Startups must ensure growth and sustainability by creating contingency plans and resilient business models as they deal with various risks, such as global economic volatility, regulatory challenges and cybersecurity threats.
In the investment phase of startups, the rights of the company should be protected by paying attention to legal documents, and the financial structure should be strengthened by methods such as capital increase and share transfer.
Key factors for success in startups: Vision, problem solving, team, agility, financial management, networking, marketing and flexibility
For SMEs, sustainability delivers reputation enhancement, cost reduction, access to finance and risk mitigation.