Hearpreneur

OCTOBER 31, 2021

Saturn, Pontiac, and Hummer were all shuttered due to GM's bankruptcy, which occurred on June 1, 2009. John has invested in various small businesses and served as a mentor and branding authority since his beginnings in 1992. The business grew rapidly, and by the next year, the Airbnb website had 10,000 users and 2,500 listings.

Entrepreneur 127

Entrepreneur Software Review Las Vegas Bankruptcy 127

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

The Startup Magazine

JULY 1, 2019

In their study, they found that most businesses fail due to poor understanding of cash flow and lack of a well-developed business plan. With staggering statistics like these, it’s clear that startups need to come up with affordable ways to handle their accounting services needs in order to avoid bankruptcy. Generate invoices.

CPA 89

CPA Software Review Bankruptcy Early Stage 89

David Teten

JANUARY 21, 2021

This essay is part of a series on alternative VC: I: Revenue-Based Investing: a new option for founders who care about control. II: Who are the major Revenue-Based Investing VCs? III: Why are Revenue-Based VCs investing in so many women and underrepresented founders? IV: Should your new VC fund use Revenue-Based Investing?

Equity 78

Equity Revenue Cofounder Colorado 78

Occam's Razor

SEPTEMBER 24, 2012

A good business analyst will measure how many clicks came through from Facebook, and she/he will also measure the conversion rate, revenue, etc., The activity you generate on Facebook delivers business value, online or offline, and helps produce profits. Social media success does not guarantee, business success.

Metrics 165

Metrics Advertising Marketing Social Media 165

David Teten

JANUARY 19, 2021

More and more startups are pursuing Revenue-Based VCs , but “RBI” doesn’t fit everyone. Flexible VC 101: Equity Meets Revenue Share. By tying payments to actual revenues, founders and investors remain aligned around the company’s real-time performance, good or bad. Flexible VC: Revenue -based. Of the Inc.

Cofounder 78

Cofounder Technical Review Equity Dividend 78

YoungUpstarts

OCTOBER 15, 2020

Debt can help your business if used the right way. It can help accelerate growth and capture business where you otherwise wouldn’t be able to. With proper management, you can maximize the potential of your small business with a bit of debt. There are endless stories of businesses collapsing under the weight of debt.

Small Business 179

Small Business Management Bankruptcy Finance 179

YoungUpstarts

FEBRUARY 18, 2020

Besides being able to stay connected to friends and family, social media offers great benefits; especially in terms of small business growth. Small businesses typically have to pay special attention to advertising strategies in order to get their name and service out in a timely and efficient manner to potential clients.

Social Media 162

Social Media Small Business Media Bankruptcy 162

Up and Running

NOVEMBER 10, 2014

If your business is considering filing for bankruptcy, read on to see how to proceed. If your business has been experiencing financial difficulty for some time, is filing for bankruptcy the appropriate step? And if so, what bankruptcy options do you have? Shrinking revenue and/or profits.

Bankruptcy 89

Bankruptcy CPA LLC Small Business 89

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

YoungUpstarts

NOVEMBER 16, 2012

by Lonnie Sciambi, author of “ Secrets to Entrepreneurial Success “ It never ceases to amaze me how many small business owners think that having multiple sources of revenue, often across multiple market types is a good business model.

Vertical 182

Vertical Bankruptcy Small Business Sales 182

Up and Running

SEPTEMBER 19, 2011

When you have little or no revenue, having a low cost marketing plan that will expand your customer base can be critical to success. Customers and revenue never just appear. Whatever you decide to do it is critical that you at least have a strategy and a plan. They take thoughtful planning, strategic thinking and hard work.

Bankruptcy 112

Bankruptcy Social Media Small Business Distribution 112

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

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. We all incur a creation amount of bad debt in the course of running our business. As a general rule, the bad debts of a business may be deducted from gross income when they become worthless. Defer and spend!

Small Business 80

Small Business Bankruptcy Restful Hiring 80

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

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. Bottom Line.

SBA 100

SBA Bankruptcy Finance Revenue 100

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

MAY 21, 2012

But the store had trouble moving the jeans and almost brought the company to bankruptcy. In 1980, the company reached at point at which their revenue from money transfers exceeded that of their telegram service, and now no longer performs telegrams, focusing solely on financial services.

Mississippi 209

Mississippi San Francisco Minnesota Bankruptcy 209

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

OCTOBER 12, 2012

We’ve all heard the horror stories: families so sunk in consumer debt they were forced to declare bankruptcy and individuals whose educational debt haunted them for the rest of their lives. If you’re truly working toward creating wealth, you’re not going to be building one small business that you personally operate and run.

Programming 276

Programming Non-Compete Bankruptcy United States 276

Up and Running

DECEMBER 28, 2015

Applying for a small business loan can be a time-consuming and stressful process. Many business owners want to know their chances of getting approved (or that they even stand a chance) before investing their time into searching and applying for loans. See Also: How Can I Get a Business Loan If My Credit Is Terrible?

