Both Sides of the Table

JULY 6, 2016

I have experienced many first-time entrepreneurs with too much hubris if fund-raising came easily and press was fawning and employees joined in droves and customer adoption has been rapid. You also ran the risk that if you hired employees quickly and then demand wasn’t as strong as expected it was incredibility hard to fire people.

South Korea 261

South Korea Silicon Valley Los Angeles Japan 261

YoungUpstarts

SEPTEMBER 10, 2013

For any business, revenue matters. For a startup, sustained revenue is of paramount importance: a paucity of sales in one month could lead to bankruptcy the next. Professionalisms client management revenue sales Scott Tarlow startup Success Systems' By Scott Tarlow, founder, president and CEO of Success Systems.

Security 147

Security Bankruptcy Startup Revenue 147

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

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

Mike Michalowicz

APRIL 15, 2013

You fix your bottom line by increasing revenue or cutting costs or both. You can’t guarantee that you will increase revenue by next month, but you can guarantee that your rent will be due. Many costs are static and recurring, meaning they happen every month for the same amount regardless of your revenue. Sales don’t.

Cost 151

Cost Bankruptcy Revenue Software Review 151

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). I’m guessing much of this was 101 to many readers.

Metrics 150

Metrics Cost Acquisition Startup 150

Duct Tape Marketing

SEPTEMBER 4, 2024

He shares his journey from struggling home service contractor to helping thousands of contractors increase their revenue. 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.

Cloud 75

Cloud Bankruptcy Widget Kansas City 75

YoungUpstarts

MARCH 11, 2020

As a landlord, your main goal is to maintain your rental properties at tip-top conditions and grow your revenue. Failing to resolve the issues you face can damage your business reputation and may result in property destruction and bankruptcy. Cost control – Limiting your expenses will result in higher revenues for your business.

Bankruptcy 165

Bankruptcy United States Software Revenue 165

YoungUpstarts

JULY 16, 2020

If your business is unable to weather the current economic storm and has to close or file bankruptcy, you can be held personally liable for any outstanding debts. But without the personal liability protection of the “corporate shield” provided by a legal business entity, your personal finances might be vulnerable to a lawsuit or bankruptcy.

LLC 255

LLC Bankruptcy Venture Capital Stock 255

YoungUpstarts

SEPTEMBER 13, 2020

The predator is the loss of revenue, or worse, bankruptcy. They need to run effective marketing campaigns in order to grow their revenue. It was ok because the strong economy and high revenues were forgiving. Businesses are wary. Right now chief executive officers are about as wary as a deer hearing a twig break.

Bankruptcy 179

Bankruptcy Salary Campaign Leadership 179

Steve Blank

MARCH 8, 2017

When I took the job of VP of Marketing in a company emerging from bankruptcy, excuses seemed to be our main product. We weren’t supporting the mission of the company (generate revenue and profit), and the lack of honesty diminished our credibility, and our integrity. A few became ex-employees. “We still have time.” (We

Bankruptcy 407

Bankruptcy Sales Channel Restful 407

YoungUpstarts

FEBRUARY 11, 2020

Revenue dropped and bankruptcy loomed as a real possibility. I had to make drastic cuts, including letting go beloved employees. Thirty years ago when I started my company, I probably would never have said it takes courage to lead a small business, but without it, I assure you, you’ll fail.

Public Relations 147

Public Relations Bankruptcy PR Social Media 147

YoungUpstarts

JULY 25, 2016

Collections, delinquencies, and bankruptcies stay on your credit report for up to 7 years, but their impact lessens over time. Most lenders will only disqualify applicants who have had bankruptcies in the last 2-3 years. Over time, you can increase your business’ revenues and decrease dependency on financing. Bottom Line.

SBA 100

SBA Bankruptcy Finance Revenue 100

YoungUpstarts

JUNE 27, 2018

You have to align your business model to the needs of the market, find competent staff to execute your plans, develop a high-quality product, invest in marketing and set up a corporate network that can boost growth and revenue. While some CEOs start the company with just a couple of employees, others start with a few hundred.

Intellectual Property 100

Intellectual Property Non-Compete Startup Bankruptcy 100

YoungUpstarts

JULY 22, 2015

I’ve been investing in, buying and restructuring small businesses for over 20 years and it’s a passion of mine to see everyone succeed from employees to shareholders, owners and investors. Here’s how to change your business model in order to mitigate or leverage seasonal demand: Level out revenues. by Ted Karkus, CEO of Prophase Labs.

