The biggest challenges for startups in 2022 and how to overcome them, according to business consultants [DesignRush QuickSights]

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2021 has seen a record number of new business start-ups amid the pandemic. DesignRush reached out to business consultants to uncover the biggest challenges facing startups in 2022 and how to tackle them.

MIAMI, March 23, 2022 /PRNewswire-PRWeb/ — The Census Bureau reported nearly 5.4 million new business applications in 2021, a 53% increase from 2019. Interestingly, industries heavily impacted by the COVID-19 pandemic saw the most gains in new apps. But given the great competition, it’s hard to say how many of these startups will turn into real money-making businesses.

DesignRush, a B2B marketplace connecting businesses to agencies, leveraged its network of 13,000 agencies to get quick insights – or “QuickSights” – on the biggest startup challenges in 2022 and how to tackle them. .

1) HIRE GREAT TALENT

According to catherine mattice, SHRM-SCP, Founder and CEO of Civility Partners, The Great Resignation has led startups to struggle to hire great talent, especially if they can’t afford to offer competitive salaries. Mattice thinks the best way to overcome this challenge is to promote a positive work culture during the hiring process.

“The big quit leaves startups struggling to hire great talent if they can’t afford to keep up with recent salary increases,” Mattice said. “Studies show [that] people want great culture over money any day of the week. So, [startups can] get over it [challenge] with great culture and [highlight] this within the framework of [their] recruitment effort. »

Andy Najar, COO of FutureSolve, also sees hiring talent as one of the biggest challenges. Najjar suggests using AI for recruiting to make the talent acquisition process smoother, at the very least.

“Today, the sourcing of talent in Artificial Intelligence allows companies to find, […] approach and access the same talents [while] create a proactive hiring strategy,” Najjar said.

2) HIGH STAKES AND HUGE COMPETITION

In the opinion of Uyen NguyenKotwel CEO, The stakes for startups are high and the competition is huge in 2022. Nguyen also suggests using AI to rise to the challenge and gain a market edge.

“The stakes are high for startups in 2022 as competitors continue to fight for the same market share,” Nguyen said. “This leads to a need for startups to distinguish themselves from others: by getting ahead of the competition in areas of technology and innovation such as Artificial Intelligence (AI) and [Augmented Reality] (AR).”

DesignRush released March’s list of top business consulting firms that help startups overcome challenges, identify opportunities and improve performance:

1. Civility Partners – civilitypartners.com
Expertise: conflict management, leadership development, performance management and more

2. Cloudester Software LLP – cloudester.com
Expertise: web design, web development, application development, etc.

3. Kotwel – kotwel.com
Expertise: AI training data, data collection, data annotation, etc.

4. Flatline Agency – flatlineagency.com
Expertise: e-commerce development, application development, website development, etc.

5. iamrobert – iamrobert.com
Expertise: analysis and research, web design, branding and more

6. Stratosphere – joinstratosphere.com
Expertise: website design and development, digital marketing, reputation management and more

7. Atomic Revenue – atomicrevenue.com
Expertise: lead generation, sales conversion, revenue operations and more

8. Out2Bound – out2bound.com
Expertise: sales consulting, IT consulting, lead generation, etc.

9. Skaled – skaled.com
Expertise: sales transformation, sales operations, organizational alignment and more

10. Quality Media Consultant Group LLC – qualitymediaconsultants.com
Expertise: corporate training, pricing strategy, brand marketing and more

11. World Money Group – worldmoneygroup.net
Expertise: investment management, trading strategies, personal finance and more

12. 90 Day Profit Breakthrough – 90dayprofitbreakthrough.com
Expertise: lead generation, marketing consulting, corporate training, etc.

13. FutureSolve – futuresolve.com
Expertise: strategic CHRO, agile leadership, HR technology and more

Brands can explore the best business consulting firms by location, size, average hourly rate, and portfolio on DesignRush.

About DesignRush:

DesignRush.com is a B2B marketplace connecting businesses and agencies through expert reviews and agency rankings, awards, knowledge resources, and personalized agency recommendations for approved projects.

Media Contact

Maja Dukadinovska, DesignRush, 8008565417, [email protected]

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