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 106

Bankruptcy Technical Review Security Finance 106

Hearpreneur

DECEMBER 30, 2020

We asked some entrepreneurs and business owners, why they started their businesses: #1- From personal experience. I owned a mortgage company when the mortgage industry crashed and lost almost everything pushing me to the brink of personal bankruptcy. 7- Help small business in website ranking on Google.

Technical Review 147

Technical Review Entrepreneur Software Review SEO 147

YoungUpstarts

APRIL 5, 2017

It’s pretty tough to get the capital you need for a startup or small business with subpar credit. Work on rebuilding your credit now, regardless of whether you plan to start a small business, make a big purchase like a car or home, or otherwise need good credit in the near future.

SEO 113

SEO Bankruptcy Technical Review Cloud 113

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

YoungUpstarts

MAY 22, 2017

As a small business owner, it’s important to prepare for the worst-case scenario, in which you’re no longer able to perform the duties essential to running your business. According to the Council for Disability Awareness , medical expenses accounted for 62% of all personal bankruptcies filed in the U.S.

Small Business 133

Small Business Bankruptcy Finance Restful 133

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. Big businesses live and die on budgets and are very astute in squeezing the vendor to get give-backs. 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

The Equity Kicker

AUGUST 29, 2012

That’s what happened to Chargify LLC, a provider of billing-management software to small businesses, which used the freemium business model when it started out in 2009. If a merchant wanted to bill more than 50 customers monthly, then the business owner would have to start paying $49 a month. The Needham, Mass.,

Bankruptcy 100

Bankruptcy Software Review LLC Business Model 100

YoungUpstarts

JULY 16, 2020

If you make a mistake or cause harm to someone while doing business, you might get sued and be held personally liable for the damages. 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.

LLC 255

LLC Bankruptcy Venture Capital Stock 255

The Startup Magazine

MAY 23, 2017

When building a startup’s operations, some things may seem inconsequential, but they can be the difference between your business making it past the five year mark, or sinking beneath the bankruptcy seas. For example, one part of your infrastructure is the employee working environment you create. The Abstract Angle.

Operations 62

Operations Small Business Bankruptcy Cloud 62

The Startup Magazine

MAY 19, 2020

Business insurance will save your business from falling apart in case an outbreak or financial crunch strikes in the future. In addition to helping you, your employees will also not have to bear the brunt of the times if you plan well in advance. Employee care. Cover disaster.

Bankruptcy 165

Bankruptcy Employee Salary Reputation 165

YoungUpstarts

MARCH 20, 2020

According to the Small Business Administration, there are over 627,000 new businesses that open each year. During times of crisis, there are some things that startup businesses, regardless of the business, must know and understand so that they can be prepared. Transparency With Employees.

Small Business Administration 147

Small Business Administration Bankruptcy Employee Startup 147

YoungUpstarts

MAY 8, 2014

Or a key vendor declares bankruptcy. To a small business owner who has a small number of customers, losing just one customer has a significant impact on organizational health. As a small business owner, of course you’re going to try to cut costs and stretch the budget wherever possible.

Technical Review 254

Technical Review Entrepreneur Florida Cofounder 254

Up and Running

NOVEMBER 12, 2014

An exit strategy is a method by which entrepreneurs and investors, especially those that have invested large sums of money in startup companies, transfer ownership of their business to a third party, or by which they recoup money invested in the business. Liquidation: For small businesses, liquidation is a common exit strategy.

Exit Strategy 117

Exit Strategy Lock-up Period Merger IPO 117

Startup Professionals Musings

MAY 1, 2019

Image via Pixabay As a mentor to many small business owners, I always caution them that you can never relax completely, just because your initial solution or product set appears to be getting traction, and the market buzz is positive. Convert to working “on the business” vs “in the business.”

Silicon Valley 215

Silicon Valley Bankruptcy Metrics Valuation 215

YoungUpstarts

FEBRUARY 11, 2020

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. My firm, like many businesses, endured tough economic times after the 9/11 attacks. Revenue dropped and bankruptcy loomed as a real possibility.

