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Does A Business Bankruptcy Hurt My Personal Credit?

YoungUpstarts

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?

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Why Startups Are Ready For A Reboot

YoungUpstarts

Many startups are already tech-based, and the tech they use can help them connect with consumers and make sales online. NBC News points out several companies that filed for bankruptcy during the later months of the crisis. Shelter-in-place orders have left many startups lacking ways to interact with customers.

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21 Entrepreneurs Reveal Their Favorite Business or Entrepreneur Turnaround Story

Hearpreneur

Durant lost control of GM to a bankers' trust just two years later, in 1910, due to enormous debt and a crumble in automobile sales. Saturn, Pontiac, and Hummer were all shuttered due to GM's bankruptcy, which occurred on June 1, 2009. I love how Tesla's sales are skyrocketing now, though, after seeing it go bankrupt 10 times!

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Rebranding Your Business? Key Things To Keep In Mind

YoungUpstarts

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?

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30 Entrepreneurs Reveal Their Favorite Business or Entrepreneur Turnaround Story

Hearpreneur

The sales helped them raise $30K and the attention of a startup incubator, which offered them training and another $20K in funding. Before Jobs returned to the business in 1997, its sales, and popularity all steadily declined for 12 years, nearly driving it into bankruptcy. Thanks to notably Erin LaCkore, LaCkore Couture ! #8-

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Why Some Startups Win

Steve Blank

His company had marched through customer discovery, learning about the customer problem, validated solutions and was now scaling sales and marketing. I had taken the job of VP of Marketing in a company emerging from bankruptcy. It wasn’t that I had somehow inherited dumb employees. Educate our sales channel(s).

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10 Mistakes To Avoid When You Want To Sell A Business

Startup Professionals Musings

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. What you don’t need is a buyer dealing directly with your landlord to get your key asset, leaving you with no leverage and minimum value for the sale.