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Entrepreneur Q1 2023
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Leading insurer highlights the importance of having the right insurance cover in place
When starting up a new business, an essential item for the checklist when getting off the ground is business insurance as accidents can occur at any time. Customers or clients are vital to the success of a business, so a good place to start is with public and product liability insurance as well as professional...
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From clicks to bricks: how online businesses can take the leap to retail
A social media influencer has discovered how a modern payments provider is helping bridge the gap between online and in-store sales for her activewear business. Louise Cooney began as a fashion blogger about nine years ago and is now visible across all the main social media platforms with a combined audience of some 250,000 followers....
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Increasing diversity in entrepreneurship and leadership is key to success
Ireland’s economic success will be driven by harnessing a strong entrepreneurial ecosystem which utilises the skills, ambition and talent of a diverse population. Numerous studies have shown that gender-balanced teams and businesses perform better. This is one of the many reasons why Enterprise Ireland has a strong focus on increasing the participation of women in...
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How businesses in Ireland can potentially reduce their energy use and other costs
An average small to medium-sized enterprise (SME) could potentially reduce its energy bills by up to 30% by implementing energy efficiency measures; and 10% savings can be achieved with little or no capital cost. Working with businesses, the Sustainable Energy Authority of Ireland (SEAI) understands the impact of rising energy costs and the need to...
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Helping Irish SMEs take their businesses global
Small to medium enterprises (SMEs) are the backbone of the economy, accounting for 95% of businesses and over two-thirds of global employment. When SMEs and entrepreneurs succeed, everyone benefits — so what’s the next step for growing your business? At DHL Express, we pride ourselves on being a market leader in the express logistics industry....
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How a wireless payment system provides new business growth opportunities
Expanding a daytime coffee shop into a nighttime pizza restaurant was easy with an advanced payment system, helping Mo to focus on what matters most to him: the food and his customers. From a small-but-characterful premises in a Dublin 4 suburb, Mohammed (Mo) Mrabat fuels the locals with breakfast, lunch and dinner. From morning coffee...
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Why are digital wallets so popular in ecommerce?
Digital wallets are on the rise. Research by the card brand Discover shows that across Europe,1 digital wallets are the single most popular way of paying when shopping online. That might come as a surprise to some, but perhaps it shouldn’t. Anyone familiar with digital wallets will know they provide a level of convenience and security...
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Staying up to date with contactless payments will benefit your business
Many business owners don’t know that contactless limits can be far higher than €50 when your customers are using a digital wallet. “Digital wallets, such as Apple Pay or Google Pay, are the fastest-growing payment methods in the world and link a bank account or payment card to a smartphone or smartwatch,” says Patrick Doyle,...
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How small businesses can grow, evolve and thrive in the digital future
Small Irish businesses have been challenged by the post-Covid-19 landscape as digital excellence and sustainability have become recognised as requirements for business success. Ireland has a well-grounded entrepreneurial culture — fostered by the Government through their Local Enterprise Office (LEO) and various initiatives. This has worked well for Ireland. However, two new elements must be...
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Higher growth potential for small businesses in the export market
The export market provides businesses with the potential to grow through sourcing and attracting new customers from outside Ireland. Exporting has many potential advantages including increased innovation, spreading market risk and, ultimately, increased profit. However, many small businesses may struggle to understand how to start this journey. Start with export market research Knowing whether there...