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8 Signs Of A New Business Initiative And Not A Hobby

Startup Professionals Musings

Entrepreneurs need to document a process of responding to a market need, sizing opportunity, assigning a specific business model, and planning for marketing, sales, and customer satisfaction. Solution development and delivery. Typically some production and delivery is outsourced, requiring formal contracts and documentation.

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Kofax: Now Processing More Than 1.1M Mortgages A Year

socalTECH

Irvine-based document capture and automation systems developer Kofax announced this morning that it hs products are now being used to process more than 1.1 kofax mortgage document processing mobile capture' million mortgages--or approximately 375 million pages--in the U.S. READ MORE>>.

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Kofax Wins BPO Firm

socalTECH

Irvine-based Kofax , the developer of document capture products, said earlier this week that it has been selected by an un-named, leading business process outsourcing (BPO) firm. The company's products will be used for scanning and processing approximately 58 million mortgage applications and loan documents each year.

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6 Key Leaders Every Technical Startup Needs To Thrive

Startup Professionals Musings

Outsourcing your core competency does not work. In the midst of high-tech development, funding, and selling, someone has to keep the office network running, get processes documented, and manage to keep everyone happy and busy. Outsourcing any of these critical roles is very expensive, and usually not very effective.

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8 Indications Of A Real Entrepreneur Versus A Hacker

Startup Professionals Musings

Entrepreneurs need to document a process of responding to a market need, sizing opportunity, assigning a specific business model, and planning for marketing, sales, and customer satisfaction. Solution development and delivery. Typically some production and delivery is outsourced, requiring formal contracts and documentation.

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6 Reasons To Build A Working Model Of Your Solution

Startup Professionals Musings

Don’t spend your whole development budget, before finding that you need another iteration. A three-dimensional prototype is always better than just a documented specification when negotiating contracts for manufacturing, support, and marketing. You should never outsource the management of your core technology.

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10 Ways Owners Often Jeopardize Their Business Growth

Startup Professionals Musings

Daily updates from the top and documented processes are critical. Outsourcing services that could be done in-house. There is always a need for highly skilled or capital-intensive services, such as legal and manufacturing, that should be outsourced. Outsourcing is an expensive solution for poor planning.