Public Relations 147

Public Relations Bankruptcy PR Social Media 147

YoungUpstarts

AUGUST 28, 2013

By Keith Tully of Real Business Rescue. When your business is failing and bankruptcy seems imminent it can be easy to trick yourself into thinking there are no options left, especially if you have poor business credit and a multitude of financial obligations and debts to deal with. Conclusion.

United Kingdom 185

United Kingdom Phoenix Bankruptcy Startup 185

Hearpreneur

OCTOBER 6, 2019

After thinking about how much I enjoyed helping her business grow and learning all I could about business structure, marketing, SEO and social media to name a few, I decided to take these new skills and help other small business owners. My company now helps any new or existing business grow and succeed.

Entrepreneur 78

Entrepreneur Ireland LLC Kansas 78

YoungUpstarts

JULY 25, 2016

by Priyanka Prakash, Fit Small Business and Fit Biz Loans. Every small business is different when it comes to the need for financing. Some entrepreneurs can’t start their businesses without taking out a loan. Others completely bootstrap their businesses without borrowing a cent.

SBA 100

SBA Bankruptcy Finance Revenue 100

crowdSPRING Blog

DECEMBER 20, 2010

We all incur a creation amount of bad debt in the course of running our business. You may have difficulty collecting certain receivables or the recession may have forced some of your vendors into bankruptcy, rendering their debts worthless. If your employees traveled for work in 2010 this expenses can be deducted. Skool days!

Small Business 80

Small Business Bankruptcy Restful Hiring 80

Women Entrepreneurs Can

AUGUST 5, 2020

Hackers are in this business to steal data, and no business is too small to face cyber risks. Let’s explore some of the most common cyber threats facing small businesses. According to a Forbes prediction, cyber warfare will rise by a whopping 300% in 2020, mostly on small businesses. Ransomware.

Startup 52

Startup Bankruptcy IP Security 52

YoungUpstarts

SEPTEMBER 17, 2013

CNBC’s new show, The Profit , starring businessman Marcus Lemonis, should be required, must-see-TV for any small business owner. The Profit focuses on providing valuable advice to the chosen small business in hopes of rescuing them from impending bankruptcy or other struggles. Embrace Change, Don’t Resist It.

Green 140

Green Balance Sheet Bankruptcy Israel 140

YoungUpstarts

JULY 2, 2014

Franchising — an arrangement where one party grants another party the right to use its trademark or trade name as well as certain business systems and processes to provide a good or service according to certain specifications — provides local, small business owners with instant, national brand recognition and an immediate, competitive edge.

Bankruptcy 168

Bankruptcy Operations Affiliate Networking 168

YoungUpstarts

JUNE 1, 2019

The variables associated with lawsuits can make a small business fear the financial damage a large legal complaint could cause. Liability coverage limits are the place to cut corners for the business’ budget. With lawsuit amounts being variable, if sued for too much, startups encountering one suit can be forced into bankruptcy.

Bankruptcy 113

Bankruptcy Finance Cost Restful 113

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. Inspire Employee Engagement Year Round. by Ted Karkus, CEO of Prophase Labs. The same ratio holds for our other forms of advertising.

Startup 100

Startup Bankruptcy Campaign Demand 100

Women Entrepreneurs Can

FEBRUARY 11, 2021

If the business ceases to exist, all of those debts are passed on to you, which leaves you in a terrible position. If you file for bankruptcy, your own personal assets will be taken into account and for all intents and purposes, it’s the same as personally filing for bankruptcy. Never Personally Guarantee a Business Debt.

Finance 52

Finance Bankruptcy Government Naming 52

Up and Running

NOVEMBER 4, 2015

Plus, you can give multiple employees access so everyone doesn’t have to deal with signing in to each platform individually. Kin : If you need to simplify all of the employee paperwork and files, then check out Kin. You can track business deals and share all of the details with your team. That’s right, it’s free.

