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How To Turn The Great Resignation Into A Great Employee Retention Strategy

YoungUpstarts

Retaining top talent enables a company to attract more high-level performers, increase employee engagement, boost productivity and increase revenue. Rod Robertson shares some tips to business owners to improve their employee retention.

Retention 264
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What Makes Employees Productive in a New Startup?

ReadWriteStart

After launching a new startup, you’ll be interested in growing the business as quickly as possible, thus generating more revenue, securing more stability, and improving your reputation as well. What Makes Employees Productive in a New Startup? So what is it that makes employees productive in a new startup? Limited budgets.

Employee 127
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How To Survive The Loss Of A Main Customer

YoungUpstarts

When it occurs, the consequences can be swift and devastating, wreaking potential havoc on a once steady stream of revenue. The loss of these major customers can have a dramatic impact on both internal (employees) and external contributors (investors). In many cases, this scenario is inevitable and difficult to prevent.

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5 Strategies For Balancing Revenue Versus User Growth

Startup Professionals Musings

Some analysts argue that revenue drives growth, while others say user growth drives revenue. Google reached $1B in revenue within five years of incorporation, and now has a market capitalization of over $1 trillion. Long-term stability requires revenue growth and profit. Both have worked. Traditionally, it was simple.

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Employee Retention Credit Advance: The Key to Business Survival?

Women Entrepreneurs Can

One such option is the Employee Retention Credit Advance (also known as an ERTC Advance or ERCA), which can be a key financial support. What Is the Employee Retention Credit Advance? Companies need to show a major drop in revenue or that they were forced to partially or fully shut down due to COVID-19.

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Entrepreneurial Excellence: Strategies for Business Growth

The Startup Magazine

Revenue Growth: Achieve a 25% increase in annual revenue by entering new markets and boosting sales efforts. Budgeting: Create a detailed budget that outlines expected revenues and expenses. Diversify Income Streams: Explore new revenue streams to reduce dependency on a single source.

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Recession ahead? Follow these Money Saving Tips for your Workplace

ReadWriteStart

Carl Jenson, Founder of Compare Bank, emphasizes the importance of involving employees in identifying and implementing cost-saving measures. Here’s how to encourage a culture of cost-cutting: Open Communication: Foster an environment where employees feel comfortable sharing cost-saving ideas.