Starting a business in Ireland? Do you have what it takes? Here’s a short test to find out*.

Local Enterprise Office

If you are starting, or want to grow, your business you should contact your Local Enterprise Office and check out all the business resources on its website. You can also register your business with the CRO.

TOP DOWNLOAD: A brilliant business plan template.

Business finance

If you need money you should be prepared. Have a business plan before you approach a financier. You may also qualify for a grant.

Here’s a great guide to raising finance.

do you have what it takes 2

First steps – start your business plan

Before you start, flesh out your idea using the lean startup Business Model Canvas.

For investment you need a solid business plan. Writing a business plan can seem daunting so here’s a brilliant, easy-to-use, free business plan template for the Irish market.

Your marketing plan

Your marketing plan is an important part of your business plan. It shows potential investors that you know how important sales are to the survival of your business. Download it here. 

starting a business ireland

Your cashflow planner

Cashflow is the lifeblood of any business. This free template will help you through the tough times as well as the good times.

Don’t forget, financiers and investors will want to see cashflow plans. A cashflow plan can be the difference between getting an overdraft, or a term loan, and not getting one.

Read more: Raising money – a definitive guide.

*Disclaimer: We do not accept any liability for the information or consequences of any actions taken based on the information contained on this website. You should not rely on any information contained on the website in relation to a specific issue or decision without taking financial, banking, investment or other advice from an appropriately qualified professional adviser. We take no responsibility for the accuracy of information contained in the materials contained on this website and we do not make any representations or warranties in respect of such information. Please refer to our Terms of Use for further details. © Bank of Ireland 2017 Bank of Ireland is regulated by the Central Bank of Ireland. By proceeding any further you will be deemed to have read our ‘Terms of Use’ and ‘Privacy Statement’.