Starting A Business In The TECH ERA

The combination of inexpensive technology, solutions that make access to global markets easier, and more funding options than ever before, means it’s a great time to launch your start-up…

More and more people are saying goodbye to the safety of their nine to-five jobs and taking on the risk of going it alone. Whether it’s a new disruptive Fintech start-up or a local, on-demand flower delivery service; small- to medium-sized businesses are on the increase and driving the domestic economy. New and emerging technologies are among the key reasons that this is happening.

Lower barriers to entry

Advances in technology have significantly lowered the barriers to entry for entrepreneurs. Software-as-a service (“SaaS”) business models allow entrepreneurs to start and grow their business without needing to dish out loads of start-up capital for traditional business software. Lower start-up costs mean you need less money to get your company off the ground. More importantly, it also means you can reach profitability faster and start financing your efforts with your own cash flow.