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Step-by-step guide to setting up a business in Ireland

Setting up a business, step 1: develop your idea, step 2: write your business plan and choose a business name, step 3: choose a legal structure, step 4: understand your tax, step 5: register employees, grants and other supports, more information.

This page gives a step-by-step guide to starting a business in Ireland. It is important that you meet all the requirements when starting a business to avoid unnecessary delays, charges, and penalties.

If you are not an EU, EEA, UK or Swiss national and you want to open a business in Ireland, you must apply for permission. Read about coming to set up a business in Ireland as a non-EEA, UK or Swiss national .

The Local Enterprise Office (LEO) runs a free Start Your Own Business programme which can help you develop your business idea.

LEO has also published a 10-step-guide to starting your own business (pdf) . This guide includes information on business development, assessing the viability of your business idea, the requirements for your business such as staff, and how to write your business plan.

Find out how to get funding to start your own business. You can also get information on business grants below.

When you’re satisfied that your business idea is viable, the next step is developing a business plan . A business plan outlines your company’s goals and how you expect to achieve them. You will need a business plan if you are applying for a loan or a business grant, or if pitching to investors.

Choose a business name

If your company conducts its business under a name that is different to your own name, you must register the business name with the Companies Registration Office (CRO).

Find more information on registering your business name .

The legal structure of your business is important as it determines the type of taxes you must pay and your personal liability for your business debts.

Types of legal structures in Ireland include:

  • Self-employed or sole trader

Partnership

Limited company.

Read about deciding on a legal structure for your business , including your tax and legal obligations.

You can also read our guide to becoming self-employed .

All businesses must pay tax. The amount of tax your business must pay depends on its legal structure.

Types of legal structures

Sole trader.

As a sole trader, you must pay the following taxes on your profits:

  • Pay-Related Social Insurance (PRSI)
  • Universal Social Charge (USC)

If you register as a partnership, each partner must pay income tax, PRSI and USC on their share of the business profits.

If you register as a limited company, you must pay Corporation Tax , Income Tax, PRSI and USC on the company profits.

Read more about deciding on the legal structure of your business .

Other types of tax

Whether you are a sole trader, a partnership, or a limited company, you must charge Value Added Tax (VAT) on the sale of your goods and services.

Employers PRSI

If you employ staff, you must pay Employers’ PRSI to Revenue for all employees aged 16 and over.

Get more information on paying tax as a limited company , or read about paying tax as a sole trader (including the tax reliefs available) . You can also read our page on understanding your tax as a business owner .

If you employ staff, you must register as an employer with Revenue. You can do this by telling Revenue of your name, address and intention to pay staff.

You must register as an employer before you pay your employees, using the MyEnquiries service on the Revenue Online Service (ROS) .

Read more in our page on employing people in your business .

There are several government agencies and organisations dedicated to supporting new businesses across Ireland.

Read about:

  • How to get funding
  • Getting business training and advice
  • Managing credit difficulties
  • Websites on setting up a business
  • Finding the representative body for your sector

If your business model has a focus on sustainability, you may also want to read about the financial supports available to businesses going green .

If you are starting a business, you may need to consider things like insurance and planning permission .

You can also contact the organisations below for information and advice:

Enterprise Ireland

Enterprise Ireland, East Point Business Park The Plaza Dublin 3 D03 E5R6

Companies Registration Office

Bloom House, Gloucester Place Lower, Dublin 1, D01 C8P4

Workplace Relations Commission - Information and Customer Service

O'Brien Road Carlow R93 E920

Related documents

  • Coming to set up a business or invest in Ireland Information for foreign nationals on the immigrant investor and entrepreneur schemes. 3098.4202
  • How to write a business plan If you’re starting a business, you will need a business plan to approach a financial institution for a loan, apply for a small business grant, or pitch to investors. 1965.5768
  • Starting a business when you return to Ireland Overview of information to help you start a business when you return to Ireland. 1878.6622

If you have a question about this topic you can contact the Citizens Information Phone Service on 0818 07 4000 (Monday to Friday, 9am to 8pm).

You can also contact your local Citizens Information Centre .

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writing a business plan ireland

Ultimate guide to starting a business

John Kennedy

Everything you need to know about starting a business in Ireland from writing business plans, sourcing finance, building a team, finding mentors, grants, resources and more.

Do you have what it takes to be an entrepreneur.

