A continuation of our ‘Start your Own Business‘ series,   In an extract from his book in Sunday Business Post 25/4/2010, Starting a Business in Ireland, Brian O’Kane continues to discuss the concept of planning for the future and the importance a business plan has in any business future plans.

Moving on from that we now move on to the purpose of your newly written business plan.

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In an extract from his book in Sunday Business Post 25/4/2010, Starting a Business in Ireland, Brian O’Kane explains why a business plan is essential when starting your own firm, whether to attract investors of just so you can see how it will work.

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Enterprise Ireland has today announced the launch of a nationwide business development programme, which is aimed at supporting the setting up of start up companies in the information technology and life science sectors that have significant export potential.
The initiative, the latest stage of Enterprise Ireland’s ‘Propel Ideas into Business’ programme, is geared towards providing a select number of entrepreneurs and early stage businesses with the skills and training required to take the next step in expanding their service offerings, in Ireland and overseas.

The closing date is tomorrow! Friday 23rd April 2010.

More information on www.propelprogramme.ie

Ireland needs to increase the amount of capital it has available for young business ideas if it is to start and grow enterprises on an “unprecedented scale”, according to the draft report, in today’s Irish Times.

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Counsel

It is important to be able to seek counsel and take advice.  A director, owner or manager at the helm of an insolvent business is in a pressure-cooker environment.  When the wolves are at the door it is nearly impossible to make correct decisions.  It is vital that somebody with fresh eyes looks at the business from an independent and dispassionate perspective.

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