Remove Covenant Remove Government Remove Metrics
article thumbnail

Good riddance to non-competes

OnlyOnce

Normally, I’m in favor of small government and fewer regulations, but this is one where I think the government has a legitimate interest in setting up guardrails to a free market. Some restrictive covenants for a limited period of time for former employees are totally fair.

article thumbnail

Flexible VC, a New Model for Companies Targeting Profitability

David Teten

This structure allows for alignment on the front end, and real-time flexibility for performance metrics,” says Samira Salman , a family office investor and advisor. . Flexible VCs have created structures based on other company performance metrics than revenues, such as profits or founder salaries. Governance. Cash collateral.

Insiders

Sign Up for our Newsletter

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

article thumbnail

10 Things the Bank Will Ask When You Need a Business Loan

Up and Running

One exception to the rule is that the federal Small Business Administration (SBA) has programs that guarantee some portion of startup costs for new businesses so banks can lend them money with the government, reducing the banks’ risk. See Also Small Business Owners, Start Tracking Your Financial Metrics. Agreement on future ratios.

article thumbnail

The Community Comeback: 14 Ways Local Leaders Are Reshaping America

YoungUpstarts

They (not government) have to lead the way. They’re using community dashboards to keep critical metrics front and center. Just like a company, a community needs objective metrics to know how healthy they are, to identify areas that need improvement, and to gauge progress over time. This is both a science and an art.

America 100
article thumbnail

9 Business Acronyms You Need To Know

YoungUpstarts

The Generally Accepted Accounting Principles, or GAAP, are the set of rules that govern financial accounting in businesses. A demonarchy is defined as a political system governed by a demon. EBITDA is often used in loans covenants. Bookkeepers use them, CPAs use them, and executives are familiar with them.