3 new business startup considerations
by Startacus Admin
Broadband - stay connected or miss out
.jpeg "pexels 374016")
Broadband isn’t just something that’s nice to have. Broadband shouldn’t be seen as just an optional extra that you might get around to looking into one day when you get a minute. Broadband is a necessity, and finding the broadband deals to suit you and your startup should be a priority. Businesses need to be able to send and receive online communications, both in terms of allowing for efficient contact with clients/customers and in terms of staff productivity. Look into broadband options now to ensure you don’t miss out on greater contact with your clients or customers and to create as efficient an online workflow as possible. For example, visit cable.co.uk where you can compare deals from various broadband providers.
Workspace and business address - is a home address suitable?
Many startups spring from a spare room or backroom, or a garage in the case of the founders of Apple, but that means your business address is going to be your home address. The question over whether this is suitable can only be answered by you. Think about who you are trying to attract to your business. If the answer is a high-roller clientele that expects a first rate service, you may wish to look into the costs of renting office space for the sake of meeting the expectations of your desired audience. However, keeping costs down at the outset is likely to be desirable, so shop around for a deal on rented business space, and make use of a back room or spare room or garage for as long as possible.
Data storage considerations
Businesses create data. Lots and lots of data. From user details to staff details to records of payments, invoices, and even office supplies, your business may have more spreadsheets and documents to store and maintain than you could imagine. This means that you may wish to consider the safe storage of all of this data. For example, you could invest in removable storage and perform your own data backups at the end of each day. However, where the cost of the loss of a full day of data is more expensive than is deemed acceptable, you may wish to invest in online storage.
Online storage and data backup service providers may also offer other services that could be of use to you, depending on the nature of your business. For example, where access to software is an option, this means that you won’t have to provide your own company software and you most likely won’t have to renew any certifications as the service provider will take care of everything, including monitoring and rolling out software updates. These things are worth considering if you want more time to focus on your core duties.
Subscribe to our newsletter
If you would like to receive our startup themed newsletter, full of the latest startup opportunities, events, news, stories, tips and advice, then sign up here.
Participants in Catalyst’s Co-Founders programme offered opportunity to avail of a £10,000 proof of concept grant from Techstart to help validate their business idea.
Atoa announces pre-seed funding for its solution to empower and improve cash flow for independent, small and mid-sized UK retail merchants.
 Tong Gu, Reem Mobassaleh Wyndham and Monik Pham.jpg)
Pact launches its first £30M fund to back early-stage European tech startups using technology for economic inclusion, well-being and climate solutions.
Paris-based startup Immortal Game uses blockchain technology to add a new dimension to the most played board game in the world.
Co-Founders seeking people with innovative ideas and desire to create startups that could change the world for its 2023 programme.
Marketers - want to turn shoppers into customers this Black Friday? Marietta Chatzidiakou, Senior Content Consultant at Digital Ethos shares some tips on how to do just that.
Data from more than 500 companies reveals the core health of SaaS startups and assesses how European companies have performed relative to American counterparts.
The lowdown on Symphony, the startup that'll give you a front row seat to enjoy the finest live performances by some of the most famous orchestras in the world...
.png)
SeedLegals, the leading legal automation platform for startup funding steps into backing blockchain marketplace in carbon-neutral deal.
The lowdown on Boxlist, the AI-powered social network aiming to be your new go-to place for discovering TV and film recommendations across all streaming services.
Published on: 4th September 2020
If you would like to enable commenting via your Startacus account, please enable Disqus functionality in your Account Settings.
- Catalyst and Techstart offering startup co-founders the chance to win £10k proof of concept grants 30th Nov 2022 Participants in Catalyst’s Co-Founders programme offered opportunity to avail of a £10,000 proof of concept grant from Techstart to help validate their business idea.
- UK fintech Atoa secures $2.2M pre-seed round as it kills Visa and Mastercard fees for businesses 24th Nov 2022 Atoa announces pre-seed funding for its solution to empower and improve cash flow for independent, small and mid-sized UK retail merchants.
- Female-led Pact Launches £30m Seed Fund 24th Nov 2022 Pact launches its first £30M fund to back early-stage European tech startups using technology for economic inclusion, well-being and climate solutions.
- Catalyst's Co-Founders programme opens for applications 23rd Nov 2022 Co-Founders seeking people with innovative ideas and desire to create startups that could change the world for its 2023 programme.
