On the remote Fiji island of Vorovoro few job opportunities exist, but chief Tui Mali has constantly foretold that “one day the world will come”. And now, the island dependant on fishing and farming and where poverty is high is about to become an unlikely start-up hub.
The number of new businesses opening in October 2014 was the third highest since the recession started, with 51,460 new businesses incorporated with Companies House, according to statistics released today.
From a business perspective, technology is forcing a new approach. The massive, grindingly slow corporates of old, the likes of Blackberry, Blockbusters, Nokia, Navteq and Kodak, are being superseded by two guys in a garage with a start-up, leveraging new, innovative technologies. Welcome WhatsApp, Oculus Rift, Twitch, Netflix, Instagram, Waze and Xiaomi.
The number of new companies being incorporated is on track to set a post-recession record in 2014, with nearly half a million new businesses starting up in the year to September, according to Companies House statistics released today.
The start-up scene in the UK hosts thousands of driven, bright individuals whose raison d'être is to make innovative ideas a reality, turning a profit along the way.
A high-growth startup tech business' progress can scarily be like the race from the bottom left to the top right of a Snakes and Ladders board, aided by a dice and numerous ladders and hindered by various lengths of snake that unexpectedly shoot us almost back to base.
Analysing data from Companies House, O2 Business established that last year more businesses in the UK were started on this day than any other, with a total of 1,679 businesses being created.
As part of a new scheme from the UK Government – the Sirius Programme – the latest entrepreneurial talent will be coming to the UK to start their businesses.
Whilst you may be excited that you are finally in charge of your own company, it is important that you take the time to make sure that you are setting up your company sensibly. Here are the top five mistakes made by new businesses and how to avoid making them yourself.
A release from Croydon council last week confirmed that Croydon is London’s fastest growing tech cluster: achieving 23 per cent growth of new tech and media businesses since 2011, higher than London (17.1 per cent) and the UK (11.3 per cent) averages over this period.
It takes hard work creating a successful ecommerce site that customers love to buy from. The site should not only be designed and developed to meet the needs of the user, but the needs of the business too.
James Caan is now accepting applications for the Recruitment Entrepreneur of 2014.