SGS is proud to announce the partnership with Wholesale Investor, a leading private investment platform that will help us connect with professional investors across the world.

Wholesale Investor showcases innovative private companies, small-cap listed companies, and boutique fund managers to a network of 32,000+ leading #venture #investors, ranging from Australia, NZ, ASEAN and the UK.

They have a successful client track record, where they have helped raise funds for:

• Seven unicorns
• 63+ Exits via IPO, Merges or Acquisitions
• Dozens of opportunities with 10x returns

We are looking forward to our joint journey.

The achievements are not limited by time. It is only important to use them wisely. When organizing a working time properly, many tasks can be done successfully while leaving space for a break and personal activities. On the contrary, the absence of an appropriate schedule can result in chaos, leaving a person lost in duties, with many unfinished or half-done, foremost on the dissatisfaction of the client. There is one solution for keeping work efficient and straightforward – time management. But what can be done to make time management clear, fruitful and uplifting?

All the soft skills have the same base – how to organize the time, think over the tasks and do it successfully. Therefore, to manage the time, it is primarily necessary to recognize the priorities, no one’s self capacity and makes a schedule accordingly. Every day 53% of employees waste at least one hour dealing with distractions. Hence if the person focuses quickly on the tasks at the beginning of the working day, it should put more critical meetings earlier in the schedule. For example, using an 80/20 rule, which asserts that 80% of outcomes (or outputs) result from 20% of all causes (or inputs) for any given event, helps efficiently divide the time.

There are many advantages of using time management, for instance, being more productive with less effort, targeting high scores more efficiently, not being under pressure and having a carefree spare time at disposal. All of the stated before is a firm base for satisfied employees, and it is a common belief, which has recently been scientifically proven, that happy employees deliver happy customers. A priority matrix can be designed to help employees build up a production schedule.

Of course, it is vital to have a top-grade schedule, but it is also essential not to procrastinate on the tasks. The delay in carrying out the obligations can result in equal disorder as not having a plan. Some suggest delegating the tasks to coworkers, asking for opinions or help and more importantly, making sure that you, just as your colleagues, do the part of the job you are educated for and/or have experience with. Moreover, when working on a project with unfamiliar information or having little experience, find a source of quality to inform about the proper approach to the task and, if possible, ask for advice from coworkers who have more skills. Striving for new knowledge is always welcomed! Simply, efficiency is an ongoing effort aspiring for more that can give outstanding results when supported with continual personal development.

For practical thinking, a healthy space is a must-have. Therefore, ensure no clutter in the working area, use headphones to grant yourself a larger space, and if possible, bring a touch of nature to create a motivating and calming spot. Provide yourself with a time to think – on a working calendar block off focus time. Feeling relaxed and safe in the office will bring in a productive atmosphere, which is beneficial for striving the operational goals, and desirable for attracting more clients. As a team leader, you can improve time management by pairing together the most efficient colleagues in the group, sharing the team schedule, discussing the requirements, and identifying support.

Nevertheless, it is not only the team members that should be practically aligned. Work-life integration also plays a significant role. Nowadays, the work-life balance is a regular necessity. However, separating the business from personal life is not always achievable. Primarily, a person’s private state of mind affects the mood in the office, which is inevitable, especially with workers employed for a more extended period. Equally, the professional life influences the spare time because making progress and accomplishing goals results in happiness, while failing to reach the target induces stress, depression and self-consciousness. To realize a work-life integration means to do the most to make the best of the day, which is to have time to do the working tasks efficiently and keep the personal life in the first plan.

During the past year,, we experienced the importance of powerful time management by relying on cooperation from a distance. In this period, we learned how to integrate a personal and professional life while staying successful in our tasks and maintaining efficient communication. After the remote work, we continued to grow; we are happy to increase our goals in the office. The accomplishments from the past year raised us to a new opportunity. We are now looking for a new team member ready to discover all the benefits of the collaboration with us! Would you like to find out more? Visit the Teaser!

