Setting up a new business can be a stressful and trying time. With everything that comes with the organisation and funding of a new company, marketing can often be something that is overlooked. Given that a start-up company must make itself known in order to generate income, marketing can be seen as being arguably one […]
Strategic Banking Corporation of Ireland In March of this year, a new low-cost loan fund was announced by the SBCI. This new fund could see SMEs and the farming sector have greater ease of access to much-needed funds through some of the country’s major banks. As of late March, its board of six directors has […]
Despite the on-going issues caused by the economic downturn, Ireland has found itself becoming somewhat of a technology hub as we have seen a dramatic increase in the number of tech companies setting up shop in Ireland. Companies like EBay, Microsoft, Facebook and Google already have bases in Dublin, paving the way for Ireland to […]
The economic downturn has caused insecurity in many job sectors. Perhaps one of the most worrisome aspects for new start-ups is the issue of funding. When there is very little funding available, where can SMEs turn? Recent discussions have opened up the topic of peer-to-peer lending as being a viable option. In 2014’s ‘Action […]
The final loan sale for the parent of Ulster Bank RBS (Royal Bank of Scotland) is due to be completed in September 2015. The final sale of the ‘Project Aran’ non-performing loan portfolio to Cerberus in December 2014 saw the disposal of the loan book relating to property borrowings. The focus has now shifted to […]
The Central Bank’s much debated and often bemoaned stricter mortgage rules were finally officially announced last month and officially put into place only last week. Under these new tighter guidelines first time buyers appear to have business as usual as they can continue to apply for a 90% mortgage up to a limit of […]
Q: The last few years have been frenetic setting up my own business. There have been a lot of long hours and stress. Now I’ve got my business to the point where it’s doing quite well, and I’d like to take a step back from the company and appoint a managing director. In order to […]
When going into business with anyone it is important to make sure that you are acting in your own best interests. But is it harder to secure your position when your business partners are your family? There are benefits to going into business with your family. You have a certain amount of trust […]
Q: A few years ago, I decided to set up my own business providing IT solutions for small companies. My area is quite niche, and while I have many qualifications I’ve seen a course advertised that would enable me to expand my services. It’s not a postgraduate course as such, more of a further professional […]
If you’re running a successful business, you may well want to expand. But is it always a sensible decision? Is It What You Want? Starting a business is a risky proposition, and the statistics on how many start-ups ever make a profit make eye-watering reading. But when you were navigating the doom, gloom and […]
