Starting a business alone is quite a challenge, so founders prefer to do it in partnership. But there is a downside: you and a partner can end up with conflicts, and this will ruin the whole business. This means that you need to understand all the pros and cons of this decision and know how to avoid risks in advance.
Startups are a crucial component of the UK economy, playing a significant role in furthering innovation and driving growth. The UK's tech sector was recently valued at nearly $1 trillion, making it the third largest globally, behind only the US and China. However, 2023 has come with challenges and this has led to a sharp drop in investment, only raising $14 billion, compared to the $31 billion in 2022.
A hygienically clean environment is what everyone wants, which is why cleaning services are an important and yet often underestimated service in our society. It ensures wellbeing, health, and safety in various areas such as hospitals, hotels, restaurants, offices, schools, etc. However, cleaning is also a complex and demanding service, especially after the COVID-19 pandemic and to prevent and defend against future pandemics.
In today's dynamic business landscape, Small and Medium-sized Enterprises (SMEs) are the unsung heroes driving economic growth and innovation. Yet, these agile entities often face notable challenges, from accessing finance to streamlining operations. Enter embedded banking, a revolutionary concept poised to empower SMEs like never before.
Canva, the world’s only all-in-one visual communication platform, is celebrating 10 years of innovation with the launch of Canva’s Magic Studio. Startups Magazine was lucky enough to get the inside scoop on this new development with an exclusive interview with Duncan Clark, the Europe Lead of Canva, to discuss all these brand-new features.
Preparation for retirement is a crucial component of your financial journey. It entails careful planning, strategic investing, and prudent asset allocation. Most people work for several decades, seeking enough savings to sustain their retirement for 25 years or more. Achieving genuine comfort requires a financial plan that accounts for various factors.
In a world where change is the only constant, the demand for agile and effective learning solutions has never been greater. This reality is why EdTech embraces microlearning to satiate the appetite for knowledge through engaging learning experiences. The question is, how? What makes microlearning so effective?
Cyberattacks pose a serious risk to all businesses, particularly startups. We often hear of larger organisations falling victim to cyberattacks, but startups are desirable targets for threat actors too. Unfortunately, they are often unaware of the looming risk posed on them by the ever-growing threat landscape.
Thought leadership concerning startups often discusses the need for both effective leadership and management. However, it can be difficult to understand the differences between leadership and management and how to correctly balance the two of these facets. Startups often face many unique challenges and adaptable leadership and highly-skilled management skills are essential for facing these challenges.
Startups Magazine had the pleasure of conducting a Q&A with John Downie, CEO of SteadyPay. SteadyPay is a UK-based progressive lending platform for people with unstable incomes. The AI-based solution analyses open user data to predict their creditworthiness. According to these forecasts, Steadypay tops up the bank account of a trusted and reliable platform user if their earnings fall below the average monthly income.
There is a unique energy within the journey of every startup. The Founder and early team members nurture a mood of mutual determination. Failure is not an option. Disruption is the mindset. All Founders hold these characteristics to be true, it’s a natural state and one of the reasons that they chose to become entrepreneurs.
September only means one thing in the mobile device world, Apple’s annual launch event. This year, among other releases, the event brought all the details of the iPhone 15 - Apple’s latest handset upgrade. Here, Kristian Torode, Director and Co-Founder of business communication technology provider, Crystaline, summarises the latest Apple upgrade and how it could elevate your business comms.
Transitioning from one career to another can feel like a monumental task, especially when you've invested years into your current path. However, sometimes taking that leap of faith can lead to new opportunities and personal growth. Here’s how nine individuals feel about their own career changes into financial advice 10 years on.
Innovation stands as the cornerstone of progress in the landscape of business. It is the spark igniting change, the key to staying competitive, and the driving force behind breakthroughs that shape our world. Yet, innovation is never a magic trick or a stroke of luck. Instead, it is a multifaceted endeavour, often akin to solving a complex puzzle.
Managing your finances better is a great habit to get into and can have important long-term implications. The ability to save can help you in emergency situations, help you afford a big expense in the future, and can even help you secure a loan or mortgage. Here are 5 key ways to start saving money better.
Congratulations. If you're reading this, you've embarked on an exhilarating journey in the dynamic world of startups. Just like that passion-fuelled late-night brainstorming session that led to your venture, the path to perfecting your e-commerce logistics can be filled with ‘Eureka!’ moments and challenges that test your mettle.
In the UK, every small business owner should be familiar with the concept of a Person with Significant Control (PSC) as it holds great importance in company law. As a responsible entrepreneur, understanding PSC is crucial to complying with legal requirements and maintaining transparency within your business structure.
