If you think your new business is too small for a human resources (HR) department, think again.Many new startups think they're too small for HR to matter, but this couldn't be further from the truth. You might think you can handle issues as they arise, but this leaves you open to conflict and even legal trouble.As a new startup, it's best practice to set get HR onboard in the beginning. In this article, we look at why your startup isn't too small to develop HR policies and processes from the sta...

When it comes time for startup valuation, you may wonder just how you can work out the value of your startup.The methods are important because you may not have a huge revenue stream which makes valuation a bit harder.In this article, we look at five tips to help you determine the value of your startup. After all, you want to earn this highest valuation from your investors, instead of being undervalued. #1: Talk to your accountant, lawyer, and investorsYes, you are most often worth what the ...

When it comes to staffing your startup, the price is high. In fact, your hiring decisions are vital to the success and upward trajectory of your startup.In this article, we look at five reasons why bad hires are so costly to startups. From the actual cost, to your time, your reputation, lost opportunities, and the culture impact, you can't afford to mis-hire.#1: The costThe straight up costs with putting your job on job boards, culling through applications, interviewing candidates, calling refer...

To defend our country, military service members have some unique qualities that translate well into the general job market when their service is complete.Active duty military are most often the hardest workers in the room. They are also usually motivated and exceptionally ethical. As a startup, these are just the kind of employees you want to recruit.Let's dive into this and look at why hiring veterans is a great idea for startups.They are natural leadersThe military trains their people well. Se...

Sure, there's an "official" Employee Appreciation Day, but why wait? Showing your staff appreciation every day goes a long way towards improving employee morale and creating a top notch company culture.This not only improves employee retention, but when word gets around about what a great company you are to work for, your hiring chances explode.There are many ways you can make your employees feel valued every day. In this article, we look at seven ways startups can show appreciation for their em...