The past year has been make-or-break, not just for individual businesses but entire sectors. Digitisation and market disruption are hardly new trends, but amidst a global pandemic, they have transformed the way we work, shop and live. Many of the businesses that stepped into the gap of legacy businesses have been scale-ups: fast-growth businesses on an upwards trajectory. Think of the likes of Deliveroo, Monzo and Cazoo. The question remains: will these businesses continue to grow once the pandemic has passed?
Business statistics show that 1.3 million business trips are taken in the United States every day. Amidst globalisation, more persons are embarking on business trips and this is because businesses extend beyond the border of their country. Before going on such a trip, adequate preparations must be made for it, as this will guarantee the success of the trip.
The biggest marketing trend that we’ve seen throughout 2020 is the drive to build a strong personal brand. Customers are becoming savvy to the ethics and ethos of the businesses that they are buying from. They are being more discerning in their choices driven by the desire to do good and to avoid untrustworthy brands during an unpredictable time.
2020 has certainly been a challenging year for millions of businesses both UK and worldwide. From developing mass remote working policies at speed to ‘pivoting’ product and/or service offerings to appeal to a COVID-19 dominated target audience, it’s no secret that business leaders have had to remain flexible and agile in order to survive this turbulent time. Oliver Rowe, Co-Founder of events management solution, VenuIQ explains.
In the wake of recent retail closures across the UK, fashion technology startups are delivering much-needed innovation to help merchants maximise online sales and optimise unprecedented digital demand this Christmas. Retail data platform uSizy, is among the emerging startups poised to help UK retailers leverage technology to cope with record sales expected to reach £28bn, by first tackling archaic sizing guides.
It has been a tough year for everyone and with household bills typically rising as we head into the winter months, financial pressures are set to be exacerbated further. With the cold weather here to stay, on going COVID-19 restrictions and home working, Brits could see their energy costs rise by up to £300 meaning there is no better time to look at ways you can save money this winter.
StartUp Studio, a growth programme for early stage tech startups in the South West of England, has been launched. Tech South West has teamed up with virtual accelerator, Activate and startup advisor, Skowt Consulting to provide fully-funded opportunities for up to 30 pre-seed companies a year to progress their business through the programme, and then pitch to regional, UK and global investors.
The current business scene is extremely dynamic and competitive. To survive and thrive in such an environment, you must continuously develop new products to address customers’ ever-changing needs. And to do that you must understand how to bring a product idea to life. This guide will highlight the steps for developing a new product from concept generation to the introduction of the end product into the market.
The R&D tax relief schemes and R&D expenditure credit (RDEC) have driven greater innovation in the UK, according to analysis by HMRC. A review of these schemes, as well as the Patent Box, highlighted that there were both positive direct and indirect impacts on business for those that utilised the schemes whilst also spurring on innovation.
Founded in 2011, by two Finnish entrepreneurs who were looking for a way to manage their finances, Holvi is digital banking service for freelancers and entrepreneurs. Combining money management tools with an easy-to-use business account, Holvi offers an innovative banking experience that helps you run your business.









