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6 Due Diligence Concerns Before Outside Contracting

Startup Professionals Musings

If you have a software development background like mine, I’m sure you often get questions about when to outsource, versus building the solution in-house. If your software or your manufacturing process is your “secret sauce,” you need to keep the work in-house. Focus on operational processes, rather than innovative new ones.

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4 Essential Steps to Create Strong Standard Operating Procedures

The Startup Magazine

Creating standard operating procedures (SOP) documents is essential for organizing your entire business operations. By having a well-crafted SOP in place, businesses can be certain that operations are conducted efficiently and according to plan. Having access to this data makes it easy to set goals and make decisions quickly.

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8 Software Small Businesses Should Check Out For Efficiency

The Startup Magazine

In today’s rapidly evolving digital landscape, small businesses face the ongoing challenge of streamlining operations, maximizing productivity, and staying competitive. The key to overcoming these hurdles lies in harnessing the power of cutting-edge software solutions designed to enhance efficiency and drive growth.

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Going Global: How To Build A Distributed Team

YoungUpstarts

Going global is often a requisite growth path for businesses seeking to expand and whilst the model of setting up satellite offices is a tried and tested way to expand overseas a more recent organizational model is that of ‘distributed’ teams or companies. Distributed Teams: An Overview. The Need for a Harmonious Work Culture.

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6 Realities To Evaluate Your Outsourcing Alternatives

Startup Professionals Musings

If you have a software development background like mine, I’m sure you often get questions about when to outsource, versus building the solution in-house. If your software or your manufacturing process is your “secret sauce,” you need to keep the work in-house. Focus on operational processes, rather than innovative new ones.

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Best New Project Management Tools For Upstarts

YoungUpstarts

For the successful planning, control, and completion of a project, the project manager must keep track of deadlines, budgets, and work progress. In addition, communication between team members and between team and project manager is essential for success. Project management tools offer the right support for these requirements.

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The Shift from FOMO to FOLD in Early Stage Investing

View from Seed

This led to a number of repercussions that most VC’s have lamented during this time, including higher prices, larger rounds, shoddy due diligence, and many companies raising large sums of venture capital that probably aren’t suited to VC funding. In a FOLD world, this is going to continue.