A great company always starts with compacted company values. Company values are how the company defines the main pillars of their uniqueness and values, which as well affect the technique they conduct their core business. Every company has an exclusive set of critical importance, and them sustenance the vision and decision-making progressions within the association.

Defining Your Company’s Values:

Core values are significant. These are a vital and administrative force as your company grows. Therefore, we’ve spent more time exploring best performs for defining company core values. Here are two core take-out:

1. Here is no one precise way to do it. Whereas there are some rules, each organisation has its own story when it derives to values. …

Every company has its own culture, defined by its values, and governing principles that the leadership and employees equally share. While most people consider culture an unimportant element, it has a real impact on performance, retention and the company’s ability to adapt to changes. A disengaged team will leave founders staring into the horizon alone.

In critical times, excellent leadership and culture mean an ability to get people to buy into your strategy, not only that but to do things with a confident attitude. It takes effort to relay your thinking, convince, and inspire people to imagine the potential of their work. …

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The current financial climate is disturbing for technology founders. At the European level, we have over 300 VC funds continuing to invest actively and grant-making programmes in every country, yet founders face many hurdles accessing capital.

Early-stage technology founders are foremost to feel the effect of economic downfalls. It is in periods like this where we understand the pressures of such entrepreneurs.

Many founders are faced with tough decisions over how to restructure the companies and potentially pivot to be still able to survive.

I am asked daily some challenging questions by companies I mentor and interact in our ecosystem. It led me to write this article which could provide a roadmap and some practical tips which I have tested over the years myself. …

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I was asked very recently by a company to explain how I would approach their projected Intellectual Property (trademarks, patents, code of the platform) concerning their Balance Sheet or Statement of Financial Position.

To make it even more complicated and they have asked me to consider both UK accounting rules as well as the US.

I like a challenge and think there is an approach we can adopt to reach a response and help founders understand how to treat Research and Development costs without much difficulty.

Accounting Treatment

In accounting terms, you can only value the patents, trademarks, and code, when you have a product that can be sold and you’re able to understand the future economic benefits. It is another way of saying that you should be able to understand what the product will do, who you will sell it to and how much you’re going to price the usage of your product.

The world is now facing a public health crisis known as Covid-19 and also a financial crisis.

The crisis on our hands manifests differently for individuals and companies. The uncertainty over our ability to revert to our normal state creates pressures on mental health, relationships and business performance.

We need to consider permanently adjusting our work practices, lifestyle and safety considerations.

It imperative we think about the support of our tech entrepreneurs during this crisis. Early-stage and even well into growth, are period of substantial uncertainty at a company level. Founders are challenged beyond the average level during Lockdown.

There are a few points that should entrepreneurs keep in mind during a crisis. …

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Please find below resources and links to relevant pages every founder should consult during this period.

FURLOUGHING STAFF IN THE UK

Q&A

https://joelsonlaw.com/insights/furloughing-your-questions-answered/

CORONAVIRUS BUSINESS INTERRUPTION LOAN SCHEME

BOUNCE BACK LOAN PROGRAMME

FUTURE FUND PROGRAMME FOR EARLY STAGE

http://rosauk.org/funds/rosas-covid-19-response-fund-small-grants/

RESEARCH ON ECONOMIC IMPACT

Some key speakers developing on how they view markets being impacted and how they are planning their survival in the period post-recession.

Some guidance on how the EU will position itself to support companies during the crisis. …

The world over, money related bundles have just been reported by countries in an offer to re-establish their economies amid the Coronavirus pandemic holding nations over the globe.

The US, for example, is taking a gander at a Senate vote to roll out a $2 trillion bundle, touted as one of the most prominent salvage bundles in American history.

One of the most broadly affected by the emergency, Italy, thought of a crisis plan of $28 billion that could assist them with creeping gradually towards commonality.

Europe has not been far behind with similar measures supporting technical unemployment and government-backed loans to SMEs, although each country has different criteria and thus not all SMEs have the same options. …

We are statistically 5 times more prone to accidents on holidays. It is not because the odds increase once you board a plane or because you start wearing fewer clothes. It’s not even due to the lack of hydration. The main causes of accidents are as follows:

1. Carelessness. We relax, we forget to care, we forget to assess and plan for risks.

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2. Alcohol or Intoxication. We end up trying new foods, spicy things, we consume that extra iced cocktail while knowing damn well our legs are already shaking. We have contests, for some, it starts with tequila for others with a classic beer. …

Simple marketing tips that are guaranteed to work

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Every business needs to consider the importance of good marketing. Not only does it promote your services, but it also lets you establish yourself as a brand.

If you have a small business or startup, the right marketing strategy can set you towards a path of success right away. However, marketing may be expensive for some and executing it correctly is no easy task, especially for small business owners.

Luckily for a business in tech, the audience is usually better educated on the use of the internet and online services. …

SQL offers better advantages than most other systems. This is due to the fact that you’re able to query data, a lot easier than previously using Excel. Also, it enables a lot more computation on larger data sets and speed of computation, mainly This is due to the fact that in various different tables. People can store, different types of data. And thus it enables quicker processing time.

When I’m thinking about programming. I’m thinking about the speed of translating bodies in my head, an idea or a question like, how what areas around the country is best to start pushing the product. …

About

Flavia Richardson

Committed to supporting early stage and growth companies

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