The majority of UK entrepreneurs prefer to self-fund, or “bootstrap” their startups, research from Essex company formation agent, The Company Warehouse, shows. Until now, it has been difficult to gauge entrepreneur’s attitudes towards funding in general. Previous research has focussed on how likely entrepreneurs are to use specific sources of funding, e.g. bank loans ,… Read More
Whether you’re just starting a business, or if you already own a small-to-midsize corporation, the value of good networking opportunities can never be understated. If you’re drafting a business idea, but haven’t yet formed a company, networking events provide a great opportunity to learn from more experienced entrepreneurs. If you’re an SME owner, the benefits… Read More
“9 out of 10 startups fail” “half of all startups fail within the first 5 years” If you’re thinking of starting a business, you’ve probably heard these statistics time and again. As a company formation agent, we’re well aware of the struggles that would-be entrepreneurs face on their way to success. If you’re thinking of setting… Read More
Since The Company Warehouse launched in 2003, we’ve had the privilege of seeing Essex evolve into a hub of startup activity, with company formation numbers increasing over the years. Colchester continues to lead the way as the county’s creative hub, with the largest creative economy in the area. 18% of businesses in the town are… Read More
At the Company Warehouse, we work with hundreds of new startups and company formations in Essex every year, so we’re always interested to hear about new funding opportunities and initiatives in the area. Those looking to start a new business, or grow an existing one in Essex, will be interested to know that Tendring District… Read More
Companies House has introduced some important changes which affect the formation of small companies in the UK and which became law on 30th June. The major impact of the changes is that additional information needs to be provided to Companies House when companies are being formed. The changes are related to: Standard Industrial Classification Codes… Read More
If you needed any convincing that crowd funding can be an effective way of raising money for your startup, then you don’t need to look beyond the borders of Essex for evidence. Already the beneficiary of £150,000 in funding via the Seed Enterprise Investment Scheme (SEIS), Chelmsford-based education technology startup University Compare is now raising… Read More
Startups generally have limited capital to throw at marketing activities. Regardless of how much you have in the marketing coffers, you need to make sure that the funds you do have are spent wisely as it is all too easy to fritter them away on campaigns that yield little or no return on investment. As… Read More
For generations small businesses have, in many ways, been the lifeblood of the communities they serve. It’s a status that has never been more threatened by the presence of larger, out of town competitors than it is today. For startups and those looking to form limited companies, the prospect of making headway in increasingly competitive… Read More
Essex might be a great place to start a business but that doesn’t mean budding entrepreneurs looking to form a company here can afford to take their customers for granted. New businesses are cropping up all over the county and while their products and services may differ, they all share the need to support the… Read More