The new breed of businesswomen, dubbed the ‘Returners’, has contributed to an increase in the proportion of SMEs run by women from 14 per cent in 2008 to 20 per cent today.
The number of women over the age of 30 seeking start-up finance and mentoring soared by a third in 2014, according to Startup Direct, which offers Government-backed loans to new firms.
In 2013, women over 30 made up just 25 per cent of general enquiries to Startup Direct, but this grew to 57 per cent last year.
More often than not new companies stagnate early on because owners didn’t think about the day-to-day tasks that running a business would demand.
Here are the top six challenges most entrepreneurs overlook when they start their new ventures and how they can be overcome:
Running out of stock
There are literally dozens of reasons to be an entrepreneur and start a business, says inc.
If you’re thinking of starting a business for any of these four reasons, you may be better off to think again:
The new Rockstars. It is true that successful entrepreneurs are the new rock stars–especially tech entrepreneurs. But the key word there isn’t “stars,” it’s “successful.”
Get ready for action…Over the next several weeks, we’re going to break out our “crystal ball”.
Wondering who’s going to win the Super Bowl, or the men’s downhill in the Winter Olympics? Umm, if so, you might be reading the wrong email. But if you’re looking for predictions about major business trends – and for advice about how to make money from them through equity crowdfunding – you’ve come to the right place.
Ready for our first piece of advice? Here we go: Get Vertical.
Excluding women from board positions has a cost—a $655 billion cost, to be exact.
That’s according to a new report from Grant Thornton, an international audit, tax, and advisory firm. According to the firm’s research, excluding women from company boards costs companies $655 billion in the US, the UK, and India, which amounts to a total of 6.7% of lost GDP across all three countries. The Grant Thornton reports looks only at big, listed companies, but notes that the value lost in smaller and mid-sized companies is “unquantifiable” but potentially huge.
There's no question that the tech world is an overwhelmingly male place. There's legit concern that tech is run-amok with "brogrammers" that make women programmers feel unwelcome. On the other hand, people just want to laugh.