Jump to content

General Business

Discover and share business advice, tips, and resources. Engage with experts and peers for support and insights in the business world.

  1. Figuring out how to price a product can feel a bit overwhelming, especially if you're launching something new or entering a competitive market. Don't worry: it's not as complicated as it sounds once you understand the core principles behind it. The truth is, pricing isn't just about covering your costs and adding a bit on top. It's a strategic decision that affects everything from your profit margins to how customers perceive your brand. Get it right, and you'll attract the right buyers while building a sustainable business. Get it wrong, and you could either leave money on the table or price yourself out of the market entirely. In this guide, we'll break down the most co…

    • 0 replies
    • 66 views
  2. Started by Tankers,

    If you live in America, what are your thoughts on the polital climate and starting a new business? Do you think it's a good time with the gloabal instability and domestic financial instabilities?

  3. Coming up with a startup idea is exciting but also risky. Many founders fall in love with their ideas only to later realise the market did not agree. The challenge isn’t generating ideas; it’s validating them. Before you invest months (or years) of your life building something, you need to know whether people actually want it. This guide walks you through a practical, honest framework to assess whether your startup idea is worth pursuing. 1. Start With the Problem, Not the Solution Every strong startup is rooted in a painful, specific problem. The more urgent the problem, the more likely people are willing to pay for a solution. Ask yourself: Is this a real problem people…

  4. How to build a startup when you have no investors, no team and no idea…..Yet. Starting from zero can feel intimidating. No funding, no co-founders, and not even a clear idea, just ambition and curiosity. But here’s the truth: this is the best time in history to build a startup. AI and no-code startup tools have leveled the playing field. With the right systems, you can validate ideas, build prototypes, and attract users all on your own. Let’s break down how to do it step by step. Step 1: Forget the Perfect Idea and Focus on Real Problems Most first-time founders waste months chasing β€œthe perfect idea.” The most successful founders don’t start with ideas, they start …

  5. From Local to Global - The power of small businesses Small businesses are everywhere: the corner cafΓ© that remembers your name, the plumber who answers at short notice, the tech startup in a co-working space or the crafts maker who sells on a weekend market. Taken individually they’re intimate and local; taken together small businesses are the backbone of modern economies. Policymakers, researchers and the public increasingly recognise that small businesses do much more than sell goods and services, they create jobs, circulate income, anchor communities, and act as engines of innovation. Below I set out the evidence, the social and economic roles small firms play, the …

  6. Get a clear picture of real estate app development costs, essential features, and factors that shape your project’s budget. Perfect for startups and entrepreneurs. https://www.apurple.co/real-estate-app-development-cost/

  7. Why do so many SaaS startups failβ€”and how can you avoid being one of them? In this video, we analyze the most common mistakes that cause nearly 95% of SaaS ventures to crash and burn. You'll learn from here: https://www.youtube.com/watch?v=jRukO96OnNA

  8. Why Protecting Your Startup Idea Matters More Than You ThinkYou’ve struck upon a bright idea. Maybe a clever service, a gadget or a brand that might disrupt the market. Yet ideas on their own aren’t protected by law. To transform your brainwave into a safeguarded asset, you must arm yourself with the right legal tools. From patents to NDAs and trademarks, startup IP isn’t just legal jargon; it’s your intellectual armour. Think of it this way: without IP protection, your startup is like an unlocked house in a busy neighbourhood. Attractive to others, but vulnerable. With the right protections, you’re not just locking the doors, you’re installing an alarm system, signing an…

  9. Embarking on a startup journey is one of the most thrilling experiences in business, offering the opportunity to create something new, innovate and potentially disrupt an industry. But with that thrill comes risk and often, the most significant risk isn’t the product or market, but the people you choose to build your business with. Your co-founder relationship is the backbone of your venture. A strong partnership can propel your startup forward, while a misaligned one can create tension, slow progress and sometimes even lead to failure. Many first-time founders underestimate the importance of co-founder compatibility. They focus on finding someone with similar technical s…

  10. Valuing a startup is often described as part science, part art and part educated guesswork. Unlike established companies with predictable revenue streams, startups live in a world of uncertainty: limited historical data, evolving products and unpredictable markets. Yet, valuation is critical: it sets expectations for founders, informs investors and ultimately determines the equity stake exchanged in funding rounds. In the UK’s vibrant startup ecosystem, understanding the most widely used valuation methods can be the difference between securing investment and missing opportunities. In this article, we unpack three key approaches: Discounted Cash Flow (DCF), Comparable Comp…

  11. If you’ve spent any time in a pitch meeting, at a startup event or reading a funding announcement, you’ve probably noticed the same thing: founders speak a confident, visionary language that sometimes feels… slightly off. It’s polished, persuasive and often inspiring. But if you look closely, there’s usually more to the story. Startups operate under intense pressure. Budgets are tight, timelines are urgent and expectations are sky-high. Founders are trying to sell their vision, attract talent and secure funding, all at once. To navigate this, they often wrap complex truths in polished and optimistic language. Understanding what they really mean can help investors, employe…

