These are uncertain times for Irish SMEs. After more than two years of endless debate and constant media coverage, it seems we're still no closer to knowing how Brexit will eventually pan out. Whatever the outcome, though, the impacts will be wide-ranging and now is the time for Irish businesses to prepare...
An effective elevator pitch can often be the only difference between you and your competition. If you're up to your eyes in trade shows, conferences, or business lunches, be sure to have a tried and trusted pitch at the ready.
Customer delight is everyone’s responsibility. Modern SMEs cannot afford to make their customers unhappy. If you don't meet their expectations, they can publicly share their criticism online. It's so easy nowadays for any customer, client, or happenstance bystander to share their instant discontent on the likes of Facebook Reviews, TripAdvisor, Yelp, or Google Reviews...
The onslaught of emails is constant, particularly when you're running your own business. Figuring out how to manage the never-ending wave of communications is key to squeezing the most out of each day.
We’ve all been told at one time or another that "it’s not what you know but who you know" that counts. Now, while there is no substitute for real knowledge and expertise, it certainly helps to have a highly developed network of contacts.
Sitting here on Europe’s periphery in a relatively small market, the ability to ship our products and services overseas is vital, both for the economy as a whole and for individual SMEs. If your business has hit a ceiling at home, then export may be the only way to take things to the next level.
Time is money. When you’re driving your own business you will need to wear many hats. You'll be making financial strategy decisions one minute, and unloading a delivery or answering phones the next. When you're trying to keep so many plates spinning, it can be difficult to focus on what's truly important. It can often feel like there are not enough hours in the day.
All entrepreneurs expect their business to be a success. Thriving and memorable SMEs emerge all the time. Yet the statistics show that only 20% of SMEs in Ireland survive their first five years. So, what is the difference between SME success and becoming another statistic?
Irish SMEs now have more choice than ever before when it comes to business loans. The digital age has brought with it a wave of new specialist providers who are bringing easy applications, quick decisions and more competition to the market.