Top Tips for Creating a Successful Business Plan

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Constantly updating your business plan can help your organisation survive – and thrive. “Fail to plan and you plan to fail” is more than just an old adage – in business, it’s a fact. According to the Harvard Business Review, start-ups built on a formal business plan are 16% more likely to survive – while research from the University of Oregon, 20% of new businesses with plans in place are more likely to enjoy growth and almost twice as likely to attract investors. Here are top tips for creating a successful business plan:

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A Guide to Supports for Women in Business in Ireland

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In 2017, an estimated 9,800 women became new business owners in Ireland (Global Entrepreneurship Monitor, Entrepreneurship in Ireland 2017). That might sound like a healthy number, but there is still some way to go before women can achieve entrepreneurial parity with men. According to the Mastercard Index of Women Entrepreneurs (MIWE) 2018, just one in five of all entrepreneurs in the country are female, and only 10% of women say they would like to start and run a business in the next three years. Here's a guide to the supports that are available for women in business in Ireland:

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Leadership In Business: What Makes People Gravitate To Others?

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Being a business owner or manager doesn't always make you a person others want to be around. Certain individuals have traits that make them stronger and more qualified for leadership roles than others. They have qualities that unify that workplace, keep morale high, and increase productivity. Here are some traits that great leaders have that make people gravitate towards them:

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Gaining Momentum: Niall Horgan, Gym+Coffee

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Join our Business Achievers community and get access to downloads to help your business, free online training courses and network with members to help grow your business. Niall Horgan’s business Gym+Coffee is, unexpectedly, neither a gym nor a coffee...
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7 Things You Must Consider When Taking Your Business Global

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At a recent How to of Going Global event in Galway sponsored by KPMG Private Enterprise, supported by Enterprise Ireland, Ulsterbank and Business Achievers, companies discussed the challenges and opportunities of scaling and going global. Here are 7 things you must consider when taking your business global:


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Gaining Momentum: Daithi O'Connor, Revive Active

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The latest in our series of briefings with influential Irish business leaders features Daithí O’Connor, founder and MD of health-food supplements company Revive Active.

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How to Create a Road Map For Your Business

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As a business owner, to achieve growth and success, you need to define where you want to be, preferably in the form of targets and milestones - your future "destination". Here's an exercise that will help you to create a road map for your business:

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Business Achievers: Joanne Sweeney and Digital Training Institute

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Our latest Business Achiever is Joanne Sweeney and Digital Training Institute. We asked Joanne to tell us a little bit about her digital-focussed business and asked her about her business journey to date. Read on to find out more in Business Achievers: Joanne Sweeney and Digital Training Institute.

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The Ins and Outs of Business Process Outsourcing

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Delegating tasks that range from bookkeeping to IT support can be an effective way for businesses to grow while remaining focused on core operations. Outsourcing has, to some extent, cast off its traditional reputation as a way for major corporations to cut costs and increase efficiency by delegating operations such as call centres or logistics to third-party suppliers. Here are the ins and outs of business process outsourcing:

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Targeting And Evaluating Prospects for Company Acquisitions

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Acquisitions can play a key role in a company's growth as it may be more efficient to achieve objectives by buying assets and resources needed for growth. When considering acquisition prospects you need to look at a number of factors. Here's how to go about targeting and evaluating prospects for company acquisitions:

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What Is XR And How Can It Play A Role In The Future Of Your Business?

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As technology evolves ever more rapidly, more opportunities arise for businesses to incorporate affordable tech solutions into their day-to-day processes. Taking the time to research the latest tech on the market and implementing it into your company structure can yield invaluable results. In the field of communication alone, we’ve come a long way from fax machines and emails; now with Extended Reality (XR) it’s possible to broadcast live avatars of ourselves to other users across the globe. What is XR and how can it play a role in the future of your business?

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4 Key Business Mistakes To Avoid

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To err is human – but learning from those mistakes is what makes a successful business. Every entrepreneur has at some stage got something wrong. However, the successful ones learn from that experience. It’s okay to make mistakes – just don’t make the same ones twice. We asked some business owners about mistakes they have made and what they learned from those mistakes. Here are 4 key business mistakes to avoid:

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How to Use Localisation to Help Your Business Go Global

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No matter which foreign markets you are looking to expand within, adapting your content to an international audience will be necessary if you want to reach your goal. Here are some tips for how to use localisation to help your business go global.

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Cross-Border Trading Increases Exporting Further Afield

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Key research from InterTradeIreland reveals that cross-border trading leads to increased productivity and levels of innovation. Cross-Border Trading in goods is also at an all time high, standing at £6bn/€7bn for 2017 and has been growing at an average of 4% per annum over the last 20 years.

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How to Determine If You Have a Good Idea for a Business

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The biggest problem with entrepreneurs is their complete fixation on their product or service. They are passionate about the idea they have come up with. But how do you know if it is a good idea? Here's how to determine if you have a good idea for a business:

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Business Achievers: Fergal O'Connor and Buymedia

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Our latest Business Achiever is Fergal O'Connor and Buymedia. We asked Fergal to tell us a little bit about his advertising-focussed business and asked him about his business journey to date. Read on to find out more in Business Achievers: Fergal O'C...
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Tips on Preparing Your Fleet Vehicles For Winter

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Maintaining your fleet’s performance, both in terms of your business as well as the general performance of the vehicles themselves, is an important factor in helping your business continue running throughout the very coldest months. Here are a few ways you can prepare your fleet vehicles for winter.

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How Small Businesses Can Protect Themselves Against Data Breaches

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Cyber security is an ever-growing concern for small businesses, particularly given that 58% of malware attack victims fall in the small business category. Unfortunately, protecting oneself against these threats without the benefit of a large security budget or a dedicated IT team can pose a significant challenge. Here's how small businesses can protect themselves against data breaches:

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Business Achievers: Fredericka Sheppard and Voltedge

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Our latest Business Achiever is Fredericka Sheppard and Voltedge. We asked Fredericka to tell us a little bit about her HR-focussed business and asked her about her business journey to date. Read on to find out more in Business Achievers: Freder...
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Does Your Management Team Have the Skills for Growth?

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As your company develops, you will need different sets of skills. The skills you used several years ago to propel your company through the start-up and early growth phases are not the same as the skills you now need for growth and maturity. Does your management team have the skills for growth?

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