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Starting a business: The characteristics that make up a successful entrepreneur are manifold, but ultimately they boil down to five crucial sets of qualities.

Resources for starting and growing a business in Ireland

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Starting or growing your business? Here’s a useful guide to resources, finance, supports, grants, allowances, accelerators and programmes in Ireland.

How to write a really great business plan

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Starting a business: Your business plan is fundamental to your business journey – effectively a north star for you, your colleagues and potentially investors and lenders to stay on track.

Why business mentoring matters

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Starting a Business? Celebrated business coach Jamie White explains the difference between mentoring and coaching and why mentoring matters.

Sole trader or limited company?

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Caitlyn Buchanan from  Company Bureau  weighs up the pros and cons of setting your business up as a sole trader or as a limited company in Ireland.

11 steps to starting a business in Ireland

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Here are 11 steps to follow if you are starting a business in Ireland.

The starting a business checklist

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Starting a business? Here’s our starting a business checklist to help you to hit the ground running.

Ways to finance your start-up in Ireland

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If you’ve decided to take the plunge and start a business, you need to be aware of what options exist.

How to create a great start-up team

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In order to give your start-up the best chance of both survival and success, you need to surround yourself with a strong team.

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How to write a business plan

Writing a business plan will help nail down your idea and give you a blueprint for executing it.

A person at a desk in their workshop writing a business plan.

What is a business plan?

A business plan describes your product or service, identifies who the customer is, explains why they need your product or service, and shows how you’ll make money from that opportunity.

Why write a business plan

How you write a business plan will depend on what you need it to do. There are a couple of key jobs a business plan can have. It can:

  • explain a business idea
  • convince lenders or investors to put money behind that business idea

It doesn’t take a book to do the first job. You can write a business plan that’s short, to the point, and easy to update. That may be all you ever need. But if you’re going for funding, your business plan will need to be a good deal longer and more comprehensive.

Why every business should start with a one-pager

Even if you will eventually write a long business plan, a one-pager is a great place to start. It could take as little as an hour to do your first draft and will make your idea stronger. Writing about customers, competitors, income and expenses will help develop your thinking.

How to write a one-page business plan

You’ll see in the example below that there are nine sections, or things to write about. So give yourself just a small space to write about each. Keeping it short will help you focus on what’s important.

Download a one-page business plan template.

When you need a longer business plan

The greater the risk you’re taking, the more comprehensive your plan should be. For instance, you’ll need to write a long-form business plan if you’re going to fund it with other people’s money. Banks and investors will expect it.

How to write a longer business plan

Long-form business plans touch on all the same things as a one-pager, but they go into more detail and contain fewer assumptions.

Back-of-the-napkin numbers are replaced by forecasts and budgets. And guesstimates for things like costs, market size, customer preferences, and competitor weaknesses need to be backed up with proof. It’s a good idea to involve an accountant or bookkeeper in developing the budgeting and finance sections.

Contents of a business plan:

  • Executive summary: A short summary of the main points of your business plan. Write it last.
  • Company overview: Identify your industry, what you’re selling, and how you’ll charge.
  • Products or services: Include a description of the problem you’re solving for customers.
  • Market analysis: Describe your target market, and examine the competition.
  • Risk assessment: Flag potential hurdles (including assumptions that could be proved wrong).
  • Marketing and sales plan: How will you find customers and make sales? How many sales will there be?
  • Milestones: What needs to happen and when?
  • Progress reporting: When and how will you report against the milestones?
  • Team: Who will be involved in the business? Note their skills and responsibilities.
  • Budget: Estimate your costs and income (and any debt that you plan to take on).
  • Finance: Show how you’ll fund the business.

You can also add an appendix with any supporting or background documents.

Make a start by downloading our free business plan template.

How not to write a business plan

Avoid these common business planning mistakes:

  • Underestimating how much money it will take to get started
  • Failing to budget for the first few months of operation (before revenues start flowing)
  • Expecting sales to ramp up too fast
  • Relying too heavily on one or two customers (or suppliers)
  • Not including contingencies for unexpected delays or costs

Xero does not provide accounting, tax, business or legal advice. This guide has been provided for information purposes only. You should consult your own professional advisors for advice directly relating to your business or before taking action in relation to any of the content provided.

How to start a business

Thousands of new businesses open every day. If all those people can do it, why not you? Here’s what to do, and when.

