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Up to date overview of Irish sports agents industry

Up to date overview of Irish sports agents industry | Doing business in Ireland | Scoop.it
“I’m the guy you don’t usually see. Im the one behind the scenes. I’m the sports agent.”
CELTAR Adviser's insight:

Excellent insight on what is happening behind the scenes as rugby "progresses" down the road of professionalism and increased commercialism, from Gavin Cumiskey in the Irish Times.

 

 

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Doing business in Ireland
Doing business in Ireland - news from Celtar business consultants, business advisers Dublin and Ireland, curated by Billy Linehan
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» The One Hour Business Plan – practical planning for your business, from Thoughts and ideas on growing a business

» The One Hour Business Plan – practical planning for your business, from Thoughts and ideas on growing a business | Doing business in Ireland | Scoop.it

Writing a business plan can be painful: I don’t know anybody who likes writing their business plan, it is a task most people avoid till the last moment. The One Hour approach limits this pain, takes away the stress and gives you a worthwhile outcome.

 

Our Experience: There are a lot of benefits in writing a short business plan using the One Hour Business Plan model, and then expanding on it later. Achieving a quality result in a short time is great for those who have huffed and puffed about starting to write a plan, and find it a daunting prospect.

 

Business plan content should always be challenged and assumptions cast aside. So it  is beneficial to invite a friendly business adviser with an external perspective to participate in the planning with you. 

 

 Steps to create a one hour business plan:

Prepare by thinking about answers to the questionsGrab a whiteboard / flipchart / large piece of paperAsk an independent business adviser to work with you, and facilitate the exerciseStart writing!

CELTAR Adviser's insight:

Click heading above for full content of plan.

 

Special offer for Scoopit readers, just ask?

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West Cork Garlic - Ireland's only specialist garlic grower

West Cork Garlic - Ireland's only specialist garlic grower | Doing business in Ireland | Scoop.it
Welcome to West Cork Garlic!

West Cork Garlic - your source of the widest variety of fresh and dried garlic - all carefully grown in West Cork, Ireland

 

Since the start of the business in 2011, West Cork Garlic has been grown on land near Ballynacarriga, Enniskeane which has proven to produce great tasting garlic. This is the combination of the rich fertile soil near to the Bandon river along with planting premium quality Irish grown seed as well as reputable imported seed.

After the success of selling through local Farmers/Country Markets, supermarkets and wholefood shops the name “The Garlic People!” was soon an adopted title ! 

CELTAR Adviser's insight:

Like this website, I do.

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Dogs in the street know that if the banks were lending there would be less need for funding from more diverse sources.

Dogs in the street know that if the banks were lending  there would be less  need for funding from more diverse sources. | Doing business in Ireland | Scoop.it

A greater diversity of funding sources is required for credit-starved small and medium enterprises, according to a new report.

 

The ‘Access to Finance for SMEs’ report, compiled by the Joint Oireachtas Committee on Jobs, Enterprise and Innovation, found an over-reliance on the banking sector as a source of finance for Irish SMEs and recommended the development of non-banking sector funding initiatives to fund growth in the sector.

CELTAR Adviser's insight:

Dogs in the street

 

1. The dogs in the street know that if the banks were lending  there would be less  need for funding from more diverse sources.


2. Crowd funding of any type should be regulated (it is not currently regulated so there is no protection for investors)


3. MicroFinance Ireland is not as successful as planned, and has a relaxed view on credit application refusals already.



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Ireland is Outpacing US on Commercial Drones - Drone Definition

Ireland is Outpacing US on Commercial Drones - Drone Definition | Doing business in Ireland | Scoop.it
Ireland is moving faster than the United States on allowing drones to be used for commercial purposes.
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Why Most Startups Fail

Building a better mousetrap is a waste of time if nobody knows it exists.

 

Why do some startups succeed while similar startups with similar products languish and die? The difference is in the quality of their sales and marketing, according to Gerhard Gschwandtner, publisher of Selling Power magazine.

 

He observes that many entrepreneurs--especially those with an engineering background--lack much understanding of the basic skills required to bring a product to successfully to market.

 

For example, one of the biggest challenges that startups encounter is how to become visible to potential customers. What's needed are crisp, short sales messages that can break through the noise. All too often, though, startups have messages like this:

 

We are a cloud-based intelligent sales automation software company whose products are designed to automatically prioritize sales leads thereby empowering sales representatives to reach their true potential and avoid the many pitfalls associated with multitasking.

