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Articles - start-up

Changes in lease agreement terms? Start-up leading the way!

Explosion of teleworking, advent of flex-office, new organization of spaces: the place of the office in the post-Covid-19 economy is clearly being called into question.

Almost 70 pct of Romanian startups use personal funds for kickoff

Some 69 percent of entrepreneurs used their own funds to start a business in Romania, according to the 2016 Startup Business Barometer study by EY and Impact Hub. These numbers are close to the ones registered in the United States, where 73 percent used their own savings, based on data from the Global Entrepreneurship Monitor 2012 US Report.

Flash Office Solutions to expand the capacity of its start-ups hub

Flash Office Solutions, a company offering instant offices – fully equipped and serviced (reception, phone, IT&C, cleaning etc.) – plans to expand with 150 sq. m in the following period the capacity of the hub launched in the end of 2014 in Maria Rosetti Tower office building.

Fear of failure prevents Romanians from starting new business

Fear of failure remains one of the significant barriers that stops Romanians from opening their own business. Some 65% of the Romanian entrepreneurs believe that society penalizes failure in business whereas 37% of them consider the failure a barrier for their future business projects.

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Alexandra Filip

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