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5 Keys To A Viable Spending Rate And Cash Management

Startup Professionals Musings

Don’t wait until you are almost out of cash before managing every dollar spent or looking for the next refueling from investors. As a mentor to many entrepreneurs and startups, here are my best recommendations for keeping the burn rate low, planning ahead and maintaining credibility with investors: Manage cash flow personally every day.

Burn Rate 258
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Using Generative AI to Drive Corporate Impact

TechEmpower

It plays a crucial role in product development too, where generative AI speeds up design processes, streamlines testing, and tailors user experiences effectively. By processing and analyzing large datasets, AI can identify emerging trends, enabling companies to align their product strategies with future market demands.

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Tech Industry Hiring In Canada Continues To Grow

YoungUpstarts

This has shown that the state of hiring within the Canadian tech industry in current cities and emerging cities are growing. Hiring for tech jobs in Vancouver is all done online. These are software engineers, business analysts, project managers, graphic designers, and web developers. The British Columbia Tech Industry.

Canada 167
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How to Optimize SaaS Development Costs

Up and Running

In the last decade, SaaS (Software as a Service) has become a very popular model for new software product development. The largest cost component of establishing a SaaS company is product development costs. This includes the design, development, launch, and enhancement of the SaaS application. .

Cost 158
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Trademark Registration Process — Do it Yourself or Hire an Attorney?

Up and Running

And hiring an intellectual property attorney may seem like a budget dealbreaker. Applying for a trademark — Do it yourself or hire an attorney? If you decide to tackle the process on your own, there are several online resources for managing the whole process. Hiring an attorney. The do-it-yourself approach.

Hiring 133
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Startup Mantra: Hire Fast, Fire Fast

Both Sides of the Table

The management team has to have a bias toward making decisions. There is an old management adage that says, “Hire slowly, fire fast.” Hire Slowly? I also subscribe to the views that you should always be recruiting (ABR) and when great people pop up you hire them and then find a way to make the role fit.

Hiring 335
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3 Tech Solutions That Make An Entrepreneur’s Day More Manageable

YoungUpstarts

From product development to market research, many startups are one-person operations in their early days. If you’re a first-time entrepreneur, I’m willing to bet you work longer hours than necessary trying to manage easily outsourced tasks. You’ll find your to-do list growing shorter and more manageable.