Startup 100

Startup Bankruptcy Campaign Demand 100

David Teten

DECEMBER 3, 2019

Point Nine Capital uses 15Five for continuous employee feedback. Pacer is useful to search prior litigation, bankruptcies, etc. Lighter Capital, a Revenue Based Investing VC, offers a Cost of Capital Calculator. TruthFinder and Intelius provide basic background vetting. See their blog post on multiples.).

Technical Review 78

Technical Review Software Review Analytics Private Equity 78

Mike Michalowicz

NOVEMBER 21, 2013

How many employees do you have? Most of these “successful” entrepreneurs, are on the verge of bankruptcy. With the focus on size and on sales and on revenue, these entrepreneurs think the only way to improve things is to sell more. What do your sales look like? These are bad questions.

Bankruptcy 114

Bankruptcy Sales Revenue Entrepreneur 114

YoungUpstarts

JUNE 10, 2018

With augmented reality, manufacturers will be able to train employees faster and with more accurate instructions and scenarios compared to non-interactive methods like documents or monitors. 0 entails a comprehensive digital integration that will disrupt and challenge not only employees but also CEOs and upper management. Industry 4.

Agile 100

Agile Analytics Cloud Bankruptcy 100

ReadWriteStart

APRIL 30, 2020

Recent history is littered with failed startups that went from inhabiting posh, palatial offices to bankruptcy proceedings seemingly overnight. That money would be better spent on creating products and services that drive revenue, however. Another area where startups tend to go overboard is in finding and securing their office spaces.

Burn Rate 107

Burn Rate Management Startup Early Stage 107

abovethecrowd.com

NOVEMBER 28, 2022

In his recent bankruptcy proceeding filing, John Ray III, the new CEO and Chief Restructuring Officer at FTX, minced no words: I have over 40 years of legal and restructuring experience. I have been the Chief Restructuring Officer or Chief Executive Officer in several of the largest corporate failures in history. Just say no.

Venture Capital 113

Venture Capital Non-Compete Government Delaware 113

YoungUpstarts

SEPTEMBER 17, 2013

The Profit focuses on providing valuable advice to the chosen small business in hopes of rescuing them from impending bankruptcy or other struggles. He could not keep his ego in check or respect his business’ greatest asset – his employees. million annual revenue and achieve total ROI within two years of the expansion.

Green 140

Green Balance Sheet Bankruptcy Israel 140

Ben's Blog

APRIL 1, 2011

The problem is that she doesn’t actually fix any of the problems and the employees eventually become quite frustrated that the Chief Executive keeps ignoring the most basic problems and conflicts. If she can separate the importance of the issues from how she feels about them, she will avoid demonizing her employees or herself.

Management 78

Management Cap Table Balance Sheet Bankruptcy 78

YoungUpstarts

JULY 2, 2014

They must not only manage employees, customers and operations, but also develop brand recognition, differentiate themselves from competitors, and acquire and retain profitable customers. Bankruptcy information. The benefits of becoming a franchisee. It can be a lonely world out there for independent, small business owners.

Bankruptcy 168

Bankruptcy Operations Affiliate Networking 168

Occam's Razor

SEPTEMBER 24, 2012

A Facebook employee (FBe) gave a talk about measuring ROI/Value of Facebook campaigns. A good business analyst will measure how many clicks came through from Facebook, and she/he will also measure the conversion rate, revenue, etc., Revenue per Facebook-referred visitor (staying with last click attribution for now).

Metrics 165

Metrics Advertising Marketing Social Media 165

Up and Running

AUGUST 12, 2015

What is revenue going to look like? I want to have enough revenue to hire a manager. The big thing about budgeting is that, at the end of the day, putting your revenue forecast together and putting your expense budget together is about one thing, and that’s about cash. Planning makes me sleep better. That’s okay.

Forecast 60

Forecast Video Business Plan United States 60

Transformify

AUGUST 5, 2021

With the current changes in the market today, businesses are more focused on the ways to meet the demands of their customers, irrespective of the new way of working of their remote employees and hybrid workforce. The never-ending cycle of lockdowns and reopenings makes it impossible to forecast revenue streams and retain full-time employees.