Recent data from The Global State of Digital indicates that a total of 4.88 billion unique user identities engaged with social media platforms over the past 30 days. This accounts for a whopping 60.6% of the world’s entire population, underscoring a significant milestone in the global adoption of social media.
Look the word ‘impact’ up in a dictionary and you’ll find two definitions – the first about one object coming into forcible contact with another. The second about the creation of a ‘marked or visible effect’. While that might sound fairly general, in the investment world ‘impact’ has come to mean something more specific.
From supply chain disruption to rising levels of inflation, today’s businesses are having to navigate an increasingly challenging economic environment. On top of this, consumer expectations are also changing, meaning corporates must find ways of driving growth and staying competitive on smaller budgets.
In early 2023, UK startup Britishvolt, filed for administration after struggling to raise funds for a major electric vehicle (EV) battery factory in northern England. The episode is classed as another damning blow to the UK’s hopes of building a home-grown battery industry, with the country falling further behind in the global race to build batteries. Here, Roger Brereton, Head of Sales at steering parts manufacturer Pailton Engineering, explores the reasons why startups often struggle to bring vehicles to market.
As a startup, you might already know the value of knowledge and learning new things. Yet, if I were to ask you what is Web3, only the shrewdest might be able to answer. A study released in early 2023 showed only 18% of male and 7% of female respondents have heard the term. But, if we were to ask the same question about NFTs, that number jumps substantially. Yet things like NFTs, that have already generated millions of dollars, work closely with and promise to be a big part of this ‘next iteration of the Internet’.
Are you a marketer feeling apprehensive about the rise of artificial intelligence? I was in the same boat just six months ago. As my LinkedIn feed became inundated with AI-related articles and updates, I couldn't help but worry about its implications for my role. Would AI render me obsolete? Would it create a massive skills gap if I failed to embrace it, much like the digital and social revolution of the noughties?
Navigating the current fluctuations in the UK energy market poses challenges for small and startup businesses seeking to invest in green projects. As we make strides towards meeting the UK’s 2050 net zero targets, it is now more critical than ever to enable businesses to achieve their net-zero goals.
Seizing untapped potential: The opportunity for startups in serving markets the big boys don’t care about
In the fast-paced world of finance, established companies often prioritise large, lucrative markets, driven by the pursuit of scale and profitability (think Revolut and its pursuit of its UK banking licence). However, amidst this focus on the mainstream, there are overlooked opportunities in smaller, niche markets that may seem too small and undeserving to bigger financial players.
Heather Delaney, Founder, and Managing Director of award-winning communications consultancy Gallium Ventures is an expert in growing brands and launching products or services, creatively. Heather specialises in building and fixing global organisations and startups alike — from their communications strategy to product development and everything in between.
As the world becomes more interconnected, entrepreneurs and inventors face unique challenges in bringing their products to market. From ideation to manufacturing to marketing and beyond, the process can be daunting and complex. Anglia Unicorn has been set up to assist you in overcoming these challenges by offering end-to-end technical support to help turn your vision into a reality. Whether you need support for the whole journey to market, or just with specific challenges, we are here for you.
Every entrepreneurs’ success story is unique and the lessons that they’ve learnt along the way have shaped their trajectory. To celebrate World Entrepreneurs’ Day, we’ve collated advice and anecdotes from global technology leaders on what they’ve learnt in their journey to success. Below, you’ll hear from six leaders from Slack, Glovo, Shopify and more.
Climate tech founders have a vision for a much-needed solution that can move the needle on climate change. But turning that vision into a reality takes more than just passion. It takes funding and great execution, particularly in sales. There will be no measurable impact without hardcore sales performance.
Next month (5th September), a significant milestone will be reached in the UK's Big Switch Off journey. BT Openreach will be implementing the national stop sell of analogue phone systems. This move is set to reshape the traditional method of communication forever, but what does this mean for businesses across the country?
Flexible workspaces have soared in popularity in recent years, with their many benefits, such as the increased possibility of collaboration, streamlined scalability and the option to support hybrid working positioning them as a truly valuable resource for businesses of all scales. These flexible workspaces hold the potential to reignite urban regeneration, creating a mass wealth of benefits for both businesses and the local economy alike.
Blockchain is set to revolutionise our world, even more than the internet itself, according to financial experts. While the cryptocurrency market evolves and new investment platforms continue to emerge, lucrative crypto investments continue to only be accessible to large investors with access to wealth managers and behind-the-scenes know-how. With the launch of Veli.io app across Europe, this is going to change.