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How to Manage Supply Chain Planning Like a Pro

YoungUpstarts

For manufacturing startups, here are several ways to achieve effective supply chain management: Understand Your Supply Chain Elements. Transportation partners play an enormous role in the supply chain as they bring products into distribution centers and sometimes directly to customers. Manage and Mitigate Supply Chain Risk.

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Use agile budgeting to manage your cash

David Teten

Instead of budget approvals, monitor key metrics and give managers more flexibility. How should a growth company manage their budget? So here’s the solution I have recommended to some of my portfolio companies: “ agile budgeting ”, i.e., monitoring a few key variables while giving managers significant flexibility.

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How To Find the Right Co-Founders?

Steve Blank

For example, if you’re building a mobile app, then the key activities are: app software development, user interface design and demand creation skills. Or if you’re building consumer electronics the key activities might be: low cost hardware design, high volume manufacturing, user interface design, consumer branding and retail distribution.

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How Remote Startups are Changing the Game for Everyone

ReadWriteStart

To be fair, many businesses had distributed teams even before COVID-19 blindsided us. Often, managers worry that their out-of-sight teams are not sincere about their working hours. The funny thing is that 59% of remote managers are least concerned about their workers’ emotional well-being, which has a cascading effect on team morale.

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6 Steps To Move From Inspiration To Business Reality

Startup Professionals Musings

I suggest you use social media, blogging, crowdfunding, or documented research to quantify a real demand from people who can afford it, and don’t have a better alternative already out there. This is the point where you must manage to metrics, work on the culture of the organization, and look for partner-based growth.

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[Interview] PSB Academy: Up-Skilling In A New Learning Economy

YoungUpstarts

Intermediation and re-intermediation of tourism channel partners such as Airbnb can happen too. The syllabus is centred on responsible and social entrepreneurship on top of hospitality management. Dr Liow: We had one recent graduate who decided to join forces with his dad to manage the family-owned backpackers chain in Yangon, Myanmar.

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9 Business Model Components For New Business Funding

Startup Professionals Musings

Every entrepreneur needs to know and communicate the total costs associated with their solution or product, including cost of goods sold, customer acquisition costs, capital costs, operational expenses, and partner costs. Investors will demand clear channel definitions. Key partners. Key resources. Customer relationships.