Wednesday April 8, 2020

The Lowdown: Tips for start-ups

This week: ensuring growth.

24th March, 2013
Marion Walshe, regional manager of Plato Dublin. Photo: Jean Bronan

One of the keys to running a small business is to have a business plan that outlines your goals and projected growth.

Outline your finances, so you know what sales numbers you need to meet in order to break even along with specific goals you have for the growth or improvement of the business. Prepare quarterly, if not monthly, management accounts to monitor company performance against target.

Set Smart (specific, measurable, accountable, responsible and touchable)...

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