How to spot and prevent executive burnout
Growing the business that you’ve started from scratch with your own idea is possibly the best job in the world. You’ve made something from the very...
Share schemes & equity management for startups, scaleups and established UK companies.
With two-way Companies House integration, the platform is fast, accurate and powerful.
Manage your portfolio with ease and evaluate potential investments.
The platform is fully synced with Companies House, to provide you with accurate, real-time insight.
Add your investments for complete visibility of your shareholdings. View cap tables and detailed share movements.
Organise investments by fund, geography or sector, and view your portfolio as a whole or by individual company.
Explore future value scenarios based on various growth trajectories, to figure out potential payouts.
Remove friction and save time. Action shareholder resolutions via DocuSign, access data rooms, and get updates from founders.
Set up and manage new SPVs without leaving the platform, then invite co-investors to fund and participate.
Taking your IT services into the cloud can have some great benefits for growing companies, by keeping your costs low and your tech nimble.
As well as making sense for your bottom line, using cloud-based platforms can help to improve the working culture in your business. For example, online apps make a lot of sense if your company wants to support flexible and remote working.
Let’s quickly make the business case for cloud-based tech, and explore how it can have a positive impact on your people and culture.
When you look at plus points of cloud tech, there are a few main benefits to adoption:
These benefits can allow a small company looking to make waves very agile. With your initial costs being lower, you can focus on going after market share with your cash on hand rather than buying a new server stack or software license as your team grows.
As well as the cost benefits, that are likely the number one reason to do anything, using cloud systems and SaaS packages can help you transform your operating model.
Responding to a request for flexible working is a legal requirement in the UK, but you can get ahead of the curve and give options such as…
And using cloud technology will support these choices.
One of the biggest challenges when moving towards flexible working can be managing workflow and goals of the team. Especially when you have colleagues working from home or outside of typical office hours, you want to make sure that they are still maintaining levels of productivity.
There are cloud-based packages that allows your staff to log what they’re working on, submit their work, and even monitor their keystroke rate, should you require that level of oversight.
This should allow you to build trust with your team when you can see that they’re still doing what they’re supposed to, though obviously there’s a fine line here. Trust flows in two directions.
When your team are in different sites and working different hours, you need to know that everyone is up to speed. Rather than trawling through emails to find the right attachment, everyone working on a project can log into a system like Office 365 or Google Drive and see a master document.
This also means that your team don’t work in their own little silo. With multiple people working on a document it will also encourage them to collaborate at every step of the process rather than waiting for tomorrow’s scheduled conference call to pitch in on an idea.
Bringing in flexible working has myriad benefits for your company, among them:
And cloud-based solutions can support these aims.
Workflow management systems will allow you to build a relationship of trust with your staff. You will know that they are doing their work and they are likely to perform better to show you that the trust is well placed. With documents being held in one place everyone can also see that they’re being listened to in a shared project.
As well as managing logistics, cloud systems remove a lot of hassles from a growing business. There are less IT issues to manage and you have access to top-spec software without the top-level price tag. Removing this issue will give you chance to be disruptive. The playing field is levelled when all you need to work with your team is an internet connection, plus creativity, and drive.
Cloud computing can also support your eco-credentials. Because you can scale down, as well as scale up, your server use, you can manage the amount of energy you’re using better. It might not affect your energy bills, but it is still ensuring your company is only using as many resources as it needs.
Cloud based systems is basically a way of outsourcing a chunk of your IT requirements. Storing your data offsite, as well as using tools that update everyone in real time through cloud systems, can make your business more agile – allowing for more collaboration and communication.
Offering flexible working is a great aim for every company to work towards. By taking advantage of SaaS tools like workflow managers and document sharing you can preserve productivity levels, and even boost output with a more engaged workforce.
Growing the business that you’ve started from scratch with your own idea is possibly the best job in the world. You’ve made something from the very...
Gamification in the office isn’t about letting your staff play PUBG at their desks. The concept is pretty new but there are plenty of academics...
Last updated: 12 June 2024. One minute you’ve got an idea for a business and the guts to go with it, then suddenly you’re three years in, have an...