Scaling up effectively means growth in your business and moving to the next level. A business can scale up from being just a single shareholder and director to a business with investment as well as multiple shareholders and directors. This evolution can bring plenty of challenges and it is therefore important to deal with core issues at an early stage, so your business is in a good shape to expand.

The number of people starting their own business has grown in recent years. In 2023, over 100,000 more people were self-employed compared to the previous year, bringing the total number of solo entrepreneurs to 4.2 million.  

Accurate financial record-keeping is not just a good practice; it's a necessity for the survival and success of any business, regardless of its size and industry. Accounting statements reflect a company’s financial health, guiding critical decision-making processes and enabling informed strategic planning.

The field of AI has been around for decades, but its current surge is rewriting the rules at an accelerated rate. Fuelled by increased computational power and data availability, this AI boom brings with it opportunities and challenges.

Bill Gates said, “to win big, you sometimes have to take big risks.” He was right. Startups need to embrace risk, but they must ensure their legal team aligns with their risk appetite, says Dan Adams, Founder of legal advice for startups specialist, Arbor Law.

Over the years, major cities like New York and London have been centres for innovation and development, due to their dense networks of talent, resources and infrastructure. They have largely monopolised access to capital, drawing people from smaller cities and communities to live and work in diverse industries, and cultural centres, helping to foster creativity and collaboration and creating ecosystems where ideas can rapidly develop and scale.

The adoption of AI has fundamentally reshaped how businesses function, and is revolutionising the way organisations operate and innovate.

Managing a business requires you to make tough decisions to determine priorities. This is especially true if you’re a startup trying to grow with limited resources. For instance, which programmes should you sustain? Which business operations should you scale down, and what activities should you stop altogether?

It’s almost impossible to completely shut yourself off from the potential of AI. Even if you’re not directly thinking about how you can integrate it into your startup, it’s inevitable that your investors are going to be raising questions about how it might become part of your business in the future.

It’s not news that today’s world of work is evolving rapidly, being shaped by disruptive forces like artificial intelligence. The ability to think like an entrepreneur is critical to success in such an environment – and it can’t be altered or diminished by AI, which will replace 85 million jobs by next year.

The landscape of digital banking has seen a significant transformation, with innovative players like Starling and Monzo at the forefront. This article provides a detailed comparison of these two financial powerhouses, examining their services, fees, user experience, and security measures.

There are a variety of important decisions to be made for emerging tech companies as they look to grow their business and increase their reach.

In spite of the UK economy averaging a miserly 0.6% economic growth from 2009-19, a number of individual sectors are booming. 

In the fast-paced world of ecommerce, brands are often struggling to continuously adapt and remain competitive. As global inflation pressures consumer spending and the cost-of-living crisis remains ever-present for so many, UK retailers are facing an 18-month low in non-essential spending, with many Brits prioritising savings over impulse buys.

In today’s digital workplace, we rely heavily on a wealth of collaboration solutions; in fact, these tools have become ingrained and part of our daily workflows. Despite hybrid working patterns and the return, for some, to a more traditional work environment, the continued reliance on collaboration apps remains strong.

There is no denying the world of HR compliance is a complex one. With so many hats to wear as organisations become more global, it can be challenging to keep up - and with regulations and legislation constantly changing, maintaining compliance will only continue to become more complicated as time goes on.

The final article in this series showing how technology startups can shape the future discusses the prospects for digital health technology, including sensors, apps, and AI, to improve access to services, care standards, and patient outcomes for all.

Employers hit by recent hikes in salary thresholds for sponsoring skilled workers will be poring over election manifestos for clues as to how they would affect filling skills gaps from abroad.

Rytis Ulys holds over eight years of experience in various analytical and consulting roles in both startup businesses and enterprise-grade organisations. Currently, he is leading a team of seven data professionals at Oxylabs, a web intelligence acquisition platform. Rytis managed to build one of the company’s core teams from scratch in just two years.

What is the equivalent of the golf course for women when it comes to learning about investing opportunities, and where can women meet investors and vice versa?