Startups Are Abandoning the Outsourcing Model
Apparently, what’s old is new again. It’s been noticed that many new technology firms are now hiring permanent, full-time employees as opposed to obeying the previous mantra of outsourcing everything they could, and having as few employees, and assets, as possible. Startups are abandoning the outsourcing model. These companies say that investing in employees by training them, giving them a… Read more »
Success Drivers of Small Companies
It’s interesting to think about why some small businesses succeed and some don’t. And why the ones that do succeed either plateau at a certain level, or, just keep growing until they become huge corporations. Just what is the difference between small companies that fail, and ones that succeed? And further, among the companies that succeed, what’s the difference between… Read more »
Cracking the Code On Owning Your Own Business
Just as both a corollary and a follow-up to my last post about why you should own your own business, I was looking through some demographic research last week, and came across the data sets pertaining to Asian-Americans. According the U.S. Census Bureau, the category of Asian-American includes, but is not restricted to, these main countries of family orgin: U.S…. Read more »
You Should Own Your Own Business
If you’re a client of Sareen and Associates, then you know how heavily invested we are in the concept of entrepreneurship. We keep the lights on here by catering to the needs of entrepreneurs, and, by always striving to help them succeed and prosper. Whether it’s a new restaurant, a software developer, a new law firm, a carpet installer, a… Read more »
The False Economy of Paying Low Wages
Does it make good sense to pay your employees as little as possible? Lots of small firms (and big corporations) would answer that quickly with a resounding “YES”. They would tell you that labor costs are a big part of their overall costs, and the more they can reduce labor costs, the better. But, if that’s the case, then why… Read more »