Your business idea is clearly inspired. But it helps to check you’re not the only one who thinks so.

It’s time to run some numbers on your business idea. Budgeting and forecasting help with that.

Your prices can influence the number of sales you make and the profit you earn on each transaction.

Your business structure can affect how much tax you pay, and how you're treated by the law.

If you’re starting a business, then you’ll need to get familiar with some accounting basics.

After all the excitement of deciding to start a business, you’ll have some paperwork to do.

Treat your website like an online version of a storefront. It’s the first impression for many customers and prospects.

Now that you’re in business, you want to stay there. Xero’s got resources and solutions to help.

Download the guide to starting a business

Learn how to start a business, from ideation to launch. Fill out the form to receive this guide as a PDF.

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TAS Consulting Limited will help you with business planning, cashflow forecasting, and getting your business off the ground.

Business Plans

A good business idea generally requires a solid business plan with accurate financial data and a strategy for turning the idea into a reality.

Most start-up businesses would need financing, and a business plan not only helps you to determine if your project is viable, but it also allows a bank or other lending institution to comprehend the concept and how the business will develop.

We are a local business plan consultant that specializes in Business Plan Writing. We have a track record of helping our clients raising funds using our business plans. Our consultants have a wide industry experience.

Our Business Plan Writers have benefited a number of Startups from various industries such as Tech, Hospitality, Property, Services, and a lot of unique types of businesses. We have assisted growing companies needed to pitch their ideas to investors and their management teams.

The importance of creating a business plan

Your business plan is the most important document that defines your business and its future aspirations and potential. It contains detailed information on how the money will be sourced for the business, how funds will be employed, and resources are optimized.

What’s the business plan?

A business plan is a template of your company operations, expenses and funding. It summarizes all of the essential facts that assist prospective clients, funders, lenders and other stakeholders understand what your company is attempting to attain.

Essential Elements in Business Plan

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Executive Summary

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Business Description

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Market Analysis

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Target Market

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Competitive Analysis

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Research & Development

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Operational Plan

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Management Team

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Financial Projections

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Exclusive package.

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  • Delivered in PDF format

Executive Package

  • 25-30 Page custom-tailored plan   
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SUCCESSFUL BUSINESS PLANS WRITERS

We specialise in writing business proposal for your business. Business plans to meet all your funding needs- Bank Loans, Grants or pitching investors.

SUCCESSFUL BUSINESS PLAN WRITERS

Expect the Absolute Best

Our team consists of strategic, business consultants, marketing and branding experts, financial analysts, and operations gurus. Our team will provide you with strategic recommendations to grow your business, while also partnering with you every step of the way to implement each strategy.

Experienced Consultants

We partner you with a senior consultant who has helped clients in over 100 industries to raise capital and grow their businesses.

Strategic Advisory Process

We don’t just document your ideas onto paper. We brainstorm, research, and recommend the best strategies to grow your business.

Fully Customized.No Templates.

No templates or long questionnaries. We strategize with you to build a customized plan that represents your unique vision.

Cost Effective & Results Driven

We understand that time is money. We handle all leg work giving you more time to focus on growing your business.

Best Quality, Competitive Pricing

We provide the highest quality business plans in the industry at rates that are half of the price that some of our competitors charge.

Growth Strategy Implementation

We can also help you with creating a websites, genrating leads, implementing effective marketing campaigns, and a lot more.

Why Is Business Planning Important?

Business plan is a roadmap of your business idea and its growth and how it will achieve its objectives. It provides a chance to think clearly what is the main business idea , describe is mechanics and how his idea will flourish. Key elements of business plan are :

  • Executive Summary
  • Business description .
  • Market Analysis.
  • Sales and Marketing Plan.
  • Financial Projections.

Business Planning

GET IT DONE RIGHT, GET IT DONE FAST!

Our sample business plans.

Our Plans match quality, detail and price. Check out one of our business samples for yourself.

Our Sample Business Plans

We understand that the heart of any successful venture lies in a well-crafted business plan.

Whether you’re a small startup looking to secure funding, a medium-sized business aiming for growth, or an established company seeking to refine your strategies, our expert team is here to guide you through the intricate world of business planning.

Business plan

OUR SERVICES

Bank loan applications.

Support Bank Loan Applications.

  • We prepare detailed business plan along with Financial Projections.

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Investors Business Plans

Get it written for investors.

  • We research your industry and create a convincing proposition for investors.

