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Project Management
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FAIL TO PLAN ----------- PLAN TO FAIL
FAIL TO PLAN ----------- PLAN TO FAIL

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I am doing a little test of how effective social media business pages are. Can you help? If you get to see this will you share it.
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Doing a project management course without a project is like buying a set of keys without a lock.Thinking about it won't get it done. Planning won't get it done either but it is the right place to start. What are you waiting for? Visit
http://www.bppm.ie/Special-Offer.html
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Thinking about it won't get it done. Planning won't get it done either but it is the right place to start. What are you waiting for? Link http://www.bppm.ie/Project-Management-Course.html
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Sláinte

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The British Prime Minister Theresa May or indeed Theresa May-Not trigger Article 50 and initiate the UK’s exit from the European Union by the end of this month, March 2017. The exit process negotiations may take around two years to complete. However the decision to leave has already had an impact on Irish exports. The USA and the UK are by far, Ireland’s largest trading partners. The impact of currency changes is reflected by the fact that exports to the UK decreased from 12.29% (€13.8.4bn) 2015 to 11.39% (€13.31bn) in 2016.
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Brexit

There are a number of concerns for SME's when Article 50 is triggered but the biggest issue at the moment is uncertainty on every level. So in practical terms SME's need to: (a) Examine the potential impacts (b) Keep informed as negotiations develop and (c) Plan for best and worst case scenarios oh and (d) stay up to date with BPPM's econometric forecasting for your industry. See more http://www.bppm.ie/Brexit/Planning-for-Brexit.html
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Changing Company Name

The Companies Act 2014

The Companies Act 2014 provides that company names must include the company type suffix at the end of its name, unless exempted. The Companies Registration Office (CRO) has issued a number of Information Leaflets relating to the Act.

https://www.cro.ie/About-CRO/Latest-News/ArtMID/1567/ArticleID/1049/Transition-Period-has-now-ended

See Information Leaflets No 35 for information on re-registrations. A company can change their name by filing a G1Q, Special Resolution, amended Constitution and fee of €50 if filed on line/€100 on paper.

Change of Company Name Special Resolution G1Q

The types of companies directly affected are Private Guarantee Companies and Companies Limited by Guarantee (CLG). Private guarantee companies are deemed to be Designated Activity Companies (DAC). These companies do not need to convert to DAC status but must make an adjustment to their company names. All Designated Activity Companies, which are limited by guarantee, must have the words “Designated Activity Company” or “Cuideachta Ghníomhaíochta Ainmnithe” at the end of their name unless exempted. The words “designated activity company” may be abbreviated to “d.a.c.” or “dac” (including either such abbreviation in capitalised form) in any usage after the company’s registration by any person including the DAC. The words “cuideachta ghníomhaíochta ainmnithe” may be abbreviated to “c.g.a.” or “cga” (including either such abbreviation in capitalised form) in any usage after the company’s registration by any person including the DAC. Companies which are limited by guarantee and do not have a share capital are deemed to be Companies Limited by Guarantee (CLG) under section 1189. There is a requirement for Companies Limited by Guarantee to have the company type added to the end of the company name. All newly incorporated Companies Limited by Guarantee will have the company type at the end of their name from 1st June 2015, unless exemption is granted under section 1180. “Company Limited by Guarantee” or “Cuideachta faoi theorainn Ráthaíochta” must form the end of the company name. Companies limited by guarantee are governed by Part 18 of the new Companies Act.

Nobody Likes To See This

If a company does not change the name of the company and submit an amended constitution using Form N3 during the transition period, the will change the name of the company and issue a new certificate of incorporation (unless the company already has an exemption). In certain circumstance companies may be left with unnecessarily complex name, where they have been changed by Registrar of Companies. These are some samples:

