Startup Professionals Musings

AUGUST 10, 2013

If you are just plain tired of working so hard, or your startup is not getting the traction you expected, should you shut down cleanly, or just file for bankruptcy and walk away? For those who think that bankruptcy is the easy way out, think again. Bankruptcy should always be the absolutely last resort.

Bankruptcy 206

Bankruptcy Startup Salary Operations 206

Startup Professionals Musings

FEBRUARY 1, 2011

If you are just plain tired of working so hard, or your startup is not getting the traction you expected, should you shut down cleanly, or just file for bankruptcy and walk away? For those who think that bankruptcy is the easy way out, think again. Bankruptcy should always be the absolutely last resort.

Bankruptcy 220

Bankruptcy Entrepreneur Salary Operations 220

YoungUpstarts

SEPTEMBER 13, 2019

Rebranding is one way to overcome the odds of a partnership breakage or a bankruptcy, showcasing the good points of your business. The best person who can champion your brand is you and your employees. Select a few of your employees who will take part or be in-charge of your rebranding. Why are you rebranding your business?

Technical Review 149

Technical Review Software Review Bankruptcy Equity 149

Up and Running

MARCH 15, 2017

Buying insurance can feel like a hassle, but if you invest in finding the right policies now, you’ll save yourself from potential legal headaches and unexpected costs down the road. When it comes to insuring your business, factors like your location, industry, and the number of employees can all affect what coverages are applicable.

Bankruptcy 109

Bankruptcy Software Review Small Business Employee 109

Startup Professionals Musings

MARCH 6, 2019

If you are just plain tired of working so hard, or your startup is not getting the traction you expected, should you shut down cleanly, or just file for bankruptcy and walk away? For those who think that bankruptcy is the easy way out, think again. Bankruptcy should always be the absolutely last resort.

Bankruptcy 242

Bankruptcy Startup Dividend Salary 242

Hearpreneur

DECEMBER 30, 2020

I owned a mortgage company when the mortgage industry crashed and lost almost everything pushing me to the brink of personal bankruptcy. Launching a recipe website can cost as little as $150 if you can utilize your phone as a camera to start. Faced with rising costs, many businesses have a difficult time growing.

Technical Review 143

Technical Review Entrepreneur Software Review SEO 143

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

Hearpreneur

DECEMBER 23, 2020

I am looking to reopen offices in a smaller capacity when it is safe to do so and when my employees are comfortable with returning. I am listening to my employees and asking for their opinions on how to implement positive changes to make significant improvements to our future work environment. Thanks to James Bullard, Sound Fro !

Entrepreneur 123

Entrepreneur Technical Review Software Review Employee 123

Board Effect

FEBRUARY 16, 2022

A poorly managed crisis could cost your nonprofit its reputation, yet developing a solid PR crisis management plan could help maintain the public’s trust through the worst possible crisis. Has your board discussed the types of crises that could happen? Violence, protests, hostage situations, and terrorism impact communities around the nation.

PR 98

PR Management Warrant Bankruptcy 98

Startup Professionals Musings

MARCH 12, 2021

Especially if people hear rumors of your interest in selling, they will assume that you are fighting bankruptcy, being pushed out, or your personal life has fallen apart. Not getting a signed non-disclosure before negotiating can cost you dearly in value. Assume that selling to an employee is quick and easy.

Due Diligence 410

Due Diligence Intellectual Property Bankruptcy Exit Strategy 410

YoungUpstarts

SEPTEMBER 27, 2017

by Larry Light, CEO of Arcature and co-author of “ Six Rules of Brand Revitalization: Learn the Most Common Branding Mistakes and How to Avoid Them “ Early this year, The Limited shut down its 250 clothing stores and not long after that the women’s apparel chain announced it was filing for bankruptcy protection.

Private Equity 127

Private Equity Bankruptcy Technical Review Leadership 127

YoungUpstarts

OCTOBER 5, 2017

by Larry Light, Chief Executive Officer of Arcature and co-author of “ Six Rules of Brand Revitalization: Learn the Most Common Branding Mistakes and How to Avoid Them “ Early this year, The Limited shut down its 250 clothing stores and not long after that the women’s apparel chain announced it was filing for bankruptcy protection.