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Business Plans for Bank Loans, Grants and Investors

Select your Plan

If you know which type of plan you need and are ready to go ahead then book your plan and schedule your consultation now. If you are not still not sure after reading through our services, then book in a free 15 minutes session with one of our consultants.

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Sample Business plan

A well-thought out plan gives your  business  direction, defines your objectives, maps out strategies to achieve your goals and helps you to manage possible bumps in the road..

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Most business plans should include the following main headings

1) Executive Summary

2) Company Description

3) Market Analysis

4) Marketing/Sales Strategy

5) Research & Development

6) Staffing and Operations

7) Financial Projections

8) Sales Pipeline

9) Funding Requirements

10) Appendices

Get Started: Download a sample Business Plan HERE

If you have any queries on writing your plan, contact us to schedule a free one-to-one advisory session by calling 091-509090 or emailing [email protected].

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How to write a business Plan

Writing a business plan is considered quite a difficult task. Undergraduate and master’s students when asked to create a business plan they feel pressured. Before beginning to write a business plan they have a question about what to include in it. In this article, an expert team of Ireland assignment help is providing students with essential guidelines on writing the perfect business plan.

How To Write A Business Plan

Business plan: Definition

A business plan is a formal document that provides information about the operational and financial goals of the business. It is very much important to create a perfect business plan.

Business planning is the first step in establishing a new enterprise. It is a continuous and systematic procedure that includes determining the products or services to offer. In the initial steps of business planning, you need to first decide the type of business you intend to launch. After that, you are required to decide other things such as location, products, or services. In the next step, you need to analyze the demand for specific goods or services in the market.  When making a business plan should do financial projections and perform competitor analysis.

Tip: You should create a flexible business plan as it will provide you with ease in modifying according to changes in the external environment.

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Advantages of business planning

A few advantages of business planning are:

  • It assists in determining an appropriate business structure.
  • An appropriate business plan aid in reducing the risk of loss.
  • A proper business plan helps in identifying and capturing business opportunities.
  • A perfect business plan assists in confirming the availability of resources and funding for establishing a business.
  • It allows you to gain insight into the business which is crucial for driving the organization towards success.
  • A business plan also enables you to be sure about your assumptions.
  • By writing a business plan you will be able to identify the strengths and weaknesses of the business that you intend to establish.

How to Write the Perfect Business Plan?

4 steps to a Perfectly Written Business Plan are:

Step 1: Identifying business

At the first step of writing a business plan, you are required to develop an idea about the type of business you want to start.  It is a step where you should decide which goods or services you want to launch in the market. In this step, you also need to take other important decisions that might relate to operations, marketing, selling, sources of funding, location, etc. At this step only you should also formulate business objectives. It is a tactic that will help you in making a crucial decision. By setting objectives you will get ease in the formulation of the further business plan.

Step 2: Competitor analysis

At this step, you should execute a survey for gathering information about your competitors in the market. After gathering the information about competitors you should properly analyze their strengths, strategies, etc.  Based on the competitor’s information, you should also analyze the strengths and services of your goods or services.  At the time of data analysis, you should focus on analyzing the trends, demand, and supply, pricing strategy, etc.

Step 3: Determine the capital expenditure

Determination of the capital expenditure required for establishing a business is a very much important task. At this step, you are required to design a flexible budget for launching your new business. At the time of preparing the budget, you need to determine the funds that you will require for establishing a new organization.  You should prepare a plan for how you will invest in a machine. For instance, you can fix the amount of money you are going to spend on purchasing raw materials, furniture, machinery, etc.

Step 4: Address the sources of funds

After the successful determination of the funds that you will need for establishing a business. You are requiring identifying appropriate sources for making arrangements for money. For instance , an entrepreneur can obtain for fulfilling the operational requirement of the business.

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Format of Business Plan

Your company plan should accomplish several objectives, including raising funds, guiding your team, and developing growth strategies. Because the structure of your business plan will aid you in achieving these objectives, it’s critical to consider it while you construct it.

1. Begin with an executive summary.

The executive summary gives the reader an overview of your company. No one will read any further if you don’t nail the executive summary. It’s an important part to have in your business plan—and to get it correctly. A very basic outline of the following should be included in every executive summary:

  • The issue that your company is attempting to solve
  • Your problem-solving strategy (i.e., your product or service)
  • Your intended audience
  • Why is now the best time for your business?
  • Highlights of the financial forecast

If you’re soliciting funds or giving a presentation to outsiders, you’ll also want to include:

  • The company’s management team
  • How much money do you want to raise

Your executive summary should ideally be one or two pages long. Keep things brief and sweet; your viewers don’t have a lot of time and want to obtain a quick summary of your company before deciding whether or not to read further.

