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A Brief Look At Understanding Income Statements And Balance Sheets

YoungUpstarts

If you’re able to hire a bookkeeper or accountant, they can help make it easier by handling your important documents for you. The two key documents are the income statement and balance sheet, though there are more that come into play like the cash flow reports. Why You Need Income Statements And Balance Sheets.

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Why Company Culture Is Vital for Every Remote Company

YoungUpstarts

For many remote (and even regular) companies, company culture is something ethereal and abstract: while the most important metrics (customer engagement and satisfaction, employee turnover and retainment) are closely monitored, features like company culture are often neglected. by Denis Kryukov from Soshace.

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Introducing the Cap Table and Hiring the CTO

Feld Thoughts

This week they set out to create their cap table and hire a CTO. It is not in the three primary financial statements (the Balance Sheet, Profit & Loss, and Cash Flow Statement.) As first time entrepreneurs they did not create an employee options pool; we’ll fix that in a little while.

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Female Founder Interview: Author and Business Leader Martha Razo

The Startup Magazine

Martha: Business owners measure their growth by their numbers; revenues, profits, number of employees, the number of locations they own, etc. Every business owner, even if they have someone assigned, should review their profit and loss and balance sheet on a monthly basis. Hiring others? How many salespeople do I need?

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Expert Tips To Reduce Your Company’s Expenses

The Startup Magazine

Unlike personal expenses, company expenses are more complicated and require the combined efforts to prevent them from weighing down your balance sheets towards the loss side. Countless companies are adopting this smart trend to mitigate the expenses their full-time employees are costing them.

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6 Things High-Growth Startups Do Differently

The Startup Magazine

They Hire Great People. So rather than skimp and hire the least expensive people, they pay a premium to bring in good people who will propel the company forward. According to entrepreneur Feliks Eyser , “First-time founders hire one employee out of five applicants after just one or two job interviews.

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Experts share tips for mission-driven organizations on DE&I

Board Effect

These include increased employee satisfaction, better volunteer and donor engagement, stronger collaboration as well as added creativity and innovation. It does mean that when we’re designing new programs, or hiring people to help us redesign processes, that we ask a lot of questions. Luckily that’s what boards do.

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