(Translation: "Our software reveals which sales leads are most likely to buy.")

 

Another challenge startups face is hiring salespeople who have the background and experience to sell their product. Instead, they tend to hire whoever comes along, put him or her on straight commission and see if he or she will sink or swim. "While entrepreneurs often expend vast efforts to recruit and retain the best engineers, they seldom put much thought or energy into hiring the best salespeople," says Gschwandtner.

 

As an example of the importance of sales and marketing, he cites Salesforce.com: "When they launched, there were already two 'cloud-based' CRM solutions available. Salesforce won because [CEO] Benioff marketed the benefits of moving your sales data online, while his competitors were marketing features and functions." Benioff also did an "excellent job" of building a sales team that could articulate that benefit to potential customers.

 

Why do so many entrepreneurs stumble when it comes to sales and marketing? In their heart of hearts, they simply don't feel that sales and marketing are all that important. Despite all evidence to the contrary, they believe the myth that, "If you build a better mousetrap, the world will beat a path to your door."

 

If entrepreneurs truly want to succeed, they should be spending more time on sales and marketing and correspondingly less on product development. After all, what's the use of having a terrific product if nobody knows about it or can figure out how to buy it?

Like this post?  Sign up for my free weekly newsletter.

 

 

 

GEOFFREY JAMES | Columnist

Geoffrey James 

Read more: http://www.inc.com/geoffrey-james/why-most-start-ups-fail.html#ixzz37eLFvMKY

CELTAR Adviser's insight:

What's the use of having a terrific product if nobody knows about it or can figure out how to buy it?

 

Exactly!

 

Billy Linehan

Business advice Dublin Ireland

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Why Ireland is becoming a major destination for European startup founders - The Next Web

Why Ireland is becoming a major destination for European startup founders - The Next Web | Doing business in Ireland | Scoop.it
Why Ireland is becoming a major destination for European startup founders The Next Web “I don't think there's any difference between being a foreigner or being Irish in terms of starting a company here and getting the support to do so,” says Alex...
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Irish indigenous tradeable exports at 9% of total headline exports in 2013

Irish indigenous tradeable exports at 9% of total headline exports in 2013 | Doing business in Ireland | Scoop.it

Irish indigenous tradeable exports at 9% of total headline exports in 2013
By Michael Hennigan, Finfacts founder and editor

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Europe Entrepreneurship: Micro firms up 370,000 in 2008-2013; No growth in other firm numbers

Europe Entrepreneurship: Micro firms up 370,000 in 2008-2013; No growth in other firm numbers | Doing business in Ireland | Scoop.it
Europe Entrepreneurship: Micro firms up 370,000 in 2008-2013; No growth in other firm numbers
By Michael Hennigan, Finfacts founder and editor
Jun 27, 2014 - 4:13 AM

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Europe Entrepreneurship: While the number of micro companies (less than 10 employees) in the European Union increased by 370,000 (2%) between  2008 and 2013, the number of small, medium and large companies registered no net growth, showing that SMEs face difficulties in scaling up and making a significant difference to growth and employment across Europe according to a new report.

Politicians in Ireland and elsewhere like to present the growth in micro firms which may have no employees as evidence of growing entrepreneurship when it is more likely a reflection of poor job prospects.

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The GEC Launches New Flexible Office Space - Co-Work@GEC

The GEC Launches New Flexible Office Space - Co-Work@GEC | Doing business in Ireland | Scoop.it
The GEC Launches New Flexible Office Space - Co-Work@GEC . Dublin Business Innovation Centre, DBIC,Guinness Enterprise Centre, Seeking Business Planning Assistance, Seeking Access to Equity Finance, Seeking Affordable Business Office Space, AIB Seed Capital Fund, Halo Business Angel Partnership, Starting a Business
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Government funded NDRC ranked in top 2.5 per cent of incubators in the world

Government funded NDRC ranked in  top 2.5 per cent of incubators in the world | Doing business in Ireland | Scoop.it
UBI Index ranks Dublin-based NDRC 19th worldwide and 7th in Europe
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Fogarty conveyor belting, Ireland's leading suppliers

Fogarty conveyor belting, Ireland's leading suppliers | Doing business in Ireland | Scoop.it

We supply and install conveyor belting for a wide range of industries including food, pharmaceutical, fishing and baking, among others. We supply all types of conveyor, process and drive belting to a wide range of industrial and commercial operations on a 24 Hour call-out basis

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BUSINESS WORLD - Call for SME-friendly State tenders from @dubcham

BUSINESS WORLD - Call for SME-friendly State tenders from @dubcham | Doing business in Ireland | Scoop.it

Dublin Chamber of Commerce has called on the Government to change the criteria for public sector contracts to make tenders more accessible to SMEs.

