Startups and small businesses are especially vulnerable to cash flow problems. Although profit making is essential for growth and sustainability, cash flow management is critical for a startup's survival and even a profitable and growing business can go bankrupt if it runs short of cash. Entrepreneurs don't always keep a close eye on cash flow and many small businesses fail because of poor cash flow management .As an expert in helping businesses to overcome cash flow problems, Carl Faulds s...
With constantly evolving cyber security threats presenting fresh challenges globally, a new accelerator programme for cyber security startups aims "to make the UK a world leader in cyber security tech" and "the safest place in the world to do business." Announcing the launch of its Cyber39 programme, Level39's Ben Brabyn says the programme seeks to help ambitious entrepreneurs harness the billion-dollar opportunity of cyber security innovation. Cyber39 is inviting startups to apply to the p...
Offering customers higher-end or additional products or services isn't just a sales tactic; it can also boost customer satisfaction. When used properly, upselling and cross selling techniques help your customers get more value from your business—while you get more loyalty and revenue from the customer. While upsells are more commonly used, downsells can also boost your bottom line, says online business expert Brian T. Edmondson. In this article he shares some top tips for effective use of both t...
A team of scientists and engineers in the UK are set to revolutionise keyhole surgery with a robot arm built using low cost technology originally developed for mobile phones and space industries. Although surgical robots already exist, this new robot is more adaptable, less cumbersome, and less expensive to use. The robot's creators, Cambridge Medical Robotics, have modelled the Versius very closely on the human arm, including technology that detects resistance to ensure the right amount of pres...
In our busy society, we don't always get enough good quality sleep, even though we know how important it is is for our physical and mental health. There are five different stages of sleep that we cycle through each night and each one serves a different function. Lack of sleep disrupts these cycles and can affect our quality of life in different ways. One area of research is the stage during which most of our dreaming occurs. Although you always dream, you may not remember your dreams and some st...
In a highly competitive job market, you may be competing with hundreds of other candidates. And yet, despite that level of competition, someone will make it all the way through the recruitment process to getting hired. For the best chance of success, you need to be able to demonstrate your passion for the role. As the Global Head of Recruiting for Johnson & Johnson, Sjoerd Gehring knows that the most impressive candidates "are the ones who've taken the time to define what they want to accomp...
Your brand is your identity, your values and reputation. It's how others see you based on the impression you make and is key to your success. Nowadays, building your personal brand is just as important as building your company's brand. As an entrepreneur, cultivating your personal brand helps differentiate you from the competition. Consumers want to hear the story behind a company's founders, and that means marketing yourself as well as your company. Although creating your persona...
The concept of integrity is often misunderstood and misused in business. In Charles Marshall's words, it's "doing the right thing when you don't have to—when no one else is looking or will ever know—when there will be no congratulations or recognition for having done so. In business, as in life, it means consistently upholding the values of honesty, accuracy and authenticity and ensuring your behavior and actions align with those values. It's difficult to maintain our integrity 100 per...
It's common for people to return from a vacation with a different outlook on work. The summer break is the ideal time to reflect on your career goals and aspirations and make plans for the future. And that often means deciding it's time to find a new job or take your career in an entirely new direction. Or you may be looking for your first job after finishing school or college. Whether you're facing your first ever job interview or your first in a few years, to help you prepare here are som...
Technology is changing all the time and as customers become more accustomed to instant communications and on-demand services, so their needs and expectations are increasing. While customers benefit from the speed with which they can obtain information, goods, and services, there's also the risk that increasing automation is making customer service less personal. Scottie Gardonio explores here how further technological advances in augmented reality (AR) and virtual reality (VR) could reverse this...
