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When Should a Small Business Hire an Executive Team?

Up and Running

As you find your footing and begin to scale, you might feel ready to hire a formal executive team. The right C-suite positions for your business will depend on your unique needs, budget, and long-term goals. With that said, here’s a closer look at when — and how — to hire an executive team. How to hire an executive team.

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What Small Businesses Can Do To Survive And Thrive During The Pandemic

YoungUpstarts

Maybe because they have often been called the backbone of the American economy, small businesses are among those with the heaviest burdens to bear. The sad reality is, some of these small businesses may never open their doors again. The odds were always difficult for small businesses even before the pandemic.

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Small Business Optimism Persists, Despite The Pandemic

YoungUpstarts

Businesses and consumers alike are finding ways to adapt and stay resilient during these unprecedented times. In the inaugural American Express Entrepreneurial Spirit Trendex , the study, which polled 1,000 small and mid-sized businesses, revealed notable insights about the entrepreneurial spirit in the United States.

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4 Of The Best Small Business Tools To Use In 2020

YoungUpstarts

These range from budgets being significantly smaller, profit margins being squeezed, and employees juggling various roles to meet the needs of the company. Every investment needs to be carefully scrutinized to ensure it can deliver tangible ROI and positively impact the business.

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On-Demand Money Making Business Model for Startups

ReadWriteStart

However, owing to the rise of on-demand businesses – stepping out of our homes for our daily needs seems to be an idea of another era. On-demand business, what is that? The on-demand business model is also known as an access economy or a shared economy. On-demand businesses on the rise.

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Delegation 101: What Small Business Owners Need To Know

YoungUpstarts

The American Institute of Stress estimates that stress costs US Industry roughly $300 billion annually as a result of reduced productivity, missed work, and employee turnover and related training costs, among other factors. Your valuable energy and time must be focused on working on your business rather than in it.

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Employee Motivation Tips That Lead To Growth

YoungUpstarts

However, many small businesses don’t have the benefit of larger department structures. So, the owner of the business and the manager are one in the same. It’s a challenge to wear many hats, but employee motivation and recognition will help your business grow and succeed. Why Employee Motivation Matters.

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