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6 Cost-Cutting Recommendations For New Entrepreneurs

Startup Professionals Musings

You can now skip the mandatory office space rental, with secretary and bookkeeping staff, or outsourcing. Social media facilitates marketing and sales. For startups, social media and color printers have essentially replaced the need for external public relations and marketing services. Martin Zwilling.

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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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6 Reasons That Managers Still Add Value In Business

Startup Professionals Musings

In this age of millennials and social media, individual workers are more driven by the greater good, work-life balance, and peer culture, than by organizational pressures. Examples of the new tools include online meetings through Zoom or GoToMeeting. Outsourcing and working from home needs coordination.

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White-label it: Make it ‘YOU’ inside.

Berkonomics

But, more often, this is just the virtualization of what we used to call outsourcing. Bazaarvoice, a company in Austin, Texas is a great example of this kind of operation. You’re used to outsourcing payroll, bookkeeping, and logistics. Can someone do it better than you, and at lower cost? Have an open mind.

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8 Tactics For Every Entrepreneur To Manage Technology

Startup Professionals Musings

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. Outsourcing to expert freelancers or business partners is often a better solution for startups than managing everyone into the inside team.

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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.

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7 Workplace Culture Dynamics That You Need to Support

Startup Professionals Musings

For example, CEO Mathilde Collin of Front has implemented 25 ways her company has translated their strong in-person culture to the new remote reality. The trend toward more remote work, flexible work hours, and outsourcing can eliminate productive work relationships and communication between functions.