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. This is often referred to in the creative community as a “ work-for-hire agreement.”.

Intellectual Property 149

Intellectual Property Technical Review Software Review IP 149

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

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. It’s also a means of testing out a potential permanent hire. Get on the SEO bandwagon.

SEO 113

SEO Bankruptcy Technical Review Cloud 113

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. We never hired a service even though my dad was in the service business, and so I was always trying to save people money on things.

Cloud 88

Cloud Bankruptcy Widget Kansas City 88

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

Hunter Walker

APRIL 17, 2025

We hired a strong mid-market banker, Lightning Partners to help us with the process and got an introduction to Bending Spoons in April of 2024. Exits come in many forms, from an IPO at the high end, to secondary sales, private to private merger, strategic or PE acquisition, or sometimes, an acquihire or bankruptcy.

Covenant 77

Covenant Acquisition IPO Artificial Inteligence 77

Hearpreneur

SEPTEMBER 9, 2022

Hiring an expert or a coach to walk you through this stage can help you minimize the chances of failure although identifying the problem first can be a great way to create a long-lasting strategy. Before Jobs returned to the business in 1997, its sales, and popularity all steadily declined for 12 years, nearly driving it into bankruptcy.

Entrepreneur 127

Entrepreneur Bankruptcy Southern California South Africa 127

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

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. We learned how to win and lose customers, how to manage and mismanage projects, and how to hire and fire developers and designers.

Cofounder 134

Cofounder Europe Bankruptcy Germany 134

YoungUpstarts

JULY 18, 2019

According to the Organization for Economic Co-operation and Development (OECD), there is double the number of entrepreneurs with no employees as compared to entrepreneurs who have employees. However, there will be a time that you’ll need to hire at least one employee in most cases. The Background Check. but abroad?

Hiring 127

Hiring Employee Entrepreneur Bankruptcy 127

Ben's Blog

DECEMBER 5, 2012

Your startup is going well and as your business expands, you hear the dreaded words from someone on your board: “You need to hire some senior people. However, bringing in the right kind of experience at the right time can mean the difference between bankruptcy and glory. Why hire a senior person? Kanye West, New God Flow.

PR 76

PR Hiring Engineer Bankruptcy 76

YoungUpstarts

SEPTEMBER 12, 2014

When you hear the question “What type of background checks should my small business run on employees?” Quite simply, a small business requires a lot less organization than a big one, so guidelines for things like employee background checks are often a bit looser and more relaxed. Past Employment Checks. Professional Licenses.

Small Business 171

Small Business Employee Reputation Bankruptcy 171

Startup Professionals Musings

MAY 1, 2019

For example, one of the first home grocery delivery companies, Webvan, was so enamored with early traction in Silicon Valley, it raised and spent nearly a billion dollars and went public, before filing for bankruptcy three years later. Suddenly you face new overhead, with hiring, office space, benefits, and new advertising campaigns.

Silicon Valley 215

Silicon Valley Bankruptcy Metrics Valuation 215

Both Sides of the Table

JANUARY 31, 2011

And for ones that do get sold often most of the employees don’t really make huge upside gains. I remember an employee asking me whether I’d fill out their paperwork to get a home loan when we only had 3 months of cash in the bank. Mostly you read about fundings, product releases, big valuations, and M&A. Been there.

Entrepreneur 384

Entrepreneur Startup Salary Egypt 384

Hearpreneur

AUGUST 30, 2019

And its usually a number of things: to have an impact on the world, to provide a better life for my wife and daughters, to give our employees a platform to be their best, to find personal fulfillment, etc. I always suggest that, when you begin to hire, look for people who can think and function as entrepreneurs themselves.

Entrepreneur 114

Entrepreneur North Carolina Guatemala LLC 114

Both Sides of the Table

JANUARY 31, 2010

Within a year I hired 92 permanent staff and another 30 full time contractors. I was on an airplane 2-3 times / week meeting potential customers, investors, employees, business partners and the press. We were weeks from bankruptcy. We also cut staff from 92 to 38 in one day and then immediately afterward to 33 employees.

