5 ways for startups to increase productivity

Ask nearly anyone, and they'll tell you they wish they had an extra hour in every day. Ask a startup entrepreneur, and they might tell you they wish they had an extra five hours in their day. So, while we might all wish for it, we aren't magical, and we'll have to do with the time we're given. The best answer to gaining time is to get more productive with your day. In this article, we look at five ways for startups to increase productivity. Do this, and you just might find that elusive extra hou...

8 tips to improve your resume

A resume is essentially your professional life experience all consolidated into a single document. Upon entering the workforce, you will need a resume to apply for new jobs. This is your chance to showcase your skills to recruiters and prove why you are better qualified and well suited for the position rather than other candidates competing for the role. Regardless of the experience and skills that you currently possess, little adjustments to your resume can go along way to improving your profil...

5 cash flow management best practices for startups

Your goal with your startup is to make money, right? This is why it's so important to keep money in the bank moving in and out in a healthy manner. If you want your startup to succeed, you'll have to manage your cash flow with finesse. This can be difficult for new business owners especially when it comes to keeping tabs on your burn rate. In fact, not paying enough attention to your cash flow can result in startup failure. Even if you are profitable, or you've raised a lot of capital, things ca...

Stop talking, start innovating

Talk about innovation is everywhere – in board rooms, conferences, employee meetings and university classes. In 2019, it is estimated that billions of dollars will be spent developing innovation competency in corporations, ministries and society. However, to gain real returns, business leaders must stop talking and start being innovative daily in their actions, decisions and management approaches. In Silicon Valley, innovation comes through action. To be innovative, leaders must:   1. Be cu...

What startups need to know about payroll accounting

So you've opened your doors, you've hired your first round of employees, and now you need to pay them. While payroll may seem like an easy task, it's full of twists and turns that can trip up even seasoned bookkeepers. Here is what startups need to know about payroll accounting to ensure it's done accurately and in a timely manner. Decide pay dates Your first step is to set up your payroll. It's a safe bet that your employees want to know for certain when their paycheck is coming. You have sever...

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