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Lean Business Tips: Hiring Contractors for Fun and Profit(ability)

crowdSPRING Blog

We write often about ways small business can reduce expense, increase productivity, and operate more efficiently through a lean approach to marketing, technology, and operations. First of all, every employee that a company hires represents not just a salary expense, but everything that goes along with it.

Lean 99
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Lead and Disrupt

Steve Blank

Try innovating inside a large company where 99% of the company is executing the current business model, while you’re trying to figure out and build what comes next. And they also recognize that simply exploiting their existing assets, capabilities, and business models is insufficient for long-term survival.

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The Main Reasons Startups Fail

ReadWriteStart

Many business owners launch startups with the intention of running lean—relying on minimal resources to preserve the business for as long as possible. But even the leanest businesses need money to keep running. No Real Business Model. Many startups fail because they can’t manage things like pricing and cost.

Startup 180
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Lean Business Planning with Tim Berry [VIDEO]

Up and Running

We recently had Tim Berry, Palo Alto Software founder and business planning expert, present our Bplans audience with his latest advice on lean business planning. Start your lean business plan today: Download our Free Lean Plan Template one-page-pitch-download.pdf. That’s a lean business plan.

Lean 60
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The Best Ways to Save Money as a New Startup

ReadWriteStart

So what are the best ways to stay on the lean-side of things? Oftentimes, new startups are inclined to cut costs that seem superfluous or unnecessary for the core business model to function. Adopting a fully remote model means you’ll be able to hire people all over the world, greatly increasing your potential talent pool.

Startup 106
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How Early-Stage Startups Can Utilize the SVB Collapse as a Wake-Up Call

The Startup Magazine

You should only attempt to extend the runway if you have a growing business, are confident you can reaccelerate growth quickly, or have passion behind a potential pivot. There are startups out there that are valued at a billion dollars, but because of employee salaries, assets, etc. they still aren’t profitable.

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How to Start a Cleaning Business

Up and Running

According to data from PayScale’s salary questionnaire, house cleaners, nationwide, earned an average of $15.09 If you do hire employees, they will also need these characteristics: Trustworthiness. Will you do everything yourself or hire employees? And your employees? Our business model fixes them all.

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