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A step-by-step guide to HR outsourcing

The Startup Magazine

Payroll management entails several steps, including: Calculating allowances (such as rent and travel expenses) and salary components (variable and net pay). Having an in-house payroll team or sophisticated HR software specifically specialized for payroll processing can be rather expensive. Payout processing and accounting.

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Use agile budgeting to manage your cash

David Teten

I encourage entrepreneurs to correct course with a re-forecast early and often. Howell, Professor of Business Administration at Tuck, writes that you should turn your budgeting process upside down by “reformat[ting] planning and budgeting templates to highlight cash rather than accounting net income.”.

Agile 60
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Why The Future Of US High-Tech Is Bright

YoungUpstarts

It can be difficult to forecast the future trajectory of publicly listed technology companies, especially in the short term – after all, most of the available information is already capitalized in their current share prices. Take software developers as an example. Rigid union contracts constrain salaries, work schedules and promotions.

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Tips for Writing a Successful Business Plan for a Daycare Center

Up and Running

Make sure to find out if it is a gross or net rate. Gross includes everything, but net doesn’t include the following: Property taxes. List an advisory board if you have one, list all employee salaries, incentives, referral bonuses for recruiting, and all such details. Software costs. This adds up to $100,000.

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When It Comes To Entrepreneurship, Age 40 Is The New 20… And Always Has Been

YoungUpstarts

Only after his company was underway did his investors insist he write a business plan, with detailed sales forecasts, staffing strategies, pricing regimens, and financial projections including when he would be able to take the company public. All this had to be in place before he tested his product in the market. His company was stalled.

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Cracking The Code: Building Your SaaS Sales Compensation Plan

Cracking the Code

Thoughts from a Venture Capitalist on Software, Software-as-a-Service (SaaS), Cloud Computing, Internet and more. While it may make sense to offer very slight adjustments for favorable payment terms and one time revenue, net additions to MRR should dominate the sales rep’s thoughts. Cracking The Code. Lluis Faus @ vLex.

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10 Rules of Thumb for Startup Investment Valuation

Startup Professionals Musings

The founders now need a $1M Angel investment to do the marketing for a national NewCo rollout, build a team to manage the rollout, and maybe even pay themselves a salary. Assign probabilities to active customer sales efforts, just as sales managers do in quantifying a salesman’s forecast. Assign real value to intellectual property.

Valuation 270