Runagood.com Ltd
Runagood.com Ltd (i.e. 'Run a Good Business') is a London-based AI Inspired software company.
Contents
History
Runagood.com Ltd was formed in 2010, acquiring the intellectual property assets and team from Hambleden Group Ltd the government’s lead contractor for 22 years, during which time it grew to be the UK’s biggest small business consultancy.
Shareholders spent £1m+ of personal funds to automate all of Hambleden Group’s business processes and connected these to its accumulated databases of small business performance statistics and practical action plans to form an online consultancy product whose purpose is to “make business advice available to affordable by the World’s smallest businesses”.
Funding
The business is funded personally by its shareholders and has no debt other than director loans. It is planning to raise private finance to fund national expansion of its franchised Business Centres network and then expand internationally, which may involve a public listing.
Product
The product as delivered to client businesses is a mix of online technology and human skills. The technology sits on databases of small business performance statistics and practical action plans that solve problems and assist growth. Algorithms are triggered by human data input, usually by trained advisors such as accountants and coaches to generate benchmark reports (Business Dashboard®), value forecasts and implementable business plans.
Business plans are implemented either by business owners alone, accessing the system through a subscription, or more usually with online coaching from an AI Business Advisor® who makes an additional monthly subscription charge. The aim is that no one should pay less than £1 per day nor more than £10 per day as the company’s mission is to “make business advice available to affordable by the World’s smallest businesses.
