YoungUpstarts

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Third-Party Risk Management: What It Is And Why You Need It

YoungUpstarts

Working closely with vendors is beneficial for many companies — for example, it’s cheaper to contract with a security vendor than to hire several new staff members, invest in security cameras and other equipment, and assume the costs of maintaining and replacing that equipment and keeping security positions staffed.

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Tackling The Talent Gap: Best Practices For Uncovering New Hires

YoungUpstarts

It is harder to diversify if your first few hires are homogenous, so branch out beyond your typical hiring pool to seek out diversity of all types —race, gender, culture, and education. When you think you’ve found the right hire, do your due diligence to ensure it’s a two-way fit. Look to organizations like i.c.

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How To Hire And Train A New Employee During The Summer (When Most People Are On Vacation)

YoungUpstarts

Recruiting and hiring employees is challenging, if only because the stakes for making the right choice are so high. Say you had to replace a worker who had been hired only recently, since they turned out to be a poor cultural fit. On top of the normal difficulties of the hiring process, HR also has to deal with its high seasonality.

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7 Reasons A Small Business Should Hire Advisors 

YoungUpstarts

The right advisor can have a greater impact on the success of your small business than any other hire you ever make. Have a CTO Advisor Provide Their Guidance & Due Diligence Suggestions on a Large Upcoming Technology Expenditure. It’s time small businesses started hiring more advisors.

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How To Hire Rock Star Employees

YoungUpstarts

Hiring someone who will be “highly admired” in the workplace is the ultimate goal when filling any type of position. In a 2015 small business survey, 42% of small business owners identified hiring new talent as their biggest challenge. The team of people hired will become brand ambassadors. Rock Star Recruitment.

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Proper Due Diligence: The “Other” List

YoungUpstarts

The task of vetting a business prior to a potential purchase is referred to as due diligence. Hire a CPA. Hire an attorney. Most speculators will find the due diligence process to be tedious at best. The mere mention of the phrase “due diligence” likely intimidates some, but it shouldn’t.

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Business Prenup: What To Do Before You Start A Company With A Partner

YoungUpstarts

Hire professionals. A CPA provides input on tax structure and metrics, and assists with due diligence related to your industry. You need to ask questions and perform due diligence before you invest substantial time and money. Here are a few tips to ensure that you and your partners start out on the right foot.

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