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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. The same applies to manufacturing and almost any process these days.

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How Entity Management Software Supports Growing Businesses

The Startup Magazine

Expanding a business can be quite challenging due to its complexities. Achieving growth requires maintaining records and ensuring compliance while efficiently managing entities involved in developing and expanding business operations. Teams can swiftly make informed decisions with the power to access real-time data at their fingertips.

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Technical Review: A Trusted Look Under the Hood

TechEmpower

Many CEOs of software-enabled businesses call us with a similar concern: Are we getting the right results from our software team? We hear them explain that their current software development is expensive, deliveries are rarely on time, and random bugs appear. What does a business leader do in this situation?

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Revolutionizing Employee Feedback: Modern Approaches to Performance Reviews

The Startup Magazine

Key Takeaways Understand the shift from traditional to contemporary performance reviews. The arrival of sophisticated software for performance review has been crucial in this change, offering robust tools that enable continuous feedback and real-time performance analysis, setting the stage for more dynamic workplace environments.

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Strategies to Improve Cash Flow Management for Startups

The Startup Magazine

Yet, most small businesses fail due to poor cash flow management. Image source Startups often face unpredictable revenue streams and mounting operational costs, making cash flow management particularly challenging. Implementing smarter inventory management strategies can free up cash and improve operational efficiency.

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10 Attributes Of The Perfect Partner For Your Startup

Startup Professionals Musings

If they or you find it hard to trust others, love to work alone, always have to be in control, or insist on micro-managing, it may be time for change or looking elsewhere. Neither partner needs to be managed. Thus you should do the same or more due diligence on educational background, previous work, and references.

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Selecting a Software Development Company in 2024

TechEmpower

million software developers worldwide. Project Management: Get a clear understanding of the company's process. What are the review periods and your responsibility in the process? Is there a project manager? An account manager? While beneficial, some project managers hinder effective communication.