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HR Tech Startup Funding Scene is on Record High Levels

The latest report from Crunchbase News indicates that funding for the HR tech sector is on an all-time rise, with 260 closed deals this year alone (total value of $3,6b), and 500 done deals last year. This is just a confirmation that more and more companies are dealing with a new way of doing business and that the modern workforce is evolving and transforming. There is an increase of companies seeking new ways of recruiting, hiring, and keeping their workforce while making every penny and cent count. Below is a 5-year graph showcasing the venture funding of HR tech-oriented startups.

Source: Crunchbase News

In the first two weeks of this month, 17 financing rounds in the HR tech area have been revealed. “You’re simply seeing very competitive rounds,” Adam Boutin, a partner at Capital One Growth Ventures, said. “HR technology has grown quite hot in the last two years or so.”

A “nexus” of events

According to people in the business, several themes appear to be combining to make human resource technology attractive to investors right now.

With the demand for talent only growing, employees expect more employment, making them more challenging to keep. Add to that a pandemic that has fundamentally changed how we work and organizations wanting to update from previous generations of HR IT stacks. Everything appears to be aligning for a huge investment moment.

“I’m not surprised,” said Job van der Voort, co-founder and CEO of Remote, whose latest investment was headed by Accel. “Demand for talent has never been stronger, and the recent year has only hastened workforce changes. Work is entirely backwards, and there is no script for it.”

According to Saad Siddiqui, a principal at Telstra Ventures, everything in human resources is changing from how talent is acquired to training to attempting to establish a business culture where workers no longer meet each other in person.

“This all poses challenges,” said Siddiqui, whose business recently participated in the fundraising of Certn, a Canadian application screening startup.

One of the most challenging issues for organizations in HR IT, according to Siddiqui, is figuring out how to retain their “culture” in the new remote-work era.

“There will undoubtedly be more investment here,” he said. “Everyone has spent the previous 16 or 18 months working (remotely), but no one is having fun. So the question is, how can it be made more enjoyable?”

Faster – Higher – Stronger

This summer alone, three venture financing rounds in the HR tech sector exceeded $200 million. Workers, headquartered in Austin, raised $300 million in June, while Eightfold, based in Santa Clara, California, and Gympass, based in Brazil, closed $220 million Series E rounds last month.

Boutin, whose firm also participated in the Eightfold raise and is an investor in the San Francisco-based automated skills-based assessment platform CodeSignal, believes that the introduction of machine learning and AI has been a game-changer for HR tech in recruiting, retention, and performance management.

This is especially true since firms recognize the importance of their employees more now than in the past.

“Companies have traditionally seen human resources as a cost center,” he explained. “Because it didn’t increase sales, they didn’t want to spend money there.” However, more individuals recognize that people are to their advantage.”

Companies are trying to figure out how to “fish for talent in different ponds” to get that “people advantage,” according to Boutin, by using technology to help figure out what candidates may be a good fit for jobs based on their skill set rather than just the job they may have applied for through an overly simplistic online search.

The growing demand for greater diversity and inclusion is also forcing organizations to discover new methods to locate and engage with talent.
Finally, HR departments will be searching for technology that will help them streamline procedures for the remote — or fluid — workforce.

“The onus is on us to make things a lot simpler in this fluid workforce,” he added. “It is the HR department’s responsibility to make this work in this new environment.”

Regardless of how firms depart, more M&A and IPOs will increase investor interest in the area.

“As investors begin to see profits, it becomes simpler to double down, and values just rise,” Siddiqui explained.

Scalable Global Solutions is a Tech DaaS [Department as a Solution] provider that enables clients to hire the best of the best Croatian workforce and build whole departments in Zagreb, Croatia. With a revolutionary combination of Workforce and Software as a Solution, we bring something new to the market.

