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How Entrepreneurs Need To Plan To Protect Their Business

The Startup Magazine

Use Contracts to Your Advantage Whether you’re hiring employees, working with vendors, or entering into agreements with partners, contracts are essential. Additionally, employment contracts ensure that you and your employees have mutual understanding regarding their roles and the company’s policies.

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8 Initiatives To Heighten Your Customer’s Experience

Startup Professionals Musings

The process must be employee friendly, as well as customer friendly, and have feedback mechanisms to correct poor results. If service employees are not happy, the process isn’t working yet. In the past, competitive advantage was all about economies of scale, advertising power, and service versus price.

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Can Your New Venture Pass The Scrutiny Of Investors?

Startup Professionals Musings

Make sure the Business Plan and all related documents are current, synchronized, and in the hands of every key employee. This is a good time for the CEO to present the final investor charts, and answer any questions from employees. This will involve an analysis of the company’s distribution channels, advertising, and pricing strategy.

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6 Keys to Attracting Customers Based On Social Needs

Startup Professionals Musings

Most experts agree that these people now create and grow more trends than classic push advertisements. At every Ritz-Carlton , employees are authorized to spend up to $2,000 per guest to solve a guest issue or improve a guest's stay, no matter what the cause. Play to exclusivity, uniqueness, and personalization.

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7 Keys To Making Many Millions In A Business You Love

Startup Professionals Musings

Hiring virtual assistants for each specific project can be a lot more efficient and cheaper than hiring and managing employees. Audience contributions, like product reviews, discussion board conversations, and comments on your blog are invaluable because they create more credible content and attract more money from advertisers.

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Hibu’s Smart Solutions Spark Local Business Success Stories – Sponsored

The Startup Magazine

An RV maintenance and repair-shop worker reported, “I switched to Hibu last year for all of our advertising and website services. An outboard repair service owner shared his experience: “For the past 20 of my 28 years in business, I’ve avoided advertising, relying mostly on word-of-mouth.

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Organization That Failed to Innovate – Avoid Their Fate

ReadWriteStart

While employees are often inspired by success stories and case studies of triumphant innovation tales of large companies, the cost of not innovating is often overlooked. Sharing the stories of organizational failure due to a lack of enterprise innovation can create a sense of urgency in employees and make them understand the stakes.