Your executive summary should be able to function independently of the remainder of your strategy. When investors ask for additional information, a popular technique is to send out an executive summary first, followed by the full plan.

2. Add supporting documents at the end.

All business plans should begin with an executive summary and conclude with supporting documents, which are an appendix of critical figures and other facts that back up your plan. These are the essential aspects of a business strategy that should be included at the beginning and finish. Your financial predictions and budgets should be included at the very least in your appendix. A profit and loss statement, a cash flow forecast, and a balance sheet are usually included.

3. Keep it brief.

Nobody has time to read a 40-page business strategy, let’s face it. If you’ve nailed your executive summary and persuaded someone to read the rest of your strategy, you’ll only need eight to twelve more pages.

Focus on paring down your writing rather than trying to jam everything in with small fonts and tiny margins. Use straightforward, straightforward language that gets to the issue. Don’t say the same thing twice, and leave out unnecessary words. Short paragraphs and bullet points are also excellent choices.

4. Make use of visuals

“A picture is worth a thousand words,” as the saying goes. This is especially true when it comes to arranging the components of your business plan. Visuals will help express that extra information because readers will most likely skim your various business plan parts rather than reading every word. Explain your forecasts via charts and graphs. Include images of your product. If you “show” instead of “tell,” your readers will always have a greater understanding of your organization and opportunities.

5. Make sure you’re writing for the proper people.

It makes sense to give technical specifics that your audience will understand if you know you’ll be presenting your plan to readers who have a thorough understanding of your business. If your audience is made up of people from various industries and backgrounds, however, you must convey your company ideas in a way that is understandable to all. This isn’t to mean you should “dumb down” your ideas; rather, you should save some of the finer elements for an appendix or a separate document that explains how your product works in depth.

6. Don’t get too caught up with the looks of the plan.

Your strategy should be polished, but it’s the ideas that matter. A beautifully organized business plan that presents an ill-conceived business idea with imprecise financial forecasts can never trump a poorly formatted business plan that discusses a brilliant, thoroughly articulated business idea. Spending hours or days creating a beautiful strategy will not improve the quality of your business ideas. Instead, concentrate on honing the words you use in your strategy. Remove any unnecessary text and make sure your thoughts are presented properly.

7. Keep it simple with your formatting.

Use single spacing with an extra space between paragraphs for general formatting. Use a beautiful serif font like Garamond or Baskerville if you’re printing your plan. Use sans serif typefaces like Verdana or Arial if your plan will be read largely on a computer screen.

Why is it necessary to use distinct typefaces for on-screen and off-screen use? According to the research, readers had a considerably better understanding when reading a document written in a serif font on paper than when reading a document written in a sans serif font on a screen.

But don’t get too worked up over it. Select one of the four typefaces shown above and continue.

The font size should be between 10 and 12 points to be readable by the majority of people. If you need to reduce the font size to make your plan shorter, you should cut information rather than modify the font size. The margins follow the same rule: To make the plan readable, use standard one-inch margins. It’s also a good idea to have cover pages. Make use of the cover page to display your logo, tagline, or value proposition. Remember to include your contact information; you want comments and follow-up on your plan, after all.

8. Enlist the help of a second pair of eyes.

The final piece of advice I have for designing your business plan is to have a second set of eyes look it over. When you’re the only one working on your plan, it’s easy to overlook some of the mistakes you’ve made. Recruit a friend or family member to read your strategy and polish it, or engage a copy-editing professional to do it.

Nothing is more frustrating than a plan that contains grammatical or typographical problems. The second set of eyes will go a long way toward catching the vast majority of potential issues.

Information required for writing a business plan

You need the following information for writing a business plan such as:

  • List of capital equipment
  • Final projections in detail
  • Letter of creditability
  • Income and cash flow statement

What is the length of a business plan?

You need to write a basic plan in just 15 to 20 pages.  A length of a business plan is completely based on your objectives of writing also. For example , if you are writing a business plan for attracting investors then you need to provide detailed information about your business. In case you are writing a business plan for sharing your ideas or expanding your business then you can write it in short.