Security 72

Security SBA Bankruptcy Finder 72

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. Mitigating Seasonality.

Startup 100

Startup Bankruptcy Campaign Demand 100

Growthink Blog

SEPTEMBER 8, 2013

“Success is not final, failure is not fatal: it is the courage to continue that counts.” - Winston Churchill At the very heart of entrepreneurship, small business, and investing sits FAILURE. In other words, the vast majority of businesses - by objective, financial measures - fail. In a word, business failure is traumatic.

North Carolina 106

North Carolina Private Equity Bankruptcy Equity 106

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. Thanks to Xin Xie, Lifestone. #2 2 – Slow Fashion. Photo Credit: Eve Tokens.

Entrepreneur 48

Entrepreneur Non-Compete LLC Social Media 48

Gust

SEPTEMBER 5, 2012

Turn the question on its head: How could it make sense to lend money to a brand new, seed-stage company with no revenue, no products, and no collateral? (You Convertible notes have a maturity date upon which the company can be forced into bankruptcy if it hasn’t closed a financing round. How can this possibly make sense?

Finance 134

Finance Convertible Security Equity Seed Stage 134

Mike Michalowicz

OCTOBER 19, 2015

and now schoolofbookkeeping.com is one of the leaders in the small business accounting world in online training resources offering courses on a wide range of software products. An accounting firm based in Santa Monica, CA, specializing in bankruptcy, from 2001 to 2003. Nextiva – VOIP phone providers for small businesses.

Video 60

Video SEC Bankruptcy Wisconsin 60

Growthink Blog

AUGUST 12, 2012

The elephant in the room when it comes to entrepreneurship and small business is FAILURE. The statistics are only debated to their degree but not their overall thrust - a very small percentage of businesses ever become meaningfully profitable and a smaller percentage still are ever sold for a meaningful price.

North Carolina 91

North Carolina Private Equity Bankruptcy Equity 91

Duct Tape Marketing

AUGUST 13, 2014

written by John Jantsch read more at Small Business Marketing Blog from Duct Tape Marketing. Marketing podcast with Mike Michalowicz It always amazes me when I see how little focus business owners have on this concept known as profit. photo credit: Dave Dugdale via photopin cc.

CPA 77

CPA Bankruptcy Dividend Salary 77

Gust

OCTOBER 12, 2011

Those deal terms reflect the relatively high-risk nature of this kind of early stage investment; a bank lending money to a small business would likely require collateral, a personal guarantee by the owners, or both. The company is unable to raise more financing and becomes insolvent (whether or not it formally files for bankruptcy).

Finance 107

Finance Term Sheet Pre-Money Valuation Early Stage 107

Growthink Blog

MARCH 21, 2011

The elephant in the room when it comes to entrepreneurship and small business is FAILURE. The statistics are only debated to their degree but not their overall thrust – a very small percentage of businesses ever become meaningfully profitable and a smaller percentage still are ever sold for a meaningful price.

North Carolina 73

North Carolina Private Equity Bankruptcy Equity 73

Steve Blank

APRIL 16, 2009

And in this very unique case, we figured out how to maximize revenue and profit by branding and product line extensions. In three and a half years SuperMac’s market share went from 11% to 68%, as we went from bankruptcy to $150 million in sales. We did that when we surveyed our customers. What did I learn so far?

Silicon Valley 149

Silicon Valley Product RSS Engineer 149

The Startup Magazine

DECEMBER 4, 2017

This could include things like bankruptcies, judgments and liens, and should be looked into very carefully. For example, look closely at their revenue and stability. In fact, as the chart from ASIC below shows, not having enough cash flow is one of the main reasons small businesses fail. Payment Disputes.

Metrics 72

Metrics Customer Database Bankruptcy 72

Up and Running

AUGUST 25, 2015

It’s a 9 digit number assigned to a business by the IRS. The US Internal Revenue Service uses these numbers to: Identify businesses located in the United States and its territories. Recognize a business for purposes of tax documentation. Identify what business employees filing taxes work for.

Bankruptcy 60

Bankruptcy United States Operations Employee 60

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.” 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. Structure of the investment.

Covenant 60

Covenant Liquidation Preference Ratchet Dilution 60

Small Business Force

JANUARY 2, 2012

It never ceases to amaze me how many small business owners think that having multiple sources of revenue, often across multiple market types is a good business model. Small business success, especially in the early years, is dependent on focus.

Vertical 36

Vertical Bankruptcy Sales Small Business 36

Transformify

MARCH 20, 2020

Coronavirus outbreak has an extremely negative effect on the global economy and especially in those countries and cities where all businesses have been asked to close. 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.

Italy 71

Italy South Korea Bulgaria Los Angeles 71

Up and Running

JULY 17, 2015

To legally start a business, you’ll likely need a business license. For federal and state licensing, check out the Small Business Administration website, and follow the links that are applicable to your business. With a website, any business can sell their products internationally. Bankruptcy.

Intellectual Property 60

Intellectual Property Bankruptcy United States Montana 60