Right now, we are in our second fundraising round, Seed level, where we want to boost our Sales and Marketing team and expand our Channel Program. Our goal is to raise €5M by the end of 2022, with €250k already invested. For more information, please visit our Investor’s Corner.

Source : Crunchable News

An investment in knowledge pays the best interest, said Benjamin Franklin. Before investing or taking an interest in a certain investment it is advantageous to take into consideration a few factors because some features can contribute to the investment being more or less profitable. One of the key aspects in choosing the right investment type according to personal preferences includes carefully picking up the company which manages costs wisely, allowing the investor to aim for a higher profit in the future, in comparison with some other companies. When considering many facts that affect the costs of operation, especially distinguished are the taxation and location, as the ground of transport and delivery costs, which is important even for the online-working oriented offices. What is currently the best space for making an investment?

The CEE region comprises European countries from Albania at the southeast of Europe to the Baltic Sea at the northwest with Russia as the north boundary, Germany as the west and the Adriatic Sea with Italy as the south border. In 2020 the CEE, along with Russia, showed its power on the market by having a rise of the total value of deals with disclosed value by 11%, despite the number of M&A deals dropping by 16% (Mazars). Moreover, private equity remained exceptionally active in both buyout and exit value, as Lukáš Hruboň described it (Mazars): “Covid-19 is actually creating more opportunities for private equity and financial investors because they generally have sufficient liquidity and HR resources to carry out acquisitions.” In the successful rating, compared to other CEE countries and a few other European states, precede Russia, with total closed deal value in 2020 worth €8bn and is followed by Poland, with total closed deal value the same year worth €7.4bn (Mazers). What makes those countries achieve so well results?

Chief economist for CEE at UniCredit Dan Bucsa said: “Poland and Romania have some of the most diversified fiscal packages worldwide.” Those states are profiting along with other European countries from the fact that Europe has multiform industry and acts in the spectre of numerous sectors such as Automotive industry, Mechanical engineering, Defense industries, Space, Cosmetics and especially relevant at these times, Biotechnology and Chemicals. Furthermore, it is important to point out that the keyword for success in many CEE countries is technology. Avast (Czech Republic), TransferWise (Estonia), Skype (Estonia), Prezi (Hungary) or AeroMobil (Slovakia) – these are a few of many accomplishments that CEE countries achieved and are examples of its strength on the market.

Next to the above-mentioned advantages, it is not surprising that the CEE became one of the most popular spaces for investors to find their opportunities and triumph. As mentioned before, the mega-market that Europe offers will make the business strive for success fast and much more easily than in comparison with other locations. Having well of and affluent countries around, with great traffic connections, the possibilities for targeting desired clients and becoming an enviable competitor on the market are limitless. Being able to hire a well-educated workforce, varying from young and creative people to experienced professionals, for an affordable price, makes the CEE region produce dazzling results with minimum costs of operations. Furthermore, sizably access to funding along with different programs that governments support, as accelerator programs, incubators, co-working spaces, and angel investor funds to support innovation, greatly helps start-ups to flourish.

One of the CEE countries that offers a notable start in Croatia, “one of the great tech success stories of the Adriatic region” (Mazars), whose Infobip in 2020 was the target of the third biggest inbound transaction in the sector of Technology in CEE, and which US’s One Equity Partners acquired for €200m (Mazars). There are many benefits of the Croatian market that will make a start-up become a prosperous business. As an EU member and the CEE state it has all benefits of it, and in some aspects handing even better possibilities: good connectivity with neighbours and other European countries, and non-European states, affordable but first-class workforce, low-prices costs of operation with high-standard solutions and enjoying the process of work with beautiful landscape, delicious food and many other. “Happy employees ensure happy customers. And happy customers ensure happy shareholders – in that order”, said Simon Sinek. With Croatia, you can be assured that satisfaction for all is guaranteed. Would you like to grab a great CEE chance? We are here for you!