What to include in a business plan?

You for writing the perfect business plan need to include the 6 things in it these are:

1. Executive summary

When writing a business plan you are requiring providing a summary of your business idea. You should also provide detail about the source of the idea. It is very crucial for you to clearly explain the concept of your business.

2. Description of business

In the business plan, you should provide a brief description of the business. When writing a perfect business plan you need to specify how your business will earn a profit? It is also very crucial for you to define the organizational structure of the business.

3. Detail of marketing strategy

In your business plan, you are required to provide information about the techniques and tools which you will utilize for the promotion of your business.

4. Information about competitors

At the time of writing the business plan, you are required to include information about business strategies you will utilize for gaining a competitive advantage.

5. Operational and management plan

You need to include information about the different business functions you will perform for accomplishing your business objectives. In a business plan, you need to write information about how you will produce goods or services.

6. Financial plan

You need to include information about the sources from which you will obtain funds. When writing a business plan you are required to provide detail about how you will invest. You need to provide the specifications for the amount of money you will need to fulfill different business requirements. It is also very crucial for you to include an estimated cash flow statement and highlight an estimated break-even analysis.

From the above article, it has been concluded that creating a perfect business plan is essential for successfully establishing a company. Another fact that has been found from the above is that it is the business plan which helps in determining the risks of establishing a particular business.

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  • Dec 10, 2018

Supports from Enterprise Ireland

Enterprise Ireland Business Plan

Enterprise Ireland (EI) is a government body responsible for the development and growth of Irish businesses in foreign markets. The organisation works with companies to help them achieve their expansion and export goals. This includes the provision of financial supports and funding.

There are a wide range of supports available, so for ease of deciphering which you might be eligible for, we have prepared a summary of the Enterprise Ireland monetary supports available to small and medium sized Irish companies. The supports available are determined by company size and stage of development.

The supports available are designed to suit businesses at various stages in their development or growth and can be categorised as follows:

o Feasibility Stage Supports

o Investment Ready Company Supports

o Growth Phase Supports

o Established Businesses – Research and Internationalisation Supports

o Product, Process or Service Development Supports

o Management Team Development

o Business Process Improvement Supports

o Company Expansion Packages

High Potential Start-Up (HPSU)

HPSUs at the Feasibility Stage can apply for the following :

HPSU Feasibility Grant To assist innovative/high potential start-ups. Eligible costs include; Salaries and Overheads, Consultancy Fees, Foreign Travel and Subsistence, EI approved Business Accelerator Fees, Trade Fair costs and Prototype costs.

Innovation Voucher Worth €5,000, these are designed to enable early stage businesses to work with a registered college or knowledge provider in Ireland or Northern Ireland.

New Frontiers Entrepreneur Development Programme Run in partnership with the Institutes of Technology, the programme supports entrepreneurs. Can include mentoring, incubation space and a €15,000 scholarship payment.

Competitive Feasibility Fund Helps start-ups or individual entrepreneurs to investigate the viability of a new significant growth orientated business or proposition.

Mentor Grant EI pairs the company with an experienced business mentor to assist or advise on specific areas.

Investor Ready businesses can apply for the following:

Competitive Start Fund (CSF) A €50,000 equity investment designed to accelerate the development of HPSUs by helping them to achieve commercial and technical milestones.

Innovative HPSU Fund (Equity) EI offers equity investment to HPSU clients, on a co-funded basis to support the implementation of a company’s business plan.

The following Post Investment Supports are available for companies in a Growth Phase :

Mentor Grant As discussed above.

Business Links Grant Enables companies to carry out research to identify potential customers/partners using market research companies or other specialist service providers. Only open to businesses exploring new markets.

Innovation Voucher As discussed above.

Established SME (>10 Employees)

Market Research and Internationalisation Supports

Be Prepared Grant Assists SMEs with the costs associated with preparing for the threats and opportunities posed by Brexit. Can cover consultancy, travel and out of pocket expenses.

Strategic Marketing Review Grant Covers an approved programme of work in conjunction with EI advisers and an approved external consultant.

Market Access Grant Assists companies in developing a viable marketing strategy for a new market. Covers costs including new or existing staff to undertake the project, consultancy fees, office rental, purchase of market research and databases and selected marketing costs.

