Why payroll belongs in the personnel department
Some people think payroll is a function of the finance department. Maybe it’s because payroll is often the biggest, or […]
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Raise capital
This may involve getting a bank loan or line of credit or approaching investors. This activity is performed or led
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Learn and adapt
Identify problems in your business or department and solve them. Add what is missing. Remove what isn’t needed. Change what
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Execute the business plan
This is a startup activity that gradually becomes the routine operation of the business. The execution looks something like this:
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Create a business plan
This activity happens during startup. It may also happen later during a pivot, which involves similar steps to a startup.
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Product development
Product development is the process of figuring out what your product should do and how it will work. This process
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Market research
Market research happens a lot during startup but is also an ongoing effort to understand the customer’s needs, because things
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Technology activities
These are performed by people in the Technology Department. Product development Automation Process development Write documentation Testing Quality assurance
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Logistics activities
These are performed by people in the Logistics Department. Shipping Purchasing Receiving Arrange travel Rent or lease facilities Facilities maintenance
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Operations activities
These are performed by people in the Operations Department. The operations department is responsible for the business-specific execution, the main