YoungUpstarts

article thumbnail

5 Ways AI’s Role In Sales Might Surprise You

YoungUpstarts

by Ryan Moore, Director of Client Management, Peak Sales Recruiting. Sales isn’t exempt from this recent growth, either. Sales isn’t exempt from this recent growth, either. AI tools are currently transforming the world of B2B sales, and some of the unique ways AI can streamline your sales process might surprise you.

article thumbnail

What Your Sales Team Really Needs from Young Executive Leadership

YoungUpstarts

Millennial CEOs in today’s business climate face a changing role from the traditional leadership image of the suit in the C-suite, especially when it comes to sales. It’s becoming increasingly important for top leadership to work directly with their sales managers to develop a stellar sales process.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

What Do I Do If My Business Runs Out Of Cash?

YoungUpstarts

Sudden payment of unaccrued tax, bonus, or commission liabilities (this is a common bookkeeping and forecasting error for small businesses.). If your business model is profitable but you’ve mismanaged one of the above categories, you need to build a 13-week cash forecast to manage your short-term crisis. Old aging inventory.

article thumbnail

[INTERVIEW] Michael Majeed, Finance Executive, SR&ED Tax Consultant

YoungUpstarts

Forecasting business revenue and expenses during the startup stage with a degree of accuracy takes a lot of time, investors will not put money in your business if you’re unable to provide a forecast. Michael Majeed is a longtime financial services executive and consultant based in Toronto.

Finance 217
article thumbnail

How to Manage Supply Chain Planning Like a Pro

YoungUpstarts

From manufacturing to sales to finance, the supply chain routinely fails to command the respect it deserve. Employ Demand Forecasting and Inventory Planning Solutions. A common mistake that startups, and even established businesses, make is to run monthly forecasting off of spreadsheets that only reflect historical data.

article thumbnail

3 Simple Tips From A CPA For Managing Your Online Business’ Finances

YoungUpstarts

However, other aspects such as forecasting and accounting are equally as important in ensuring that a business continues to grow. Be familiar with sales tax. It is crucial to know the sales tax laws bounding your state and city, otherwise, this will lead to incurring losses when you pay your tax dues.

Finance 147
article thumbnail

5 Ways To Convert Digital Customers To A Sale This Black Friday

YoungUpstarts

With high street stores firmly closed this Black Friday, businesses are set for a digital shopping weekend as their customers move online to find their sales. Providing vouchers or discounts to these customers can be a great way to ensure you are instilling loyalty and can help convert this audience to make a sale.

Sales 130