Tag Archives: Startup

European Map of the Best Start-ups to Follow in 2018

Contributed article in our entrepreneurial series. Enjoy! – Kimberly

Start-ups or emerging companies are businesses in the construction phase and generally related to technology but there are also many from the travel sector and food industry. Given their potential for revaluation, they are usually supported by venture capital funds. Europe is the home of some of the most important and prominent start-up nurseries on the planet. Cities such as Berlin, Stockholm or London are the ideal ecosystem for this type of companies.

Image Ref: worldatlas.com

But more and more in all corners of the continent show up these types of companies. Ireland, with Future Finance, or Denmark, with Trustpilot, are examples of countries with a technological start-up that has exceeded 100 million dollars of valuation to date.Continue reading→

3 UK Startup Hacks from Diverse Sectors

Contributed article in our entrepreneurial series. Enjoy! – Kimberly

There are now five million UK self-employed workers and recent rises in their numbers account for more than half of the nation’s growth in employment. Some of these workers operate in the ‘gig economy’ where they perform services like food delivery. But the new wave of British self-employment also includes entrepreneurs in sectors as different as traditional trades, education and advertising. So if you’re thinking of being your own boss, take a look at these three UK startup hacks from diverse sectors.

Image Ref: Collins Primary Atlases

Joinery

Most Brits call carpenters joiners — and if you’re time-served in this trade, creating your own company is a natural next step. Continue reading→

Why is Positive Cash Flow So Important to a Small Business?

Contributed article in our startup series. Enjoy! – Kimberly

Cash is the lifeblood of any business. To use a medical analogy, think of your business as a heart. The cash flows in via paid invoices (the veins) and the cash flows out to creditors via your ‘arteries’. If you have a blockage in a vein, it starves the heart of oxygen. This is not good. You might limp on for a while, but unless the blockage is cleared, your heart (the business) will stop beating.

Unfortunately, many small business owners don’t pay close enough attention to their cash flow. They are too busy marketing their products and services, schmoozing new clients, and expanding the business to think much about whether existing clients have paid their invoices. It’s only when the cash dries up and they don’t have enough money to pay a creditor that panic sets in

Why Cash Flow Matters

Negative cash flow is the main reason why businesses fail. Statistics continually show that 90% of all businesses fail in the first year. Those that do survive will fail within five years. In the majority of cases, a lack of cash flow is the reason why it all goes wrong.Continue reading→

5 Essential Tips for Startups to Grow Big

A businessman is pointing out in the chest where is a word collocation ' start up '. A concept of the starting up new business. Drawn wings. Black chalk board on the background.

Contributed article in our entrepreneurial business series. Enjoy! – Kimberly

“Nothing is as great as succeeding at an early age.”

Never welcome your early success as if you’ve achieved your goals, instead take it as just the beginning of the uphill struggle that you need to continue doing. Settings up your own business might have been in your mind for years; however, you didn’t spend much of your time realizing the true meaning of the a famous quote by Bill Cosby, “In order to succeed, your desire for success should be greater than your fear of failure.”

Perhaps you’re not sure about your success or you have no idea whether it’s what you can call “Success”. Let me finally ask you, “Did you achieve “The Milestone” on your path that eventually turned out to make you proud of yourself?”Continue reading→

Leadership Training Every Startup Should Consider

A help button on a rusty old bear trap. Credit risk concept. Very high resolution 3D render.Contributed article in our entrepreneurial series. Enjoy! – Kimberly

Every day there are literally tens of thousands of companies starting up around the world and many of them do well while many fail. Part of the reason for this is because some entrepreneurs have had thorough leadership training while others have a great idea but don’t have the skills to start and run a company. Those entrepreneurs who have no experience leading a team should seriously consider leadership training that will help them get their company off the ground and on the road to success.

Join Professional Associations within Your Industry

Many times joining a professional association will provide leadership training in the form of a mentor. Continue reading→

Four Costs to Think About When Launching a Startup

currency-global-4_3_rx404_c534x401Contributed article in our business series. Enjoy! – Kimberly

Starting your own business is often a dream come true for many people. However, launching your own company often doesn’t come cheap, and there are a range of costs that you’ll need to take into consideration. Of course the type of costs that you can expect to pay will vary between industries, however there are some basic costs that businesses of almost every industry will need to consider when starting out. We’ve listed just a few of the costs that you will almost definitely find yourself paying.Continue reading→

Should You Quit Your Day Job and Become an Entrepreneur?

dreamstime_xs_57497446Contributed article in our business series. Enjoy! – Kimberly

If you’re absolutely tired of your day job and it’s no longer fulfilling you, you may be tempted to quit and start on a brand new track towards entrepreneurship. But is this really a wise decision? Should you really quit your job to become your own boss and run your own company? Continue reading for a few helpful insights that will steer you in the right direction.

Are You Ready to Lead a Company?

Being an entrepreneur means more than just having a good idea; it also means actually putting that idea into action and making decisions as a leader of an organisation.

Continue reading→