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6 Cost-Cutting Recommendations For New Entrepreneurs

Startup Professionals Musings

Almost anyone can start a company today on a shoestring budget, following these cost-cutting recommendations: Establish a solid legal structure for your business. You can now skip the mandatory office space rental, with secretary and bookkeeping staff, or outsourcing. Social media facilitates marketing and sales.

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6 Reasons That Managers Still Add Value In Business

Startup Professionals Musings

As a business consultant with experience in large companies as well as startups, I often hear about dysfunctional management hierarchies, as well as the value provided by exceptional ones. These authors provide inside details of recent management experiments, as well as historical data from both successful and failed traditional companies.

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5 Key Growth Initiatives In This Inflationary Economy

Startup Professionals Musings

For example, in my discussions with business owners, some have already used inflation positives to update their inventory values, take advantage of reduced mortgage rates, or simply making the price increases that they have long needed. Outsource functions outside your core competency. Selective outsourcing can save you real money.

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8 Tactics For Every Entrepreneur To Manage Technology

Startup Professionals Musings

A business startup is not an academic environment, or a big company research organization. If your kids can use computers by age six, every entrepreneur ought to be able to stay current with the latest social media marketing and e-commerce technologies. They are attracted to people who agree, but may not be able to help.

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White-label it: Make it ‘YOU’ inside.

Berkonomics

Companies can strike it rich by finding an element of business operations which many companies need, but few have the capability or expertise to execute with excellence – and then aim to supply that element. But, more often, this is just the virtualization of what we used to call outsourcing. Really, that’s a business?

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8 Ways To Stay Competitive In Today’s Technical World

Startup Professionals Musings

A business startup is not an academic environment, or a big company research organization. If your kids can use computers by age six, every entrepreneur ought to be able to stay current with the latest social media marketing and e-commerce technologies. They are attracted to people who agree, but may not be able to help.

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10 Disciplines Every Entrepreneur Needs To Practice

Startup Professionals Musings

He provides dozens of ideas and examples to illustrate how this discipline can work, and the power it brings to any organization. An example is the evolution of computer control to screen touches and gestures, versus keys and mice. Outsource services back to the customer. Pick an impossible target and get mad about it.