The Know-it Blog

Nine in ten (93 percent) businesses are currently waiting on late payments from customers, according to new research. For medium sized enterprises with 50 to 249 staff, those waiting on late payments rises again to 94 per cent. Interruption of cash flow can be a result of delayed payments that negatively impact a business’ income …

You’re not alone – 93% of organisations experience late payments Read More »

The competition winners will be announced at the Regional Finals in March 2022. 12 inspiring female founders have been named as this year’s AccelerateHER awards finalists in partnership with Barclays Eagle Labs. The influential Scottish women have been shortlisted for their aspirational work in fields of Science and MedTech; FinTech, Data Science and Cybersecurity; CleanTech, Climate and …

12 Scottish Businesswomen Named as AccelerateHER Awards Finalists Read More »

Fluctuations in interest rates can be baffling for small businesses, and some may even think that they won’t be affected. Lynne Darcey Quigley, Founder and CEO of Know-it, explains what the new figures really mean – and it’s not all bad news. Interest rates have now climbed from 0.1% to 0.25%. It’s the most significant rise …

What does an interest rate rise mean for your business? Read More »

Fluctuations in interest rates can be baffling for small businesses. Lynne Darcey Quigley, CEO of Know-it, explains what the new figures really mean – and it’s not all bad news. For the first time in a long time, the Bank of England has increased interest rates. Interest rates have now climbed from 0.1% to 0.25%. It’s the most …

What an Interest Rate Rise Means for Your Business Read More »

Digital transformation promises higher revenues, but SMEs are hardly rushing to change. Despite the various benefits of digital transformation, small- and medium-sized enterprises (SMEs) in the UK are dragging their feet, new research suggests. According to a report from UK-based bank NatWest, based on a survey of 1,000 SMEs, only a fifth are open to …

SMEs are dragging their feet over digital transformation Read More »

With 2022 set to be an exciting year for Scottish tech, DIGIT explores some of the companies expected to grab headlines. Many Scottish tech companies will have entered 2022 with a new-found sense of optimism and excitement. Despite challenging conditions, the Scottish tech sector performed well in 2021, with several notable acquisitions, expansions and investment deals. Statistics published by Dealroom in December revealed …

15 Scottish Tech Companies to Watch in 2022 Read More »

Just one in five small businesses in the UK is open to digital transformation, despite it making them two and a half times more likely to experience a 20 percent or more increase in revenue. The finding comes from NatWest bank’s latest Springboard to Recovery report which is based on research from a survey of 1,000 small …

Only 20 percent of UK smaller businesses are ‘tech-savvy’ Read More »

Only a fifth of smaller businesses are “tech-savvy” despite the potential boost to turnover, a new survey suggests. Royal Bank of Scotland parent NatWest’s Springboard to Recovery report found that tech is more critical than ever to the success of an SME (small and medium-sized enterprise), yet “far too few” businesses are open to modern …

Just a fifth of small businesses ‘tech-savvy’ despite potential boost to bottom-line Read More »

Regional winners of Rising Stars contest for tech start-ups unveiled. From AI to pharma, farming to fintech, a nationwide initiative is casting a spotlight on the hottest tech startups. Now in its fourth edition, Tech Nation’s Rising Stars competition aims to identify and support the UK’s most disruptive tech upstarts. And after months of entries …

UK’s most exciting early-stage tech companies revealed Read More »