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Laundryheap is a leading on-demand, laundry service operating across the UK, Ireland, the Netherlands and UAE. Since launching, they've cleaned over 4.5 million items of clothing and seen a growth in active users by 450% per year, in a fiercely competitive on-demand space. But CEO Deyan Dimitrov bootstrapped Laundryheap into profitability before taking any VC funding. Writing on Startacus, he sugg...
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If you’ve just started a new business, the concept of funding will be both necessary and daunting. News stories talk about companies raising money in different funding rounds – but what do those headlines actually mean?   Harper James Solicitors work with start-ups throughout their evolution, seeing first-hand how the different stages of funding lead to growth. Here the firm...
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Self-funding or ‘bootstrapping’ your tech startup is one sure-fire way of avoiding many of the pitfalls of receiving large amounts of seed capital. Here's why...By Matt Hayes, CEO and co-founder of Kickdynamic, marketing specialists trusted by over 200 of the world’s leading retail, fashion and travel brands to deliver compelling, individualised customer experiences through highl...
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What are the main types of financing and investing options that are available to an early-stage Northern Ireland startup? In 17 minutes, we chatted to Paul O'Brien from the Investment team at commercial law firm Tughans, about the NI funding and financing options that are available to a NI startup, from bootstrapping, friends and family, proof of concept funds, angel investors, VC funds, crow...
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Most budding entrepreneurs have big dreams, but big dreams can often require big finances to support them. However, highly technical startups aside, many solopreneurs and self-employed folk start and grow small businesses with limited finance (sometimes known as bootstrapping your business) and by making sure that only essential pre-launch business costs, such as business website, website hosting ...
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One of the most common misconceptions about the concept of bootstrapping a startup involves the idea that you're supposed to spend as little money as humanly possible during these precarious early days of your organization. While it's true that "saving money" is a number one priority, the fact that this equates to "spend next to nothing" is a myth. Instead, it's about maximizing the value of w...
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One of the most intimidating things any startup will have to deal with is the abhorrent amount of non-sense jargon that is thrown about by the community of investors, clients and support websites. Without that business background, how are you supposed to know the difference between an angel investor and an invisible partner?Here at Startacus, we say enough is enough, and we're on a mission to hel...
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Last week Lauren addressed the all important issue of attracting your niche audience, google and good PR! This week Lauren returns with her 8th post for Startacus, on the popular subject of bootstrapping your startup..."Start-up blog week 8" "I’ve mentioned in a previous post about my plan to start this business on a limited budget, or bootstrapping as it’s commonly known. Although ...
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Guest Writer Dominic Tarn, suggest starting a business with no money is an option, if you let the words do the talking... I have no money. Well, almost no money. A fact I am rapidly in the process of changing. That's fine, given I was a student for longer than expected (long story, which involved Canada and a girl - doesn't every long story involve romance of some kind?), but whilst still a stude...
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