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Key Considerations for Small Businesses: What You Need to Know

Strategy Driven

Implement customer relationship management (CRM) systems, point-of-sale (POS) solutions, and other digital tools to streamline processes and minimize errors. Compliance is vital to avoid legal complications, from obtaining business licenses to fulfilling tax obligations.

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Things to consider when starting your own trucking company

Strategy Driven

To operate legally, you will need to get the proper insurance and licensing. This includes software for trucking payroll as well as dispatch and scheduling programs, customer relation management (CRM) software, and GPS tracking systems. You will also need to make sure that you meet all state and federal regulations.

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Turning Your Catering Biz Into A Really Dishy Proposition

Strategy Driven

If you are just starting off on a freelance venture and trying out cooking for small events around you, make sure that you have all the licenses you need for a catering business. Unfortunately, many of these people keep building without realizing that they are going to need to be licensed to start charging people money for their services.

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Reverse Innovation in Tech Startups: The Story of Capillary Technologies

Harvard Business Review

This enabled them to build a full CRM (customer relationship management) solutions suite, specifically targeted towards retailers, that included associate applications, analytics, tablet/smartphone applications, and social components. Capillary grew their business rapidly across India and other emerging nations, generating solid revenues.

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How Corporate HQ Can Get More from Innovation Outposts

Harvard Business Review

As an analogy, think of sales and marketing and the rise of CRM. Among other reasons, companies build CRM systems to avoid contacts, histories, and networks of relationships leaving the company together with the salesperson. Propagate intelligence and insights. Speed up corporate deal making processes.

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What Knowledge Workers Stand to Gain from Automation

Harvard Business Review

In reality, this is just software that can be made to perform the kinds of administrative tasks that otherwise require stop-gap human handling – for example, transferring data from multiple input sources like email and spreadsheets to systems of record like ERP and CRM systems.

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The New Psychology of Business Models

Ask Atma

CRM options (sales force, pipeliner, google apps…). Licensing/commissions. TV, radio, magazines, newspaper. Direct mail, flyers. Polls, surveys, Beta testing. 8) Revenue – how will you make money? Single sales. Repeatable sales. Subscription service. Freemium to premium model. Advertising revenues.