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Why write a business plan?

Why write a business plan? Category: Start-Up Writing a business plan before starting a business reduces the trial and error factor. It can help you avoid costly mistakes. The more you put into your...

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Start-up

Start-up Category: Start-Up Tips in writing your business plan Your business plan can be a few pages or hundreds of pages in length, but the people reading your plan – be they banks, investors or...

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Start-up

Start-up Category: Start-Up Structure of a business plan – Part 1 of 3 A good business plan will contain the following sections: Executive summary: The executive summary is an overview of your business...

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Structure of a business plan – Part 2 of 3

Structure of a business plan – Part 2 of 3 Category: Start-Up Production /Operations Plan How will you guarantee your product or service delivery to customers?  ‘Operations’ is the general name given...

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Structure of a Business Plan - Part 3

Structure of a Business Plan - Part 3 Category: Start-Up Structure of a business plan – Part 3 of 3 Sales management   Who will conduct the selling for your business and are they trained to sell? Not...

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The end goal

The end goal Category: Start-Up Questions your business plan should answer The business planning process for start-ups can be formal or informal. You can do it in a weekend or it can take several...

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Get advice

Get advice Category: Start-Up Apologies if I have used too much jargon or have been overly technical in the last few articles on business planning. Sadly, the production of a business plan requires...

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Training – necessary or relevant?

Training – necessary or relevant? Category: Start-Up Training is not always necessary but relevant training is always a benefit.  We all have a set way of doing things when it comes to work or...

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How to finance your business in Galway

How to finance your business in Galway Category: Start-Up Getting enough money together to properly finance a start-up business is difficult in any environment. In the current environment, it is even...

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How to finance your business

How to finance your business Category: Start-Up Getting enough money together to properly finance a start-up business is difficult in any environment. In the current environment, it is even more so....

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Business loans

Business loans Category: Start-Up Last week I introduced you to the technical term for types of finance available to business – debt and equity. This article explores the different types of business...

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Apply for a bank loan

Apply for a bank loan Category: Start-Up You need to explore all available sources of finance for your new business idea. You have three main sources (see previous article on 10 October): 1. Your own...

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No bank loan? Next…

No bank loan? Next… Category: Start-Up Once you have supplied all the information requested by the bank to process your loan application, you should get a decision within 15 working days. If your...

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Look back – move forward

Look back – move forward Category: Start-Up The Christmas and New Year season traditionally indulge our sense of nostalgia and the holidays allow us the time to reflect on what we have done and...

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Enterprise Board supports

Enterprise Board supports Category: Start-Up The Galway County and City Enterprise Board is the first point of contact for all start-ups. Whilst the current structure of Enterprise Boards across the...

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Financial supports

Financial supports Category: Start-Up The Galway County and City Enterprise Board (GCCEB) offers a range of financial supports for new and existing businesses. To qualify for these supports, your...

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How to apply for grants and loans

How to apply for grants and loans Category: Start-Up Often the first step in taking your business idea from thought to reality is getting financial support to make it happen. Whether you’re talking to...

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Marketing matters

Marketing matters Category: Start-Up Marketing is probably the most misinterpreted area for start-ups. Many people think marketing is all about advertising and selling. In fact, it is a lot deeper than...

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Customers matter

Customers matter Category: Start-Up Marketing is about satisfying the needs of your customers as best you can, while making a profit. Before you launch into your new business, it’s important you fully...

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