The start of a new year is the perfect time to make your dreams a reality. It is a time for decision-making and planning, and top of many peoples’ list at this time of year,  is whether to make changes to their working lives. Is it time to give up your regular 9 to 5 job and finally invest in that business idea you’ve harboured for years? Or perhaps you already run a business and have a new idea you want to launch. 

Here are some tips that will assist you in fulfilling your dream of getting started on your journey of becoming a successful entrepreneur in 2020.

  • Put together a complete business plan

Your business plan should detail your financial resources and how you intend to fund your business. Other things to include in your plan are details about the goods and services you will provide, information and statistics about your target market, the channels you intend to use to sell your goods or services, how you will promote your offering to the target market, a list of resources you require such as equipment and employees. 

  • Register your business 

You will need to register your new business with CRO. WorkHub can help with this by putting you in touch with a qualified accountant. Click here for details. Be sure to have your business name decided in advance of starting to complete the registration process. 

  • Choose the right location

Consider whether you need physical business premises or whether you can instead operate virtually from home. If you are starting off small and don’t require office space for other employees, then running a virtual office would be a good option for you. You can get the best of both worlds with a Virtual Plan that provides a prestigious central Dublin mailing address,  the option of a local Dublin telephone number and the use of meeting rooms for when you need to meet up with clients. Click here for details about Virtual Plans. 

If you require physical business premises then location is key. Choose premises in a reputable area with good transport links and amenities close by. Click here for a range of affordable offices in great areas of Dublin. 

Launching a new business is an exciting, albeit daunting time. But with some good preparation and guidance, your business can be up and running in no time. Don’t wait any longer, 2020 could be the right year to take the leap and finally set up the business of your dreams.