Remove Bankruptcy Remove Government Remove Small Business
article thumbnail

The Basics of Small Business Loans [WEBINAR]

Up and Running

What do you need to know about small business loans before you apply? You have a lot of options, and there are a lot of variables in the equation that determines whether you’ll qualify for the loan you’re applying for (or whether that loan is even a good fit for you and your business). Scott: Hi everybody.

article thumbnail

Why Employer-Sponsored Health Insurance Is A Thing Of The Past And What You Should Do About It

YoungUpstarts

In fact, since 2000, more than 10 million Americans have filed personal bankruptcy due to their employers’ failed health insurance plan. Basically, employees purchase their own individual policies on the open market (a purchase frequently offset by government subsidies), and employers reimburse them. For many, it’s been a struggle.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

6 Stories of Successful New Entrepreneurs to Inspire Your Business

Up and Running

However, the challenges you face are the same ones that every successful small business owner has faced and then surmounted in some way or another. It can be instructive and inspirational to hear about businesses that triumphed over adversity. How these six businesses worked with the SBA to grow.

Columbus 134
article thumbnail

Should You Be Switching Your Business Entity To Protect Your Business From Further Loss?

YoungUpstarts

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
article thumbnail

Flexible VC, a New Model for Companies Targeting Profitability

David Teten

Eligible for favorable treatment under Qualified Small Business Stock exemption, if structured as equity. —> Individual company bankruptcy risk —-> Traditional Equity VC . Typical business stage. An already proven business model and its already valuable assets. Governance.

article thumbnail

10 Practical Ways To Help Grow Your Small Business

YoungUpstarts

Do you run a small business? And, let’s not forget that it’s a simple way to grow any small business! You could also target other businesses, local government agencies, and even charities too. That’s because it’s likely they might be on the brink of bankruptcy!

article thumbnail

15 Famous Companies That Started As Something Much Different

YoungUpstarts

But the store had trouble moving the jeans and almost brought the company to bankruptcy. Through a series of investments and buyouts, the company that started in 1870 first selling radios, and then rubber and tires, became a government aerospace contractor in the 1990s. In 1999, Goodrich became the No. billion in September 2011.