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.