Both Sides of the Table
APRIL 19, 2011
I recently sat down with Matt Coffin , the founder of LowerMyBills, which sold for $400 million but was very nearly a bankruptcy only a few years early, and talked “startups.&#. I figured if Matt was on the verge of bankruptcy and one mentor changed his trajectory, what if we had a formalized, community-wide program?
YoungUpstarts
OCTOBER 24, 2017
A CPA provides input on tax structure and metrics, and assists with due diligence related to your industry. Bankruptcy? For example, an attorney can assist with issues concerning corporate formation (such as the pros and cons of corporations, limited liability companies and other structures) that may impact liability. Who owes what?
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The Startup Magazine
JULY 1, 2019
With staggering statistics like these, it’s clear that startups need to come up with affordable ways to handle their accounting services needs in order to avoid bankruptcy. While hiring a CPA may be quite costly for a startup that is yet to establish a footing in the business world, it does have its own benefits. Hire a Bookkeeper.
YoungUpstarts
DECEMBER 2, 2014
In fact, since 2000, more than 10 million Americans have filed personal bankruptcy due to their employers’ failed health insurance plan. If you’re a trusted adviser (CPA, attorney, tax professional)…. For many, it’s been a struggle. But the Affordable Care Act has changed the game. Become a compliance expert.
Occam's Razor
SEPTEMBER 24, 2012
You can't really do CPA with Facebook, else I would have it there (for CxOs FB should consider doing conversion tracking). Dippin' Dots crossed five million Facebook Fans a couple of days before they filed for bankruptcy in Nov 2011. They were recently rescued from bankruptcy, no not by their Facebook fans. :)).
Up and Running
NOVEMBER 10, 2014
If your business is considering filing for bankruptcy, read on to see how to proceed. If your business has been experiencing financial difficulty for some time, is filing for bankruptcy the appropriate step? And if so, what bankruptcy options do you have? Is filing for bankruptcy the right decision for your company?
YoungUpstarts
MAY 5, 2016
by Tim Steffen , CPA/PFS, CFP ® , CPWA ® , Director of Financial Planning for Baird. A business failure can become dicey when an entrepreneur takes on too much debt, taps personal or family savings, and later needs to declare bankruptcy.” In fact, many new businesses don’t pan out. Keep a fall back.
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