Private Equity 113

Private Equity Bankruptcy Technical Review Leadership 113

The Startup Magazine

SEPTEMBER 26, 2022

What Happens After an Employee is Injured in the Workplace? If you have a risk mitigation plan, along with enough savings to cover any unexpected costs or fees , then you can support the injured worker in their time of need. This could result in fines, bankruptcy, or jail time. Image Source: Unsplash. Use a Top-Down Approach.

Bankruptcy 124

Bankruptcy United States Startup Employee 124

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

Startup Professionals Musings

FEBRUARY 6, 2010

If you are just plain tired of working so hard, or your startup is not getting the traction you expected, should you shut down cleanly, or just file for bankruptcy and walk away? For those who think that bankruptcy is the easy way out, think again. Bankruptcy should always be the absolutely last resort.

Bankruptcy 128

Bankruptcy Salary Operations Employee 128

The Startup Magazine

MAY 15, 2017

The construction and building industries are heavily reliant on a contracted workforce; that is, there are a great number of individually contracted ‘employees’ who are invoiced and paid separately, rather than through a centralised system. Incremental Industry. Flying High.

Software Review 60

Software Review Software Technical Review Developer 60

The Equity Kicker

AUGUST 29, 2012

The basic problem is illustrated by the story of Chargify (from WSJ ): for some, the "freemium" strategy is turning out to be a costly trap, leaving them with higher operating costs and thousands of freeloaders. Within a year, the company was on the path to bankruptcy. I think he’s largely right.

Bankruptcy 100

Bankruptcy Software Review LLC Business Model 100

Both Sides of the Table

MARCH 11, 2010

This means looking at what your buyer pays for similar products now, what the history of other people who have tried to monetize in this way have experienced, what your costs to acquire customers will be and what you believe you can make over the customers’ lifetimes. Get your cost base as low as you can as quickly as you can.

Silicon Valley 308

Silicon Valley Bankruptcy Intellectual Property Reputation 308

Startup Professionals Musings

MARCH 11, 2017

If you are just plain tired of working so hard, or your startup is not getting the traction you expected, should you shut down cleanly, or just file for bankruptcy and walk away? For those who think that bankruptcy is the easy way out, think again. Bankruptcy should always be the absolutely last resort.

Bankruptcy 136

Bankruptcy Startup Salary Operations 136

Startup Professionals Musings

MAY 1, 2019

For example, one of the first home grocery delivery companies, Webvan, was so enamored with early traction in Silicon Valley, it raised and spent nearly a billion dollars and went public, before filing for bankruptcy three years later. Control costs and adjust prices to maintain your margin.

Silicon Valley 215

Silicon Valley Bankruptcy Metrics Valuation 215

YoungUpstarts

MAY 8, 2014

Or a key vendor declares bankruptcy. Sometimes that sabotage might cost you ‘only’ a customer or a sale… but over time, a few customers here and a few dollars there can lead to your closing your doors forever. 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

YoungUpstarts

MARCH 11, 2020

Failing to resolve the issues you face can damage your business reputation and may result in property destruction and bankruptcy. Finding and keeping quality employees – Hiring skilled staff is essential to provide excellent services to tenants and maintain your properties at livable conditions.

Bankruptcy 165

Bankruptcy United States Software Revenue 165

crowdSPRING Blog

DECEMBER 12, 2014

5 Ways To Help Employees You’re About To Lay Off | Fast Company – crowdspring.co/159KAQE. How to Motivate Employees in Less Than 5 Minutes – crowdspring.co/1CzhuZY. It’s Absurd That Health Care Costs Are So Confusing – crowdspring.co/1yDomRJ. How to Show Employees Love (Even if it Makes Them Feel Awkward) – crowdspring.co/1CzgUvd.

Social Media 100

Social Media Small Business Design Media 100

YoungUpstarts

SEPTEMBER 13, 2020

Businesses are still committed to having world-class marketing leadership but have to take in cost considerations due to the new economic landscape. The three ways a Fractional CMO , a part-time CMO, has an advantage over a traditional full-time CMO in a post-COVID-19 marketing industry are all cost-related. . Lower Cost.

Bankruptcy 179

Bankruptcy Salary Campaign Leadership 179

Transformify

OCTOBER 3, 2018

It is much more cost efficient for a construction company to hire freelancers than to keep regular builders staff on the payroll all year round. Some experts that have already built their reputation and client base may earn 10 times than an employee having the same skills set. Upfront costs. Lack of social status.

