If you’ve decided it’s finally time to open your own business over the coming months, you’re probably chomping at the bit and can’t wait for the ‘Now Open’ sign to light up. However, while launching your first venture is exciting and motivating, you also need to remember it can be risky.
There is plenty of competition to go up against, and you need to invest much of your own money, time and energy. The more strategic and smart you are in how you set up your business, the more likely it is to achieve the results you’re after.…
For a startup, organizational structure must not be an afterthought, but a result of careful planning. Pay no heed to mythical origin stories that claim startups simply come into existence with a group of friends meeting at a basement or garage. Well, it takes much more than brainstorming and big dreams to launch a successful company. In fact, many of the pitfalls on the road to success are related to poor organizational planning and execution.
Cover all the bases
First of all, startup founders have to strategize on the structure of the company and lay the groundwork for daily operations.…
There are many ways to measure the success of a startup. Profitability, value, how many people use the service or buy the product. One club that includes the cream of the crop is the “Unicorn Club,” those startups that are valued at over a billion dollars.
But what about the speed in which startups get unicorn status? While it doesn’t mean they will remain successful for life, it does prove that at one point they caught the proverbial lightning in a bottle.…
Streamlining an e-commerce start-up is incredibly important to ensure the venture operates as effectively and efficiently as possible.
Here are five useful tips for all you e-commerce start-ups out there:
Apprenticeship Schemes
The UK Government has sought to improve employment opportunities for young people and inexperienced individuals seeking career progression. This has seen an increased emphasis on providing apprenticeship opportunities, offering employers significant benefits when employing the services of an apprentice.
A full time apprentice could be available for less than £100 a week and the employer could even be entitled to a £1,500 grant when taking on an apprentice – potentially paying their wages for the first four months of their employment.…
It’s an exciting time for start-ups. With technology moving at such a rapid speed, there’s always something new on the horizon. And there’s no better feeling than knowing that you were onto something before it was cool. So, if you want to be ahead of the curb, here are six startups who you should start paying close attention to, because what they’re doing is bound to be the next big thing.
Tastes Like Chicken
With sustainability on every innovator’s mind right now, this start-up is trying to see how we can consume less of the world’s resources in what we eat.…
Many startups in the past three years have said that they would not have been successful if it weren’t for cloud computing, which enabled them to create an IT infrastructure to support their operations without taking a bite out of their precious capital.
Unlike in the boom years around 2000, startups are conserving capital rather than spending on lavish launch parties, prestigious office space and Aeron chairs. Instead, the new breed of startup focuses on the basics that will make the business successful in the long run.…
When you are looking for business ideas and scouring the market for small business opportunities things can seem quite confusing. You have oodles of advice and basically very little direction about how to develop and build on those ideas. If you are looking for some tips on how to kickstart your startup then here’s where you’ll find them…
There are literally thousands of ideas you can turn into a profitable small business. Now, the question you need to answer is this: Can YOU really turn one of the ideas into reality?…
