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Run Your Business Better

671 posts
startup team
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5 Strategies for Building a Great Startup Team

The way you treat your employees, their time, skills and abilities in the early phases of your union as a team influences the rest of your company's course of action. Mark Zuckerberg once said, "The most important thing for you as an entrepreneur trying to build something is, you need to build a really good...
recruiter
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The Role of a Recruiter and HR in Small Business

You’ve launched your business and it’s humming along. Like most entrepreneurs, you wear plenty of hats, including chief human resources (HR) and recruitment officer. Here’s the problem, though: You can’t handle all your employee-related responsibilities forever. If you do, you could find yourself in trouble. The issue isn’t just that you’re going to spread yourself...
better pricing strategy
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For a Better Pricing Strategy, Think Like Goldilocks

Being more profitable is the result of a successful campaign to cut costs and to pump up sales. But the real profit comes about through a pricing strategy that works. The most popular pricing strategy for startups and small businesses is to follow the lemmings and charge what everyone else charges or to calculate the...
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Avoiding Dumb Decisions in a Smart Tech World: Here’s When to Listen to Your Gut

Technology has become the backbone of how modern businesses function, with all types of organizations using tech applications to manage nearly every aspect of operations, from customer service to employee engagement. Whether using smart tech to enable communications, support security and privacy, enhance efficiency, aid employees or support operations, it’s no wonder startups rely on...
fractional CFO
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The Importance of a Fractional CFO for Startups and SMBs

Businesses of all sizes continue to live through one of the most turbulent times in recent memory. Those who can quickly make good decisions based on accurate information and sound projections are more likely to come out on top. This underscores the importance of a fractional CFO in startups and SMBs. The economic impact of the...
entrepreneur
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5 Vital Traits You Must Have to Thrive as an Entrepreneur  

You are finally ready to go out and launch the business of your dreams. Congratulations! That is so exciting that you are on the course to be your own boss. Now, just like how certain traits (such as self-driven, goal-oriented, and accountable) help employees thrive while working for companies, there are a number of traits...
family business
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Launching a Family Business? Keep These 3 Things in Mind

Are you wanting to start a family business? If so, you’re not alone. According to the United States Census Bureau, roughly 90 percent of American businesses are either family-owned or controlled. The size of these organizations runs the gamut, from two-person “mom and pop” shops all the way up to Fortune 500 behemoths. Together with...
program launch
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5 Strategies to Turn Around a Program Launch That Isn’t Working

If you’re a few days into your program launch and you’re disappointed by lack of results, don’t waste your time by wallowing in what you think is failure. Before diving into these five steps, first recognize that no matter the situation, your launch is not a failure. I like to tell my clients that every...
communication
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How Brands Are Improving Communication with Their Remote Teams

If remote work was gaining traction before the pandemic hit, it's now mainstream. A recent survey showed that 55% of employees would like to work remotely at least three days a week after the pandemic. But for managers, the decision isn't so simple. How can you ensure your workflow stays efficient and productive when everyone's...
recruiting talent
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The Importance of Recruiting Talent for Your Startup 

For any business, proper recruitment is essential. It ensures the company can attract and retain the best talent. That way, the organization will continue to grow and thrive. This can be a more complex task for startups due to less brand recognition. They may also spend more time and resources developing their product or service....
cryptocurrency
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What Is Cryptocurrency and Should Your Business Use It?

Cryptocurrency, also known as crypto, is a type of anonymous digital or virtual currency that, unlike other forms of currency, is not backed by any central authority or government. While the currency is not backed by a traditional source, like the Federal Deposit Insurance Corporation or FDIC, crypto is secure thanks to blockchain, an ongoing,...
mistakes
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7 Mistakes New E-Commerce Startups Make and How to Avoid Them

As a serial entrepreneur, business adviser and mentor, I’ve seen many e-commerce success stories. But, I’ve also seen some horrible e-commerce startup mistakes that have cost their founders time and money. If there was anything I could do to help more of these startup founders, it would be to offer advice on how to avoid...
hiring
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StartupNation Growth Hacks #7: A Rare Hiring Opportunity

The seventh in a series. The Great Resignation has left millions unemployed -- by choice. The COVID-19 pandemic prompted workers to rethink what they wanted from their jobs. Given the leverage that employees have over corporate hiring these days, there are many highly qualified candidates who simply don’t want to return to the traditional corporate...
grit.png
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Why Grit is Essential to Your Success as an Entrepreneur

For entrepreneurs building a business, the initial startup stage is an exhilarating time: you’re energized by your idea and engrossed in building the business. It feels like it’ll always be fun. The hard truth is that in building any business, there are peaks and valleys. When you hit a valley, it can be difficult to...
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6 Finance Books to Help You Make Better Business Decisions

Just when you thought that successful business owners don’t have the time to curl up in bed to read a book, you’d be surprised to know that average entrepreneurs read at least one book a week. Even someone as successful as Bill Gates, the founder of Microsoft, squeezes in 50 books a year to get...
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Keeping Books for a Small Business … Without Spreadsheets

From side hustle to freelance to startup, keeping track of money just can’t be ignored. This is called bookkeeping, and it helps you know how much money you’re earning, where your business is spending and how much you are making. The practice has evolved somewhat since 1458, when Benedetto Cotrugli standardized the practice of bookkeeping...
process optimization
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How Process Optimization Cures Employee Burnout

Now more than ever, retaining your top talent matters most. Your employees are the foundation of your business and its future success. For them to stick around and help your business grow, they need processes and systems that don’t overwork them. But if your business is full of inefficient workflows, chances are you’re at risk...
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Professional Employer Organizations: 4 Reasons You Need One

With endless tasks popping up on any average day, entrepreneurial company leaders simply don't have time to do everything. That's why a professional employer organization, or PEO, may help you grow and stay complaint as you grow. A PEO is an outsourcing firm that provides comprehensive human resource and compliance  services to small- and medium-sized...