All too often, many startups focus on the products and services they want to offer without considering the infrastructure that will be supporting their businesses. One common example is where startups fail to think about the technology that they need to manage and maintain their daily operations.

 

As you can appreciate, if you don’t have the right tools to manage your business, you will affect its efficiency and productivity. What’s worse, you could also cause problems with your customers too. And that’s the last thing you want to do before you’ve even got your business off the ground!

 

With all that in mind, how can you make sure that your new startup is tech-ready? Well, it turns out there are plenty of things you can do! Keep reading to find out what you need to start doing so you can run a successful startup:

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You’ve done your research, and are sure that you have an idea for a product or service that people will love. You’ve put the work in, and are sure that once it’s up and running your business will do well. There’s only one snag- the upfront costs. You really do have to spend money to make money, and the cost to set up can be incredibly expensive. You may need to hire office premises, buy equipment, you need the right insurances, licenses, you might need to buy stock. None of these things come cheaply. Here are some of the ways you can fund these initial costs and get set up, so you can start making money yourself.

 

Bank Loans

If you have a good credit score, you could consider taking out a line of credit from a bank or lender. Many have options for whether your business is expanding or just getting off the ground, and some even have options for you to ‘tailor your own’ bank loan, so you get exactly the right one for you. The downside to taking out a loan (as opposed to the other options) is that you have to not only repay but also pay back interest too. If your business doesn’t start making money as quickly as you’d like, it could mean you start getting into the red. But if you want a fuss-free way to raise the cash, this is an ideal option.

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People trust big businesses. This is because a business that is big comes across as more established, more successful and more credible. But what if you’re only a small start-up trying to compete with these big fish? How do you attract business if no-one is willing to give the small guy a chance? Simple – you act big.

 

With many businesses operating largely online, acting big has never been easier. Here are just a few tactics that will help to give the impression that you are an established empire and not a tiny start-up.

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From having that initial thought of a business idea to starting things up, it can certainly be a rollercoaster ride of emotions. Happy, excited, fear and the uncertainty can all take hold of you. But that’s part of the fun, right? The thing is, if you don’t mentally prepare yourself to take your business forward, some of the more negative emotions can really take hold of you and affect your mindset. However, arming yourself with the right tools mentally, you can often move forward and diminish those negative thoughts as quick as they enter into your mind. Here are some of the ways you need to ensure you are mentally ready to grow your business into the success you envision it to be.

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Owning a startup is difficult. Communicating with suppliers, customers, staff, and investors can get you stressful at times, and often the hours you put in are long and frustrating. But there’s no need to keep your customers out of the loop with what’s going on with your promotions, discounts or new products. Giving a customer a journey to identify with can help your brand immensely at this point in your evolution. Thanks to the universally available digital world, the way clients interact with their favorite companies has changed for the better. Don’t let your startup miss out on this cheap tool, that yields so much and asks so little.

 

Here are the best ways you can effectively communicate with your audience.

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None of us like to think about a storm striking our business. This is true whether you’re established, or just starting out. A storm can tip the balance and ruin the way things run. But, there’s little you can do to stop it. These things are unpredictable. So, what can you do about it? Your best bet is knowing what you stand to lose, and how you can get back on your feet with as little disruption as possible. Here are a few areas that might need your attention.

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So you’ve got a great idea, you’ve got the plan in place, you’ve got the team ready and raring to go but you’re not sure quite where to start when setting up your office. No problem, here is our list of top office essential for your new start up.

 

Desks & Chairs

 

Think about the size of your team and plan out the layout of your office, calculating how many desks you will need and what will be the most comfortable and attractive layout for your staff. If you plan to be increasing your team steadily over the coming years, you may want to purchase a few extra desk spaces so that you are ready for when that happens. Don’t over do extra desks however as you don’t want your office to look like it’s half empty, as that will give off the wrong impression to any clients that come over for meetings.

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