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Using Generative AI to Drive Corporate Impact

TechEmpower

TechEmpower has been instrumental in developing chatbots like these, utilizing generative AI to sift through internal documents and user manuals, enabling them to provide precise answers to customer service questions. AI-powered tools can handle routine inquiries and draft standard documents, freeing up legal staff for complex tasks.

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Scaling Sales: Arming & Aiming – A’s, B’s & C’s

Both Sides of the Table

I’m not (and never will be) a good process manager because I’m not process driven myself. You could often tell when a sales person couldn’t defend having the deal be listed as an A deal (and thus have a high forecast percentage) by having them walk you through each deal. Be realistic about your skills.

Sales 286
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How to Know When to Sell vs. When to Market to Customers

Both Sides of the Table

As the CEO I would work through my sales deals pipelines by doing “pipeline reviews” with individual sales reps and with regional managers. You could often tell when a sales person couldn’t defend having the deal be listed as an A deal (and thus have a high forecast percentage) by having them walk you through each deal.

Customer 324
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10 Reasons You Don’t Qualify for an SBA Disaster Loan

Up and Running

This does not mean that you need 2-3 years’ worth of documents showcasing your revenue and cost of goods sold, but you’ll likely need reports that show at least 12-months of financial activity. Cash flow management is important at any time, and basically provides a snapshot of the health of your business. Poor cash flow.

SBA 139
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Extremely Valuable Tips for Creating a Financial Forecast During the Early Stages of an Entrepreneurial Journey

Up and Running

Creating financial forecasts and budgets are not typically how many entrepreneurs envision spending their time, but these tools are incredibly necessary. An accurate and thoughtful forecast can be time-consuming, but it will help you to make informed decisions regarding staffing and growth, and it will help you attract investors.

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Introducing Lean Planning: How to plan less and grow faster

Up and Running

Develop a forecast: Basic forecasts and budgets are critical; And tracking them is even more so. Instead of detailed documents, we focused on tracking our performance to our plan and managing to regularly updated schedules and milestones. Determine your target market: You need to know and understand your customers.

Lean 147
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How Plan Vs Actual Comparison Helps You Manage Your Business

Up and Running

Planning is not just about the plan — it’s about the management. And plan vs. actual analysis, also called variance analysis, is essential to better business management. And planning means tracking the actual results , comparing them to the original plan, and managing the difference. What is plan vs actual? Start with your plan.