Monthly Archives: June 2021

Employees of Templafy

Templafy, a Denmark-born B2B SaaS platform that does business document creation, has raised a $60 million D round of funding led by Blue Cloud Ventures. All previous investors also participated, including Insight Partners, Seed Capital, Dawn Capital, and Damgaard Company. Templafy has now raised a total of $125 million.

Founded out of Denmark in 2014, Templafy helps businesses tightly control their corporate templates, documents, fonts, email signatures, and more, ensuring that employees across departments can easily access them wherever they are. This is perhaps more important at a time when workers have been forced to embrace remote work, meaning that they may be more inclined to use an old document template they have stored on their laptop, for example.

To some extent, Templafy competes with PandaDoc. However, founder Christian Lund, said: “The platform that we’ve built is very enterprise-focused, so it is agnostic to use case. It’s really about helping employees produce pretty much any type of business document or content that they need to have, allow them to start from any application where they work. It might be Office or Google but it could also be Salesforce or teams or slack. Others are very vertically focused against particular use cases for example around sales. We are horizontally focused and helping out on a series of use cases across large enterprises.”

Mir Arif, Managing Partner at Blue Cloud Ventures said: “Templafy is solving an all-too-common, yet frequently overlooked problem for organizations: disconnected content. While the term may be new, the problem itself is not. When company content isn’t integrated into the applications where employees work, organizations experience disconnected content which can cause several damaging issues including loss of compliance, a drag on efficiency, and ultimately a negative impact on business performance. The ambition to solve disconnected content for all enterprises combined with a ripe market, an operationally strong team, and a powerful, user-friendly platform makes Templafy an exemplary partner.”

Templafy’s Series C round of $25 million was 14 months ago.

Tips for small businesses

In this blog, we going to discuss the 10 project management tips for small businesses’ success.

Small businesses have the chance to grow and improve. It would be beneficial if you didn’t waste any time in making exceptional efforts to ensure that campaigns run smoothly. Project management may look to be a demanding task, but with the right steps, you can launch a successful marketing campaign that will help the business thrive.

The following are the top project management tips to help you take on a project.  

1. ESTABLISH CLEAR OBJECTIVES 

Before you do anything else, you must establish the scope of your project and the goals you wish to achieve. It is difficult to establish a starting point, boundaries, and execution plan without a clear goal of what you want. If you have a small team, you must make sure that everyone is on the same page as you. Make it clear to them what you expect from them and what you want each role to accomplish.

2. KEEP A BUDGET AND STAY ON SCHEDULE 

It is essential to develop a realistic plan that you can manage. Small businesses have limited resources that should not be wasted. It would be helpful if you were not overly ambitious with your marketing campaigns, especially since when everyone has access to a wide range of low-cost digital tools.

Create a step-by-step plan and manage it until the process is completed. Setting and achieving goals becomes more manageable, especially when you stick to a schedule. Having a backup plan and learning to work around obstacles will help you avoid further frustration. Being on budget and on time also means choosing and implementing appropriate applications to make project management easier.

Utilizing programs can simplify customer simulation, road map simulation, story mapping, backlog management, and more. 

Read How to Empower Remote Teams with Project Management Tools

3. AIM FOR IMPROVEMENT 

It is not true that a small business cannot compete with larger businesses. While the difference in size and income is evident, it is even more critical for a small business to have the right set of processes in place to get things done correctly and on time. You may be a sole proprietor or part of a small team. Setting protocols and ensuring that your team completes their tasks effectively might make the difference between a small business and a serious enterprise.

4. MANAGE PROJECTS INTO PORTFOLIOS 

Projects come and go, but one constant should be the exchange of information and resources. As a fundamental premise of project management, having projects with similar elements grouped in a single portfolio will be beneficial. If two separate projects have the same resources or schedules, completing them together may save more time and money. A portfolio can be managed by a single manager who needs to take practical steps in resource management. 

5. CONTROL 

Getting in touch with the people you work with is crucial to the company’s success. Employees that are unable to assist you in managing day-to-day operations use company resources that would be better spent on employees who work hard. If you need to fill a position at your business, you can temporarily hire new employees to cover the vacancy. If you are unable to hire employees, you might ask your team if they would be willing to fill in a schedule over the weekend.

Also, read 8 Steps To Improve Project Collaboration Between Teams

6. KEEP COMMUNICATION OPEN 

Project management means getting things done by delegating tasks, setting schedules, and providing updates. The most essential part of working with a team is keeping them informed at all times. Keep them informed at all times, especially those who are working on the project with you. It will help in the prevention of bottlenecks, confusion, redundancy, and a chaotic work environment.

You can use communication apps and project management tools to which your team members can be added. Your team can also use and engage with these tools to keep everyone updated on the status of the project. There’ll be no need to go back and forth when you can make specific tasks finished.

7. PROMOTE ACCOUNTABILITY 

Roles are important in business. When working as part of a team, everyone must have defined roles and responsibilities. Likewise, they must work with their teammates to ensure that the following tasks are synchronized or fit together like a puzzle. 

As a business owner, you must also ensure that your employees understand the value of admitting mistakes. It demonstrates character, and the person is more likely to win trust and respect within the team for not blaming others.

It’s essential if you’re planning to start a remote workforce. These workers will not be working in the same location but will complete their tasks offsite. You must be aware of their specific roles, and they must be aware that remote work does not mean laziness. Management methods will differ, but you must be proactive while working with remote teams that you must guide online.

You can also read Managing Remote Teams: Top 4 Tips

8. DEVELOP RELATIONSHIPS ON THE OUTSIDE 

Being a business owner requires more than just interacting with your employees. You must also deal with merchants, shippers, and financial partners who are associated with your brand. They are the third-party associates with whom you may have contracts, even though they are not entirely owned by your company.

Suppliers provide the products, and shippers deliver them to your customers. Additional resources are provided by financial partners. You’re probably working with a lawyer to help you navigate the legalities. Maintaining strong relationships with them keeps your business afloat and by the law.

9. ASK FOR EXPERT OPINION 

If there are other people you don’t directly work with but who have expertise in the project you’re working on, these are professionals you can turn to for help. Some projects are worthwhile to investigate, and you may require expert assistance to completely express and understand the project itself. For example, suppose you’re an architect working on a church that necessitates a large number of gargoyle statues. You’ll need to enlist the help of a historian or someone knowledgeable about gargoyles. While pride is important, it is sometimes wiser to ask for help.

10. KEEP ARCHIVES OF PAST PROJECT  

If you happen to acquire the same job, it will be helpful if you have documents or files from a previous project that you may refer to if you need some references. Projects are always reported on, including the resources and people with whom you’ve collaborated. You can use these files to gain insight into how to handle your project on your own and use the same tools.

CONCLUSION 

To be successful, project management requires a few things: an objective, planning, execution, methods, and the right people. It’s primarily about adopting procedures to keep your team on the same track as you. In addition to them, you have third-party merchants and professionals to keep your business running smoothly. There are numerous layers to project management that are worth exploring.