The inception of any business is both thrilling and terrifying. In order to rapidly grow your company, it’s important to consider taking calculated risks, but you need to have confidence that these will pay off. Getting your business to the stage of being able to expand its workforce is a major milestone for any startup […]
If you’re a start-up working out of your garage or from your kitchen table, moving into an office can feel like a daunting decision to make. It’s costly and the benefits aren’t always tangible. After all, no one wants to make the mistake of moving into a space that doesn’t fit their business needs.
When it comes to starting a business, women under 35 appear to have the magic touch, as they are more likely to succeed than their male counterparts, according to new research.
Prospective investors usually require business plans as a first step to assess an investment opportunity. In this way, a business plan serves as a means of communicating a new business venture’s potential to an investor in a logical, accessible, and consistent manner.
2016 saw 25% of adults in the UK wanting to start a business, rising to 70% amongst those between the ages of 25-34. When hearing stories that detail the successes of a start-up business, it is easy to get caught up in the idealistic narrative of the all-important ‘million-pound idea.’ However, the actual business idea […]
A lot of start-ups take on a business mentor or coach, whose role is to provide advice to the business as a whole. But as a start-up CEO, there is also huge value in working with an individual mentor, who can help you be a more effective leader, or to ‘build a better CEO’, if […]
With a record 80 companies being formed per hour, thousands across the UK are waking up to the opportunity of giving up the day job and starting their own business. Leading business advisor and author of The Startup Coach, Carl Reader, offers the following tips for those looking to make the leap into self employment:
Expanding into a new market is an exciting time for start-ups but you should not rush into the decision to launch in another market without careful consideration, and planning if it is to be a success.
Most start-ups I know have embraced and embedded a data-driven culture. The effectiveness of new product features and marketing channels are rigorously tested and quantified before being rolled out. Then once adopted they are subjected to ongoing data driven optimisations.
We have all read the articles, heard the news and discussed the hottest “start-up”. This term “start-up” though gets used now for so many different types and sizes of company. When we see companies with billion dollar valuations alongside companies which solely work out of coffee shops with zero revenue and zero funding, both being […]
In the Dragons’ Den, analysis of the businesses finance is often where most entrepreneurs fail not least because of the numbers that they must remember and of course future projections. But what if they came to the den not only having in depth understanding of the business financials but also of what tax incentives are […]
Time and again on Dragons’ Den the entrepreneurs fall down on the valuation of their business. They stand before the Dragons and ask for too much money for too little equity, and the Dragons always notice.