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10 Remote Staffing Blunders That Will Cost You Dearly

Startup Professionals Musings

These approaches allow your startup to grow more rapidly, save costs, but costly mistakes can lead to business failure. Let’s cut costs by outsourcing all from this point forward.” Some entrepreneurs get outsource-happy to save costs and begin outsourcing everything and anything that lands on their desks. Be flexible.

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7 Key Factors Obscure Your Customer Acquisition Costs

Startup Professionals Musings

As a business consultant and angel investor, I often ask for your own assessment of marketing ROI , or customer acquisition cost (CAC). Everhart distills his leadership insights from many decades in one of the largest business-to-business marketing agencies, working with companies across the country. Don’t forget it.

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7 Costs To Consider Before Taking Your Startup Public

Startup Professionals Musings

According to TheStreet , US IPO market results in Q2 2020 posted a strong bounce-back from Q1 with 58 IPOs, after a slow start due to the Covid19 pandemic. There are real ongoing costs of maintaining a public company. million in annual recurring costs as a result of being public. Exposure to increased liability risk.

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5 Startup Cost Realities Most Founders Underestimate

Startup Professionals Musings

Image via Flickr by Phil Gyford Starting a new venture still costs real money, even though the entry price has come down dramatically in last few decades. For example, I come from a software background, and back in the early PC days, it could easily cost half a million dollars for a team of professionals to produce a commercial product.

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How to Optimize SaaS Development Costs

Up and Running

The largest cost component of establishing a SaaS company is product development costs. How to optimize SaaS startup development costs. With proper awareness about the SaaS product development process, your costs can be managed better. However, some features cost more to build and don’t guarantee a profitable outcome.

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7 Startup Costs That You Assume With Outside Funding

Startup Professionals Musings

Every startup I know has had to pivot at least once, no matter how certain they were of their solution and market. It’s usually the small investors who want the most frequent updates, or phone calls before every direction change, and investor relations costs only go up as your business grows.

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Why Good Marketing Campaign Costs Continue To Rise

Startup Professionals Musings

Every time I challenge a business plan with little or no budget for marketing, I get the answer that they will be using “viral” marketing, which costs nothing. First of all, Seth Godin pointed out a long time ago that viral marketing does not equal word-of-mouth.

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