Simply, the equity economy is a way for entrepreneurs to turn a small percentage of the equity in their startup into an easy-to-use currency that can be used to reward those that help them to build the business.
Businesses across the world are embracing new digital advances which are benefiting staff productivity levels and efficiency while saving money. Although technology has already played a huge part in industries such as farming and production, it is now set to take on more traditional “white collar” office jobs.
The night tube has been hailed as the saviour of London’s night-time economy, and this week sees the launch of the Jubilee Line night tube. Can businesses from Stanmore to Stratford expect to benefit?
While Prime minister Theresa May takes every opportunity to point out that “Brexit means Brexit”, we still don’t know what “Brexit” actually means, nor do we know what will happen to business. But while the natural reaction for margin-conscious SMEs is to raise prices, bosses should instead focus on customer data.
Startups and SMEs have become the hottest places to work. In fact, we at LinkedIn found a huge 87 per cent of the country’s professionals are attracted to the idea of working for a small business and this sentiment is even stronger amongst the youngest generation of workers.
In her first statement as prime minister Theresa May said of the “underdog”: “I know you’re working around the clock, I know you’re doing your best and I know that sometimes life can be a struggle.” She was not talking about entrepreneurs, but it describes their lives perfectly.
In January this year, Bookatable was acquired by Michelin. Attracting this acquisition from such a large firm heralded an exciting growth chapter for the business and cemented our position as the European leading online restaurant booking platform.
By 2020, providing a first class customer experience will become more important than price as the key differentiator for B2B businesses – and that means developing customer trust.
You cannot understate the role of broadband connectivity in the UK’s economy. Our technology sector is exploding – there are 1.46m people employed in digital tech companies in the UK, 98 per cent of which are small businesses.
Customer services needs to play a fundamental part of business. The best salespeople are recognising this and are pitching holistic offerings – blurring the lines between great product and great customer service, and promising outcomes driven by this combination.
Fast-forward to 2020 and the UK will likely have left, or be in the process of leaving, the EU. While many companies resume “business as usual”, others will need to adapt and invest in order to remain competitive by the use of R&D tax relief.
BT has pulled its capabilities back to “sub-Gigabit” levels to deliver competitive services over long distances. That’s innovative and – some might say – courageous. And it’s making operators across the globe think differently about FTTP.