Leaving Cert Business

Today we explore business risk. The possibility of loss entrepreneurs face from financial, operational, and market challenges. We categorise specific threats such as economic downturns, compliance failures, and cyberattacks.
Crucially,we outline a four-step management process (Identify, Assess, Take Action, Monitor) and detail strategies to mitigate harm, including avoidance, diversification, prevention, and specific insurance policies to ensure survival.
Notes and insight from IOH, Podcast produced using Notebook LM AI

In this episode, we break down how a business really works behind the scenes. We explore the key partners, activities, and resources that help companies create and deliver value, and how these change as a business grows.
We also look at the financial side of operations, including fixed and variable costs, sources of finance across the business life cycle, and different ways businesses generate revenue.
Finally, we explain why cashflow forecasting is so important for staying financially healthy and supporting long-term growth.

Notes and insights from IOH, podcast produced using Notebook LM AI.

In this episode, we explore the foundations of effective marketing — from identifying a clear target market to understanding how businesses meet customer needs in competitive environments.
We break down the role of market research, examining how primary and secondary research help firms make informed decisions, reduce risk, and spot opportunities. We also dive deep into the 7 Ps of Marketing — Product, Price, Place, Promotion, People, Process, and Physical Evidence — using real-world examples to show how successful businesses build strong marketing strategies.
Finally, we discuss how marketing adapts to changing consumer trends, technology, and global markets, and why a well-designed marketing mix is essential for long-term success. Perfect for students and aspiring entrepreneurs who want to understand how businesses attract, satisfy, and retain customers in the real world.
Notes and insights from IOH, podcast produced using Notebook LM AI.

In this episode, we explore where great business ideas come from — whether sparked by personal experience, research, or customer demand.
We break down the key factors that shape idea development, from company culture to legal challenges, and dive into the Design Thinking process with real-world examples like Nike’s Flyknit shoes.
Finally, we explain how a Feasibility Study helps test if an idea is practical, profitable, and sustainable before launch. Perfect for students and entrepreneurs who want to understand how raw ideas transform into successful businesses.

Notes and Insight from IOH, Podcast produced using Notebook LM Ai

In this episode, we dive into what enterprise truly means — the proactive drive to bring ideas to life for the benefit of individuals, communities, and the wider economy.
Diverse Motivations – Why do people start businesses? From the pursuit of independence to solving social problems, we unpack the drivers behind entrepreneurship.
The Innovator’s Toolkit – Explore the core competencies of successful innovators: creativity, risk-taking, resilience, and strong human relations skills.
Innovation’s Ripple Effect – Discover how innovation fuels progress, creates jobs, and tackles complex social challenges.
Government Support – Learn how Irish agencies like Local Enterprise Offices and Enterprise Ireland play a vital role in helping ideas flourish.
Notes and insights from IOH. Produced using Notebook LM AI.