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Business Operations : Article

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Lessons from Failure :: Renting High-end Jewelry
Kander Diana
11/15/2012
Article Resource
Summary:

At age 25, Laura Sanko was a founding member of a startup that raised $3.5 Million from some world-famous investors and the Founder’s Fund.  The business model was simple: a website that rented high-end jewelry for special occasions for a fraction of the retail value of each piece.  Three years later, the investment money was all gone and while the site continued to operate, it had failed to meet the investors’ expectations.

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A Cautionary Tale About Partnership
Fox Richard
7/22/2010
Article Resource
Summary:

This entrepreneur thought he had built in adequate legal protections to ensure his partner in a new venture would not get full control of the business. When the partner was ready to sell the company, however, the entrepreneur discovered he didn't have the leverage he needed to stop the company's sale.

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A Paperless Way to Track Receipts
Spero Les PhD
7/22/2010
Article Resource
Summary:

Les Spero tells the story of business operations challenges he once faced that led him to create technology to help businesses like his become more efficient and profitable.

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Dilbert is Right, Says Gallup Study
7/22/2010
Article Resource
Summary:

Only 31 percent of employees are engaged at work, and 17 percent are actively disengaged.

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Shared spaces give startups room to grow
Dalton Alyssa
3/26/2010
Article Resource
Summary:

With the recent opening of Ottawa’s newest co-working space, the city might be seeing an emerging trend towards shared offices.

Currently, there are two co-working spaces: Freedom Café, which opened last month, and the Code Factory, which opened in May 2008.

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Entrepreneurial Outsourcing: Operating Like the Big Guys
Kauffman Mason
9/1/2007
Article Resource
Summary:

Mason Kauffman launched his first company with himself as the only employee. He quickly embraced outsourcing as the savior that would allow him to leverage his core competencies. He knew that's how his company would grow. Along the way he learned a lot about the ins and outs of outsourcing. He shares some of those lessons here.

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Escrowing Software: New Technology Safeguard
Dodder Christian
9/1/2007
Article Resource
Summary:

Document destruction probably isn't at the top of your to-do list. But, increasingly, it's becoming a critical business function-and not just for companies with super-secret technology. With identity thieves afoot, for example, even basic personnel information that's gone astray can lead to expensive and distracting lawsuits. This article offers an insider's view of why even small firms should seriously consider outsourcing this function as the most secure, efficient, and economical way to ensure confidentiality.

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Five Steps to Successful Outsourcing
Schulweis Kathleen B
9/1/2007
Article Resource
Summary:

The devils plaguing entrepreneurs who outsource are indeed in the details. Getting it right involves sidestepping five common pitfalls and following five commonsense practices. Basic to a successful outsourcing relationship: Does everyone agree on what the deliverables will be?

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An Introduction to Lean Manufacturing
Fite Ronald
8/1/2007
Article Resource
Summary:

What does "Lean" mean? This article provides the basic background, terminology, and insight entrepreneurs need to understand how specific, proven processes lead to reduced costs, improved quality, and delighted customers. It also briefly considers the next logical extension of Lean Manufacturing (Lean Thinking), which allows service companies to benefit from the hard-won lessons of manufacturers.

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An Overview of Six Sigma
Waggener Donald G
8/1/2007
Article Resource
Summary:

The Six Sigma manufacturing process drives production to near-perfect levels, seeking less than 3.4 defects per million output units. Here, the basic purpose and process of the Six Sigma methodology, and its connection to "lean" manufacturing, are clearly explained for entrepreneurs. The article also provides tips on getting started and guidelines to successful implementation.

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