14 Common Characteristics of Successful Small Business Owners

Some small businesses fail and some struggle while others are very successful. There are many reasons for this, of course, but one of the most important is the character and approach of the owner. Here are 14 common characteristics of successful small business owners. 1. Willing to Take a Risk Many successful small business owners […]

5 Factors to Consider Before Buying a Business

Buying a business can be a more attractive option than starting a business from scratch. After all, if you make the right purchase, you will be buying a business with established products, customers, employees, and internal structures. Buying a business is a complicated process, though. In addition, that process starts long before you start exploring […]

3 Invoicing Questions Irish Business Owners Are Afraid to Ask

Business owners are often reluctant to ask questions about aspects of running a business, usually because there is a perception they should already know the answer. Of course, this isn’t always the case. So, here are three questions that you may want the answer to about one of the most important aspects of running a […]

Succession Planning – A Brief Introduction

Succession planning is an important part of the long-term strategy of your small business. Creating an effective succession plan ensures your company passes to the next generation smoothly, efficiently, and according to your wishes. Remember as well, the decisions you make regarding your business and assets stretch far beyond money alone. In particular, succession planning […]

Should You Run Your Small Business from Home or Rent Office Space?

As a small business, you have a variety of options when it comes to deciding how to work, or from where. One of the biggest early decisions you have to make as a small business owner is whether to run your business from your own home or rent office space. Although the latter can, in […]

Your Small Business Advantages Over Large Corporate Competitors

Small businesses have always been crucial to the Irish economy. A lot of the focus in the media and in some sectors of Government, however, is on big business, including attracting major multinational corporations to these shores. However, smaller businesses have several distinct and important advantages over larger corporations. These small business advantages include flexibility, […]

Business Trends to Look Out for in 2017

Nothing stands still in business as consumer attitudes change and technologies develop. Economic circumstances in Ireland generally, and this region in particular, are also important. So, what should you look out for in 2017? Here are some trends that will continue to grow in importance over the coming 12 months.

Now is a Great Time to do an Annual Business Review

If your business is one of the many that closes or dramatically slows down over the Christmas and New Year period, what do you do with your time? One thing you can do is take some time to do a business review. This doesn’t have to be a formal process that is very involved and […]

When Should You Get an Accountant?

When is the best time to hand all or some of your accounts and/or finances to an accountant? This is a question that everyone in business will ask at some stage, even if you are still in the concept and development phase of a new business. For us, it is a question we approach from […]

17 Tips to Improve Customer Loyalty

In most situations, it is more cost effective to retain a customer than find a new one. With existing customers, it is also easier to upsell and cross sell. How do you improve levels of customer loyalty in your business, however? Here are 17 tips. 1. Develop personal relationships This is straightforward if you have […]