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10 Remote Staffing Blunders That Will Cost You Dearly

Startup Professionals Musings

These approaches allow your startup to grow more rapidly, save costs, but costly mistakes can lead to business failure. Let’s cut costs by outsourcing all from this point forward.” Some entrepreneurs get outsource-happy to save costs and begin outsourcing everything and anything that lands on their desks.

Cost 346
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7 Key Factors Obscure Your Customer Acquisition Costs

Startup Professionals Musings

As a business consultant and angel investor, I often ask for your own assessment of marketing ROI , or customer acquisition cost (CAC). Of course, you need work with partners and channel to quantity their costs and contributions and normalize total results. You have to determine how to share these costs and credit.

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7 Staffing Strategies That May Cost You Your Business

Startup Professionals Musings

Trying to save costs by seeking resumes on the Internet will result in poor quality candidates, more time required for screening and interviews, and high turnover. Making late or poor choices will cost you time, money, customers, and may cost you your business. Utilizing unprofessional sources for candidates.

Cost 260
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5 Startup Cost Realities Most Founders Underestimate

Startup Professionals Musings

Image via Flickr by Phil Gyford Starting a new venture still costs real money, even though the entry price has come down dramatically in last few decades. For example, I come from a software background, and back in the early PC days, it could easily cost half a million dollars for a team of professionals to produce a commercial product.

Cost 264
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How to Optimize SaaS Development Costs

Up and Running

The largest cost component of establishing a SaaS company is product development costs. How to optimize SaaS startup development costs. With proper awareness about the SaaS product development process, your costs can be managed better. However, some features cost more to build and don’t guarantee a profitable outcome.

Cost 158
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7 Costs To Consider Before Taking Your Startup Public

Startup Professionals Musings

There are real ongoing costs of maintaining a public company. million in annual recurring costs as a result of being public. The costs of an aborted IPO are sizable, and may not be deferred to a later period or offering. PwC estimates that public companies incur an average of $1.5 Exposure to increased liability risk.

Cost 319
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7 Startup Costs That You Assume With Outside Funding

Startup Professionals Musings

It’s usually the small investors who want the most frequent updates, or phone calls before every direction change, and investor relations costs only go up as your business grows. Very few entrepreneurs I know have the patience and time to communicate to the satisfaction of all investors. Investors will become the toughest boss you ever had.

Cost 267