Yonder, a credit card startup company and Startups 100 alumni, has recently announced that it has received a new round of Series A funding to help it continue to grow and scale the business. The Series A funding, to the tune of $62.5 million, was co-led by Northzone and RTP Global alongside angel investors Joseph Moore, founder of Crust Bros, and…
What are the EIS and SEIS schemes?The Enterprise Investment Scheme (EIS) is one of the most widely-known reliefs for private investors wishing to make a tax-efficient investment in a company. The scheme has been around for several years and gives benefits to the investor such as income tax relief of…
Christmas is approaching, and the best present you can give your business is healthy cashflow!Late payments are a widespread problem for small businesses: according to the Federation of Small Businesses (FSB), on average, 30% of payments are late.Christmas can be a useful deadline for chasing outstanding invoices and if you…
Startups.co.uk is reader supported – we may earn a commission from our recommendations, at no extra cost to you and without impacting our editorial impartiality. Great business people know that the key to success lies in fully understanding customers’ needs and desires, and delivering the right solutions at a profit.…
As an unemployed aspiring entrepreneur, it can feel as though there’s little financial support available to help you start up a business.Banks scrutinise your credit history before loaning you a small business grant, while investors may be hesitant to back a concept which you haven’t had the resources to test…
Successful selling to anyone is always a result of both the message you are giving and the way you’ve chosen to communicate it. When writing a pitch deck to potential investors for equity funding, you’re selling the probability of a successful exit in a few years’ time.Whilst every business is…
For startups, revenue and profit are the key performance indicators (KPIs) that indicate success. In recent years, we have seen investors pump billions into Silicon Valley or technology companies, based on projections and estimates. They catch the headlines and illustrate investors attempts to find the next company like Apple, but many…
What do term sheets cover?Term sheets are versatile documents, and they typically encompass several vital details:The nature of the investment or transactionThe amount involvedThe company valuationConditions that must be met before finalising the deal, such as due diligenceSpecific terms of the industry and the required legal terms, as explained in…
Peer-to-peer or P2P lending allows startups to obtain loans directly from individual investors, cutting out financial institutions. It connects companies looking for funding with lenders who want to invest.P2P lending sources increased following the 2008 financial crisis when traditional lenders introduced stricter lending criteria. Most P2P lending takes place through online…
Over four in five entrepreneurs believe that the shift to remote funding rounds in our new era of remote and hybrid working has opened new growth opportunities, according to a recent poll conducted by Pitch, a collaborative presentation platform. The surge is attributed to a growing confidence in remote fundraising efforts,…
Case study: calculating EBITDA for TechFab Innovations LtdTechFab Innovations Ltd is a company that designs and manufactures innovative tech accessories. To calculate their EBITDA for the fiscal year, they follow these steps: Gather financial data:Earnings: TechFab's total revenue for the year was £2,500,000.Interest: They paid £50,000 in interest on loans they…
In a declining economy, startups face an uphill battle when it comes to securing funding.…
With all of the recent news about artificial intelligence (AI), it got me thinking about…
A while back, I took a couple of my grandchildren on a tour of the…
Startups face numerous challenges on their journey to success, and failing to overcome any one…
Sign in to your account