Remove Bankruptcy Remove Employee Remove Hiring Remove Small Business
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

What Should Small Businesses Check On Their Employees?

YoungUpstarts

When you hear the question “What type of background checks should my small business run on employees?” you imagine that some invisible barrier exists between “small companies” and “large companies” that impacts which types of background screenings are and are not necessary. Past Employment Checks. