YoungUpstarts

OCTOBER 24, 2017

Think about your employee and ownership hats. What type of behavior do you want to incentivize or discourage in your contract drafting process (for shareholder or operating agreement, employment agreement, employee manual and vendor and service agreements)? Bankruptcy? Must you wear both simultaneously? Ask tough questions.

Partner 208

Partner Technical Review Intellectual Property Due Diligence 208

YoungUpstarts

NOVEMBER 12, 2020

NBC News points out several companies that filed for bankruptcy during the later months of the crisis. Businesses that need to adapt to a changing economy need to quickly or get caught up in the collapsing wave of bankruptcy. The upside of having a massive, scaled business is that the profit potential is unmatched.

Bankruptcy 165

Bankruptcy Startup Agile Technical Review 165

Women Entrepreneurs Can

JANUARY 7, 2025

Employee-Related Claims: Got employees? Bankruptcy Due to Legal Claims: Heres a true story… a bakery owner didnt think they needed insurance. Workers Compensation Insurance: Employees get hurt. They love targeting small businesses because they know your defenses arent Fort Knox. Lets get into some real-life stuff.

Small Business 72

Small Business Technical Review Bankruptcy Reputation 72

Startup Professionals Musings

FEBRUARY 20, 2010

If these challenges can’t be resolved by the existing team with “course corrections”, an investor will often bring in an experienced CEO to tackle the “turnaround” before or after bankruptcy. All this led to a staff level exceeding 700 employees, contributed to lack of control and eventual bankruptcy.

Bankruptcy 120

Bankruptcy Silicon Valley Private Equity Software Review 120

YoungUpstarts

DECEMBER 2, 2014

companies can no longer afford to provide group health insurance to their employees. And both employers and employees alike have tried to make the most of a bad situation. In fact, since 2000, more than 10 million Americans have filed personal bankruptcy due to their employers’ failed health insurance plan. We said it.

Software Review 224

Software Review Employee Retention Government 224

Hearpreneur

OCTOBER 31, 2021

Saturn, Pontiac, and Hummer were all shuttered due to GM's bankruptcy, which occurred on June 1, 2009. They're also dedicated to giving back to the community and their employees, who each receive three pints of ice cream per day. When he starts a business, the only thing that matters to him is his employees. It cost him $4.8B

Entrepreneur 127

Entrepreneur Software Review Las Vegas Bankruptcy 127

Both Sides of the Table

NOVEMBER 14, 2010

Remember it was only 2008 where Microsoft and even Google were laying off employees. This is the time it takes for a bankruptcy or asset sale to occur. Argument two says, “big companies can’t innovate anymore so Google, Apple, Microsoft, etc. Many may simply hit the wall. Or a quick flip.

Florida 299

Florida Technical Review San Antonio Los Angeles 299

Startup Professionals Musings

JULY 7, 2012

If you are just plain tired of working so hard, or your startup is not getting the traction you expected, should you shut down cleanly, or just file for bankruptcy and walk away? For those who think that bankruptcy is the easy way out, think again. Bankruptcy should always be the absolutely last resort.

Bankruptcy 221

Bankruptcy Salary Operations Employee 221

Startup Professionals Musings

FEBRUARY 1, 2011

If you are just plain tired of working so hard, or your startup is not getting the traction you expected, should you shut down cleanly, or just file for bankruptcy and walk away? For those who think that bankruptcy is the easy way out, think again. Bankruptcy should always be the absolutely last resort.

Bankruptcy 220

Bankruptcy Entrepreneur Salary Operations 220

YoungUpstarts

MAY 8, 2014

Or a key vendor declares bankruptcy. Yes, an employee might know more than you about a particular aspect of your business, but that doesn’t mean she and the rest of the team won’t respect you as a leader (as long as you earn their respect, that is). Or a partner defects with your top client. Or a new law undermines your viability.

Technical Review 254

Technical Review Entrepreneur Florida Cofounder 254

YoungUpstarts

SEPTEMBER 13, 2019

Rebranding is one way to overcome the odds of a partnership breakage or a bankruptcy, showcasing the good points of your business. The best person who can champion your brand is you and your employees. Select a few of your employees who will take part or be in-charge of your rebranding. Why are you rebranding your business?

Technical Review 149

Technical Review Software Review Bankruptcy Equity 149

Gust

DECEMBER 22, 2011

Most traditional, bricks-and-mortar businesses have substantial, often enormous hard assets, such as raw materials and supplies, work-in-process, inventory, manufacturing equipment, real estate and more, as well as armies of employees. Tech startups are at the other extreme. Instagram is a textbook example.)

Intellectual Property 149

Intellectual Property Technical Review Software Review IP 149

YoungUpstarts

JUNE 13, 2020

Sadly, sometimes it’s impossible to avoid bankruptcy when you have a business. Will your business’s bankruptcy harm your own credit score? In any of the three cases you can file for bankruptcy and it won’t (or shouldn’t) impact the credit of any party involved. The post Does A Business Bankruptcy Hurt My Personal Credit?

Bankruptcy 207

Bankruptcy Limited Liability Company Finance Limited Partner 207

Startup Professionals Musings

AUGUST 10, 2013

If you are just plain tired of working so hard, or your startup is not getting the traction you expected, should you shut down cleanly, or just file for bankruptcy and walk away? For those who think that bankruptcy is the easy way out, think again. Bankruptcy should always be the absolutely last resort.

Bankruptcy 206

Bankruptcy Startup Salary Operations 206

Mike Michalowicz

APRIL 15, 2013

Full time employees represent static and recurring costs. In other words, bankruptcy. We feel more accomplished when we brag about the 15 employees we have for our (barely) million dollar business, instead of bragging how we have three employees with the per employee revenue exceeding two hundred thousand.

Cost 151

Cost Bankruptcy Revenue Software Review 151

YoungUpstarts

SEPTEMBER 10, 2013

For a startup, sustained revenue is of paramount importance: a paucity of sales in one month could lead to bankruptcy the next. To prevent disaster, it’s essential for startups to lock down a big client as soon as possible.

Security 147

Security Bankruptcy Startup Revenue 147

Hearpreneur

DECEMBER 23, 2020

I am looking to reopen offices in a smaller capacity when it is safe to do so and when my employees are comfortable with returning. I am listening to my employees and asking for their opinions on how to implement positive changes to make significant improvements to our future work environment. Thanks to James Bullard, Sound Fro ! #7-

Entrepreneur 133

Entrepreneur Technical Review Software Review Employee 133

Up and Running

JUNE 21, 2021

It has grown from five employees generating $120,000 in annual revenue to 350 employees generating annual revenues of $16.5 Black Diamond Equipment rose from the ashes of Chouinard Equipment’s bankruptcy when its former staff banded together to establish the climbing industry’s first company owned by its employees.

Columbus 134

Columbus SBA SBIR Utah 134

Up and Running

MARCH 15, 2017

When it comes to insuring your business, factors like your location, industry, and the number of employees can all affect what coverages are applicable. That could be anything from a slip-and-fall to one of your employees accidentally spilling coffee on their laptop. Do you have employees? Workers’ compensation insurance.

Bankruptcy 109

Bankruptcy Software Review Small Business Employee 109

Duct Tape Marketing

SEPTEMBER 4, 2024

Joe’s “don’t worry about it” mentality, is rooted in his blue-collar upbringing where his father often provided services for free, and once nearly led him to bankruptcy. Instead, it’s about offering high-quality, long-term solutions that anticipate future problems. He'd be like, no, don't worry about it.

Cloud 88

Cloud Bankruptcy Widget Kansas City 88

YoungUpstarts

SEPTEMBER 27, 2017

by Larry Light, CEO of Arcature and co-author of “ Six Rules of Brand Revitalization: Learn the Most Common Branding Mistakes and How to Avoid Them “ Early this year, The Limited shut down its 250 clothing stores and not long after that the women’s apparel chain announced it was filing for bankruptcy protection.

Private Equity 127

Private Equity Bankruptcy Technical Review America 127

The Startup Magazine

FEBRUARY 24, 2020

Similarly, you’ll want to diminish your cash outflows by any means necessary; vaguely speaking, this means ‘cutting the costs of doing business,’ but more specifically it may entail getting rid of unessential employees or changing suppliers in order to secure better long-term financing on your deals.

Bankruptcy 144

Bankruptcy Technical Review Security Finance 144

The Equity Kicker

AUGUST 29, 2012

Within a year, the company was on the path to bankruptcy. Last month the 12-employee company became profitable, with more than 900 paying customers. If a merchant wanted to bill more than 50 customers monthly, then the business owner would have to start paying $49 a month. Most Chargify users never became paying customers.

Bankruptcy 100

Bankruptcy Software Review LLC Business Model 100

Hearpreneur

DECEMBER 30, 2020

I owned a mortgage company when the mortgage industry crashed and lost almost everything pushing me to the brink of personal bankruptcy. Financial freedom due to business enables me to grow my business and pay my employees, but it gives my family the quality of life that I want for them. Photo credit: Ty Crandall. 20- Various ways.

Technical Review 147

Technical Review Entrepreneur Software Review SEO 147

Hearpreneur

SEPTEMBER 9, 2022

Before Jobs returned to the business in 1997, its sales, and popularity all steadily declined for 12 years, nearly driving it into bankruptcy. Seven years ago I launched a business that would eliminate my savings and push me to the verge of bankruptcy within 18 months. Thanks to notably Erin LaCkore, LaCkore Couture ! #8-

Entrepreneur 124

Entrepreneur Bankruptcy Southern California South Africa 124

Startup Professionals Musings

DECEMBER 6, 2021

If you are just plain tired of working so hard, or your startup is not getting the traction you expected, should you shut down cleanly, or just file for bankruptcy and walk away? For those who think that bankruptcy is the easy way out, think again. Bankruptcy should always be the absolutely last resort.

Bankruptcy 295

Bankruptcy Dividend Salary Cost 295

crowdSPRING Blog

DECEMBER 12, 2014

5 Ways To Help Employees You’re About To Lay Off | Fast Company – crowdspring.co/159KAQE. How to Motivate Employees in Less Than 5 Minutes – crowdspring.co/1CzhuZY. How to Show Employees Love (Even if it Makes Them Feel Awkward) – crowdspring.co/1CzgUvd. TV-Streaming Firm Aereo Files for Bankruptcy | WSJ – crowdspring.co/1Fh64Ie.

Social Media 100

Social Media Small Business Design Media 100

YoungUpstarts

OCTOBER 5, 2017

by Larry Light, Chief Executive Officer of Arcature and co-author of “ Six Rules of Brand Revitalization: Learn the Most Common Branding Mistakes and How to Avoid Them “ Early this year, The Limited shut down its 250 clothing stores and not long after that the women’s apparel chain announced it was filing for bankruptcy protection.

Private Equity 113

Private Equity Bankruptcy Technical Review America 113

YoungUpstarts

APRIL 5, 2017

Bankruptcy is relatively common, especially post-2009, but recovering from it can require professional help. With cloud technology, your employees can have instant access to everything they need — and work from wherever it’s convenient. Get on the SEO bandwagon. Forget the stigma that outsourcing once carried.

SEO 113

SEO Bankruptcy Technical Review Cloud 113

Both Sides of the Table

APRIL 26, 2016

The key to being able to run a business that isn’t yet profitable (on operating margin) is availability of capital to finance losses and preferably at a cost that isn’t too punitive to the founders and employees. Poorly calculated LTVs can become BVs (bankruptcy values).

Metrics 150

Metrics Cost Acquisition Startup 150

Austin Startup

MAY 8, 2018

Background reading: Founder Compensation: Cash, Equity, Liquidity Fatal Errors in Early Startup Hiring Early Hires: Options or Stock Given how deeply involved we are with early-stage startups hiring their first key employees, I figured it would be helpful to outline a few key principles to help entrepreneurs navigate the topic.

Employee 48

Employee Startup Seed Stage Equity 48

YoungUpstarts

JULY 23, 2013

The video also echoes what I have noticed in my own life, where a growing number of professional and business people are now out of jobs or businesses, recently lost their home to default or foreclosure, or have recently filed bankruptcy or are on the verge of doing so. 5% of them.

America 133

America Bankruptcy Distribution Video 133

Startup Professionals Musings

FEBRUARY 6, 2010

If you are just plain tired of working so hard, or your startup is not getting the traction you expected, should you shut down cleanly, or just file for bankruptcy and walk away? For those who think that bankruptcy is the easy way out, think again. Bankruptcy should always be the absolutely last resort.

Bankruptcy 128

Bankruptcy Salary Operations Employee 128

Up and Running

NOVEMBER 12, 2014

Common exit strategies include being acquired by another company, the sale of equity, or a management or employee buyout. Management buyout: If you’ve built a business whose legacy you want to see continued long after you’re gone, you may want to consider turning to your employees. Who needs an exit strategy?

Exit Strategy 117

Exit Strategy Lock-up Period Merger IPO 117

Startup Professionals Musings

MARCH 6, 2019

If you are just plain tired of working so hard, or your startup is not getting the traction you expected, should you shut down cleanly, or just file for bankruptcy and walk away? For those who think that bankruptcy is the easy way out, think again. Bankruptcy should always be the absolutely last resort.

Bankruptcy 242

Bankruptcy Startup Dividend Salary 242

Startup Professionals Musings

MARCH 12, 2021

Especially if people hear rumors of your interest in selling, they will assume that you are fighting bankruptcy, being pushed out, or your personal life has fallen apart. Assume that selling to an employee is quick and easy. Here the evidence is strong that sales to employees don’t work out well.

Due Diligence 410

Due Diligence Intellectual Property Bankruptcy Exit Strategy 410

The Next Web

JULY 15, 2013

I’ve worked for different entrepreneurs, various startups and larger businesses as both an employee and partner. There were times of high profitability, but also times when we were close to bankruptcy. You will also know what skills you’ll need among your co-founders and first employees. eb agency right after I came to Berlin.

Cofounder 134

Cofounder Europe Bankruptcy Germany 134