YoungUpstarts

APRIL 5, 2017

Bankruptcy is relatively common, especially post-2009, but recovering from it can require professional help. With cloud technology, your employees can have instant access to everything they need — and work from wherever it’s convenient. It’s also a means of testing out a potential permanent hire. Get on the SEO bandwagon.

SEO 113

SEO Bankruptcy Technical Review Cloud 113

YoungUpstarts

SEPTEMBER 3, 2013

Just like launching a new product, hiring a partner requires protecting your business against potential risk and failure. Background checks of potential employees routinely show both minor and more concerning issues for employers. For example, according to ADP’s 2009 hiring index , 46 percent of résumés reviewed showed discrepancies.

Technical Review 219

Technical Review Partner Due Diligence Bankruptcy 219

Steve Blank

MARCH 15, 2017

When organizations are small (startups, small teams in companies and government agencies) early employees share a mission (why they come to work, what they need to do while they are at work, and how they will know they have succeeded). I had taken the job of VP of Marketing in a company emerging from bankruptcy. Why Do You Work Here?

Startup 310

Startup PR Public Relations Channel 310

The Startup Magazine

SEPTEMBER 26, 2022

What Happens After an Employee is Injured in the Workplace? Note that worker’s compensation insurance doesn’t just support your employees; it also provides liability coverage if the employee decides to sue. This could result in fines, bankruptcy, or jail time. Image Source: Unsplash. Use a Top-Down Approach.

Bankruptcy 122

Bankruptcy United States Startup Employee 122

Women Entrepreneurs Can

APRIL 29, 2021

If you have never hired a lawyer before, the idea of it can sound a little intimidating. Here are 3 situations in which you should hire a corporate lawyer. If You Have Encountered an Issue, Report or Conflict with a Current or Former Employee. If You Need to Liquidate Your Business or Declare Bankruptcy. Final Thoughts.

Hiring 52

Hiring Bankruptcy Employee Business Model 52

Both Sides of the Table

SEPTEMBER 8, 2010

Recruits, hires, and retains the very best talent for the company. Hiring & Firing the CEO. Psychologist as the CEO of Employees – Everybody wants to work somewhere “that is not political&# but that place only exists in a mythical utopian island. Makes sure there is always enough cash in the bank.

Ireland 319

Ireland Sales Bankruptcy Germany 319

YoungUpstarts

SEPTEMBER 12, 2014

When you hear the question “What type of background checks should my small business run on employees?” Quite simply, a small business requires a lot less organization than a big one, so guidelines for things like employee background checks are often a bit looser and more relaxed. Past Employment Checks. Professional Licenses.

Small Business 171

Small Business Employee Reputation Bankruptcy 171

YoungUpstarts

SEPTEMBER 10, 2013

For a startup, sustained revenue is of paramount importance: a paucity of sales in one month could lead to bankruptcy the next. Hiring a good lawyer also may mean saying no to your “Cousin Vinnie.” To prevent disaster, it’s essential for startups to lock down a big client as soon as possible.

Security 147

Security Bankruptcy Startup Revenue 147

Both Sides of the Table

APRIL 26, 2016

The key to being able to run a business that isn’t yet profitable (on operating margin) is availability of capital to finance losses and preferably at a cost that isn’t too punitive to the founders and employees. Poorly calculated LTVs can become BVs (bankruptcy values).

Metrics 150

Metrics Cost Acquisition Startup 150

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. Suddenly you face new overhead, with hiring, office space, benefits, and new advertising campaigns.

Silicon Valley 215

Silicon Valley Bankruptcy Metrics Valuation 215

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. This is often referred to in the creative community as a “ work-for-hire agreement.”.

Intellectual Property 149

Intellectual Property Technical Review Software Review IP 149

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

YoungUpstarts

FEBRUARY 11, 2020

Revenue dropped and bankruptcy loomed as a real possibility. So, hire an accountant to handle the financials. Hire competent people who you will trust in their jobs – and then trust them. I had to make drastic cuts, including letting go beloved employees. I had to figure out how to turn my company around. Commitment.

