12 Great Startup Questions

  Am I really committed to doing this? Is this better than the competition? What will make customers buy? What is the target market? Why will customers want it? Can a trial run be done easily and cheaply? How will I market it? What are the resources that are required? What am I trying to achieve? How can I appeal to customers emotions? What are my measurable metrics/KPI’s? Where are the failure possibilities? PDF

Advantages and Disadvantages of a Limited Company

Click here to arrange a meeting or here for a telephone call. Thinking of starting your own business? Call us now on for a free 30 minute consultation to find out which is best for you. or complete the form below and we will call you back or complete the form below: A limited company is a legal entity in its own right. You are not personally liable for the company’s debts as long as you have not traded fraudulently or you have not given personal guarantees for bank borrowings or to suppliers. Click here for information on forming a […]

Quick Checklist for Setting up your New Company

I’ve previously posted some guidelines on setting up your company and registering for taxes. The following is a quick checklist of the steps involved in getting your new company on the road with links to previous posts where relevant: Decide whether a company is the best structure for your business. Decide on who the directors, shareholders and company secretary will be and form your company. When your company is formed, register for taxes using Form TR2, paying particular attention to VAT registration. Open a bank account. You will need the company’s Certificate of Incorporation and Memo & Articles of Association. […]

VAT Registration

When you are starting your own business, whether as a sole trader, partnership or a company, you need to determine if you are obliged to register for VAT and what VAT rate should be applied to your sales. Once registered VAT charged on sales needs to be paid to the Revenue Commissioners (after deducting VAT on purchases and expenses) on a timely basis. Who needs to register? The main reason for registering for VAT is that the business engages in the supply of taxable goods or services within Ireland. A business whose turnover, in any twelve […]

Registering as a Sole Trader

Click here to arrange a meeting or here for a telephone call. A sole trader is the simplest form of business in Ireland. As the name implies, it refers to one individual who owns and operates a business. A sole trader can have employees to assist with the running of the business, but it is the sole trader who owns the business, taking all the risks and rewards. To register as a sole trader you will need to complete a Form TR1 (available on www.revenue.ie), sign it and send it to your local Revenue District Office. Thinking of starting your […]