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Why Startups Are Ready For A Reboot

YoungUpstarts

The pandemic has caused a severe downturn in global economies. NBC News points out several companies that filed for bankruptcy during the later months of the crisis. Businesses that need to adapt to a changing economy need to quickly or get caught up in the collapsing wave of bankruptcy.

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6 Stories of Successful New Entrepreneurs to Inspire Your Business

Up and Running

It has grown from five employees generating $120,000 in annual revenue to 350 employees generating annual revenues of $16.5 Since its inception, iRobot has sold over 30 million robots globally. This resulted in Columbus taking on another 100 employees and snagging two new contracts with the Centers for Disease Control.

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4 Miscues That Can Transform Popular Brands Into Troubled Brands

YoungUpstarts

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.

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30 Entrepreneurs Reveal Their Favorite Business or Entrepreneur Turnaround Story

Hearpreneur

Before Jobs returned to the business in 1997, its sales, and popularity all steadily declined for 12 years, nearly driving it into bankruptcy. Seven years ago I launched a business that would eliminate my savings and push me to the verge of bankruptcy within 18 months. Thanks to Keith Terrell, Backpacks Global ! #14-

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4 Miscues That Can Transform Popular Brands Into Troubled Brands

YoungUpstarts

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.

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Why You Should Background Check Your Business Partner

YoungUpstarts

Background checks of potential employees routinely show both minor and more concerning issues for employers. Here are the issues that merit concern: Financial Issues: Bankruptcy, tax liens, poor credit, and other financial problems should raise a red flag, even if your potential partner will not be contributing financially to your business.

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A Look At Some Popular, Trending Business Ideas

YoungUpstarts

Technology has also dramatically shifted how we do business as virtual offices, telecommuting and “the cloud” are moving us towards a global market as the norm — not the exception. Bankruptcy is relatively common, especially post-2009, but recovering from it can require professional help. Get on the SEO bandwagon.

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