Startups Blog

Healthcare is a multibillion-dollar industry, with the United States and Canada accounting for more than $6.5 trillion in spending each year. As consumers demand more convenience and choice, health apps have emerged as a promising solution to address some of the most pressing challenges facing pharmacies today.

Pharmacy apps are designed to streamline every step of the consumer journey—from prescription management to drug interaction checks and refill reminders, according to data from the app development platform Tonic Health.

If you are in the business of making money, you know what it takes to stay ahead of your competitors. The best way to achieve this is by implementing an effective strategy into your company's operations. Ideally, this means adopting a new financial software that enables you to manage everything from accounting and inventory to payroll processing—all from one convenient location.

In the world of startups, failure is often seen as a rite of passage. It’s not uncommon to hear the adage, "Fail fast, fail often." Yet, while many startups do fail, some entrepreneurs use these failures as stepping stones to eventual success. Here are some inspiring tales of startup founders who faced multiple setbacks before finally breaking through.

In the past decade, the world has witnessed an unprecedented surge in the development of clean energy sources to address the growing concerns about climate change. Among these developments, an unexpected yet intriguing contender has emerged: the Small Modular Nuclear Reactor (SMR). Aided by a wave of new startups, SMRs have risen in the limelight as a promising answer to sustainable and reliable energy needs.

In the era of digital transformation, companies are increasingly relying on Software-as-a-Service (SaaS) applications to streamline operations, foster collaboration, and drive innovation. However, with the proliferation of these tools, managing costs associated with SaaS subscriptions has become a focal concern for financial departments.

Building your business is a great way to leave a mark, pursue your purpose, and make money on your own terms. But the risks can be significant, as well. According to the US Bureau of Labor Statistics, 20% of new businesses fail within their first year. That's a 1 in 5 chance your startup won't make it off the ground.

Given these odds, it's natural to ask what the secret is for the businesses that do make it. It could be luck, timing, or a unique idea. There isn't a straightforward answer, but looking at all the greatest startup stories, there's one common thread: excellent execution.

Let us elaborate.

As we look ahead to 2025, the landscape of startups appears set for transformation. Innovations in technology and the relentless march of Artificial Intelligence (AI) and other cutting-edge domains are reshaping the fundamentals of entrepreneurship. But how will startups of the future look in this dynamically changing environment? Drawing on current trends, let's project the trajectory of the startup ecosystem.

Getting a startup off the ground can be a herculean task. One of the most significant challenges faced by entrepreneurs is securing funds to scale their business ideas. If you're looking for alternative funding sources beyond venture capital or bank loans, U.S. government grants can be a golden opportunity. In this guide, we will walk you through the step-by-step process of applying for these grants.