• Home
  • About Us
  • Write Us
Over Head Productions

  • Finance
  • Corporate
  • Management
  • Sales
  • Business
  • Home
  • Business
  • Startups And Small Businesses: Get Funding, Innovation And Growth

Startups And Small Businesses: Get Funding, Innovation And Growth

John Honore
October 26, 2019 Comments Off on Startups And Small Businesses: Get Funding, Innovation And Growth
Funding Growth Innovation Small

Most people do not actually distinguish between Startups and SMEs (i.e. small businesses). But they are actually two different entities. For many outsiders, a startup should stay as an idea, or some HK college students testing out the water in the market (or local society). But it is not that simple.

A startup in Hong Kong is usually a temporary team assembled to search for a repeatable and scalable business model, or build a software product (should it be related in the field of technology, or a technology solution to enhance a traditional business). A startup is the stage of a company in which the founders and his peers are searching for solution to a specific problem (that happens to a specific group of users). The solution would be reflected in the product that the start-up is developing. Once the product is built in its minimal viable product form, the startup enters its stage two where the founder’s main goal is to sell the product to the customers and generate sustainable revenue (for continuous growth).

Getting funds for the HK startup has always be a problem for many founders and co-founders. The main reason for getting angel investors to invest in the Hong Kong start-up in the early stage is to ensure the continuous growth of the business, or while the start-up is busy developing the software product, it will not run out of cash to pay its monthly bills. The funding is additional cash usually in the form of diluted equity. i.e. It is sharing profits with other investor or owners. Prior to getting funds from investors, the one very important step is to go through the Hong Kong company registry.

The main mission behind the startup is to build the product or solution. The outcome of this would translate into a scalable and repeatable business growth. Not all Hong Kong startups would have the opportunities to grow into a disruptive company that has a significant impact on the existing market and even create a new market of its own. But that is what the mission is all about.

The SME is rather an independently owned organization. A typical Hong Kong SME in general sells known products to known customers in a known market. It does not actually have a mission to innovate or create a new technology product to solve very specific problems of users. In order for startups to grow into a large disruptive enterprise, they seek additional funding by way of diluted equity. (sharing profits with other investor/owners and so losing a measure of control). This is the concept of relinquishing control of a startup. But in a HK SME, the owner would run his own business.

Post navigation

How to Run a Fundraising Event
Get Siby varghese Forex trader for earning more money through Forex Trading

Related Articles

Mistakes to Avoid When Booking a Business Trip Massage

Paul Watsen
May 6, 2025May 6, 2025 Comments Off on Mistakes to Avoid When Booking a Business Trip Massage

Are Noise Barrier Sheets the Best-Kept Secret in Noise Reduction?

Robert Kill
March 6, 2025March 24, 2025 Comments Off on Are Noise Barrier Sheets the Best-Kept Secret in Noise Reduction?
Grow a Chocolate Business

Top Tips to Grow a Chocolate Business and Attract More Customers

John Honore
February 2, 2025February 2, 2025 Comments Off on Top Tips to Grow a Chocolate Business and Attract More Customers

Categories

  • Accounting
  • Business
  • Business Management
  • Contractor
  • Corporate
  • Featured
  • Finance
  • Industruy
  • Laboratory
  • Law
  • Loan
  • Management
  • Marketing
  • Mortgage
  • Property management
  • Sales
  • Software
  • Tech

Recent Posts

Mistakes to Avoid When Booking a Business Trip Massage

Paul Watsen - Business
May 6, 2025May 6, 2025 Comments Off on Mistakes to Avoid When Booking a Business Trip Massage

Most business trips are full of meetings, presentations, and events...

Dog Waste Cleanup

How Often Should You Use a Dog Waste Cleanup Service?

April 23, 2025

How to Use Moving Averages to Trade Stock Top Losers

April 2, 2025April 2, 2025
Field Marking Paints

Field Marking Paints: Essential Tips for Professional-Looking Sports Fields

March 6, 2025

Advertisement

Tags

Additional Benefits approach Budget Business Trip Cashless facilities cashless hospitalization claim Company consume depend Digital Strategy Documentation documents environmental extra discount for storage Flotilla Free health check-ups Funding Growth Innovation insurance Medical history meticulous monitor transactions Organ donation expenses Premium received renewal age retardant Small solid explorer solid explorer tv solid explore tv box Spacecraft startup studying sub-limit Tax benefits Technicality Term Trustworthy Web Developers TV file explorer TV file manager Waiting period website development agency

Thanks for the support

Capital Gains Tax Advice

Latest Posts

Mistakes to Avoid When Booking a Business Trip Massage

May 6, 2025May 6, 2025
Dog Waste Cleanup

How Often Should You Use a Dog Waste Cleanup Service?

April 23, 2025

How to Use Moving Averages to Trade Stock Top Losers

April 2, 2025April 2, 2025

Featured

© 2024 overheadproductions.net. Designed by overheadproductions.net.