By Fiona McBride, partner and trade mark attorney at Withers & Rogers Choosing a name for a new business venture is often looked upon as the moment when an entrepreneurial idea becomes real for the first time. However, as has been shown by the recent move by Google to name its parent company Alphabet, such […]
By Richard Hopes, partner at Alliotts Chartered Accountants The Irish Chamber of Commerce recently complained that Irish entrepreneurs were leaving Ireland and setting up shop in the UK because there were more incentives for them to do so. This is an interesting turn of events and perhaps indicative of a number of new tax incentives […]
We are often told that more than half of all new businesses fail within the first five years. Those entrepreneurs that do take the plunge are always on the lookout for hints and tips on how to find the best recipe for success.
The internet is full of stories about entrepreneurs that have grown their business at break neck speed. After coming up with an idea, they’ve focused on turning that idea into a success with dogged determination. But what do these companies do that separates them from businesses experiencing slower, or even static growth?
If you dream of starting your own company after waking up one morning with that ‘Eureka’ idea, it’s well worth remembering the precautionary words of Thomas Edison — “Vision without execution is hallucination.”
Posted on 24th August 2015 in Start-ups.
Lifting your business off the ground is a tricky task. According to Allmand Law more that 50 percent of all start-up businesses fail within the first few years. Entrepreneurs have a challenging task: juggling resources, raising finances and standing out in a highly competitive crowd.
Posted on 21st August 2015 in Start-ups.
Over my career, I have observed people with different personalities, backgrounds, and behavioral styles achieve success in life. Many times I wondered if there was a reoccurring theme running through their success stories that would clearly illustrate what creates success.
Everyone is talking about how cloud computing can bring significant benefits to small and medium-sized businesses (SMBs). It allows even organisations with limited resources to store critical data or leverage considerable computing power without purchasing additional software and hardware.
I started A Suit That Fits with the mission of “Bespoke for all” with a friend in 2006. Looking back, I now realise how important it is to have an experienced board with you on the journey. Without exaggerating, I think having an experienced board early on would have skipped 3 years of work. I’m writing this to help other Start-ups skip those 3 years.
London has often be seen as a costly location for start-up businesses, with office overheads being excessive and the increase in transport fees for commuting employees, it can be a destination that leaves the finances much to be desired.
You may be taking your first steps towards getting your business online or be ready to upgrade your website so it works faster and smarter for your business. If you’re an entrepreneur, a new start up or have an established business in the UK, make sure you embrace online opportunities and really make your website work for you and your company.
Many people who take the leap to set up a business are often driven by a gut instinct to follow their dream, to leave corporate life or to be their own boss. That initial passion and instinct is key in getting an idea off the ground, but once you become a business owner, you can’t rely on instinct alone to guide your decision making.