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How To Keep Your Company Alive – Observe, Orient, Decide and Act

Steve Blank

Paycheck Protection program and the Economic Injury Disaster Loan program. Your revenue plans are no longer valid. What’s your monthly cash burn at your new low revenue level? Also see if the the Economic Injury Disaster Loan program applies. Marketing programs spending. How many months of cash do you have?

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What Makes Employees Productive in a New Startup?

ReadWriteStart

After launching a new startup, you’ll be interested in growing the business as quickly as possible, thus generating more revenue, securing more stability, and improving your reputation as well. You’ll need to think about employee retention. But many of the strategies that boost employee productivity will also boost retention by proxy.

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Finding the Return on Investment of Learning and Development Programs

ReadWriteStart

Measuring the return of investment, or ROI, of learning and development programs is incredibly important to making visible the impact of these programs. Revenue and profit are two classic indicators of a successful ROI. When basing on a salary of $15 an hour, a company could be spending over 1k based on 71 hours of training.

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30 Entrepreneurs Share How They Prepare for a Bad Economy

Hearpreneur

As I've taken the time to invest in companies and programs that can manage various facets of my business on my behalf, I've been able to increase my revenue and provide better financial insulation for my firm to help it withstand the negative effects of a recession. This will keep them sustainable should revenues take a dive.

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Three Counterintuitive Ways To Build A Business That Lasts

YoungUpstarts

When you consider that 88% of people leave their jobs for a position with a matching or lower salary you come to understand that the reasons for changing companies is rarely financial. Despite being a bootstrapped company with little revenue, we over-invested in a central New York City office at a rate of 15% rent to revenue.

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9 Steps Proven To Build A Successful Sales Team From Scratch

YoungUpstarts

Generating revenue through sales, especially as start-up capital diminishes, can make or break a company’s success. These should include not only revenue goals but also the sales activity required to achieve the revenue. Implement a structured onboarding program. Fortunately, there is a well-defined formula for success.

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10 Things that 3 Customer-Centric Brands Get Right

ConversionXL

Do what’s best for the customer—even if it doesn’t grow revenue. A few of the features Monzo built, however, go against revenue generation in favor of doing what’s best for customers. It’s not the only example of Monzo serving customers at the expense of potential revenue. Test novel ways of solving the same problem.