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

YoungUpstarts

Third-party risk management is the discipline of managing risks like these to prevent, or at least mitigate, any potential damage to your operation. A strong third-party risk management strategy will increase transparency, streamline operations, and cut costs. Ins and Outs of Third-Party Risk Management.

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10 Attributes Of The Perfect Partner For Your Startup

Startup Professionals Musings

Very few entrepreneurs have the range of skills and experience to be the solution creator as well as business creator, or operational as well as sales leader. If they or you find it hard to trust others, love to work alone, always have to be in control, or insist on micro-managing, it may be time for change or looking elsewhere.

Partner 385
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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.

Hiring 165
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10 Ways Your Startup Co-Founder Is Like A Good Spouse

Startup Professionals Musings

Very few entrepreneurs have the range of skills and experience to be the solution creator as well as business creator, or operational as well as sales leader. If they or you find it hard to trust others, love to work alone, always have to be in control, or insist on micro-managing, it may be time for change or looking elsewhere.

Cofounder 221
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Tech That Can Make The Freelance Economy Sustainable

YoungUpstarts

They want platforms and services that automate hiring and retention while ensuring freelancers feel as supported as their full-time colleagues. Managing the Freelance Economy. An FMS can handle the day-to-day record keeping, allowing your freelance operations to scale without compliance concerns.

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Paul Herdsman Of NICE Global: The Benefits Of Utilizing Nearshore Outsourcing For Your Business

YoungUpstarts

Everything from customer service, technical support, to back office operations are able to be outsourced as a way to reduce costs, keep up with the evolving consumer expectations, and drive a faster return on investment. Put simply, offshore outsourcing means hiring a company to perform a service from a different part of the world.

Offshore 165
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Business Prenup: What To Do Before You Start A Company With A Partner

YoungUpstarts

Zyla, managing director of Acuitas, Inc., 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. Congratulations! Ask tough questions.

Partner 208