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![]() Challenges and Opportunities of Start-ups During the Time of Covid-19![]() During the COVID-19 crisis, start-ups have continued to play a critical role in economies. Some innovative young firms have reacted fast and flexibly to the pandemic, and have been critical in helping many countries shift towards fully digital work, teaching, and health services, and have provided innovations in medical goods and services. Most existing start-ups face significant challenges due to the COVID-19 crisis, as they are more unsafe than older incumbents to the shock brought by the pandemic. They tend to engage in high-risk activities compared with other small and medium-sized firms (SMEs), face constraints in accessing traditional funding and have a formative relationship at best with suppliers and customers. They also often crucially rely on a small founding body, and this can further increase their unsafety to labour supply shocks during pandemics. Read More > |
As the COVID-19 pandemic continues to create uncertainty, many fintech is under pressure on a number of fronts. But, as the broader economy shifts from "respond" to "recover", new opportunities may be created for some fintech. A key question is how fintech may leverage their unique assets and skills to seize new opportunities in the future. It could be an opportune time to think big and act boldly. Yet as the broader economy shifts from response to recovery, COVID-19 may create new opportunities for some fintech. For example, as social distancing has taken hold worldwide, there has been tremendous growth in the use of digital financial services and e-commerce. The current uncertainty has placed businesses everywhere under economic duress, and fintech is no exception. But many in the sector are already rising to the challenge, adjusting their products and services to meet the needs of customers. |
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10 Crucial Features for an On-Demand Services App![]() The new on-demand technology has completely revolutionized the internet. Everyone is so busy with their careers, and their family lives that there isn't much time to handle everything at the same time! What exactly are these on-demand services? On-demand services are something that you can opt for while being in the comfort of your home. An on-demand services app, on the other hand, can be downloaded for no cost or at a small price to bridge the gap between the customer's needs and the customers! These services are a huge stepping stone in mobile app development. Since everybody reaches for their mobiles to make their lives easier, an on-demand services app can be the perfect choice for your business. On-demand businesses are so popular nowadays because people look for quick and accessible services to be delivered to their doorsteps whether it is food, beauty services, courier, transportation, and of course, buying! Read More > |
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