Features

“Start Up Bromley is fantastic… a role model”, David Smith, Economics Editor of The Sunday Times, said earlier this year when he was part of a panel of entrepreneurs and business influencers in Bromley’s Central Library.

One of the biggest lessons I have learned so far along my entrepreneurial journey is that  building and owning a startup is not a job, it’s a lifestyle. Despite no two journeys ever looking the same, something valuable can always be extracted from every founder’s story. 

Building anything from the ground up comes with its fair share of challenges, and the existence of this site is a testament to that. But if there’s anything we pride ourselves on, it’s being able to give little tips on how your business can speed up its growth from day one. Today, we’ll be talking about a few technologies that can help make the life of you and your customers that much easier. 

Setting up a new business can be an exciting time. Everything is new and the possibilities are endless. However, you don’t want to fall into the trap of making a few wrong decisions, leading to real problems down the line.

I was once delivering a sales pitch to a well-known British Public School where they were looking for entrepreneurial and innovative ideas to disrupt the education sector.

According to recent statements from Cabinet Office Minister, Jacob Rees-Mogg, civil servants should return to the office to ensure Government buildings are at full capacity. Given that all legal restrictions arising from the COVID-19  pandemic were removed earlier this year, a full-scale return to the workplace has already occurred across many organisations.

There’s been much talk about the Great Resignation, with workers across sectors resigning en masse from their jobs in early 2021. The tech and finance industries were reported to have been hit hardest, but despite similar employment trends being seemingly apparent across marketing, advertising, visual arts, and more, the creative industries were conspicuous by their absence from reports. Driven by the pressing need to fill this absence, we ran surveys with the aim of better understanding the cause and effect of The Great Resignation in the creative industries and cultural sector.

These are the five things that will help new freelances create a sustainable business that gives them freedom, joy and money as they help shape their industry.

In today’s world, it is commonplace for employees to regularly change jobs. Indeed, the average UK employee changes jobs 12 times throughout their career. And with people changing jobs so regularly and the advent of autoenrollment, employees often accumulate and lose track of multiple pension pots, which could threaten many people’s long-term financial wellness.

Diversity is crucial to the tech industry’s development and success, and female representation is an important piece of the puzzle. One Deloitte Insight analysis predicted that female representation in technical roles in large technology companies would increase by 0.6% from 2019 to 2022.

Banks and big business are racing to get behind sustainable frameworks as the world sets its sights on net zero. But should startups feel the same urgency too?

Due to the pandemic and the cost-of-living crisis, side hustle and startup businesses are becoming increasingly popular in the UK. In fact, according to a recent report by digital marketplace Airtasker, 46% of British people are using side hustle businesses to generate a second income to fund their lifestyles. According to the Business Statistics Bulletin, there were 810,316 new businesses launched last year, making it a 21.8% increase from 2019.

Ensuring that anyone with potential can get on in life makes good business sense. It means that women should have the same opportunities as men to start their own businesses and be represented in business at every level.

Excel is a powerful tool that you can use for business forecasting. By using Excel, you can easily create forecasts and projections for your business.

Risk. Four letters that make you wobble. Four letters that can determine your future. Four letters that are accompanied by chaos and decisions. Four letters that we all tend to avoid. However, they are four letters that make us learn, so what would life be without risk, right?

When it comes to management, there isn’t a one-size-fits-all solution and each company’s approach (even each individual’s approach) to management should be tailored to what meets their team’s needs and a method that gets the best out of everyone. This calls for a unique, personalised approach as to how you manage your hybrid team.

No matter where you are on your startup journey a customer-focused mindset should be built into the DNA of your business according to Steve McSherry, Commercial Director of Daktela, a cloud-based contact centre that serves startups.

As some of you may know already, Key Performance Indicators aka KPIs are a way of measuring the quality or productivity of your startup, an individual department, a campaign, or even individual performance.

From business growth to onboarding, the vast majority of business processes are driven by a policy. While ‘policy’ often prompts drab visions of rules and restrictions, underpinning such processes is vital to their effectiveness. Hybrid working is no exception – formalising hybrid working with an accompanying policy is critical to its success.