Since the year began, entrepreneurs have observed a serious global economic downturn as a result of the COVID-19 pandemic. Small businesses have been impacted greatly by this crisis because they have limited resources to adapt to the changing context. If you own such a business, you must have experienced sales go down as well as an increased difficulty in accessing business inputs. While it might look like the end of your business, you should not despair.

At the start of the pandemic, thousands of employees were forced to work from home overnight, resulting in businesses scrambling to adapt. In the coming days and weeks, digital adoption accelerated like never before.

We all have an unconventional interest or two. From those who hand-make chess boards, to avid Tetris players, to people who have read every Austen novel twelve times, it's our hobbies that give life meaning and colour.

Job interviews are tough. Video interviews can be a disaster. Poor internet connection, the threat of a pet or child appearing in the background, and nowhere to hide from your own face as you try to concentrate on presenting the best version of yourself.

This last 12 months has shown what businesses can achieve through the power of collaboration, some naming 2020 the year for brand partnership dominance. Businesses have had to co-operate in unique and creative ways to navigate a COVID-19 stricken world.

International travel has ground to a halt for the vast majority of us. While travel restrictions forced many of us to put our holiday plans on hold, the impact goes far beyond holidaymakers - many businesses have been forced to limit any corporate travel since the start of the pandemic.

Here are 7 key facts you need to know about starting a franchise business.

As everyone is gradually settling into the newer methods of working at the time of lockdowns such as collaboration and remote working, it is a good time to consider the professional skills you possess for increasing your worth as an employee. You must find out what skills have to be updated for meeting the changing demands. Most of the conventional professional development activities such as conventions, workshops, and conferences have been either postponed or cancelled.

Even the biggest companies started with just an idea. While their founders all dreamed for their business to grow, we’re guessing most of them didn’t really imagine that their small spark will stand strong and eventually reach a global scale. But we didn’t come here to talk about their ideas, we’re here to talk about yours and how to turn it into a reality.

You can’t be what you can’t see. This is a phrase that crops up time and time again. We often see organisations pledge to take action to boost the number of opportunities for LGBT+ professionals to take up leadership positions; however there is still a lack of visible LGBT+ role models across business.

It’s a complicated time to be a business owner, whether it’s a multinational company or a small enterprise. But while larger companies are having to make systematic changes to accommodate lockdowns, social distancing, and the other realities of COVID-19, many small businesses have been left adrift without clear guidance on how to proceed.

The journey to becoming a technical founder is not as clear-cut as other career paths. Some careers have clear cut journeys. Doctors and nurses can expect university degrees, post-university education, residencies, clinics and more. Lawyers need to pass exams after post-university education.

With the country now in its third and hopefully final lockdown there are many businesses unable to operate from their usual premises under current government guidelines, many employees have reverted to working remotely from their homes.

What a difference a year makes. In the last 12 months, your company has no doubt changed beyond recognition. Long time employees are likely missing each other and may not have even met the newbies hired via Zoom or Teams in the midst of the pandemic.

The pandemic has created challenges that many businesses have never seen before. Beyond the initial financial strain many endured, the ongoing restrictions have had a lasting impact on the way the UK workforce approaches the working week.

Office relocations are necessary in many situations. You might be outgrowing the current office, or you may need to downsize your office after laying off staff so that you can afford to remain in business. Moving from one location to another may be necessary to better serve your customers or your top clients.

As the pandemic continues to change how we work, and people working from home find themselves working longer hours and feeling under more pressure, the issues of work time versus down time and overall work-life balance have become even hotter topics than they ordinarily are.

For small business owners, 2020 was all about adaptability. You adapted the way you do business, the way your team operates, the way you offer support to clients and employees. A lot was asked of you, but the old answers no longer applied. We learned a lot in 2020, but what’s next? And how can we get ready for the twists and turns that lie ahead? Great HR and remote working practices will be key to being a successful employer in 2021 and beyond.

Evidence has shown that consumers trust their energy supplier about as much as they do city bankers or politicians – a damning indictment for the industry. However, in this issue’s Founder Focus feature, we speak to Simon Oscroft, Founder of energy supplier So Energy, who has dared to challenge the status-quo and whose company uses the latest technology to operate as efficiently as possible, keep costs to a minimum and pass those savings onto customers.

As someone who has sustained their fair share of sporting injuries over the years, I certainly could have done with the Running Pod Pro (RPP) wearable device from PhysiGo, which has the ability to analyse my run and provide actionable insights to improve running form, and crucially, prevent injury. We caught up with CEO and Co-founder, Luke Stephen-Perrett to find out more.