According to data from What Customers Want, 91% of consumers prefer to purchase from small to medium-sized businesses. Why?
Startup businesses ought to grow in size and complexity. The expression of the business founders’ passion to meet a need in the marketplace, should in theory grow as big as possible to meet that need. Unfortunately, for most startups scaling up often leads to failure and is a leading cause of startups not succeeding within the first 10 years.
Weaver Labs, a UK startup that is driving growth through connectivity, will work in collaboration with OroraTech as part of a Track & Trust consortium led by Datarella.
Online reputation management (ORM) focuses on helping businesses create a positive public impression. To achieve this, a company needs to counteract all the negative material there is online about them.
In 2019, the Telegraph revealed that 20% of new ventures will fail within just 12 months of opening their doors, with that figure climbing to 60% within the first three years.
BJSS and Northcoders to offer Birmingham SMEs 10 fully-funded digital skills programmes.
When you start a new business there are so many barriers that you need to overcome. The first barrier is validating your business idea and ensuring that it will be profitable, and that there’ll be a target market willing and able to buy from you.
As COVID restrictions are lifting and the world is opening back up again, businesses are keen to get back to travelling.
The COVID-19 pandemic has steered the banking industry worldwide towards digital transformation. Traditional financial services became redundant overnight leading to a historic rise in the adoption of fintech platforms across the world. Cashless payments became more popular due to the need to lead our daily lives in a contactless manner.
The holiday season can be a stressful time for any startup. However, add the current global supply chain issues to the holiday rush, and businesses just might see a repeat of the fulfillment issues from late 2020.
From the time of your initial idea, you will have been thinking of all the very many steps necessary of turning your vision into reality. One of the first steps when starting up is to consider how you will build your market, and as you scale this will remain at the forefront of all that you need to do.
Every brand thinks they can turn on the charm to impress the ladies, but the opposite is often true. While an enormous 89% of women control daily shopping, the overwhelming majority (a whopping 91%) feel advertisers simply don’t understand us. Shocking, I know.
The digital transformation is bringing significant benefits for firms of all sizes. From new revenue opportunities to reduced transaction costs to better access to information, digital technologies are boosting performance and profitability.
Here’s an interesting fact, companies founded by women bring higher returns from investment. According to a study by Boston Consulting Group, the return from each dollar invested in a ‘woman-led business’ is nearly twice as high, and the total revenue over a five-year period exceeds the earnings of male-run businesses by around 10%.
Following on from the easing of national lockdown restrictions in April, Real Business Rescue have released their quarterly Business Distress Index for Q2 (April – June 2020), uncovering a post-pandemic health check on SMEs in the UK. You can view the full report here.
We spoke with Anjali Midha, an entrepreneur with a passion for media and analytics and the Founder and CEO of Diesel Labs. Diesel Labs is a content analytics company that addresses the toughest questions facing media companies today: what to produce and where to distribute and market it.
I would be lying if I said that raising capital as a female Founder is an easy process. Even those that make it look easy, have faced invisible barriers that aren’t present with their male counterparts. What I have learnt, however, is that having this knowledge – that I am a woman (and woman of colour) and that I am on the backfoot – simply doesn’t help me at all.
In the UK, the percentage of small businesses dominate the economy. Of all UK firms, 99% are considered small businesses and 60% of the workforce is employed by small business firms. Amazon has over 17,000 small business partners in London alone and these small businesses recorded over £970m sales just last year.
Before March 2020, catching ‘fresher’s flu’ was a right of passage for university students. Fast forward 18 months and students around the world stayed indoors to keep illness at bay. However, the pandemic has taught the education sector an important lesson – the value of selecting the right communication tools.
Your team will be at the core of your business and growing one that works for you and your business is probably one of the most important factors in building a successful business.
