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When Should a Small Business Hire an Executive Team?

Up and Running

As you find your footing and begin to scale, you might feel ready to hire a formal executive team. The right C-suite positions for your business will depend on your unique needs, budget, and long-term goals. With that said, here’s a closer look at when — and how — to hire an executive team. How to hire an executive team.

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30 Entrepreneurs Forecast Where Their Business Will Be In Five Years

Hearpreneur

When an entrepreneur can forecast his next moves, even his/her employees become part of the moves the business makes. We asked entrepreneurs and business owners where they forecast their business will be in the next five years. #1- 9- Working more with non-profits and small businesses.

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Why Your Small Business Should Focus on Younger Customers

Up and Running

Targeting is a core concern for small businesses. But there’s an audience segment that every small business (at least, those that don’t focus on age-related products like stairlifts) should target: young people. Some are just getting started. Trying to figure out who they are and what their audiences should look like.

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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. Make sure you go back and look over your budgets and forecasts and see how you’re tracking. Also, benchmark your business against industry standards.

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Extremely Valuable Tips for Creating a Financial Forecast During the Early Stages of an Entrepreneurial Journey

Up and Running

Creating financial forecasts and budgets are not typically how many entrepreneurs envision spending their time, but these tools are incredibly necessary. An accurate and thoughtful forecast can be time-consuming, but it will help you to make informed decisions regarding staffing and growth, and it will help you attract investors.

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6 Steps to Creating a Small Business Staffing Plan

Women Entrepreneurs Can

People often refer to HR as the “people department,” where human issues and conflicts are resolved, but formulating and executing a staffing plan requires a rigorous policy—and a process-driven approach that takes into account an organization’s short- and long-term goals as well as the ever-changing landscape of hiring best practices.

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4 Essential Hires If You’re Starting a Business in 2020

Up and Running

It might seem easier to put off thinking about your first essential new hires. Try to do it all and you’ll spend a lot of time learning new skills (that you’ll eventually hire for) when you should be focusing on growing your business. Here are the types of people to consider if you’re starting a business next year.

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