Starting a business can seem like a daunting prospect, given that if you Google 'startups and fail', there are lots of articles on the percentage of startups that fail before they get going, which could put you off even getting started. However, by being well prepared and informed before you start the process, you may be able to avoid some of the common pitfalls and become one of the 2/10 startups that succeed.

Computer vision has established itself as a worthy addition in a gamut of industries. Including automobile, education, healthcare, e-commerce, agriculture and more. It has managed to create a niche segment for itself, making it an absolute essential for industries to maintain their position staunchly in the market. Here ICarta Technologies delves into the world of computer vision, particularly in automation.

In business, it is always important to react to changing circumstances and this has never been more true than in 2020. Regular readers will know that I have written a lot this year about adapting and pivoting but this week I wanted to look at something that can be an aspect of that but also has an impact on most other aspects of business – speed.

Today, organisations of all types are having to change their perspective - of how to do business, of how to collaborate with remote employees, of how to best engage with customers, and more.

Since its launch in 2012, leading global e-learning platform, Preply has experienced huge global growth, especially across the last 12 months during the peak of the pandemic.

There aren’t many positive stories to emerge from the current global pandemic crisis but perhaps one was the beneficial impact that ‘lockdown’ had on areas of the environment.

There is a lot of wisdom that comes from having built up a successful sustainable business from the ground-up. Although I can now attribute them as 'learnings', many purpose-led start-ups perceive them to be modern-day taboos. The truth is, for your startup to not be a part of the 20% that don’t survive beyond their first year, or the 60% that go bust within their first three years, you need to be able to dispel the following five taboos for your startup to thrive.

Lockdown changed the rulebook for how we live and work, for all of us. As entrepreneurs, we have the in-built advantage that we’re wired to manage uncertainty and finding solutions is our happy place. Only this time, it was without the backdrop of our gloriously airy EC2 co-working space, surrounded by my talented team and fuelled by yummy flat whites from the local coffee shop. It was happening from my home-office, in isolation, in a London that was quickly becoming unfamiliar.

There is no denying that 2020 has been an extremely difficult year for the healthcare industry. COVID-19 continues to bring challenges to the delivery of all aspects of hospital and community care and the need for innovation has, arguably, never been greater. Fortunately, the healthtech ecosystem in the UK is as vibrant as ever and entrepreneurs across the space have responded by working tirelessly to solve the problems thrust upon clinicians and patients.

You never know where inspiration can hit. This was the experience of Jonathan Merry, founder, and CEO of MoneyTransfers.com. While traveling the world, he struggled to avoid accruing fees on his travels - so the idea for a better money transfer experience was born.

As the ongoing economic impacts of COVID-19 continue to be felt, there is an often-forgotten segment that has the potential to spearhead the UK’s re-growth in years to come. Pre starts, startups and SME’s hold the potential to move at pace and expand quickly to support a fledgling economy, provided they receive the right support at the right time and most importantly, at the right price.

At a startup, you are most likely to come across Intellectual Property (IP) due diligence in the form of investors conducting due diligence prior to investing or from potential partners or collaborators seeking to work with your company or license in your IP. It is important to know what to expect so you can present your company in its best light. You may also wish to conduct your own IP due diligence on other companies prior to working with them or licensing them your technology.

Voice Assistants are the trendsetters for voice tech. They have revolutionised the way we live our lives. In 2019, the global user base of voice assistants was 3.25 billion. What might amaze you is that the same is estimated at almost eight billion units, that is, even more than the global population! Here ICarta Technologies tells us more about the voice technology landscape.

Since the launch of London’s Silicon Roundtable in 2008, UK tech startups have enjoyed more than a decade of strong interest from Venture Capitalists (VCs). Spurred on by the success of fast-growth consumer tech companies like Uber or Deliveroo, VCs have sought out startups that could break into the public zeitgeist to become the world’s next big thing. This culminated in more than $13bn being pumped into British technology startups in 2019. Then, the pandemic struck.

Coronavirus has created many challenges for businesses and an area of discussion that has rapidly escalated in importance is around protection. Protection should always be an area of priority for a business, but the situation we find ourselves in has understandably brought this topic to the fore.

It’s been two years since the very first digital tax pilot from HMRC, commonly known as Making Tax Digital (MTD). Initially, HMRC required UK businesses above the VAT threshold to process their returns digitally. It has now been announced that businesses that are VAT registered and are below the VAT threshold must also be compliant with MTD, from April 2022. The self employed and landlords must be compliant by April 2023.

COVID-19 has made history by affecting each industry in the world. From the lockdown that caused the closure of businesses to people adapting to work from home, there is a need to identify strategies of how businesses will be run going forward. The pandemic has disrupted how people socialise as well as their shopping patterns. To adapt to this new normal, business owners have to make significant adjustments to reach out to their customers or less they risk failure.

Communication has always been key in running a business, and indeed in most other aspects of our lives. In 2020 many lessons have been learned or reinforced and it has reminded us all how very unpredictable life can be. But one of the most obvious changes that should be apparent to all, has been in the way that companies are communicating.

When launching a health app, it is always about convincing other people to change the habits of a lifetime. When we began pitching Joint Academy to physiotherapists - top-level professionals who had always treated patients hands-on and face-to-face - they initially saw no reason why they would ever do physio remotely.

It’s difficult to catch news that is not connected to COVID-19 or the US presidential campaign at the moment. In light of COVID-19’s impact on the employment market, at the end of September the Prime Minister vowed that 'radical changes' were being introduced to the UK’s adult education system.