  12. If you’ve ever dipped your toes into the world of startups or product development, you’ve probably heard the terms PoC vs Prototype vs MVP thrown around a lot. But what do they mean? And more importantly, how are they connected? Sometimes, it feels like everyone uses these words interchangeably β€” but are they really that different, or do they share some common ground? We’ll explore the surprising similarities between these three early-stage product concepts. Whether you’re a founder trying to figure out your next step, a developer curious about the process, or just someone interested in how ideas turn into real products, this breakdown will help clear things up. Breaking …

  13. Are You Really in Control of Your Brand?Imagine investing time, capital and creative energy into launching a startup only to discover that another business has already registered your brand name. Worse still, they're legally entitled to use it and you’re not. This scenario is more common than it should be. And it's not limited to newcomers or hobbyists as even innovative, investment-ready startups fall into this trap every year. At the heart of this issue lies a powerful yet often overlooked legal tool: the trademark. They’re too often dismissed as a bureaucratic formality, however trademarks are a core pillar of intellectual property (IP). Not just for compliance, but al…

    • 1 reply
    • 388 views
  14. Starting a business is an exciting journey, but if you’re new to it, the process of setting up a UK limited company can feel a bit overwhelming. Don’t worry because it’s not as complicated as it sounds. Whether you’re a freelancer ready to go pro, a budding entrepreneur launching your first startup or just curious about what it means to run a limited company, this guide breaks down everything you need to know in simple steps. I’ll walk you through the key points: what a limited company is, how to register yours, what you need to prepare and your legal obligations once it’s up and running. What Is a Limited Company, and Why Choose It?A limited company is a specific type …

  15. Startups are high-stakes ventures because you're moving fast, iterating constantly and balancing everything from customer acquisition to fundraising. Amid the chaos, insurance might not seem like a top priority. But the truth is that insurance isn’t just paperwork, it's your safety net. Getting insured doesn’t slow you down, it actually empowers you to take calculated risks knowing you’ve got backup if things go sideways and, in the startup world, things inevitably do. So let’s break down what you actually need and why you shouldn’t wait until it’s too late. The Startup Risk FactorLet’s face it, no one launches a startup thinking that they can’t wait to read 45 pages o…

  16. Once upon a time, raising money for your business meant endlessly chasing banks, pitching to suit-clad investors or borrowing from Aunt Maureen (who'd then want a seat on your board). Fast forward to today and the startup world has a new best mate: crowdfunding. Crowdfunding has gone from niche to necessary in the UK startup landscape. In 2024 alone, British entrepreneurs raised over Β£200 million through crowdfunding platforms. This method has turned early-stage investing on its head, giving everyday people the chance to support the next big thing, even before it’s big. Why should you care? Because if you’ve got a cracking idea but lack deep pockets or investor connection…

  17. Let’s be honest, launching a startup with your mates might sound like the beginning of a sitcom. But without a founders agreement? It could end like a courtroom drama. Welcome to the chaotic and occasionally catastrophic world of startups. One minute you’re building an MVP in a basement fuelled by pizza and dreams. The next, you’re sitting across from a VC who wants to know how your equity is structured and you’re staring blankly at your co-founder. Let’s fix that, shall we? What Exactly is a Founders Agreement?Imagine a prenuptial agreement for co-founders, minus the awkward family dinners. A founders agreement is a legal document that outlines the roles, responsibiliti…

  18. Let’s Talk About the Most Exciting Thing in Startupland: Banking.Hold on. Don’t yawn just yet. We know banking isn’t exactly the reason you decided to build a startup, but choosing the right bank account is one of the first and most crucial steps in giving your business a solid financial footing. And yes, choosing wrong can be like trying to run a marathon in stilettos. Technically possible, but definitely not smart. What Exactly Is a Business Bank Account?If you’ve ever tried untangling your personal coffee habit from your company’s spending come tax time, you already know: mixing money is a recipe for pain. Enter the business bank accountβ€”a hero among financial tools. …

  19. Tired of Talking to Your Dog About Your Startup?Let’s be honest - building a startup is exhilarating, but it can also be incredibly isolating. The reality for many founders is this: long hours working alone, decisions made without a sounding board, and a constant sense that everyone else is further ahead. You wear all the hats - product, sales, finance, customer support - often without a co-founder, a team, or even a peer to bounce ideas off. And while your dog might be an excellent listener, it’s hard to test product-market fit on a golden retriever. This isn’t just a passing feeling - founder loneliness is a real, documented issue. It impacts mental health, decision-mak…

  20. You’ve got an idea. Maybe it struck you during a long walk, or after a frustrating moment where you thought, β€œThere has to be a better way.” Maybe it started as a scribble in your notebook, a voice note on your phone, or a 3am conversation that wouldn’t let you sleep. It’s a sparkβ€”something you feel could matter. It might be a product that challenges the way we shop. A platform that brings opportunity to people who’ve been overlooked. A tool that solves a very specific, very painful problem you’ve lived through yourself. And as you begin talking to othersβ€”friends, advisors, investorsβ€”they ask: β€œSo... is it a startup or a small business?” You paus…

