Business

As businesses around the world increasingly make sustainability a priority, finding innovative and new ways to reduce their environmental impact has become more critical than ever. One approach gaining popularity is the use of virtual offices, which allow companies to operate without a physical headquarters. Virtual offices, supported by advances in digital technology, enable employees to work from just about anywhere, reducing the need for traditional office space. This shift in work dynamics offers several environmental benefits and can significantly contribute to achieving...

The digital age has revolutionized how we interact with the world, from entertainment to commerce. Online platforms have become central to our lives, providing endless opportunities for communication, learning, and leisure. This article explores the evolution of online platforms, focusing on their impact and future trends.

The Rise of Social Media

Social media platforms have fundamentally transformed how we connect and share information. Sites like Facebook, Twitter, and Instagram have redefined communication, allowing users to share updates, photos, and opinions in real...

Businesses in Exeter have benefitted from over £2 million in funding through the Start Up Loans programme, since it began.

The programme, which is part of the British Business Bank, has a 12-year legacy of delivering funding to smaller businesses who may otherwise find it difficult to secure loans from other sources. It also offers mentoring to recipients in their first year.

Over 190 businesses in Exeter have benefitted from this funding support, which offers personal loans of up to £25,000 on a fixed 6% rate of interest. They range from coffee shops and cafés, to...

Starting a business is exciting but navigating the financial aspects can take time and effort. Many startups face challenges in managing their finances effectively, which can lead to severe consequences.

Due to a lack of experience and expertise, these businesses often make critical mistakes that can jeopardize their survival. Recognizing these common pitfalls and knowing how to avoid them is crucial for the success of any startup.

Continue reading to explore the top five financial pitfalls every startup should avoid and provide practical advice on avoiding these common...