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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. There are many books written on this subject, but this classic by Chris Ducker, “ Virtual Freedom ,” manages to pack a lot more practical guidance into a small space that many others I have seen.

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6 Hiring Principles To Grow The Best New Venture Team

Startup Professionals Musings

Of course, it’s no surprise that most entrepreneurs don’t have a background in hiring teams, and don’t have a budget for training or human resource consultants. He comments that in spite of the digital revolution, the hiring process hasn’t changed from its low priority, last minute, subjective roots.

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How to Hire a Remote Software Development Team

ReadWriteStart

Interestingly, the traditional hiring model is no longer the only option to get your team, as the emergence of remote work has ushered in a new era of talent acquisition, where geographical boundaries no longer limit your choices. This is because you’re not limited to hiring developers from your local area. Incredible, right?

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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. Don’t hire full time, outsource your project.

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5 Keys To A Viable Spending Rate And Cash Management

Startup Professionals Musings

Don’t wait until you are almost out of cash before managing every dollar spent or looking for the next refueling from investors. As a mentor to many entrepreneurs and startups, here are my best recommendations for keeping the burn rate low, planning ahead and maintaining credibility with investors: Manage cash flow personally every day.

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Effective Management Techniques to Reduce Employee Turnover

The Startup Magazine

Otherwise, they will (sooner or later) experience the resource drain, high overhead costs & low employee productivity. We’ll explore the latest and most effective management techniques and strategies managers can use to retain their best employees and build a stronger, more engaged workforce.

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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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