Tips

According to recent statistics, the tech startup industry has the highest startup business failure rate, at 63%. How do we combat this? The most critical time of a startup is its early days of operation. With so much riding on the success of the company, it is important you have the right tools and a game plan on how to incorporate them into your business. For one, there are several general softw...
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The worldwide COVID-19 pandemic is something that’s affecting near enough everyone, and for business owners, being locked indoors and unable to work in the traditional sense can be concerning. There are a lot of factors that are outside of our control when it comes to the coronavirus, but what steps can we actively put in place to ensure that we’re able to keep on turning as the days a...
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The things to avoid when you're starting a business... Over time, a small start-up can turn into a global business but only if the right decisions are made. Many start-ups can fail in the first year due to poor decisions and a lack of funding. There are many common mistakes that are made by those behind these start-ups and these can act as a lesson to those who are thinking about getting starte...
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Most business owners had big goals for 2020 before coronavirus happened and turned things upside down. The world pandemic has had a huge impact on people’s lives and the economy. Many businesses have had to close down or minimise operations in efforts to slow down the spread. Hopefully, with such efforts, the curve will flatten, and it will be business as usual again in a few months. But unt...
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Coronavirus & furloughing employees. Nichola Hailes, from integrated payroll and HR management software Payfit looks to answer some of the most frequently asked questions about the job retention scheme and what UK SMEs need to know.  "Following Chancellor Rishi Sunak’s announcement of the Coronavirus Job Retention Scheme, many employers have begun furloughing their e...
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For entrepreneurs looking to enter the competitive food industry, there are lots of factors to consider. These range from health and safety through to the providence of your ingredients and beyond. The food industry is heavily regulated, and with good reason, meaning that you have to be careful that you’re not only creating products clients will enjoy, but also that meet the standards expec...
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Whether you’re looking to create a frugal start-up, or it’s already up and running but a slow in growth means some belt-tightening is required, cost-cutting is nothing to be ashamed of. It allows the business to continue as a going concern with the potential to generate greater profits at year-end if results turn out better than initially expected. Here are 4 tips to reduce costs whil...
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Have you just launched your startup? Are you wondering how to increase sales figures and improve productivity? The latter question is a silly one to ask: of course you want to boost those aspects of your new business. Yet even for established organisations, it’s tricky to enhance the likes of sales and efficiency – let alone for those just starting out. With that said, there is one sh...
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WebARX creates a COVID-19 cyber threats page to collect all the cyber attacks and online threats surrounding the COVID-19 pandemic As the COVID-19 virus has led many to work from home, scammers are taking advantage. WebARX, an Estonian web security company was inspired by the #hackthecrisis movement to do their part in fighting the COVID-19 pandemic. On late Friday evening on 20th of March, WebA...
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Require external capital to fund growth and worried about the potential impact coronavirus may have on your funding plans? Read these insights from Raising Partners, a professional services company for SMEs, who help businesses get investment. "It’s undeniable that these are uncertain times, not only for our health, but also for businesses. The outbreak of Coronavirus and its...
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Competition in the Food and Beverage industry is vehement, meaning for your brand to be gainful you'll need to be dedicated to promoting and marketing your business. Now with the world gripped by coronavirus, culinary business owner will need to think how they can come back stronger after the threat of covid-19 hopefully ends.While dining has definitely become a recreational activity, unlike most ...
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How uni can be of real benefit if you're planning to build a startup... Many successful startups are founded by people who have not followed the traditional educational route. Having a degree is not a requirement for becoming a successful entrepreneur. However, for some people, going through college and graduate school is still the best route.It provides them with a structured way to build the sk...
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