Software Review 67

Software Review Bankruptcy Portfolio Advertising 67

The Startup Magazine

MARCH 1, 2020

Insurance provides financial security to the entrepreneur, his or her family, and the employees working for the entrepreneur. Whether it be from a broken contract or an upset employee, being sued can cost thousands of dollars, taking money away from your business, causing it to plummet. To Protect and Keep Employees.

Philadelphia 106

Philadelphia Entrepreneur Bankruptcy Affiliate 106

The Startup Magazine

MAY 19, 2020

In addition to helping you, your employees will also not have to bear the brunt of the times if you plan well in advance. They cost immensely , and corporations usually consider them as a one-time investment, unless something unforeseen happens. Employee care. Protection of property. Cover disaster.

Bankruptcy 166

Bankruptcy Employee Salary Reputation 166

Transformify

MARCH 20, 2020

Budget airlines already canceled routes and offered unpaid leave to their employees on a rotating basis. GoAir already suspended international operations and started terminating employees. Unless the operating costs are cut to the bare minimum, many budget carries may not survive the economic crisis caused by COVID-19.

Italy 92

Italy South Korea Bulgaria Los Angeles 92

Gust

DECEMBER 22, 2011

Most traditional, bricks-and-mortar businesses have substantial, often enormous hard assets, such as raw materials and supplies, work-in-process, inventory, manufacturing equipment, real estate and more, as well as armies of employees. Tech startups are at the other extreme. Instagram is a textbook example.)

Intellectual Property 149

Intellectual Property Technical Review Software Review IP 149

The Startup Magazine

APRIL 29, 2020

Independent and particularly small retailers are facing bankruptcy, and consumers are spending their time online or shopping at major chains like Costco or Walmart. In the worst-case scenario, retailers may find themselves in an even worse situation as a trickle of consumers coming in cannot pay for normal operating costs.

Bankruptcy 100

Bankruptcy Social Media Community Government 100

Berkonomics

MAY 20, 2021

I’ve labeled this time bankruptcy to make the point as dramatically as possible that this is a critical, company-threatening sinkhole that must be avoided at all costs. Time bankruptcy is the ultimate result of the deliberate over-commitment of a company’s most valuable resource(s) by the CEO or a department leader.

Bankruptcy 62

Bankruptcy Metrics Developer Management 62

View from Seed

MAY 28, 2020

The food supply chain has been rattled with distribution shifting from restaurants to grocery and with food production bottlenecks resulting from fewer employees at work. Consequently, prices for meat will likely increase, which will decrease demand for meat for a set of cost-conscious consumers who are increasingly facing unemployment.

Memphis 256

Memphis Distribution Bankruptcy Operations 256

Steve Blank

MARCH 8, 2017

When I took the job of VP of Marketing in a company emerging from bankruptcy, excuses seemed to be our main product. It will cost you your job.” But you also need to let everyone in your department know that from now on showing up with an excuse the day the project is due will cost them their job.” “We still have time.” (We

Bankruptcy 371

Bankruptcy Sales Channel Restful 371

Transformify

JUNE 6, 2019

This means that employees and staff members are executing their duties, and additionally, they are keeping an eye on possible ways in which current processes can be further improved. Indirectly, it also helps employees and staff members feel that they are making worthwhile contributions. Continuous Process Improvement.

Lean 56

Lean Management Technical Review Software Review 56

YoungUpstarts

MAY 22, 2017

Under most anti-retaliation laws related to whistleblowing, employees must prove that an employer took “adverse action” against them in order to mount a successful legal claim. Generally, any action that costs an employee money is judged to be an adverse rather than justified action.

LLC 166

LLC Bankruptcy Entrepreneur Employee 166

Both Sides of the Table

NOVEMBER 14, 2010

It costs less money to start companies so the world should have way more startups.&# I’ve heard the “world is different&# argument in every bubble I’ve ever seen. Remember it was only 2008 where Microsoft and even Google were laying off employees. This is the time it takes for a bankruptcy or asset sale to occur.

Florida 299

Florida Technical Review San Antonio Los Angeles 299

YoungUpstarts

JULY 25, 2016

Collections, delinquencies, and bankruptcies stay on your credit report for up to 7 years, but their impact lessens over time. Most lenders will only disqualify applicants who have had bankruptcies in the last 2-3 years. With time comes better knowledge of your business’ operating costs. You can build business credit over time.

SBA 100

SBA Bankruptcy Finance Revenue 100