Making the most of an accelerator program: 4 startup strategies

An accelerator program can have a profound effect on the success of your startup. As well as receiving expert advice and guidance from seasoned mentors, you'll be learning from the rest of the cohort. You'll also have access to resources, networking opportunities, and potential investors. Most accelerators last several weeks, if not months, with an intensive schedule that requires lot of your time, effort and sustained focus. To help you maximise the benefits, Zach Anderson Pettet shares he...
Continue reading
  0 Comments

4 tips for startups looking to improve their interview process

As a startup owner, you wear many hats, and so do your employees. One of those many hats may be that of a hiring team and interviewers. Hiring is often a task that everyone must assist with on top of everything that's on their plate. To help you have the most effective recruitment and hiring process possible, check out these four tips for startups looking to improve their interview process.   #1: Prepare for the interview Many startups overlook this important first step. It's easy to do, es...
Continue reading
  0 Comments

5 ways startups can attract great talent in a competitive market

As the owner of a startup, you understand that money is often a challenge when it comes to hiring. This makes it extra hard to compete for the best talent, especially when the economy is hot, and the jobless rate is low. So, the question is out there, "How do you hire a top-notch team when you are competing against the big guys?" Take a look at these five ways startups can attract great talent in a competitive market. #1: Create an employer brand You are probably well-versed in how to create a b...
Continue reading
  0 Comments

4 financial reporting tips for startups

Running a new startup is tough. It takes long hours, lots of sweat equity, and tremendous planning. While you may have a handle on getting your startup off the ground and bringing your products or services to market, do you know what you need to do when it comes to your finances? One of the most important things you can do is prepare good financial statements. Why? It's the only way you, your board, your staff, and your investors will know where you stand. Good reporting helps you with financial...
Continue reading
  0 Comments

Things startups need to consider once they receive venture backing

You can find many articles on the internet about how to get funding. In fact, you may have even gotten loads of advice on how to get venture capital from business leaders in your community. The one problem, though, is few people tell you what to do with it once you have it. Let's take a look at things startups need to consider once they receive venture backing. Plan your budget wisely Your venture capitalists are going to want an accounting of where you are spending your money. They will expect ...
Continue reading
  0 Comments

10 tips on creating HR processes and policies for startups

You're a go-getter. You've spent months, if not years, getting your startup off the ground. If you're like most entrepreneurs, you've done most of it on your own. But, regular tasks like recruitment, hiring, payroll, benefits plans and employee care are slipping away from you, and there's that nagging voice in your head that's telling you that you need some help. Yet, you don't think your startup is quite big enough for an HR (human resources) department. So, what do you do? In this article, we'...
Continue reading
  0 Comments

5 signs it's time to outsource accounting

Taking care of your startup's accounting functions in-house can not only be a headache but a time-consuming task that eats up a lot of your resources. Whether it's payroll, accounts payable, accounts receivable, credit card reconciliation, inventory and budget reports, bank reconciliation, or payroll reconciliation, accounting can often be too much for the small startup to handle. How do you know you need help? Here are five signs it's time to outsource accounting. #1: You have no time left for ...
Continue reading
  0 Comments

Does your startup need cyber liability insurance?

As a startup, you know you need general liability insurance, property insurance, and workers compensation insurance, but have you ever considered cyber liability insurance? What is cyber liability insurance Cyber insurance generally covers your startup's liability for a data breach that can involve private, sensitive customer information such as social security numbers, credit card numbers, account numbers, addresses, health records and driver's license numbers. When hackers gain this informatio...
Continue reading
  0 Comments

How to start your own business while you’re still employed

Building your own business without having to give up the financial security of a regular salary can be a great way to test the water and validate your business idea before taking the plunge into full-time entrepreneurship. Many successful entrepreneurs start working on their business as a side hustle. And while it may be hard work, research shows they're less likely to fail than those "who jump in without having the safety net of employment," writes Pratik Dholakiya. Here, he shares his top...
Continue reading
  0 Comments

Top HR mistakes made by startups and how to fix them

You know that to help your startup succeed, you have to have a competent, experienced, dedicated team. Unfortunately, though, many startups slip up when it comes to human resources, hiring, training, developing and retaining a great team. To help you avoid these all too common issues, we look at some top HR mistakes made by startups and how to fix them. Mistake #1: Not hiring a human resources person Whether you have a part-time, full-time or outsourced professional manage your HR, you need some...
Continue reading
Tags:
  0 Comments

From the Community

Pinned Items
Recent Activities
There are no activities here yet

Join Today!

  • #ShapingtheOdds is completely free to join and use, and community members buy into the pay-it-forward philosophy of openly sharing help, knowledge, ideas and advice to fellow community members. 

    Register below, or read more here!

  • We recommend that you register and log in using the Facebook button.