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9 Success Principles To Propel Your Next New Venture

Startup Professionals Musings

Minimize permanent hiring and customized operational facilities. In this age of the gig-economy, you can more quickly hire and manage freelancers, contract workers, and contract operations. Every new business has unexpected pivots and adjustments, and outsourcing is easier to manage.

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5 Startup Cost Realities Most Founders Underestimate

Startup Professionals Musings

Now, with powerful high-level tools and open source software, winning smartphone apps can be built by a good hacker for a few thousand dollars. Staffing and people-management costs. As you scale up the business, you realize how many people you really need, including full-timers, managers, and hourly workers.

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The Best Ways to Save Money as a New Startup

ReadWriteStart

Adopting a fully remote model means you’ll be able to hire people all over the world, greatly increasing your potential talent pool. Team management, collaboration, and communication can be more challenging, but these are becoming easier as our work norms shift. Only hire new people when you truly need them.

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Recession ahead? Follow these Money Saving Tips for your Workplace

ReadWriteStart

” — Phil Norton, Founder of Leave Dates In today’s digital age, software subscriptions have become integral to business operations. Many providers are open to negotiation, especially for long-term contracts or bulk subscriptions. Phil Norton founded the online holiday tracker — Leave Dates (dotcom).

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Don’t Follow The Buzzwords For Small Business Technology

YoungUpstarts

If an IT investment does not increase productivity, drive sales, makes a company more efficient, reduce costs or opens up bigger markets, then it is incurring costs that are actually reducing profits. So balance your investment in general IT operations (cost centre), with investments in IT that help to expand your market and operations.

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The COVID-19 Pandemic Impact on the Mainframe Market

The Startup Magazine

Similar to data, the operational applications run on mainframes are also valuable. One option is to attract younger professionals to manage mainframe-based applications, but the chasm between old and new tooling and practices makes this challenging. Devops is something that you seldom hear together with mainframes in one sentence.

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How To Save Money In Business: 10 Tips For Young Entrepreneurs

YoungUpstarts

You don’t have to worry at all about the space, as the operator will manage it. The internet has a ton of open-source software and other free services you can use for your business. The best way to avoid this is by covering all your legal bases by hiring an attorney. Hire a professional.