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The Age of Technology

Top Technology Trends to Watch in 2018:
AI; intelligent Apps and Analytics; Intelligent Things; Cloud Technology, Immersive Experience; Conversational Platform; Immersive Experience; Blockchain; Event Driven and Cyber Security.

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B&F Services to Exhibit at Tech Day London 2018

B&F Services at King William Street, London will be joining over 200 participants at one of London’s biggest start-up events Tech Day London at Old Billingsgate, London on the 26th of October. This exciting opportunity has arisen for London’s business consultancy service for small and medium-sized businesses, to exhibit at this year's event, showcasing services in helping to get investment ready and business planning – educating start-ups on the process of crowdfunding and finding the right investors. B&F services started in 2005 and have since helped to established 3,200 businesses across Europe and in particular the UK, working alongside entrepreneurs and small and medium businesses, helping them to raise over £55,000,000 by offering a range of services, covering all industries. Furthermore, to their services in funding, B&F Services also offers additional help and advice on accounting and marketing.
 
Operations Director, Ewa Dudek has commented on B&F Services’ aims and the importance of seeing their customers reach their goals: “For us at B&F services, we are proud to be able to not only help our clients set out their targets and goals through our range of services, enabling them to reach their full potential but for us to also be there with them every step of the way. It is important for us that we are not only helping SMEs get investment ready, but we are also aiding our clients through the process, by finding the right investors for their business. Anyone that has started a small business on their own knows that it can be challenging and daunting, but that’s why we are here to offer our advice and support.”Ewa Dudek, Operations Director at B&F Services.
 
Despite, all the brands seen on the streets of the UK, it is actually SMEs that make up the largest amount of the UK economy at 5.7 million (99%) in the UK last year and around one-third of UK business growth is in London, standing at approximately 1.1million. For B&F Services this is an important factor, proving that SMEs have the ability to thrive in our economy, and thus, the ability to reach their full potential, with B&F Services helping entrepreneurs and SMEs see it through every step of the way, from finding the right marketing strategy for a company to helping them design their website and the promotion of their products or services. B&F Services strives to provide their clientele with the opportunity to make the impossible, possible, through their dedication to ensuring that all areas and bases are covered from crowdfunding and investing to business planning, marketing, and promotions.
 
Director, Dr Farhad Reyazat has commented further on this: “The number of people starting-up is on the rise with approximately 543,000 each month, we cannot wait to show more people how B&F Services can help get the appropriate funding and help in starting up their own businesses. We believe that we have the ability and potential to help small and medium-sized businesses harness the power, which will, in turn, make for a more effective growth in business. For us to be able to showcase our services at Tech Day London this year is major, we are honoured to have the opportunity to exhibit here, educating on the amazing opportunities that are out there waiting.” – Dr Farhad Reyazat, PhD, Director of B&F Services and CEO of Smarty Software.
 
B&F Services, over the years, has opened themselves up to a broad range of industries, from events and wedding planning, restaurants, and coffee shops to even estate agencies. Through equity-based funding, this has provided B&F Services with the opportunity to help clientele in the areas mentioned increase funding for their small businesses through the processes of raising capital through the sales of shares within a business, helping clients find the right investors for their small business no matter what their financial status is, with their current success rate standing at 96% of having helped secure funding through their business plans for their clients. Working hard to help promote businesses, there is an extensive range of services to choose from, like standard business plans, marketing plans, financial and executive business plans, all at affordable costs. As well as this, B&F states that if a client cannot find a plan they are looking for, then they are more than happy to help customise one for you, this is something a lot of other business consultants cannot offer their clients. 
 
Including B&F Services, Tech Day London, is one of London’s largest start-up events, this year has over 200 start-up participants, where they will be promoting their services and offering advice to both investors and start-up businesses at this year's event. Tech Day London was created in 2012 in order to allow brands to showcase their ideas on a platform, where they can present their work, providing talks and demos on how their products will work and can make a difference, thus also allowing investors the opportunity to also see what is out there, it has since hosted some of the largest firms today, like Uber, and has become one of the best opportunities to present growing work ideas to fellow businesses and investors, supplying a gap in which to get your foot in the door.
 
To attend Tech Day London for free, please follow this link https://techdayhq.com/london/attendee-registration/tier_2/gbp and enter the code LDNFREE to get your free Fast Pass.


For more information, press only:
 
Info@bandfbusinessplans.co.uk
tel:+44(0)203 637 6137


 

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Are MedTech Startups the Future?

