The Coronavirus pandemic will change online behaviours significantly and possibly permanently both for consumers and businesses. People have been forced to access information in new ways, interact and purchase new and different products and services online, and the longer this continues, the more likely these are to become habits.
In February, digital bank Revolut became the UK’s most valuable fintech startup after a funding round saw its value triple to £4.2bn. It has since announced that it’s set to launch in the US very soon, where no doubt it will continue its swift growth trajectory.
Planet saving startups and entrepreneurs now have just one week to apply to this year’s Postcode Lotteries Green Challenge, one of the world’s largest competitions in sustainable entrepreneurship. Postcode Lotteries Green Challenge rewards British, Dutch, German, Norwegian and Swedish startups that successfully combine sustainability, entrepreneurship and creativity to help tackle some of the world’s most pressing environmental challenges. This year’s competition closes at midday (GMT) on 1st April.
Running your own business is not an easy thing. We know this. Everyone knows this. I am not saying anything revolutionary when I make this statement. But why is it hard? Well, to maintain financial and psychological wellbeing is tough for business owners but they’re not exclusive in feeling these worries, many employees also find maintaining financial and psychological wellbeing to be tough.
In any business, at any time, cash is king and cashflow is much more important than turnover, and in the short term it can often even be more important than profit. If turnover is vanity and profit is sanity, then cash flow should be regarded as stark reality.
Your brand identity is how customers perceive you. A simple way to look at it, is to view your brand as a person. Someone unique, with their own beliefs, values, look and feel. Your brand identity is what sets you apart from others. So, it’s important to have this down pat. Here, Carie Barkhuizen, founder of Seymour PR, shares her top tips for building brand identity quick-smart.
In today’s technology-driven world it’s easy to forget that some sectors have remained relatively untouched by its advance, and the global gold jewellery industry is a case in point. On the face of it, it’s perhaps difficult to see exactly where technology could make an impact in this extremely traditional industry, which hasn’t changed much since the ancient Egyptians began to adorn themselves with gold nearly 3,000 years ago.
Zara Nanu, CEO and Co-founder of Gapsquare, caught up with Startups Magazine to explain how she’s closing the gender pay gap with her cloud-based software.
The Tech to Connect Challenge was launched in the summer of 2019, in order to develop early-stage ideas for technology that enable more or better interactions between people. The challenge looked for the most innovative ideas, helping them turn these ideas into prototypes that have the potential for real change.
A science-backed checklist for startups who want their marketing to get noticed.
Startups shouldn’t try and be liked – Instead, they must strive to be noticed and remembered – that’s any new businesses biggest marketing challenge. Why is that?
As the coronavirus pandemic continues to disrupt and dominate our lives, feelings of anxiety are completely normal during times of uncertainty and in some cases isolation. Everyone will be impacted in a different way and it is important to remember that you are not alone. Already there are so many stories emerging of human kindness and compassion and people pulling together to help and support each other.
Across the globe, millions of employees are being advised to begin distant or home working, but managing and coordinating a remote workforce is unfamiliar territory for many business owners.
Whether you employ a handful of employees or your team has seen exponential growth over the past few years, knowing where you stand in the coming weeks and months in the wake of the COVID-19 pandemic isn’t crystal clear.
Every leader has a distinctive emotional signature, which they imprint on every person they meet. That emotional signature is one of the most powerful tools of motivation. How you make other people feel will determine how motivated they are, and that will determine how well your team performs.
The government backed Coronavirus Business Interruption Loan Scheme (CBILS) has been rolled out at unprecedented speed, and the size of the financial packages being made available to support businesses and employees are also unprecedented. But these are also, of course, unprecedented times.
Dhaka, Bangladesh; 2013 – around 1,200 people died and a further 2,500 people got seriously injured in a garment factory collapse. The ugly side of fast fashion reared its head.
The UK’s tech industry, the fastest growing sector in the UK, will maintain resilience despite the Covid-19 outbreak, according to new analysis from global recruiter Robert Walters.
Upscaling can be a daunting task for any business, many will find it difficult to step outside their comfort zone or be reminded daily the risks with investing in new opportunities. While this approach may work in our personal lives, it can be detrimental to new business opportunities as well as the entrepreneurial mindset when it comes to upscaling your business.
With the outbreak of COVID-19 there is increased concern around next steps for businesses, particularly regarding the impact this could be having on supply chains and contractual obligations that need to be met. As the situation evolves and disruptions are becoming commonplace, there is every chance that you may need to find alternative means of carrying out your contractual obligations.
The coronavirus pandemic has turned off the lights in millions of offices, factories and shops across the UK. But for many businesses who have switched to home-working the cost of their now empty property will still need to be met. And that dilemma is now causing growing concern among businesses – many of whom have seen revenue totally stop in the wake of the Covid-19 crisis. Today one of Britain’s leading law firms has advised companies with concerns over meeting the cost of commercial leases to hold ‘sensible’ discussions with landlords as quickly as possible. Harper James Solicitors also advise firms yet to get a plan in place to do so – before it is too late.