Entrepreneur 308

Entrepreneur Silicon Valley San Diego Non-Compete 308

YoungUpstarts

MARCH 11, 2020

Failing to resolve the issues you face can damage your business reputation and may result in property destruction and bankruptcy. Finding and keeping quality employees – Hiring skilled staff is essential to provide excellent services to tenants and maintain your properties at livable conditions.

Bankruptcy 165

Bankruptcy United States Software Revenue 165

YoungUpstarts

FEBRUARY 11, 2020

Revenue dropped and bankruptcy loomed as a real possibility. So, hire an accountant to handle the financials. Hire competent people who you will trust in their jobs – and then trust them. I had to make drastic cuts, including letting go beloved employees. I had to figure out how to turn my company around. Commitment.

Public Relations 147

Public Relations Bankruptcy PR Social Media 147

David Teten

DECEMBER 3, 2019

Point Nine Capital uses 15Five for continuous employee feedback. Pacer is useful to search prior litigation, bankruptcies, etc. ff Venture Capital hired two full-time engineers to build out Totem. EquityZen , SharesPost , and ZenPrivEx , help employees and investors liquidate their positions in late-stage companies.

Technical Review 78

Technical Review Software Review Analytics Private Equity 78

Ben's Blog

DECEMBER 5, 2012

Your startup is going well and as your business expands, you hear the dreaded words from someone on your board: “You need to hire some senior people. However, bringing in the right kind of experience at the right time can mean the difference between bankruptcy and glory. Why hire a senior person? Is now the time?

PR 36

PR Hiring Engineer Bankruptcy 36

YoungUpstarts

MAY 22, 2017

According to the Council for Disability Awareness , medical expenses accounted for 62% of all personal bankruptcies filed in the U.S. Your ability to earn a living would be greatly diminished, which usually means going into debt. in 2007 and contributed to half of all home foreclose filings in 2006.

Small Business 133

Small Business Bankruptcy Finance Restful 133

YoungUpstarts

JULY 17, 2016

No matter how skilled you are at multitasking, pretty soon your balance will falter and you’ll fall face-first into the thing that every businessperson dreads – bankruptcy. But your balancing act doesn’t have to be more precarious than a trapeze act on a cliff-face.

Bankruptcy 100

Bankruptcy PR Social Media Employee 100

Women Entrepreneurs Can

APRIL 29, 2021

If you have never hired a lawyer before, the idea of it can sound a little intimidating. Here are 3 situations in which you should hire a corporate lawyer. If You Have Encountered an Issue, Report or Conflict with a Current or Former Employee. If You Need to Liquidate Your Business or Declare Bankruptcy. Final Thoughts.

Hiring 52

Hiring Bankruptcy Employee Business Model 52

YoungUpstarts

DECEMBER 19, 2016

Managing their own locations and employees, and the opportunity to grow their own business, gives them the incentive to succeed. Franchising will bring you more dedicated, motivated people than you would from hiring internal staff. Investing in company outlets means more inventory, real estate, and hiring more employees.

Social Media 100

Social Media Non-Compete Bankruptcy Campaign 100

YoungUpstarts

JUNE 27, 2018

While some CEOs start the company with just a couple of employees, others start with a few hundred. This way, if your company faces debt, bankruptcy or is held liable in a court of law (if an employee suffers a work accident , for example), you as an individual will not have to suffer the legal repercussions.

Intellectual Property 100

Intellectual Property Non-Compete Startup Bankruptcy 100

Hearpreneur

OCTOBER 1, 2016

They don’t need to be a savant in one niche skill; they need to be competent at a wide range of skills and then hire specialists to do what they can’t. Clients needed transparency and accountability from their agency, employees craved trust and flexibility. As I watched, I quickly realized there was a better way to run a firm.

Entrepreneur 48

Entrepreneur Non-Compete LLC Social Media 48

Up and Running

AUGUST 12, 2015

I want to have enough revenue to hire a manager. Our Personnel Plan is basically our hiring plan, and it’s where you put the salaries for all the people you plan to hire. List your current and planned employees, et cetera, et cetera. For instance, don’t say the goal is to be the best. The best is not specific.