Internationalisation Grant Goes towards the cost of researching and exploring new international business opportunities regarding either new markets or new products Eligible costs may include; Salaries & Overheads, Consultancy Fees, Foreign Travel & Subsistence, EI approved Business Accelerator Fees and Trade Fair costs.

Business Links Grant As discussed above.

Graduates for International Growth (G4IG) Programme

This pairs graduates with companies to develop and execute plans to grow in key markets. Support available for the graduate salary and training.

Acumen Programme A cross-border Business Development Programme designed to promote cross-border trade. Covers consultancy and management costs.

Supports for Product, Process or Services Development

Technical Feasibility Study Grant Can be used to investigate the feasibility of developing a new product, process, technology or service offering.

In-house Research, Development and Innovation (RD&I) Fund Assistance with the development of new or substantially improved products, services or processes.

Innovation Partnership Grant Programme Financial support for companies who engage in collaborative research projects with Irish universities and Institutes of Technology.

Horizon 2020 and other EU Research Funding Programmes International research programmes designed to foster collaborative cross-border research between companies in different EU member states.

Supports to Enhance and Develop Management Team

Strategic Consultancy Grant Assists with companies with the cost of planning or implementing a new strategic development initiatives.

Key Manager Grant Supports cost of hiring a new Key Manager.

Productivity and Business Process Improvement Supports

Be Prepared Grant As discussed above.

Capital Investment Initiative (CII) Fund Assists companies with improving productivity and competitiveness through the acquisition of new capital equipment and technology. Maximum support available of €250,000.

Graduate Business Growth Initiative Enterprise Ireland will fund SMEs to employ up to two graduates per year, with a Level 8 degree qualification.

Lean Start Grant Funds the undertaking of a Lean Start Assignment.

GreenStart Grant Funds the undertaking a GreenStart Assignment.

Business Process Improvement Grant Supports short-term projects that are designed to develop management capability and drive company efficiencies and business process improvements. Must include either LeanPlus, E-Marketing or GreenPlus.

Lean Transform Grant Funds a Lean Transform Project. This is a large scale, extensive and holistic company transformation programme delivered by an external consultancy team of international reputation.

Company Expansion Packages

Job Expansion Fund Assistance towards new employment. Provides support of up to a maximum of €150,000 towards the recruitment of new employees.

Tailored Company Expansion Packages Enterprise Ireland offer a range of tailored financial support packages.

All information correct as of December 2018.

For more details visit www.enterprise-ireland.com

Are you hoping to avail of financial support from Enterprise Ireland? Do you need assistance with writing a business plan to go with your application? If so, please don’t hesitate to contact us at Irish Business Plans. We have over ten years’ experience helping entrepreneurs develop their ideas and prepare professional business plans. We would be delighted to help. Get in touch to find out more.

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COMMENTS

  1. How to write a business plan

    There is no standard format when writing a business plan. You can include any information that you consider important for your business. It is recommended that at a minimum, your business plan should include: An executive summary This is where you describe your business and why you think it will succeed.

  2. How to write a business plan

    September 6, 2017 If you have a great business idea, write it down. If you want to grow your business, you also need a plan. If you have a great business idea, the first step is to write it down. Then you'll need a Business Model Canvas to flesh out the idea. Download your free canvas now. Later, you will need a full business plan template.

  3. Step-by-step guide to setting up a business in Ireland

    Step 1: Develop your idea Step 2: Write your business plan and choose a business name Step 3: Choose a legal structure Step 4: Understand your tax Step 5: Register employees Grants and other supports More information Setting up a business This page gives a step-by-step guide to starting a business in Ireland.

  4. Free Business Plan Template

    February 21, 2023 If you are starting, running or growing a business, you need a great business plan. Download this free template and get started. Please click below and download this great Business Plan Template: Business Plan Template Need help writing your plan?

  5. Business Plan Templates

    The following document is a blank business plan template that you can download, edit, print out and fill in to help you start up your own business. Business Plan Template from Enterprise Ireland Full Teagasc Business Plan Template Teagasc Step by Step Guide to doing the figures Business Plan Template with useful hints

  6. Business Plan Writers

    Business Plan Writers | Ireland | Irish Business Plans Irish Business Plans Looking for investment, a grant, microfinance, or a bank loan? Cut out the stress and save time. Let our team of experts write your business plan for you.

