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Business Incubator Series: Troy Henikoff, Excelerate Labs – Chicago, Illinois (Part 3)

Posted on Friday, Apr 29th

By guest authors Irina Patterson and Candice Arnold Troy: SurePayroll eliminated the cost of all those pieces: the paper checks and reports, the delivery guy, the car he drove in, and the building drove from and the operator. It really reduced the cost and make it much simpler and easier for small businesses to process

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Top 10 Outsourcing Stocks

Posted on Wednesday, Sep 3rd

Anything I write about outsourcing seems to lead to a heated debate. My article on the Death of Indian Outsourcing was one such piece. The more recent Obama and Outsourcing received a similar welcome. Regardless of what happens to the outsourcing industry as a result of the US elections in November, outsourcing firms will remain key contributors to a changing

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Cracking the Very Small Business Market: PayCycle CEO Jim Heeger (Part 9)

Posted on Tuesday, Oct 23rd

SM: Out of 5.2M small businesses, only 800,000 are using a software service for payroll? JH: It is under 16%, and that is why this is an attractive space because it is un-penetrated. All 5.2M of those people have some solution, but our belief is that a lot of them are doing it manually and

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Cracking the Very Small Business Market: PayCycle CEO Jim Heeger (Part 8)

Posted on Monday, Oct 22nd

SM: Financial institutions seem like a great distribution channel for small business payroll. JH: I think the distribution strategy is to be where people are likely to buy payroll. Be on the web, be at retail, be at the accountant, and be at the banks. SM: You do the tax portion as well. How about

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Cracking the Very Small Business Market: PayCycle CEO Jim Heeger (Part 2)

Posted on Tuesday, Oct 16th

SM: A key issue with small business facing products is how do you reach your customers, give that it is such a fragmented market. What did Intuit do? JH: It was a direct marketing play. Historically, as computers came down from the enterprise level (the IBMs of the world), they went to the mini computer

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Enterprise 3.0 = (SaaS + EE + SME + TWS)

Posted on Tuesday, Sep 11th

So the variable I talked about adding to the Enterprise 3.0 formula is Small Medium Enterprise (SME). Why is SME important? You’ve heard me say this before. But let me reiterate. For one thing, there are 25 Million of them, with an enormous spending power. To give you an example of a software company that

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Concur CEO Steve Singh (Part 12)

Posted on Friday, Aug 17th

Much of the growth opportunity for Concur, in my opinion is in being able to effectively penetrate Small Medium Enterprise (SME) markets. Here, we discuss issues around market size and profitability of the sales channels. SM: Smaller deals, in the 1-20 range, you can probably close them all by phone and even in the mid

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Microsoft’s two should-be M&A considerations

Posted on Sunday, Apr 10th

Microsoft has stagnated, much to the chagrin of its investors. The powerful vision of the eighties and nineties – of putting a PC on every desktop – no longer seems like a big, hairy, audacious goal. Instead, they are looking for greener pastures – mobile handhelds, digital homes, internet telephony – so forth and so

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