Startup Must-Haves You Didn’t Know You Needed
Every startup goes through twists and turns as they figure out their business model, their hiring strategy, and the way they hope to build an awesome culture around their organization. However, as you plan how you want your startup to grow, it’s important to think about all the things you forgot to think about. I know, I know – it’s hard; you didn’t think of them because you forgot to think of them!
That’s why we’re here to remind you. Read through this guide to everything your startup needs that you didn’t know it needs. Check it out.
Worker’s Compensation
If you don’t have a robust system for worker’s compensation and worker’s comp PBM for pharmaceuticals, you absolutely must get one in place. With many startups deploying delivery drivers, factory workers, fulfillment center laborers, and other manual workers, it’s unfortunately quite likely that, eventually, someone may get hurt on the job.
Don’t get stuck without an adequate system for handling workers’ comp. You don’t want to be subject to a lawsuit, or wind up losing your business because of shady workers’ practices. Prioritize this aspect of your startup ASAP for long term success. 
Cyber Security
When you’re busy looking at your promising business projections, detailing your business plan, or making hot deals with venture capitalists, it’s easy to forget that cybersecurity is a huge aspect of your business to consider.
You’re just one hacker’s successful infiltration away from losing all your data, or someone stealing your intellectual property and making a huge profit off your idea. The solution? Invest in cyber security software and other solutions, like training for all employees. Half the time, it doesn’t even take an experienced and skilled hacker to get into your systems. Your employee may have just left themselves logged into their work email on a public computer. Prioritize security training to keep your company data safe and secure.
Diversity & Inclusion Training
In today’s modern workplace, it’s likely your employees will come from all walks of life, religious backgrounds, racial groups, genders, and ethnic identities. It can be disastrous for a workplace to have a toxic environment due to uneducated and exclusive employees saying offensive things.
As a startup owner, it’s your responsibility to train all your employees in being delicate and compassionate around these issues. Luckily, there are online diversity and inclusion training courses available for companies to purchase. Often, for organizations above a certain size, this can be required by state law. Be sure to look into this, then shop around for the best package available to get your employees educated on issues that matter.
Management Coaching
Managing a team of employees is hard work, and it’s important to that you invest on coaching your managers to do this effectively. While it may seem intuitive, even good-hearted managers can fall prey to vices like being mistrustful of employees, failing to be transparent, or even pressuring employees in an unfair and hostile way.
Management coaching may seem like a silly expense, but it will bring in more revenue in the long run as your employees working under managers are more likely to be productive and engaged when they are well-led.
A Brand Identity
Lastly, no incredible idea will make it to the top without a serious brand strategy behind it. These days, customers don’t just want to buy a product; they want to buy a part of their identity. Are your consumers cool surfers? Hip downtown freelancers? Tech bros? Depending on your audience, your branding strategy will change, and you’ll need to be careful about choosing the right one.
Many startups actually find it beneficial to hire a professional strategist to help develop their brand identity through viral content, paid advertisements, and online store branding. If this is within your budget, it’s highly recommended, as it’s what makes the difference between a polished product that consumers want to buy and one they feel nervous about taking the plunge with.
As you make waves in the startup world, remember to take the time to think of the things that you so far may not have thought of. It may seem difficult, but by reading through lists like these, it can be done!