THE SAMPLE INSURANCE COMPANY DESIGNATED ACTIVITY COMPANY

SAMPLE NAME FINANCIAL SERVICES HOLDING COMPANY DESIGNATED ACTIVITY COMPANY

THE SAMPLE LIFE ASSURANCE COMPANY DESIGNATED ACTIVITY COMPANY

Other Implications

Changes to the company name will affect company letterheads, stationery and signage. Any documentation submitted to the CRO after the end of the transition period (30th November 2016) which bears the incorrect name will be refused. The Act provides that the correct company name must be displayed on all websites. Directors must ensure that they are prepared for a change in company name. Your business name has changed and you may want your domain to reflect this to maintain consistent branding. Every company that has a website is also required to display either on its homepage or to be identified on its homepage, a readily accessible webpage on which the following appear:
(a) the name and legal form of the company
(b) place of registration of the company and the number with which it is registered
(c) address of the registered office of the company
(d) in the case of a company exempt from the obligation to use the company type as part of its name, the fact that it is such a company type (applies to Designated Activity Companies and Companies Limited by Guarantee only)
(e) in the case of a company which is being wound up, the fact that it is being wound up
(f) if the share capital of a company is mentioned on the website, the reference must be to the issued share capital
There are a number of issues which Directors must consider in circumstances where the company name is about to change. It is advisable to try and identify the relevant issues and to put plans in place to avoid any difficulties before the company name changes (whether voluntarily by converting or by the name change being applied by the CRO). Implementation of a company name change is normally phased in to ensure cost-effectiveness, beginning with regulatory compliance, continuing with updating on-line materials stationary and signage with the subsequent amendments to 3rd party databases.

What Needs To Be Done

http://www.bppm.ie/Companies_Act_2014/Companies_Act_Schedule.png

The work schedule for Boyle Practical Project Management Project Implementation Plans for the Companies Act 2014 looks like this:

The Sting In The Tail

The hidden danger for companies active on social media platforms is with changing their company page names, business page names, verified business accounts, handles etc., on the various social media platforms. It may not be straightforward to change company names on these sites without losing followers, likes etc.

Delivering The Companies Act

Boyle Practical Project Management is currently assisting Limited companies to come to grips with the Companies Act following the transition deadline of 30th November. BPPM give the steps for companies to make the transition themselves in the form of a detailed implementation plan.

Project Implementation Plan for Private Ltd Companies

Boyle Practical Project Management is now also assisting Designated Activity Companies (DAC) and Companies Limited by Guarantee (CLG) to come to grips with the Companies Act. The Implementation of the Act for DAC.’s and CLG.’s is somewhat more precarious than for Ltd.’s because of the name change requirement.
Boyle Practical Project Management has designed a course specifically for assisting companies to customise the project implementation plan to suit their individual needs. Companies most suited for participation in this course:
Designated Activity Companies (DAC)
Companies Limited by Guarantee (CLG)

What the Project Implementation Plans for the Companies Act 2014 contain:

1.These are practical workable plans to enable Companies to make the transition to the new company type in a structured way.
2.Plans are streamlined to deal with specific company types, either Designated Activity Company, Limited Company or Company Limited by Guarantee.
3.Gives the objectives for converting and provides windows of opportunity to expand the scope to take advantage of the changes.
4.Examines some general risks associated with the conversion.
5.The plans outline the criteria for choosing the appropriate structure to be adopted.
6.Provides the process for gaining members agreement or otherwise.
7.Provides a fully resourced, costed (in hours) and time-lined activity schedule.
8.Indicates the resource inputs to enable delegation of activities to named individuals.
9.Highlights the section numbers of the Act under which the actions are required.

Designated Activity Companies (DAC)
Companies Limited by Guarantee (CLG)
Action Items - Format and Content
Lesson 1: Introduction
Lesson 2: Framework for success
Lesson 3: Work package
Lesson 4: Time schedule
Lesson 5: Resources Lesson
6: Cost
Lesson 7: Facilitating processes
Lesson 8: Complete project plan

Next Steps

Participants wishing to participate in this course must be nominated by a Company Director. The course is free at point of delivery. Companies participating in the course may if they so wish, make a voluntary contribution during or following course completion. Complete the comment form on this page http://www.bppm.ie/Companies_Act_2014/Companies-Act-2014.html (including company name, your name, job description and email) or send email to info@bppm.ie on or before 19th December if you wish to register for this course.
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