Indigenous TMT sector
1. Initial stage and concept: Developing the product
Your situation:
You make the decision to become an entrepreneur.
A concept is developed in principle and you are trying to put a framework around the move into a revenue-generating and ultimately profitable business.
With limited personal financial resources you focus on developing your target market and testing the water. As you assimilate as much information as possible, your general approach to the market begins to be formulated.
Key considerations:
- How will I finance the initial stages of my technology business?
- How can I focus on product development while dealing with a significant amount of accounting, tax and legal red-tape?
- Are there issues I need to be aware of now that will have
far reaching implications for my business at later stages? - Should I incorporate my business?
How Deloitte can help:
- Development of business plans and introductions to appropriate VCs and angel investors
- Dedicated small business advisors to help you with your accounting, tax and company secretarial requirements
- Assessing appropriate grant aid to help your business
- Development of share based payment remuneration packages
Next steps:
Contact a member of the Deloitte TMT team or select a stage below for further information.
Contact us
Richard Howard,
Partner, TMT
T: +353 1 417 2906