Intellectual Property 59

Intellectual Property Technical Review Software Review Bankruptcy 59

Women Entrepreneurs Can

SEPTEMBER 15, 2019

Do your homework by doing a revenue forecast. Your employees need to develop a specialization in the long run and stick to tasks that are tailored to their skills and capabilities. Mull it over carefully to avoid getting deep into debt, or worse, closing shop altogether due to bankruptcy.

Due Diligence 40

Due Diligence Forecast Finance Bankruptcy 40

Up and Running

AUGUST 25, 2015

The US Internal Revenue Service uses these numbers to: Identify businesses located in the United States and its territories. Identify what business employees filing taxes work for. If you can answer ‘yes’ to any of the IRS’s questions below, you need to apply for an Employer Identification Number: Do you have employees?

Bankruptcy 60

Bankruptcy United States Operations Employee 60

Hearpreneur

OCTOBER 1, 2016

We founded the company in 2000 and have since continued to grow our client base and revenues and, at the same time, have been named to a lot of ‘best places to work’ lists, including the big one, Fortune’s. Clients needed transparency and accountability from their agency, employees craved trust and flexibility.

Entrepreneur 48

Entrepreneur Non-Compete LLC Social Media 48

Ben's Blog

JULY 16, 2013

Perhaps you are caught in the “Series A crunch” or perhaps you are a consumer company and expected that you would be valued on users rather than revenue like the last time. First, if you did not understand how radically the fundraising environment might change, then there is no chance that your employees would have understood it.

Down Round 73

Down Round Marketing Preferred Stock Post-Money Valuation 73

Up and Running

MAY 21, 2015

What this means, is that he gets paid not as a portion of the profit, but as a portion of the overall revenue, regardless of the profit. A liquidation preference is just a fancy way of describing in what order, and how the various owners of a business get paid in the event of a sale or bankruptcy.

Covenant 60

Covenant Liquidation Preference Ratchet Dilution 60

Transformify

MARCH 20, 2020

It is highly likely that thousands of small businesses will go bankrupt as few can afford to pay rent and salaries while generating no revenue at all. Budget airlines already canceled routes and offered unpaid leave to their employees on a rotating basis. Most employees have been sent on unpaid leave. 70-80% job cuts are likely.

Italy 92

Italy South Korea Bulgaria Los Angeles 92

ConversionXL

SEPTEMBER 3, 2019

Before, they were on the brink of bankruptcy. If your company has formulated and communicated a clear, credible value proposition to all employees, agencies, vendors, consultants, and partners—congratulations! and while some may see them as the crazy ones, we see genius…”. This post contains video, click to play]. Conclusion.

PPC 117

PPC Advertising Database Bankruptcy 117

Ben's Blog

JULY 16, 2013

Perhaps you are caught in the “Series A crunch” or perhaps you are a consumer company and expected that you would be valued on users rather than revenue like the last time. First, if you did not understand how radically the fundraising environment might change, then there is no chance that your employees would have understood it.

Marketing 36

Marketing Preferred Stock Post-Money Valuation Down Round 36

crowdSPRING Blog

DECEMBER 20, 2010

The idea is to use the end of the year to actually reduce profits by decreasing revenue and increasing expense. You may have difficulty collecting certain receivables or the recession may have forced some of your vendors into bankruptcy, rendering their debts worthless. Defer and spend! Go away, please.

Small Business 80

Small Business Bankruptcy Restful Hiring 80

Both Sides of the Table

FEBRUARY 14, 2016

Social networking finally came of age connected the planet and leading to enormous wealth creation for Facebook employees and investors. Smart phones finally took off leading to enormous wealth creation for Apple employees and investors but also helped propel Google, Facebook, Twitter, Instagram, Snapchat, WhatsApp and others.

Valuation 150

Valuation Down Round Startup Later Stage 150

YoungUpstarts

OCTOBER 12, 2012

From sayings like “If you want the job done right, do it yourself” to the belief that the longer you stay at the office, the better employee you are, it’s clear that Americans think that spilling one’s blood, sweat, and tears is a noble calling. Our culture puts hard work on a pedestal. Stop viewing debt as negative.

Programming 276

Programming Non-Compete Bankruptcy United States 276