Startups

Startups are newly established businesses, typically in their initial stages of operation. They are often characterised by innovation and a focus on developing a unique product or service to meet a market need. Startups usually seek to grow rapidly and may seek funding from investors to scale their operations. They can be organised as sole proprietorships, partnerships, or corporations and often operate in emerging industries or sectors. The startup phase is often associated with uncertainty and risk, as many new businesses face challenges in achieving profitability and sustainability.