We can’t win on price, so we need to use innovation for success

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On a recent trip to New Zealand, I was asked to participate in a business speed-dating event that was being organised by a local agency called Grow Wellington.

The purpose of the event was to invite local entrepreneurs with growth ambitions to meet a variety of international experts who could offer them advice regarding their business development.

People had five minutes to talk, then a bell sounded, and the entrepreneurs moved onwards to the next international expert.

The most noticeable feature of meeting ...

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Blog, Economics, Entrepreneurship

Why You Should Take A ‘Start Your Own Business’ Course

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Thinking of starting your own business? Then let me give you a tip – take a ‘Start Your Business Course’ (SYOB). There are many programmes provided throughout the country by City and County Enterprise Boards, schools and colleges, and private training companies. Wherever you are based in Ireland, there is undoubtedly a ‘Start Your Own Business’ programme being offered somewhere near you. Just go the website www.enterpriseboards.ie and you will see details of the programmes that have been designed ...

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Blog, Entrepreneurship

How Franchising Can Help You Start A Business

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I recently heard a statistic that the failure rate for a franchise in the first 3 years of operation is just 7%, as opposed to 35% for businesses more generally. I have not been able to confirm this figure but what is factual is that the rate of business failures is much lower for businesses that are based on a franchise than for any other type of business. Well known examples of franchise operations in Ireland include Snap Printing, McDonald’s, ...

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Blog, Entrepreneurship

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