Curation 60

Curation Finder Startup Social Media 60

Up and Running

AUGUST 25, 2015

Recognize a business for purposes of tax documentation. Identify what business employees filing taxes work for. Essentially, any business that has employees needs to obtain one, but depending on such things as the type of tax return you file, you may need one even if you have no employees.

Bankruptcy 60

Bankruptcy United States Operations Employee 60

Small Business Force

JANUARY 1, 2012

I then realized that the airline in question had had a series of cutbacks as part of a proposed merger and what I was seeing was probably a reflection of the way these employees were feeling about how they felt they were being treated by their company. Their employees provided you with an unforgettable experience, usually with a smile.

Employee 35

Employee Customer Bankruptcy Merger 35

YoungUpstarts

SEPTEMBER 17, 2014

Personal information, such as a social security number, is not used to establish a business credit profile. Instead, credit bureaus use your business name, address and a Federal Tax Identification number (FIN), or Employee Identification Number (EIN), to create a profile completely separate from your personal credit history.

Finance 157

Finance Bankruptcy United States Dividend 157

Hearpreneur

OCTOBER 1, 2016

As a small business owner of a London based sustainable fashion brand, and more recently an online business teaching sewing and patternmaking skills, I had multiple reasons for starting my own businesses. Clients needed transparency and accountability from their agency, employees craved trust and flexibility.

Entrepreneur 48

Entrepreneur Non-Compete LLC Social Media 48

YoungUpstarts

OCTOBER 15, 2012

It also involves developing and continuously improving on a set of skills in order to move your business from where it is today to where you want it to be tomorrow. First, great procedures and processes need controls, and these in turn create great employees. Secondly, don’t stop at pointing out what should be done and how.

Leadership 196

Leadership .Net Bankruptcy Operations 196

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. This may result in a negative cash flow, which, if not managed carefully over time, could eventually force you into bankruptcy. Write this down.

Forecast 135

Forecast .Net Dividend Finance 135

Up and Running

MAY 21, 2015

When small business owners talk about taking on an additional investor, they typically say something nondescript like, “We’re taking on an angel investor.” Needless to say, if all else is equal, a traditional equity investment is better for you, the small business owner. Structure of the investment.

Covenant 60

Covenant Liquidation Preference Ratchet Dilution 60

crowdSPRING Blog

DECEMBER 5, 2014

We do like to talk about logo design , web design , startups, entrepreneurship, small business, leadership, social media, marketing, economics and other interesting stuff! Food Trucks 101: How to Start a Mobile Food Business – crowdspring.co/1qW98Xf. How to Show Employees Love (Even if it Makes Them Feel Awkward) – crowdspring.co/1CzgUvd.

Social Media 99

Social Media Small Business Design Media 99

Occam's Razor

SEPTEMBER 24, 2012

A Facebook employee (FBe) gave a talk about measuring ROI/Value of Facebook campaigns. If you are looking for inspiration … my absolute favorite small business example is Seventh Generation. I can't think of even one other business that understands its Facebook audience as well as they do. Facebook Brand Pages.

Metrics 165

Metrics Advertising Marketing Social Media 165

Up and Running

MAY 2, 2017

Many small business owners fear that their limited resources and do-it-yourself bookkeeping are a recipe for an IRS disaster. My team of tax experts and I work directly with hundreds of small businesses, many of whom are family business owners or sole proprietors just trying to make ends meet.

Algorithm 75

Algorithm CPA Bankruptcy United States 75

Up and Running

AUGUST 12, 2015

Recently, Palo Alto Software CEO Sabrina Parsons hosted a webinar for our Bcast members on how to use LivePlan to create a better business plan, pitch your idea to investors, and track your business. As a successful small business owner, Sabrina wanted to show off how LivePlan’s many features can help boost your business.

Forecast 60

Forecast Video Business Plan United States 60