Der kleine Gourmet GmbH was founded in April 2017 by Kim and Vero. The idea for their own spice start-up arose from a common hobby and a mutual love of cooking. Back then, we started with 33 different spice blends and set up our own online shop. The idea was to sell mainly online. We now have over 80 dealers in the brick-and-mortar retail trade.
We actually both come from completely different backgrounds. Veronika is a trained event manager and had previously planned trade fairs and events. She did her training in Cologne at the Cologne Trade Fair and then worked in the event sector. After graduating from high school, Kim studied business law in Frankfurt. But it was always clear to both of us that we wanted to do something of our own and be independent. And that’s how our spice start-up came about at the end of 2016. We make a good team because each of us covers different areas in the company. By the way, we are also a couple in private life.
Actually, we don’t see ourselves as part of the food service industry. We see our business in online trading. The Corona crisis was indeed a big challenge because the future was so uncertain. Nobody knew how things were going to develop. The current situation causes us more concern because it is difficult for a start-up to absorb all the price increases and delivery delays. As a start-up, you don’t have the financial reserves or resources to wait out a situation like this indefinitely.
Finding financing as a start-up is particularly difficult because banks usually want to see positive figures and business reports. However, especially in first couple of years, it may not be possible to show them. As a business owner or managing director, you usually also have to vouch for the company with your private assets.
We are already in the middle of planning for our Christmas business. Because we offer individual products for some corporate clients, the Christmas business usually starts as early as June. We also hope that inflation and the war in Ukraine will soon calm down so that the situation on the market can return to normal.
In the realm of business financing, credit scores play a vital role in determining an individual or company's creditworthiness. A credit score numerically represents an individual's or business's credit history, indicating their likelihood of repaying loans. This article will delve into the concept of credit scores, highlighting their significance for obtaining business loans.
In recent years, the financial technology (fintech) industry has experienced exponential growth, revolutionizing various sectors within the financial landscape. One area that has undergone significant transformation is the traditional lending industry. Fintech companies have emerged as disruptors, leveraging technology and innovative business models to challenge traditional financial institutions.
While traditional funding sources like venture capital and bank loans have long been popular options, today's entrepreneurs have various alternative financing options at their disposal. This article will explore the world of alternative financing for startups, exploring innovative approaches to help founders fund their ventures and bring their ideas to life.
Explore the advantages and disadvantages of self-financing and debt financing for businesses. Learn how to choose between these two financing options based on your goals and circumstances.
As a business owner, you may need financing for various reasons, such as expanding operations, purchasing new equipment, or improving cash flow. However, choosing the right financing option for your business can be daunting, especially with so many available options. In this article, we'll guide you through the process of selecting the right financing option for your business.
As an entrepreneur, you're likely managing multiple bank accounts for your business, including checking accounts, savings accounts, credit lines, and more. Keeping track of all your accounts can be a time-consuming and frustrating task. That's where multibanking comes in. In this article, we'll explore what multibanking is, how it works, and why it's advantageous for entrepreneurs.
In order keep back taxes as low as possible, small business owners need to know what they can deduct as business expenses in their tax returns. We show how companies can deduct all the important items – and explain what else they should look out for.
We spoke to our customer Markus Berl, founder of Berl-IT GmbH, about the challenges of supporting small and medium-sized enterprises on their way to digitization and what goals they want to achieve in the industry with the strongest demand and growth.
In our conversation with Christine Zapodeanu from grau zu grün GmbH, we gained some fascinating insights into the prospects and difficulties of start-ups in the field of renewable energies. We also spoke with her about her business goals and visions as well as working together in a young team.
Several factors have played an aggravating role for SMEs when it comes to obtaining credit. First, a hard process of concentration and rationalisation has been taking place at the banks. The traditional house banks of SMEs – the cooperative banks and savings banks – are particularly affected by this. As a result, contact persons are lost, credit approval is made according to new rules and in an increasingly automated way, and changes in business policy often exclude entire sectors.
We enjoy talking to business founders – it's the only way Puls can find how to become even better and more user-friendly. In this one, we spoke to the founders of mykraut Leon und Jens about their journey since founding the company in 2018, why working with the B2B segment is both exciting and challenging, and how to finance big orders.
Service & Handel Wüst GmbH is an up-and-coming trading company specialising in e-commerce. We spoke with CEO Johannes Wüst about the founding of the company as well as the difficulties that many e-commerce businesses are facing. We discussed the work process itself, the challenges in terms of funding, the typical difficulties associated with the Corona pandemic and the war in Ukraine, and the dark side of Amazon.
An entrepreneur is not only a profession but also a state of mind. An entrepreneur sees opportunities and tries to use them, often it happens that he has more than one business direction, but for the bank, they are different companies.
Do you know that feeling: you are checking your mailbox, notice a letter from the tax office, and immediately think: What did I do wrong now? Do I have to pay anything extra? Or did I miss a deadline?
Subcontractors face long and unpredictable gaps between invoicing and payment. While awaiting payment, they still have to pay for materials, labor, and other project expenses. Therefore they offer early payment discounts to their contractors.
mevolute helps you to integrate continuous improvement in everyday work. So your organization can thrive– no matter what challenge at hand! We asked mevolute five questions about why it's sometimes difficult to embrace new technologies.
Read when and how Puls Project was founded, why the founders feel they are in good hands with the "BaFin" and what happens to our colleagues from the IT department who live in Ukraine.
Many companies are afraid that their data will be used against them. We try to explain why our digital service is as secure as other online banking service providers on the market. Part of our system uses an interface that allows you to interact directly with the open banking provider.
I am against the war, against Putin, against a regime that oppresses the country and attacks other peaceful nations. This should not happen in our civilized society and should be eradicated. People's dreams, plans, and lives have been destroyed in a week of the war, and there can be no excuse for it.
Financial technology is shaking up financial services – and it’s no secret that FinTech is on the rise. Even still, as a company, it’s easy to question whether banks and FinTechs are competing or collaborating. And how do you decide which is best for your small business?
To earn a lot, you have to sell a lot. Most manufacturers know this very well. A small production of fine lemonades got the order to deliver 100,000 pieces to a big supermarket chain in a test phase.
We hear often: Increase sales with incentives and promotions, plan everything ahead. But if those who tell this were businessmen, they would know how things really work: academically you should have planned everything long ago, but in real life, things are much more dynamic and unpredictable.
Everyone says that businesses need to grow. Everyone would be happy to, but when a business is already doing well and you have to find a new market and money to expand, the idea ceases to be so tempting.
We’re often told businesses that embrace new technology and adopt innovative ways of working benefit from more flexibility, efficiency — and ultimately increase profitability. So…simple decision, right? Not quite. While the benefits of implementing new technology in your business are well known, there is still a reluctance to do so.