The call was made following claims from Irish booksellers that they are effectively being blocked from bidding for a E9m library supply contract by overly-complex tender criteria and the bundling of contracts.

According to Aebhric McGibney, Dublin Chamber's Director of Public and International Affairs: "The State spends E13 billion on goods and services every year, but many SMEs are losing out. It is important that Government gets value for money, more account needs to be taken of multiplier effects. When an Irish SME wins a contract it helps to create and maintain employment and also benefits the Exchequer in terms of tax revenues. Bundling remains another major barrier for SMEs seeking to bid for public sector contracts. While grouping tenders together may make sense in some cases, it is vital that contracts are not bundled simply to reduce administration."

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European Tech Start-Ups Pay Off for Index Ventures, Valley VCs don't travel

European Tech Start-Ups Pay Off for Index Ventures, Valley VCs don't travel | Doing business in Ireland | Scoop.it
Buoyed by big payoffs from backing tech firms, the European venture capital firm Index Ventures has raised a new $542 million fund to focus on mobile, financial services and online marketplaces.
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Free Companies House data to boost UK economy - available to Irish Co's too?

Free Companies House data to boost UK economy - available to Irish Co's too? | Doing business in Ireland | Scoop.it

UK's Companies House is to make all of its digital data available free of charge by June 2015.

 

Companies House is to make all of its digital data available free of charge. This will make the UK the first country to establish a truly open register of business information.

 

As a result, it will be easier for businesses and members of the public to research and scrutinise the activities and ownership of companies and connected individuals. Last year (2013/14), customers searching the Companies House website spent £8.7 million accessing company information on the register.

 

This is a considerable step forward in improving corporate transparency; a key strand of the G8 declaration at the Lough Erne summit in 2013.

 

It will also open up opportunities for entrepreneurs to come up with innovative ways of using the information.

This change will come into effect from the second quarter of 2015 (April – June) 

 

 

CELTAR Adviser's insight:

Great idea for CRO to follow

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HairWeavon Men's Hair Replacement Studio Dublin

HairWeavon Men's Hair Replacement Studio Dublin | Doing business in Ireland | Scoop.it
HairWeavon provides non surgical hair replacement solution for men with male pattern baldness or...

http://www.hairweavon.com/hair-replacement-ireland.html

 

 

 

 

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Bono Geldof-Led Debt Relief No Cure as Ghana, Zambia Consider IMF Aid

Bono Geldof-Led Debt Relief No Cure as Ghana, Zambia Consider IMF Aid | Doing business in Ireland | Scoop.it
Less than a decade after Ghana and Zambia had most of their debt written off, the two nations are struggling to finance their budgets and are under pressure to seek emergency loans from the International Monetary Fund.
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‘I loved what I did. Everything you see in the world my industry built’

‘I loved what I did. Everything you see in the world my industry built’ | Doing business in Ireland | Scoop.it
Developer Joe Tiernan is proud of what he achieved but happy he had just enough sense to avoid getting carried away
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Enterprise Ireland admits to losing €9m on investment - Independent.ie

Enterprise Ireland admits to losing €9m on investment - Independent.ie | Doing business in Ireland | Scoop.it
ENTERPRISE Ireland lost €9m through its investment in Dublin-based TVC Holdings, it has emerged.
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Enterprise Ireland doesn't know how many active client firms it supports

Enterprise Ireland doesn't know how many active client firms it supports | Doing business in Ireland | Scoop.it

Enterprise Ireland, the state agency "responsible for the development and growth of Irish enterprises in world markets" doesn't know how many active client firms it supports.


Sometime past I had a look through annual reports and other publications and on Tuesday I called the press office for the information as it would be a proxy for data on exporters, and later an email suggested that I should contact the Central Statistics Office (CSO) - - a link to a CSO report did not help.