Public Relations 147

Public Relations Bankruptcy PR Social Media 147

Ben's Blog

DECEMBER 5, 2012

Your startup is going well and as your business expands, you hear the dreaded words from someone on your board: “You need to hire some senior people. However, bringing in the right kind of experience at the right time can mean the difference between bankruptcy and glory. Why hire a senior person? Kanye West, New God Flow.

PR 78

PR Hiring Engineer Bankruptcy 78

YoungUpstarts

JUNE 27, 2018

While some CEOs start the company with just a couple of employees, others start with a few hundred. This way, if your company faces debt, bankruptcy or is held liable in a court of law (if an employee suffers a work accident , for example), you as an individual will not have to suffer the legal repercussions.

Intellectual Property 100

Intellectual Property Non-Compete Startup Bankruptcy 100

YoungUpstarts

JULY 17, 2016

No matter how skilled you are at multitasking, pretty soon your balance will falter and you’ll fall face-first into the thing that every businessperson dreads – bankruptcy. But your balancing act doesn’t have to be more precarious than a trapeze act on a cliff-face.

Bankruptcy 100

Bankruptcy PR Social Media Employee 100

YoungUpstarts

MAY 22, 2017

According to the Council for Disability Awareness , medical expenses accounted for 62% of all personal bankruptcies filed in the U.S. Your ability to earn a living would be greatly diminished, which usually means going into debt. in 2007 and contributed to half of all home foreclose filings in 2006.

Small Business 133

Small Business Bankruptcy Finance Restful 133

YoungUpstarts

DECEMBER 19, 2016

Managing their own locations and employees, and the opportunity to grow their own business, gives them the incentive to succeed. Franchising will bring you more dedicated, motivated people than you would from hiring internal staff. Investing in company outlets means more inventory, real estate, and hiring more employees.

Social Media 100

Social Media Non-Compete Bankruptcy Campaign 100

Ben's Blog

APRIL 1, 2011

Organizational design, process design, metrics, hiring and firing were all relatively straightforward skills to master compared to keeping my mind in check. As the founding CEO, every hire and every decision that the company ever made happened under my direction. What if I was misleading everyone from investors to employees?

Management 78

Management Cap Table Balance Sheet Bankruptcy 78

Ben's Blog

DECEMBER 5, 2012

Your startup is going well and as your business expands, you hear the dreaded words from someone on your board: “You need to hire some senior people. However, bringing in the right kind of experience at the right time can mean the difference between bankruptcy and glory. Why hire a senior person? Is now the time?

PR 51

PR Hiring Engineer Bankruptcy 51

Hearpreneur

OCTOBER 31, 2021

Hiring an expert or a coach to walk you through this stage can help you minimize the chances of failure although identifying the problem first can be a great way to create a long-lasting strategy. Saturn, Pontiac, and Hummer were all shuttered due to GM's bankruptcy, which occurred on June 1, 2009. According to too Bloomberg, the U.S.

Entrepreneur 116

Entrepreneur Software Review Las Vegas Bankruptcy 116

Hearpreneur

MARCH 10, 2016

This success led me down a path where for several years this was my life, taking troubled companies, on the brink of bankruptcy, and turning them around to profitability. When I came to Intelicare Direct they had about 60 employees working out of a converted auto-body shop. Take an employee out to lunch. What does that mean?

Bankruptcy 48

Bankruptcy Michigan Employee Leadership 48

Transformify

AUGUST 5, 2021

With the current changes in the market today, businesses are more focused on the ways to meet the demands of their customers, irrespective of the new way of working of their remote employees and hybrid workforce. The never-ending cycle of lockdowns and reopenings makes it impossible to forecast revenue streams and retain full-time employees.

Intellectual Property 59

Intellectual Property Technical Review Software Review Bankruptcy 59

Hearpreneur

OCTOBER 1, 2016

They don’t need to be a savant in one niche skill; they need to be competent at a wide range of skills and then hire specialists to do what they can’t. Clients needed transparency and accountability from their agency, employees craved trust and flexibility. As I watched, I quickly realized there was a better way to run a firm.

Entrepreneur 48

Entrepreneur Non-Compete LLC Social Media 48

Both Sides of the Table

JANUARY 31, 2011

And for ones that do get sold often most of the employees don’t really make huge upside gains. I remember an employee asking me whether I’d fill out their paperwork to get a home loan when we only had 3 months of cash in the bank. Mostly you read about fundings, product releases, big valuations, and M&A. Been there.