Located in Croatia we are striving for the best solutions for our clients while making the best use of available resources. And now we are looking for an individual that looks for something different, with a unique approach and innovative ideas, to keep our growth with advantages for both. It is time to be exceptional!

Visit sgs-daas.com/investment-one-pager to find out more or contact us at www.sgs-daas.com.

There are more than 7.8 billion people on Earth, and this year, only in the USA, 500 corporations generated $13.8 trillion in revenue. With the extension of globalization and a growing number of customers, human needs have never been as varied and enlarged today. Arising population forces us to confront different issues and create fitting solutions. Therefore, every creative idea, up to date invention or original approach is received on the market as the entrance to better tomorrow, with respect, admiration and desire. It is prosperous to take a chance and move forward in such an environment, whether expanding the existing business or founding the company. However, to wend to the desirable direction, beforehand few questions must be taken under consideration:

• How much money do I need for my venture?
• When is the right time to realize my plan?
• What do I need to turn an idea into a desirable product and service?

When starting a business, the location of the potential company will be determined by the focus of the pursuit. That will also affect the price of the founding and the income in the future. Therefore, the location is a significant factor in starting the company or extending the existing one. Following the before mentioned, the CEE, meaning Central and Eastern Europe, is currently one of the most attractive areas in the world to start a company or spread the network in. A little over a decade ago, there were 13 tech companies with a valuation of more than $1billion in Europe, and by 2019, the number increased by 13 times. A few European countries are especially desirable for investing. For instance, Croatia is ranked on The Global Competitiveness Report (2019) as 64th out of 141 countries, with an immensely favourable tax regime for foreigners. To open a business in Croatia or somewhere else will be a minimum cost of starting depending on the location of the company, administrational requirements, working equipment and workforce, and the size of the project that will be established. Hence, savings are a necessity to have a ground for business development. However, other sources are ordinarily used for raising capital, most commonly debt capital and equity capital.

In the time of COVID-19, investment in new business could seem an unstable decision. However, it is not uncommon for specific industries to grow their businesses by the rising demand. Despite COVID-19, the timing for investment could never be better, says numbers that show how deal activity in the first half of 2020 fell just 6% compared with the same period of 2019. Nevertheless, this period introduced different working methods and habits and conducted the companies to create specified documents, customized with the fact that, most of the time, they are presented, shared and signed online, with the lack of personal touch. Therefore, the essential factors which are usually seen in the physical interaction between parties need to be transferred in some other virtual forms.

One of the most critical documents representing the company is the pitch deck.

However, as David Rogier, founder and CEO of online streaming platform MasterClass, said: “You can’t just have a deck and walk through it. It is going to fall flat. Talking over Zoom for an hour with slides is the definition of boredom. Admit that this is awkward and say, ‘Hey, look, I haven’t mastered the craft of pitching over Zoom. It will be boring if I’m just talking for the full hour.'” In the online presenting, it is essential to introduce the listener to the critical material and establish contact with the interlocutor by proposing ideas, discussing the potential outcomes, sharing experiences, etc. To be prudent, a few steps must be done before the presentation.

For future investors, it is essential to know some ground information about the company: what makes the presented company stand out on the market, the potential risk and planned future growth, and the proper legal structure. To point out the advantages of the investment in the company, a few facts and figures can be crucial, such as revenue projections in the growth model, description and functionality of each of the offices, listed strategic partners and locational reach of the operations. Of course, developing a strategy and growing a business initially requires having a vision and thinking long-term. Only with a reliable and solid plan the idea can be spread, ingrained, achieved and most importantly, further developed.

That is the reason why we are here! Our company started its journey not long before the pandemic but established the confident basis for work and growth. Confronted with day to day changes, we adjusted to the situation with various methods and kept our focus on one place – how to be(come) – be here and great and become even better. Thanks to our creative and ambitious team, we are proud to say that we have entered a new development stage, which allows us to reach even more targets. If you are interested in becoming a part of our team and progressing with us, visit our one-pager for details, and contact us to hear more!

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