Features
The process of obtaining a business loan can be challenging at the best of times. Normally, though, the loan is part of a larger restructuring or growth plan, whereas at present companies across the UK are requiring financial support just to survive.
The world has been turned upside down and shaken vigorously. Businesses are now scrambling to pick up the pieces and regain a handle on how they can push ahead during these difficult, uncertain times.
There is no part of society that has been unaffected by the COVID-19 pandemic. On 12th April, the UK sadly became the fifth country to record 10,000 deaths from the virus, with the Government expected to continue its tough lockdown measures for many weeks to come.
Growth mindset rests on the idea that essential things such as talent and achievements can be developed through hard work and practice. Also, the concept of growth mindset explores how passion and training can help a person develop skills that people don’t originally have.
It may surprise some, but there are many similarities between the best attributes of an immigrant and a tech entrepreneur. We speak to Manoj Ganapathy about his journey from humble beginnings in his native India, to CEO of business travel and expense management system, SalesTrip.
The current global situation has affected many different industries, businesses and individuals and it is safe to say we are only just getting into the real mix of it. A lot of people have been talking recently how this could change the world in some way forever. One area that is has affected in an interesting way in the insurance technology area. We decided to catch up with and ask a few questions to Christian Wiens, CEO and founder of Getsafe about the insurtech space, and the current situation for them.
Prior to the UK-wide lock-down, Startups Magazine attended a London-based panel discussion, hosted by business advice and consultancy company Invigorate, to address some of the barriers, misconceptions and challenges facing female founders and what the future has in store over the next ten years.
When we speak of gender equality, we like to think, in 2020, that we’ve come a long way from the patriarchal society of days gone by. Which is of course true, however, when it comes to business there are still battles to be won and barriers to break down.
Home learning? As governments worldwide announce school closures in response to the COVID-19 outbreak, it is important parents and teachers seek out and have access to fresh and pioneering new ways to keep young minds learning and stimulated in the months ahead.
There’s no shortage of fantastic startups in the UK but introducing their technologies and solutions into the public sector presents a challenge for both sides.
Cloud computing might be a relatively mature technology now, well-adopted by many types of SMEs, but changing your cloud strategy can still be daunting. Do the benefits of multi-cloud outweigh the costs? Is it worth the additional time spent managing multiple services, especially for a smaller business? I think that it is, and here’s why.
Jo White, Marketing Manager at customer relationship management software specialists Capsule, looks at the top sectors destined for startup success in 2020 and beyond. She explains how startups can leverage the latest technology to build lasting and meaningful personal relationships to deliver the excellence in customer experience needed to make it big.
At the start of a company’s life, building a business is all-consuming, especially for founders going it alone. For those with an entrepreneurial background, juggling the quest for investment, continuous product or service development and a huge amount of administration is taxing.
To remain competitive, every company across every industry is now compelled to rethink its established ways of doing business. Change is set to continue, the ride is only going to get faster and the differences more fundamental. The risks of not adapting are now outweighing the risks of staying the same.
Many companies collapse after expanding too quickly and spending more than the new business brought in. The sales figures can be high, but the profit may not be there. Or, an unexpectedly large order may put extra pressure on employees – if they deliver a positive experience, a business can be propelled into the next stage of growth.
If you are considering beginning a new startup business, you will not be happy to hear that 90% of start-ups fail; according to the Startup Genome Project. However, if you understand the reasons why new companies fail to become successes, you can avoid falling into those pitfalls.
The stigma attached to periods manifests in many ways and in the workplace, it can often prove quite a difficult obstacle to overcome. In 2018, there were 15.3 million women aged over 16 in employment, with the total female employment rate being 71.4% — the highest ever figure since 1971, when records began.
Many startups are born of a desire to fix a social or environmental issue that the founders believe has been poorly addressed. Many governments, councils and politicians believe the same, enacting policies to hopefully enable these solutions – either through public funding, tax breaks or regulatory requirements (to recycle or meet emissions targets, etc).
The road to developing, catalysing and scaling a sustainable energy business is an eventful, long and can be a frustrating one. I know because I am travelling on that journey right now. For me it started four and half years ago when I purchased a 322 hectare site in Cameroon with a vision to establish it as a production park for biofuels.
The third in our six part series of articles harnesses our Associate and Partner network and focusses on narrative and storytelling. How you talk about yourself and your company is literally the front door key to everything else.