Entrepreneur 384

Entrepreneur Startup Salary Egypt 384

Up and Running

AUGUST 20, 2014

It’s a risk and it will make many aspects of running a business harder: getting loans; attracting investors; paying suppliers and employees, and growing the business. With a positive cash flow, you will be able to make inventory purchases, hire new staff and spend money on the things that matter, including paying yourself a salary!

Forecast 135

Forecast .Net Dividend Finance 135

crowdSPRING Blog

DECEMBER 20, 2010

You may have difficulty collecting certain receivables or the recession may have forced some of your vendors into bankruptcy, rendering their debts worthless. Ready, aim, hire! If your employees traveled for work in 2010 this expenses can be deducted. If your employees traveled for work in 2010 this expenses can be deducted.

Small Business 80

Small Business Bankruptcy Restful Hiring 80

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. Most employees have been sent on unpaid leave. Australian workers have not been spared and also expect massive job cuts.

Italy 92

Italy South Korea Bulgaria Los Angeles 92

Gust

NOVEMBER 23, 2011

Mainstays of user-generated content (UGC) such as YouTube, MySpace and Facebook would have been sued into bankruptcy within days if they were held to traditional standards of liability as publishers of their users’ content. (See See this blog post for a full discussion.).

IPO 110

IPO Prospectus SEC Intellectual Property 110

Ben's Blog

SEPTEMBER 21, 2010

After I took him through the details including several near bankruptcies, a stock price of $0.35/share, share, unlimited bad press and 3 separate layoffs where we lost a total 400 employees, he was most amazed by the layoffs. In the exchange one of our smarter employees wrote: “Ben is either lying or stupid or both.” Here’s how.

Recapitalization 78

Recapitalization Venture Capital Bankruptcy Employee 78

Both Sides of the Table

JANUARY 22, 2011

And for ones that do get sold often most of the employees don’t really make huge upside gains. I remember an employee asking me whether I’d fill out their paperwork to get a home loan when we only had 3 months of cash in the bank. Mostly you read about fundings, product releases, big valuations, and M&A. Been there.

Entrepreneur 176

Entrepreneur Startup Salary Egypt 176

YoungUpstarts

MAY 8, 2014

Or a key vendor declares bankruptcy. Refusing to hire people who are smarter than you. Of course I shouldn’t hire people who are smarter than me , you might think. The best advice I got when I became the CEO of RME was to hire people who were better and smarter than I was. Or a partner defects with your top client.

Technical Review 254

Technical Review Entrepreneur Florida Cofounder 254

Up and Running

MAY 21, 2015

If, down the road, you decided to take on an additional investor, or sell new shares of the company at a discounted rate to employees or family and friends, then that investor’s total ownership percentage might fall below their 10 percent ownership.

Covenant 60

Covenant Liquidation Preference Ratchet Dilution 60

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. Freelance work exists even in the construction industry.

Software Review 67

Software Review Bankruptcy Portfolio Advertising 67

YoungUpstarts

SEPTEMBER 13, 2020

The predator is the loss of revenue, or worse, bankruptcy. The question begs: how can a company hire a marketing leader whilst mitigating the cost risk of hiring a marketing leader? One way this can manifest itself is in having a highly-paid role doing tasks that a lower-paid employee can also easily do.

Bankruptcy 179

Bankruptcy Salary Campaign Leadership 179

The Next Web

JULY 15, 2013

I’ve worked for different entrepreneurs, various startups and larger businesses as both an employee and partner. There were times of high profitability, but also times when we were close to bankruptcy. We learned how to win and lose customers, how to manage and mismanage projects, and how to hire and fire developers and designers.

Cofounder 134

Cofounder Europe Bankruptcy Germany 134

Hearpreneur

OCTOBER 6, 2019

Meanwhile, I was doing a great job creating content for my website and ranking in the search engines – so good a job, that people wanted to hire me to handle their content and SEO. Since both sets of my parents went through bankruptcy while I was a child, learning about how to manage money became almost an obsession of mine.

Entrepreneur 61

Entrepreneur Ireland LLC Kansas 61