How do you determine if a consultant is an employee or self-employed?
Conor Gallagher
When an individual is setting up a consultancy role with a potential client it is important that they are certain if they should be structured as an employee or can they be structured as self-employed. We have outlined below some points that should help individuals …
How to Raise Pre-Seed Funding for Your Start-Up
Colin Keane
If you are a first-time founder and your business is still in the proof-of-concept stage or not yet generating enough revenue to support your growth or expansion, you may be able to raise pre-seed funding from interested investors to get your business off the …
Who Should Register for VAT?
A value-added tax is a type of tax that is assessed incrementally. The thresholds depend on your turnover in any continuous 12 month period. …
Tips to Streamline the Month End Close for Start-Up Businesses
Each month, businesses must undergo an accounting month end close process to verify account balances, identify and solve any discrepancies and produce monthly financial statements. This provides strong insight into the financial health of a business. Bookkeepers and accountants tend to start the monthly close …
Independent Contractors and Employees
The Difference Between Independent Contractors and Employees As start-ups and newly formed businesses map out their growth and hiring plans, its not abnormal to prioritise a mix of full-time employees and independent contractors for various reasons. There are important distinctions between independent contractors and employees …
Start-Up Employee Equity
Start-Up Employee Equity: What Every Founder Should Know If your early-stage start-up is looking to attract passionate and dedicated employees, equity compensation can help you build a team that is committed to making the business a success. Employee equity is the practice of granting stock to employees as …
How to Create a Start-up Budget from Scratch
Creating an effective budget is crucial to setting your business up for success. Without a clear understanding of your expected costs, the amount you need to succeed, and the amount of capital you have on-hand at any given time, you’ll likely never to be able …
Checklist for Starting a Business in Ireland
Starting a business can seem like a daunting process for many. We have outlined steps to guide you through the process and highlight some areas you may not have considered previously. Checklist for Starting a Business Test Your Business Idea A good business idea is …
Local Enterprise Office & Support for Your Business
Your local enterprise office (LEO) is a place to go if you need advice, support, and information to help grow or start a business in Ireland. This blog outlines what your Local Enterprise Office does, the types of LEO grants and supports available to entrepreneurs and …
Five Tips to Improve Financial Management for Start-Ups
Most start-up business founders do not have a finance or accounting background. Most of the time it may not make sense for a start-up business to hire a full-time finance manager. This sometimes means that financial management for start-ups is complex and daunting. Managing your …
