When we read survey results about business survival, prospects are not motivating. A study by Turner Little reveals that 8 in 10 companies fail within their first year and research from the Enterprise Research Centre concluded that ‘London start-ups are most likely to fail’. That’s why when we see Hatch defying these odds and celebrating its first birthday on the 4th July, we fill our chests with pride... What an achievement!
It’s not easy to transform an idea into a profitable business. If you are curious to know how Hatch hatched it, Gary Toomey, Founder and Managing Director, explores the six key areas which he believes are essential for a business to survive their first year. Check them out below.p>
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