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Three questions to answer about your COVID response

Berkonomics

Apply to the SBA for an Emergency Loan or through your bank for the new “PPP” loan program. Are you salespeople making few if any sales because your prospective customers are distracted by their own problems? Plan for reductions in fixed overhead, salaries, and other costs now.

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Latest Post-COVID Trends in the Telecom Sector

Southern California Edison Blog

Telecom carriers looking to stay competitive should continue strengthening their network infrastructure and adding greater flexibility to their service offerings to provide reliable and high-performance connectivity for their customers. Learn strategies to minimize risk and promote success when building out 5G services for your customers.

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10 Strategies For Success Long-Term As Well As Today

Startup Professionals Musings

In the short term you need customers to find you at any price, and in the longer term you need revenue, profit, and return loyalty. Get outside the company regularly to get feedback on future customer needs, emerging technologies, and the views of influencers and experts in the field.

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Manufacturing startup Divergent 3D reduces staff by one-third

TechCrunch LA

1 priority was to ensure long-term financial stability and secure the core team, technology development and customer programs no matter what the scenario, Czinger said, adding that there is still enormous uncertainty surrounding the real impact and duration of the COVID-19 pandemic. Divergent 3D has two global OEMs as customers.

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10 Cash-Flow Surprises That Could Kill Your Startup

Startup Professionals Musings

If you try to vary the number of employees to match, that costs even more cash for hiring, firing, and layoffs. Unanticipated expenses and emergencies drain cash. It could be a natural disaster, like a flood or wind storm, or loss of key personnel, equipment failure, or a major customer complaint on the Internet.

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Is Your Startup Growing Too Quickly For Cash Flow?

Startup Professionals Musings

If you try to vary the number of employees to match, that costs even more cash for hiring, firing, and layoffs. Unanticipated expenses and emergencies drain cash. It could be a natural disaster, like a flood or wind storm, or loss of key personnel, equipment failure, or a major customer complaint on the Internet.

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Entrepreneurship Is A Compulsion, Not A Choice

InfoChachkie

As described in Advice For Emerging Entrepreneurs , let the BDC train you and grant you opportunities to make mistakes on their time, on their dime. In your own startup, you might experience lean times, but you never will be crushed in a stampede, like a middle-manager in a corporate layoff. Customer Problems/ Pain Points.

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