Forecast 60

Forecast Video Business Plan United States 60

Both Sides of the Table

JANUARY 22, 2011

And for ones that do get sold often most of the employees don’t really make huge upside gains. I remember an employee asking me whether I’d fill out their paperwork to get a home loan when we only had 3 months of cash in the bank. Mostly you read about fundings, product releases, big valuations, and M&A. Been there.

Entrepreneur 176

Entrepreneur Startup Salary Egypt 176

Up and Running

AUGUST 20, 2014

It’s a risk and it will make many aspects of running a business harder: getting loans; attracting investors; paying suppliers and employees, and growing the business. With a positive cash flow, you will be able to make inventory purchases, hire new staff and spend money on the things that matter, including paying yourself a salary!

Forecast 135

Forecast .Net Dividend Finance 135

Both Sides of the Table

SEPTEMBER 8, 2010

Recruits, hires, and retains the very best talent for the company. Hiring & Firing the CEO. Psychologist as the CEO of Employees – Everybody wants to work somewhere “that is not political&# but that place only exists in a mythical utopian island. Makes sure there is always enough cash in the bank.

Ireland 319

Ireland Sales Germany Bankruptcy 319

ReadWriteStart

APRIL 30, 2020

One of the areas where startups tend to overspend is in hiring staff that their development cycle does not yet call for. Recent history is littered with failed startups that went from inhabiting posh, palatial offices to bankruptcy proceedings seemingly overnight. It’s easy to understand why. They’re not a fixed asset.

Burn Rate 107

Burn Rate Management Startup Early Stage 107

crowdSPRING Blog

DECEMBER 20, 2010

You may have difficulty collecting certain receivables or the recession may have forced some of your vendors into bankruptcy, rendering their debts worthless. Ready, aim, hire! If your employees traveled for work in 2010 this expenses can be deducted. If your employees traveled for work in 2010 this expenses can be deducted.

Small Business 80

Small Business Bankruptcy Restful Hiring 80

BeyondVC

OCTOBER 8, 2003

I had breakfast with a friend the other day, and he was in the process of a bankruptcy filing for his startup. Other investors may not want to fund the company, and you may set unrealistic expectations for you, your employees, and your investors. Don’t hire people that expect to get paid back salary. VCs like sweat equity.

Sweat Equity 60

Sweat Equity Term Sheet Bankruptcy Salary 60

BeyondVC

OCTOBER 8, 2003

I had breakfast with a friend the other day, and he was in the process of a bankruptcy filing for his startup. Other investors may not want to fund the company, and you may set unrealistic expectations for you, your employees, and your investors. Don’t hire people that expect to get paid back salary. VCs like sweat equity.

Sweat Equity 60

Sweat Equity Term Sheet Bankruptcy Salary 60

Ben's Blog

SEPTEMBER 21, 2010

After I took him through the details including several near bankruptcies, a stock price of $0.35/share, share, unlimited bad press and 3 separate layoffs where we lost a total 400 employees, he was most amazed by the layoffs. In the exchange one of our smarter employees wrote: “Ben is either lying or stupid or both.” Here’s how.

Recapitalization 71

Recapitalization Venture Capital Bankruptcy Employee 71

Hearpreneur

MARCH 10, 2016

This success led me down a path where for several years this was my life, taking troubled companies, on the brink of bankruptcy, and turning them around to profitability. When I came to Intelicare Direct they had about 60 employees working out of a converted auto-body shop. Take an employee out to lunch. What does that mean?

Bankruptcy 48

Bankruptcy Michigan Employee Leadership 48

Up and Running

MAY 21, 2015

If, down the road, you decided to take on an additional investor, or sell new shares of the company at a discounted rate to employees or family and friends, then that investor’s total ownership percentage might fall below their 10 percent ownership.

Covenant 60

Covenant Liquidation Preference Ratchet Dilution 60