Many people dream of becoming entrepreneurs, and often the biggest...
Letting technology do the heavy lifting for certain monotonous tasks...
As more businesses transition to Software-as-a-Service (SaaS) solutions,...
For portfolio companies, whether backed by private equity,...
January 18, 2022
Since the advent of COVID-19, the world that existed prior to 2019 has undergone a sea change in terms of individual choices, ways of living, jobs, businesses, recreation and beyond.
Priorities have changed for most people and businesses alike. Some things once deemed indispensable just don’t hold any water at present. Let’s take, for example, the Great Resignation wave that has gripped businesses and workers alike. People have new expectations from employers, and companies are trying to adapt.
One thing is for certain — the age of the entrepreneur is here. Through September 2021, a record 1.4 million people filed for a new business license to launch their own venture. Analysts say the culture of YOLO, or “you only live once,” helps explain why people are making decisions they wouldn’t have considered prior to the pandemic.
Even amid this time of uncertainty, a few key percolating trends are piquing interest from venture capitalists. Here we look at five such trends for 2022.
In the last two years, the business world has largely shifted online for connecting with other people. But as large in-person events return, they will likely be accompanied by a smaller virtual component, or vice versa. This fusion of business processes promises flexibility and convenience. Bizzabo, a platform to plan and run virtual and in-person conferences, is an example of a company in this space.
The year will bring renewed interest in the ESG impact of businesses, analysts say. Not only will ESG missives be monitored by the public, but more employees nowadays seek to align themselves with companies that prioritize sustainability. On the other hand, naysayers caution that ESG has become a trendy buzzword and that a day of reckoning could be ahead.
Crypto mania shows no signs of slowing down. Now, even U.S. lawmakers and sovereign nations are watching crypto closely. The application of blockchain, which is a database of all crypto transactions, is among the most-discussed disruptive technologies. Blockchain is expected to continue to foster innovation in avenues where authenticity and proof are required, making it even more useful in fields such as banking, high-value transactions, certification, insurance and beyond. The increased accessibility of blockchain combined with no-code technology is set to give traditional businesses a run for their money in the race to be lean and efficient.
Real estate is poised for huge growth in 2022 as the technology-averse sector begins to embrace tech. Industry experts believe that tech-forward, innovative real estate companies are positioned to thrive in coming years, with the ones that shun change projected to fall behind.
With the advent of the pandemic and subsequent supply chain bottlenecks, one thing is undeniable: the need for self-sufficiency has soared. Finishing a product and putting it out in the market on time has taken on a new urgency for businesses. This has led many companies to advocate that supporting firms and vendors move closer to them; in other words, they are calling for a localization of supply chains in 2022.
Escalon has helped over 5,000 companies across a range of industries to optimize routine business functions, like HR and payroll, and operate more efficiently. Talk to an expert today.
Our team is made up of seasoned professionals who bring years of industry experience to the table. You gain a trusted advisor who understands your business inside out.
Say goodbye to the hassles of hiring, training and managing in-house finance teams. You will never have to worry about unexpected leave of absence or retraining new employees.
Whether you’re a small business or a global powerhouse, our solutions scale with your needs. We eliminate inefficiencies, reduce costs and help you focus on growing your business.
As more businesses transition to Software-as-a-Service (SaaS) solutions, data security and regulatory compliance have become top priorities. From handling sensitive...
For portfolio companies, whether backed by private equity, venture capital, or family offices, scalability is essential for maximizing value and...
Insights from a Consumer Goods Expert: Building Brands, Inventory Management, and the Power of Outsourcing In a recent conversation with...
Private equity deals are becoming larger and more complex, making financial preparation a critical part of the process. Take Novartis’s...
Biotech startups operate in a unique financial landscape, where securing grants, venture capital, and government funding is crucial for driving...
As the world leans into the decentralized era, Web3 startups are at the forefront, exploring the possibilities of blockchain, cryptocurrencies,...
Managing payroll can be complicated in any industry, but it becomes especially challenging in the consumer goods sector, where...
Nonprofit organizations often rely on grant funding to carry out their missions, whether that involves community development, education, healthcare, or...
In today’s hyper-connected media landscape, safeguarding intellectual property (IP) and expertly managing contracts are indispensable for success. Media companies—from traditional...