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The Resource Center has all the info you'll need From content to user feedback, the resource center has the information you need for every level of the entrepreneurial process.
With board directors focusing more time on financial compliance, this author asserts life sciences and technology companies often neglect management of their technology-based product development. Entrepreneurs should establish scientific advisory boards to provide them with expert technology oversight and also to provide their formal boards with objective overviews of company technology.
A growing economy constantly creates new job opportunities in new sectors, but also displaces and even destroys existing jobs. The workforce in an entrepreneurial economy must always evolve as well. Government efforts to protect jobs are often misguided, hindering growth and new job creation. Pro-growth workforce rules should instead focus on developing worker skills, allowing maximum hiring and layoff flexibility, and focus adjustment efforts on getting displaced workers into new jobs as soon as possible. Small firms employ half of all private sector employees and create 60-80 percent of net new jobs in the U.S., according to the SBA. Labor rules are one of the largest barriers to entrepreneurial ventures. The World Bank’s cross-country comparison of labor regulations shows lower job creation where workplace rules are more rigid. Labor rules must move beyond the early 20th century framework of management versus labor and encourage new firm formation as well as a dynamic, not static, worker.
Just because an applicant has strong qualifications doesn't mean he's the right employee for you. Read more about establishing the right business culture at your healthcare startup.
Building a workforce for a healthcare business can be tough for entrepreneurs on a tight budget. Read about creating an internship program in a small business.
The title of founder should be given to one person in a startup if possible, or to multiple people with equal equity in the company, says entrepreneur Jay Adelson.
Besides having a good idea, the biggest key to a startup's success is having a diversified leadership team containing four personality types. Read more about forming a great team.
Sometimes the best healthcare innovations come from great minds outside of the healthcare industry, which is why it's important for startups to have diverse minds on staff.
hen a great leader is in place, it can make all the difference to reach success and often can mean turning around a struggling company. This expert and seasoned entrepreneur provides practical advice on the skills you should look for when hiring a CEO for your growth company plus six tips on building a strong top team.
In this Collection overview article, this entrepreneur and director argues boards of directors are critical success factors in fast-growing companies. This expert debunks a set of common misconceptions many entrepreneurs have about boards and outlines why an entrepreneur should build one.
For entrepreneurs running growth companies, one major challenge is providing affordable health care coverage for employees. Most important, costs continue to rise for many key prescription drugs. This article provides practical strategies entrepreneurs can use to provide prescription drug coverage for their teams and help lower their companies' overall health care costs.
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