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The Five Stages of VC Funding Explained - Cox BLUE
The amount invested here may be significantly higher than during prior stages. At this point, the company may also be moving toward profitability as it pushes its products and advertisements to a wider audience. Stage 4: Expansion stage/second stage/third stage capital. Growth is often exponential by this stage.
Best Practices for How to Train Employees for Cyber Security - Cox …
The Importance of Cyber Security Training for Employees. As more and more data breaches and hacks make the news, affecting businesses ranging from kitchen manufacturer OXO to investment management giant BlackRock, it’s vital that you take the time now to look at where your organization is vulnerable.While you can set up any manner of systems to protect your business with cybersecurity, the ...
21 Ways to Improve Guest Experience and Customer Service in …
Here are 21 new ways to create a great customer service experience at your hotel. 1. Make your marketing mobile-first for a better guest experience. Technology is rapidly changing the customer’s path to purchase. According to PhocusWire, 94% of leisure travelers use multiple devices when planning and booking travel.
Should Your Business Offer a Free Trial – 7 Pros and Cons - Cox BLUE
2. Con: Money and Time Costs. Offering your product for free, even for a short time or in a limited version, obviously has monetary costs. But a free trial also takes careful preparation—deciding the length of the trial or identifying the features included, creating an effective and intuitive sign-up process, marketing the trial—all of ...
Buyers Guide for Selecting a Business Phone System and Service
272. SHARES. Technology gives your company a competitive advantage, and your enterprise-grade business phone system is a key component. It works in the background, handling calls and keeping your teams connected. In the past, telephone systems served basic communication needs. Today they are a technology investment that impacts your entire ...
The 6 Stages of a Startup: Where Are You? - Cox BLUE
Stage 2: Commitment. Here’s where you move from a concept to a company, putting your research into practice. Create a prototype, develop a process, and start building a team. Secure funding. Continue to refine your business model. Work towards a minimum viable product, begin initial marketing to drum up some word of mouth, then launch.
How To Tell the Backstory of Your Startup or Small Business - Cox …
To develop an engaging backstory, start by understanding your audience. Explore the events influencing your organization’s passion, culture, decision-making, and customer experience. Brainstorm a timeline of significant moments. Use the five foundational building blocks of persuasion: hero, antagonist, awareness, transformation, and passion ...
25 Reasons and Benefits for Business Security Camera Surveillance
Security Cameras Increase Overall Safety. Security cameras positioned throughout a business help to prevent crimes and break-ins. Businesses are 4x more likely to be burglarized as a home. 2. Video Surveillance Can Help Prevent Shoplifting & Theft. Business security cameras, prominently placed, can help deter theft.
The 9 Critical Functions of A Strong Business Continuity Plan - Cox …
Creating a Business Continuity Plan. When business owners think about creating a business continuity plan, many tend to limit the scope of their plans to simple IT recovery and emergency preparedness, without taking all critical business functions into consideration.. In reality, a well-designed business continuity plan impacts nearly every aspect of your business health.