As customers are increasingly using social channels to manage their customer service interactions, with nearly 70% of consumers having used social channels for customer service on at least one occasion, consumers are becoming more demanding and driving the change in how companies are communicating with them. Customers are more mobile, open to 24/7 interactions, including intuitive and free flowing technology, and expect swift responses relevant to the channel of their choice.
When it comes to finances, short-term survival is usually the focus for start-ups. Jumping through financial hoops in the early stages of a business is hard enough without planning for the years ahead. When you are new to the game in any business, it is difficult to know what the future holds. But, getting to grips with your finances at the start will stand you in good stead. With some forward planning you are more likely to be able to budget for contingencies and weather financial storms.
Brand consistency can easily be overlooked in a small business. Many aspects of building a consistent brand are often seen as expensive and many small businesses make the mistake of believing brand consistency is something that only applies to bigger organisations. Wrong. A strong and recognisable brand is essential for building repeat business, whether that business is big or small. And forging a strong brand requires a consistent message.
Launching a startup is a serious undertaking for any first-time entrepreneur - but what if you already have the skills to help your business flourish? From juggling priorities to delivering projects on time, the responsibilities awaiting first-time business owners are numerous - but with some strategic thinking, you can apply competencies from your day-to-day life to give your business the best start possible and ensure that it thrives from the word ‘go’.
Recently, during London Tech week, the Home Secretary, Sajid Javid, announced a new ‘start up’ visa, which will be implemented from Spring 2019. It is currently unknown whether this new scheme will replace any the other of Tier 1 visa routes. The government intends for this new immigration visa to help advance and grow the UK’s tech sector.
One of the biggest concerns of startup owners is the initial cost. While some may want to have all the pieces in place before they start and go on a wild shopping spree, others may go to the other extreme and be gun shy when comes the time to make important purchases. But there’s a way you can find a happy medium between the two and start your business right without breaking the bank. Here are some tips on how you can lower your startup costs without affecting quality.