  7. Writing a Business Plan

    SECTION 1 - EXECUTIVE SUMMARY Detail the objectives of the business and the requirements of the business plan. SECTION 2 - INTRODUCTION Summarise the various aspects of the business, which will be later detailed under the headings below. SECTION 3 - MARKET Overview Trend Size and potential Competition Customers Structure S.W.O.T. Analysis

  8. Ultimate guide to starting a business in Ireland in 2021

    Award-winning ThinkBusiness.ie editor John Kennedy is one of Ireland's most experienced business and technology journalists. Everything you need to know about starting a business in Ireland in 2021 from writing business plans, sourcing finance, building a team and finding grants.

  9. Writing a Business Plan

    It should not be. When you are accepted into the Mentor Programme, a mentor will be appointed who will guide you through the whole process. Your mentor will not write the business plan for you, as it is most important that you have ownership of the business plan and thoroughly understand all its contents.

  10. How to write a business plan

    Keir Thomas-Bryant 16 May, 2022 8 min read Leave a comment When you're starting a business or planning to expand, having a business plan can help to get you on track and get some detail behind your ideas. However, many businesses don't have a business plan.

  11. Write a Business Plan

    Even if you will eventually write a long business plan, a one-pager is a great place to start. It could take as little as an hour to do your first draft and will make your idea stronger. Writing about customers, competitors, income and expenses will help develop your thinking. ... Region Ireland (USD) ...

  12. How To Write a Business Plan in 9 Steps (2024)

    Draft an executive summary Write a company description Perform a market analysis Outline the management and organization List your products and services Perform customer segmentation Define a marketing plan Provide a logistics and operations plan Make a financial plan Few things are more intimidating than a blank page.

  13. PDF How to Develop a Business Plan Guide

    developing a business plan for your new venture. It can help you to appreciate why you need a plan and what it should contain as well as offering guidance on the practical process of assembling the various components of the plan. The document is structured as follows:

  14. Business Plans

    Book an appointment A good business idea generally requires a solid business plan with accurate financial data and a strategy for turning the idea into a reality.

  15. How to write a business plan in 10 steps

    The 10 steps to write a business plan are: Create an executive summary Compose your company description Summarize market research and potential Conduct competitive analysis Describe your product or service Develop a marketing and sales strategy Compile your business financials Describe your organization and management Explain your funding request

  16. How to Write a Business Plan… Or Hire a Professional Instead

    1. INITIAL CALL Our job is to simplify the process of having your plan prepared. This involves four simple steps. First we have a casual discussion with you over the phone for a few minutes. This is to make sure we are the right people to help you.

  17. Business Plan Writers in Dublin, Ireland

    Business plan is a roadmap of your business idea and its growth and how it will achieve its objectives. It provides a chance to think clearly what is the main business idea , describe is mechanics and how his idea will flourish. Key elements of business plan are : Executive Summary. Business description . Market Analysis. Sales and Marketing Plan.

  18. Business Plan Writing Service in Ireland

    Business Plan Writing Service in Ireland BUSINESS PLAN SERVICES BANK LOAN APPLICATIONS Banks will need to see that your business is viable in the short and long term, and that you will have the cash flow required to repay a loan. Our business plans help you to put forward the strongest business case possible. READ MORE GRANT APPLICATIONS

  19. Business Plan Template and Instructions Manual

    The Business Plan Manual shows you how to prepare your Business Plan, a Template is also provided for your use.

  20. Sample Business plan

    If you have any queries on writing your plan, contact us to schedule a free one-to-one advisory session by calling 091-509090 or emailing [email protected]. A well-thought out plan gives your business direction, defines your objectives, maps out strategies and helps you to manage possible bumps in the road.

  21. Business Plan Writers in Ireland

    Michael Melleney B.Comm, MBA, is the owner and lead business plan writer. He is an experienced business professional with a strong background in entrepreneurship and business development. Having completed an honours degree in Business, Finance and Marketing at UCC, he held a number of senior roles for international companies overseeing Irish ...

  22. Writing a Business Plan

    Step 1: Identifying business. At the first step of writing a business plan, you are required to develop an idea about the type of business you want to start. It is a step where you should decide which goods or services you want to launch in the market.

  23. Enterprise Ireland Business Plan

    Business Plans for Enterprise Ireland. Enterprise Ireland (EI) is a government body responsible for the development and growth of Irish businesses in foreign markets. The organisation works with companies to help them achieve their expansion and export goals. This includes the provision of financial supports and funding.