The specific data I was seeking was on the number of active Irish indigenous exporting firms and what prompted my query was an AIB Bank 'Exports Outlook Report' [pdf], that coincided with its announcement a €200m SME Export Finance Fund.    

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Tweet from @IrishAfricanKid

Tweet from @IrishAfricanKid | Doing business in Ireland | Scoop.it
just made my video pitch for enterprise Ireland competition, lets drive the Irish economy #startup #entrepreneur pic.twitter.com/knoeSKBBxb
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StartupBus plans to park its European HQ in Ireland - Independent.ie

StartupBus plans to park its European HQ in Ireland - Independent.ie | Doing business in Ireland | Scoop.it

Founded in 2010 by Elias Bizannes, StartupBus operates in North America, Europe, Latin America, Africa, India and Australia. Its favoured approach involves filling a travelling bus with carefully-selected budding entrepreneurs for a 72-hour 'hackathon', during which time the teams on board aim to launch a start-up business.

"StartupBus organises the most intense start-up hackathon in the world, where top entrepreneurs from around Europe compete to build the next generation of technology companies over the course of a three-day bus ride," according to the website.

- See more at: http://www.independent.ie/business/small-business/latest-news/startupbus-plans-to-park-its-european-hq-in-ireland-30384897.html#sthash.jZrWkrjg.dpuf
CELTAR Adviser's insight:

shame about the stock photo with the article

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Sports media website PunditArena wins UCC Ignite business award

Sports media website PunditArena wins UCC Ignite business award | Doing business in Ireland | Scoop.it

PunditArena.com was last night named the Bank of Ireland/Ignite Business of the Year 2014 at an awards ceremony held at University College Cork.

 

The awards recognise businesses at the end of a nine-month period at the college’s in-house incubation centre for graduate-led start-ups.

 

 

PunditArena.com was founded by UCC graduates Richard Barrett and Ross O’Dwyer, who initially entered the Ignite programme working on individual sports websites.

The company now has over 200 contributors, a sub-editorial team of six and a further three people involved in digital marketing.

CELTAR Adviser's insight:

Well done Richard and Ross! and team!

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Ireland highest in Europe, UK Scores Low on Global Entrepreneurial Scale

Ireland highest in Europe, UK Scores Low on Global Entrepreneurial Scale | Doing business in Ireland | Scoop.it
UK listed 28th on a global entrepreneurial scale that featured 33 major industrial nations and emerging economies
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£400m tidal wave scheme could power one in 10 homes in Northern Ireland - BelfastTelegraph.co.uk

£400m tidal wave scheme could power one in 10 homes in Northern Ireland - BelfastTelegraph.co.uk | Doing business in Ireland | Scoop.it
A £400m plan to construct a tidal power facility off Fair Head will be unveiled today by a Cork-based renewable energy firm.
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Tough austerity strategy was better than defaulting John McHale - Independent.ie

Tough austerity strategy was better than defaulting John McHale - Independent.ie | Doing business in Ireland | Scoop.it

Here in Ireland, the recent election results have underlined the difficult politics of disaster avoidance. After six years of painful measures to balance the Government's books, austerity fatigue is understandably widespread. But any fair assessments have to acknowledge what would have been the likely outcomes had different policies been pursued.

 

Once Ireland's property bubble collapsed, it was clear that the outcome would be bad, no matter what policies were followed. The Irish economic crisis entered a second more serious phase with a slow-motion run on the banking system and the State itself in late 2010. It was then a choice between two evils.

The stark choice faced by policy makers was to adjust unsustainable policies or to default on state debt. Their choice of adjustment was based on a number of assumptions. The economic and social costs of debt default were likely to be heavy. Austerity was effectively a given no matter which course was followed.

Default at a time when Ireland was running a large primary deficit (i.e. excluding interest) would likely have required harsher measures in a tighter timeframe, even if some official financing support could still have been secured. The irony is that the often supposed alternative to austerity is likely to have led to greater austerity.

On the adjustment side, a

- See more at: http://www.independent.ie/business/irish/tough-austerity-strategy-was-better-than-defaulting-30347676.html#sthash.AyNaePW1.dpuf
CELTAR Adviser's insight:

Correct analysis, citizens don't realise there were no choices on offer after Fianna Fail led the country to its greatest recession.

Shame that Labour is taking the blame for rescuing the country from default.

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