Need help with setting up a small business

mmassive

A friend of mine is setting up a nail bar in a hair salon hopefully in the next couple of months. She has tried to do as much research as possible in terms of the things needed to set it up, eg. demand, products needed,etc.

She is clueless however, as am I, to the business management side of it for setting it up. Would ye be able to help her out by making a snag list of things she must do before she sets it up, eg. must she be registered with VAT under a company, insurance needed, etc.

All help is really appreciated because the deadline is coming up soon for her to make a decision on whether she wants to lease the unit she has in mind.

Thanks for reading and looking forward to replies!

thecleverone

A business plan is really the first place to start. If you look on the website for your local enterprise board, they usually have business plan templates that you can use, and also they have info leaflets for people starting out in business for the first time.

MartMax

reading this might help for tax, VAT, etc

http://www.revenue.ie/services/main_bus.htm

and also couple of leaflets from Companies Registration Office

http://www.cro.ie/en/downloads-information-leaflets.aspx

yes, business plan will do help a lot, http://www.basis.ie will be a good start...

good luck!

marty

Nuttzz

is she going to do it herself or employ staff to do it for her?

Mrs N set up a salon & nail bar and found the staff were constantly doing nixers and trying to poach customers from the shop for their nixers, getting the right location is very important to getting the staff as much as the customers.

Looking back Mrs N says that she totally underestimated the black market end of things and would be wary of getting into this business if you rely on staff to do most of the work also the price that the nixer crowd charge much less than shops who have rent rates insurance prsi vat etc etc

JoeTurner

Obvious question, but has she got a good accountant?