30 September 2022
What does the Chancellor’s mini-budget mean for entrepreneurs?
On 23rd of September the new Chancellor of the Exchequer, Kwasi Kwarteng, unveiled his mini budget which is effectively the Government's new growth plan. As everyone now knows this signified the Government's intention to focus directly upon economic growth. To this end, the Chancellor set out dramatic tax cuts (not all of which were either expected or pre-announced) and reforms for individuals and businesses, the like of which we have not seen for a very long time. Unfortunately it does now seem clear that the City was unprepared for the extent of the reforms, and they have been received very badly by many.
7 September 2022
Lifecycle of a tech startup series: Data Protection
In advance of trialling the product with a test group of 100 consumers you, Sarah and Chris are now turning your attention to compliance with data protection legislation, given that the trial phase will mark the commencement of the company processing a significant volume of consumer personal data. Users will need to provide their personal details in order to register an account with KNow Wear and reap the full benefits of the wellbeing wearable via the web-based platform which works alongside it.
16 August 2022
Sunak or Truss – who’s best for business?
On 5th September the new Conservative Party leader, and the next British Prime Minister, will be announced. It’s a time of great economic uncertainty and it’s put the candidates’ differing approaches to economic policy under the spotlight. So, what are their policies? And which candidate would be best for business?
22 July 2022
Lifecycle of a tech startup series: Incentivising Employees
KNow Wear Ltd is now starting to flourish. The sample products manufactured in Burnley have tested above expectations and the company is looking to take on new staff to build out the sales and development teams. It has a difficult task now however – how does it hire the best staff, when it can’t offer the best salaries?
21 July 2022
Pandemic Entrepreneurs – Setting the Pace
The COVID-19 pandemic saw a rise in entrepreneurship, with the Bank of England reporting that contrary to the typical cycle of company creations, which tend to rise in booms and decline in recessions, the number of new companies set up during the pandemic in fact clearly increased.
