Ritam Gandhi, director and founder of Studio Graphene, shares some advice to help tech entrepreneurs safeguard the longevity of their businesses.
The UK rightly receives a lot of praise for its startup ecosystem, with new businesses emerging at a tremendous pace across the country. In fact, last year alone saw 589,000 new companies established in the UK, while between 2012 and 2017 a total of 3.5 million startups were launched.
Tech, in all its wonderful guises, has been at the heart of this explosion in entrepreneurial talent. The often-quoted stat from KPMG claims that a new technology business is formed somewhere in the UK every hour.
However, without wanting to be the bearer of bad news, there are other important figures that tell a fuller picture....