  21. Started by Maria,

    Hi founders! At what stage of your start-up journey do you start thinking about investing in PR & Comms? I’m building a platform to help start-ups navigate Communications more strategically, and I’d love to hear your thoughts. If you’re open to filling a 2-min survey or a having a quick chat with me, I’d really appreciate it. The survey link is here: https://www.surveymonkey.com/r/7T28FF7 I’m happy to share insights or brainstorm any Comms challenges you’re facing too, drop me a line 😊

    • 4 replies
    • 532 views
  22. Started by Go Green,

    Did you guys create the logo yourself, or did you hire it out? I'm not much for digital artwork, so I'll have to hire a professional to craft it. There's just one major problem -- I have no idea what it should be. I'm not the most creative person. Where could I go to find a designer to come up with a logo idea and create it for me?

    • 5 replies
    • 835 views
  23. I thought building a healthcare app would be like any other project, I was wrong. It’s about navigating regulations, earning user trust, and making tech feel human. Ever wondered why so many healthcare apps fail to deliver? Let’s talk about the real challengesβ€”and how to overcome them.

    • 1 reply
    • 360 views
  24. πŸ€– Off-the-shelf artificial intelligence solutions often fall short of addressing the unique challenges faced by SMEs. The Alan Turing Institute, a partner of the Innovate UK BridgeAI programme, is excited to introduce their mentoring support offering 'Bespoke advice for SMEs'. Why get involved? Get direct access to experts, collaborating with top experts from The Alan Turing Institute, in addition to specialist support and guidance around your specific AI adoption challenges. Is your business ready to harness the potential of AI for growth and success? πŸ‘‰ Express your interest by 21 December to be at the forefront of the AI transformation: https://iuk…

    • 2 replies
    • 628 views
  25. Started by Berry,

    I'm all too familiar with the pitfalls of micromanagement, but since starting a business is so personal, how do you avoid it? I wouldn't say I'm a control freak. I just know what I envisage, and I'm concerned I'll be breathing down the necks of everyone who's working for me to make sure it all goes according to plan.

  26. Started by Hercules,

    Which social media platforms do you use to advertise your startup? Do you have any tips for building a strong community? One quick trick I've learned is to ask a question at the end of a post in order to encourage engagement. It works about 7 out of 10 times.

  27. Hello amazing members of Startup Networks! As we celebrate surpassing 200 members and receiving thousands of views each week, we want to extend our deepest gratitude to each one of you for being a vital part of our journey. Your active participation and insights have transformed our platform into a thriving hub for startups in the UK, offering unparalleled access to events, workshops, resources, funding help, and mentorship. But, as with any growing community, we recognise there's always room for improvement. Our mission is not only to sustain but to enhance the value we provide to you. Therefore, we're reaching out to gather your valuable feedback, advice, and …

    • 1 reply
    • 617 views
  28. Started by Jane Chapman,

    I'm fascinated by the show, Dragon's Den, and would love an opportunity to pitch to Sara Davies. Even if you couldn't make a deal, it would still be a good way to get your product in public view. I found a great video about pitching that is worth a look if you're interested. https://www.youtube.com/watch?v=EUDbA5qCZQg Which investor would you be most likely to connect with? I think appealing to their personalities helps with getting a deal. Have you been on the show?

    • 1 reply
    • 408 views
  29. Started by Spaceports Tourism,

    Creating a product or service without defining and narrowing your niche can make it difficult to define your goals, determine your target audience, and more. I'm finding it hard to do, though. Do you have any tips for narrowing your niche?

    • 2 replies
    • 452 views
  30. Hiring the right talent is one of the biggest challenges for startups. Sorting through hundreds of applications, screening candidates, and ensuring the best fitβ€”all while trying to scale your businessβ€”can be overwhelming. πŸ”Ή What if AI could streamline your hiring process? πŸ”Ή What if you could reduce time-to-hire by 50%? πŸ”Ή What if every candidate was assessed objectively, beyond just keywords on a resume? At ByteSpark.ai, we’ve built an AI-powered recruitment platform that automates talent sourcing, shortlisting, and screeningβ€”giving you top-tier candidates in record time. Whether you're hiring your first team or scaling fast, our solution helps you: βœ… Find the right candid…

Important Information

Terms of Use Guidelines We have placed cookies on your device to help make this website better. You can adjust your cookie settings, otherwise we'll assume you're okay to continue.

Account

Navigation

Search

Configure browser push notifications

Chrome (Android)
  1. Tap the lock icon next to the address bar.
  2. Tap Permissions β†’ Notifications.
  3. Adjust your preference.
Chrome (Desktop)
  1. Click the padlock icon in the address bar.
  2. Select Site settings.
  3. Find Notifications and adjust your preference.