article thumbnail

Selecting a Software Development Company in 2024

TechEmpower

million software developers worldwide. What are the review periods and your responsibility in the process? Client Retention: Do they have repeat or long-term clients? tew_cta text="Do you have an idea for a software project? Or do you need help evaluating software firms? In 2023, there were approximately 26.3

article thumbnail

Five Tech Solutions For Client Retention And Communication For Freelancers

YoungUpstarts

1 – Time Tracking Software. Another significant way that you can improve your business savvy is to take advantage of powerful software alternatives that go beyond the mainstream. A few choice software changes such as this one could shave hours off your workweek and help relieve the hassle of client communications. #3

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Remind Me Why I Love You? (Why “In Person” is Everything)

Both Sides of the Table

You race back to the office to tell everybody how well it went and you wait for the follow-up call to have a partners’ meeting or talk about term sheets or at least dip into due diligence. In our last meeting you asked me about our cohorts and why retention went down. What do I do now? Weren’t you the one who went to … oh, no.

article thumbnail

7 Key Startup Activities Where Follow-Up Is Critical

Startup Professionals Musings

I was with IBM in the early PC days when Bill worked with us to provide PC DOS and other software. Customer retention. A numbing 68% of all business lost in America is lost due to lack of follow-up after the sale. Of course there are people who are great at getting things done, but haven’t had an original idea in their life.

article thumbnail

Improving Employee Retention To Build A Strong Team

YoungUpstarts

Do you pay attention to your employee retention rate and whether your top employees are happy? It’s more than the cost of hiring new staff that makes your employee retention rate so important. Because having a strong, loyal team is crucial to an organization’s success, let’s consider ways to improve employee retention.

Retention 100
article thumbnail

Conversion, retention and churn benchmarks

VC Cafe

Understanding the benchmarks on conversion, retention, and churn for your business is therefore critical. Retention : The percentage of customers who continue to use a product or service after a certain period of time, typically measured over weeks, months, or years. Retention over 50% is considered top quartile.

Retention 109
article thumbnail

Tech That Can Make The Freelance Economy Sustainable

YoungUpstarts

They want platforms and services that automate hiring and retention while ensuring freelancers feel as supported as their full-time colleagues. To ensure freelancers feel like a valued part of the team, companies must treat their freelance workers with the same due diligence and open communication as their full-time workers.