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10 Remote Staffing Blunders That Will Cost You Dearly

Startup Professionals Musings

These days, it is almost impossible to find a small business where everything is done by full-time employees, in the office or at home. 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.”

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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.

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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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Why Small Businesses Should Get Business Insurance

YoungUpstarts

An employee could get hurt while on the job, a client file a lawsuit, or a natural disaster could destroy your business premises and equipment. For these and many other reasons, it’s fundamental to protect your business. Small business insurance is a remarkable way to protect your business. It is Required by Law.

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4 Accounting Tips For Startups And Small Businesses

YoungUpstarts

To avoid these common pitfalls — and set up your finances to support your business as it grows — follow these four accounting tips for startups and small businesses. Do you categorize your revenue and costs using departments and classes? Don’t use cash basis accounting; track revenue and costs on an accrual basis.

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How To Build A Sustainable Small Business

YoungUpstarts

Starting a business, growing it and sustaining in the market are the three chapters of a small business story. Usually, small business owners don’t think beyond their quarterly or annual plans and they forget their long-term goals due to everyday hurdles. Every business comes with a long-term goal.

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Starting Your Own Small Business? Here Are Some Smart Ways to Save Money

Women Entrepreneurs Can

Embarking on the journey of starting your own small business is an exciting yet challenging endeavour. In this comprehensive guide, we’ll explore some smart and practical ways to save money when starting your own small business, helping you navigate the financial landscape with confidence and efficiency.