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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.

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11 tips for reducing costs in small business

NZ Entrepreneur

With inflation reaching a 30-year high, small businesses across the country will be looking for ways to reduce costs amid cost of living and rising price pressures. With the increasing cost of living, 7-in-10 local SMEs have also noticed changes in consumer behaviour. 2) UNCOVER HIDDEN COSTS. 7) SEEK OUT AN EXPERT.

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Best Online HR Management Tools Every Company Needs

YoungUpstarts

The HR team of all companies works to find, hire and retain employees. Although it is not possible for technology to take over completely the human resource management , the right software speeds and eases up HR management. Hiring tools help to improve the quality of new hires. Human capital management HR software.

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People Management: Startup Teams Should Dip but not Skip

Both Sides of the Table

As your organization grows and you hire senior staff where you are no longer managing every employee directly the issue of how to manage people that are not your “direct&# reports arises. As a content management system we had lots of write activities and went with Postgres.

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Top 9 Reasons to Choose Cloud App Development

The Startup Magazine

One of the biggest issues for small firms is capital expenditures, particularly if your budget can only afford one thing: hiring a certified expert or purchasing strong equipment. The cloud allows you to host applications without having to spend any money up front, and you can use that money to hire professionals or purchase office supplies.

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Top 5 Tools That Every Startup Needs to Provide an Excellent Customer Care

The Startup Magazine

This way, management can review calls made by these agents. Help desk software is a tool to help you manage support requests and improve customer satisfaction. A knowledge base is a database of information about your company and its products. You can create a knowledge base in any content management system (CMS) or platform. .

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How Remote Startups are Changing the Game for Everyone

ReadWriteStart

Often, managers worry that their out-of-sight teams are not sincere about their working hours. The funny thing is that 59% of remote managers are least concerned about their workers’ emotional well-being, which has a cascading effect on team morale. Employees, as well as managers, need to be trained to use these new technologies.