Remove Bankruptcy Remove Revenue Remove Small Business
article thumbnail

Financial Management: 7 Steps To Getting Your Small Business Debt-Free

The Startup Magazine

The Federal Reserve found that 70% of small businesses have unpaid debt, with 21% registering $25,000 to $100,000 in debt, according to Fundera. Interestingly, debt can significantly boost business growth. Whether you are new in business or an established entrepreneur, you need to be diligent with your finances.

article thumbnail

How to Build Credit 101 for Small Business Owners

Up and Running

Many businesses, both large and small, rely on borrowed capital to fuel growth and fund other business initiatives. This means small business owners need to understand how their credit impacts their ability to borrow more than the average consumer looking to purchase a house or buy a new car.

Insiders

Sign Up for our Newsletter

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

article thumbnail

Flexible VCs With Structures Between Equity and Revenue-Based Investing

David Teten

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
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

Managing The Debt Of Your Small Business

YoungUpstarts

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.

article thumbnail

The Top 5 Benefits Of Social Media On Small Businesses

YoungUpstarts

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.

article thumbnail

21 Entrepreneurs Reveal Their Favorite Business or Entrepreneur Turnaround Story

Hearpreneur

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.