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Speed is everything when it comes to trendspotting. Businesses who spend most of their precious time reacting to trends are often too late to the party. For businesses, where getting maximum return on their investment is the name of the game, detecting the next big thing in its infancy is crucial. Mario Coletti, MD of AI-powered foresighting platform Nextatlas, highlights why t...
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We found out more about what a joint venture is, why enter into a joint venture, finding the right joint venture partner, the structure of a joint venture and how to set up a joint venture. Tughans is one of the largest commercial law firms in Northern Ireland, providing a full-service legal solution for a range of private and public sector organisations. The firm has successfully served the bus...
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Time is a precious resource for every startup business. Here are 4 time management tips for startup owners to help juggle a huge number of tasks.  Time is a precious resource for every respectable business - and even more so for startups, who are pressed to find a scalable model for their businesses as fast as possible. In essence, startup owners have to carry a lot of responsibility for ma...
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Katie Philipson, Senior Associate at Stevens & Bolton, LLP runs through the key details of a Founders agreement, why you might need one and what should be included in the agreement itself.  What is a Founders’ Agreement? The terms Founders’ Agreement and Shareholders’ Agreement are often used interchangeably. Essentially, a Founders’ Agreement looks to estab...
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The no-bullshit-business coach and founder of consultancy firm RenOC, Karen Kwong, shares her top tips for getting your business back on track in 2019. "Whether you’re a new startup or established company, these tips will help you make the most of the new year. 1) Learn from this year's achievements and mistakes Reflect back on the year with honesty. Focus on objectives met and exceeded, ...
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As your business grows, your supply chain needs to keep up with increased demand. In this article, Jess Penny from Penny Hydraulics takes a closer look at the best ways to improve the logistics in your warehouse. If you really want to capitalise on your business's growth, your warehouse needs to be able to keep pace. Having a clear plan for improving your logistics will allow you to ensure your s...
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Time management is a vital skill for all professionals to have, whether you’re in an entry-level position or a board director. It’s easy for us to be distracted from our daily to-do list and procrastinate. Below are 8 top time management mistakes, care of the team at STL Microsoft Training and how to best avoid them: 1. Not knowing what needs to be doneIf you don’t ac...
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Without scalability, your tech startup is doomed to remain a small operation - perhaps even simply doomed. If you go into it knowing that it isn’t scalable and that you don’t need it to be, that’s totally one thing; however, if you go into a tech startup not thinking about scalability full stop...doom! That said, it’s unlikely that you’ll willingly have little to no ...
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When it comes to business, thinking everything through thoroughly and putting well-formed plans into place will help to minimise risk and increase company successes. All too often, organisations rush decision making and end up losing money in the process, so here’s how to ensure you don’t make the same mistakes. 1.     Align your objectives With plugins such as Up...
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Sitting down to set out goals and targets for your startup can feel like hard work that gets in the way of actual work. Setting targets for the road to your ultimate goal, however, is one important way to ensure you actually make it to that goal. Clear targets let your team know exactly what they are aiming for, and well-thought-out parameters for those targets will make it all the easier for you ...
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