche. Research and answer these questions:
4 . The final step before developing your plan is the pre-business check list.
You should answer these questions:
Answering the above does not dictate whether or not you should go into business. It will highlight some deficiencies which will need correcting through training team building etc.
Best place to start is with a business programme such as Enterprise Ireland New Frontiers. These programmes are held all over the country I look after two such programmes at Limerick Institute of Technology and The Institute Technology Tralee.
The city and county enterprise boards also hold business start-up programmes.
Getting Started. A pre business start up classic check list for the individual. Complete this check list for your self
1. List your reasons for wanting to go into business. Some of the most common reasons for starting a business are:
- Self-management
- Financial independence
- Creative freedom
- Full use of personal skills and knowledge
2 . Next determine what business is right for you. Ask yourself these questions:
- What do I like to do with my time?
- What technical skills have I learned or developed?
- What do others say I am good at?
- Will I have the support of my family?
- How much time do I have to run a successful business?
- Do I have any hobbies or interests that are marketable?
3 . Identify your business niche. Research and answer these questions:
- What business am I interested in starting?
- What services or products will I sell?
- Is my idea practical, and will it fill a need?
- What is my competition?
- What is my business's advantage over existing firms?
- Can I deliver a better quality service?
- Can I create a demand for my business?
4 . The final step before developing your plan is the pre-business check list.
You should answer these questions:
- What skills and experience do I bring to the business?
- What legal structure will I use?
- How will my company's business records be maintained?
- What insurance coverage will be needed?
- What equipment or supplies will I need?
- How will I compensate myself?
- What are my resources?
- What financing will I need?
- Where will my business be located?
- What will I name my business?
Answering the above does not dictate whether or not you should go into business. It will highlight some deficiencies which will need correcting through training team building etc.
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