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6 Due Diligence Concerns Before Outside Contracting

Startup Professionals Musings

If you have a software development background like mine, I’m sure you often get questions about when to outsource, versus building the solution in-house. This alternative has been around for several decades, with the generally accepted advantage of reducing costs. Factor in all the cost elements.

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4 Essential Steps to Create Strong Standard Operating Procedures

The Startup Magazine

Creating standard operating procedures (SOP) documents is essential for organizing your entire business operations. By having a well-crafted SOP in place, businesses can be certain that operations are conducted efficiently and according to plan. After that, the SOP can be published and distributed across the organization.

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6 Realities To Evaluate Your Outsourcing Alternatives

Startup Professionals Musings

If you have a software development background like mine, I’m sure you often get questions about when to outsource, versus building the solution in-house. This alternative has been around for several decades, with the generally accepted advantage of reducing costs. Factor in all the cost elements.

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15 Unexpected Costs of Cutting Your Nonprofit Board Portal Software

Board Effect

Nonprofits are currently experiencing a tough time, particularly with the economic downturn, which may have impacted donations and support, along with rising operational costs. The trends of declining fundraising and rising operating costs are expected to continue, according to the Cerini Associates report on nonprofit trends for 2023.

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The Shift from FOMO to FOLD in Early Stage Investing

View from Seed

This led to a number of repercussions that most VC’s have lamented during this time, including higher prices, larger rounds, shoddy due diligence, and many companies raising large sums of venture capital that probably aren’t suited to VC funding. In a FOLD world, this is going to continue.

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What Happens When Startups Turn from Their Innovation Stage to Operational Excellence?

Both Sides of the Table

Nearly every successful tech startup I’ve observed over the past 20 years has gone through a similar growth pattern: Innovate, systematize then scale operations. MakeSpace (as he named it) would help you get your excess goods into low-cost warehouses. How long does it take me to pay back my original customer acquisition costs?

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How A New Software Could Change The Travel Industry Forever 

YoungUpstarts

One of the major issues that small travel operators face is the payment process. Payment software and gateways are usually very expensive and complex to use. With a new payment software that is designed specifically for these smaller companies, they get a chance to compete online with the mega travel companies.