The British Business Bank data on the healthcare and medtech start up UK environment reveals some telltale signs. According to the UK Small Business Equity Tracker Report, the  third largest technology sub-sector in 2017 by deal number was medtech with 48 deals and a total of £125m invested. In comparison the total investment in 2017 was in 1,487 deals valued at £5.9bn. One notable investment was in London based, Orchard Therapeutics. The company was co-founded by Andrea Spezzi and a group of ex-Glaxo-SmithKline staffers dedicated to transforming the lives of patients with rare diseases through innovative gene therapies. The startup ranked at number nine in the Top Ten Largest Equity deals for 2017.

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Get Crowdfunding Ready

With the use of technology on the rise, crowdfunding has been introduced to small business owners as an easy to use, accessible online platform, that takes on the practice of funding a project by raising small amounts of money at a time from a large number of people, or investors. Every aspect of running a business, if it is a start-up or current will continuously require an amount of research, careful planning and preparation, but  with a single platform to showcase products and or services, crowdfunding can have the ability to help small business owners grow at a fast pace by enabling the company or business to promote themselves online with the use of social media platforms. There can be a lot to take on board and organise when starting-up.

Ensuring that you have the financial ability to kickstart your new business venture and to help it grow can be stressful and worrying at times, but with crowdfunding, it can be easier. Crowdfunding today is one of the easiest and best routes to getting investors excited about your business and the products or services you have to offer.

There are many different types of crowdfunding to choose from, such as – donation-based crowdfunding, where there is no financial return to investors or contributors; reward-based  crowdfunding, which, involves an individual who has contributed to a campaign in exchange for a “reward” (as stated in the name), this could be in the likes of receiving a form of the product or service itself. And lastly, equity-based crowdfunding, this allows contributors to the campaign to become part or shared owners, by exchanging capital in return for equity shares.

To get your crowdfunding campaign started there are typically 6 steps you should follow when starting up:

1.    Project ready

Whether this is a current business or start-up, you should have a business plan ready to present to your potential investors. This should be detailed and clear; outlining your aims and what you hope to achieve through your business, how it will work and how you would like for your business to grow. Use your business plan to your full potential to really grab attention. Your onlookers should feel when looking through your business plan the passion and work that you, yourself have invested into it and like they know it as well as you do. At the end of the day, someone would not invest in something that they do not know much about.

2.    Write up a budget and set a realistic funding target

To get investors interested in your crowdfunding campaign, you should write up a budget and outline what your funding target is to inform investors on why you need money, how much you need and what it will be used for. But don’t forget, not all help is financial help, you can also ask supporters to donate their free time and skills to your venture too.
 
3.    Make a pitch

To really grab attention on your new business, it is useful to create a short video explaining a bit about you, what your business is, why you need the investors to invest in your business and how it will make a difference, whether that will be to the economy, community or both.

4.    Find a platform that suits you

There are many crowdfunding platforms out there now that can help get you started, no matter what your business plans are, such as Seedrs, CrowdCube, Funding Circle and that’s just to name a few! Each crowdfunding platform offers a different choice of funding options, do your research to make sure you’re picking the right one for you.

5.    Begin your campaign

With everyone being online now, there is no better way to promote your business than through the use of social media and emails! This will enable you to show off your work and ideas to not only friends and family, but potential donors and investors too! When starting off on social media, make sure you have a coordinated plan of what you are going to post. Statistics show, that 20% of your posts should be used to promote your crowdfunding campaign and donations – put it out there and get people into supporting you, get them to help share your campaign with others and inform them of when and how they can donate. While, the remaining 80% should be used to promote and showcase your products, and or services.

6.    Keep in the loop and say your thanks

Throughout your crowdfunding campaign, it is important to keep your supporters updated on how you’re doing and how close you are to your target– they want to help you succeed. Throughout the process and at the end of it all though, be sure to say your thanks to those that have donated or invested, let them know how their money will help you to make a difference.

Be sure to do some research on it all, before going into anything, scope out the competition to get a sense on similar projects, rewards and promotions that have worked well. It is important to remember when starting a crowdfunding campaign that there are experts out there to talk to that can help advise on the different options and help set out a path to finding the right type of investor for your business.

For further advice and assistance on crowdfunding and finding the best plan for you; then please contact our team in London on 0203 637 6365 or through our contact and enquiry form.
 

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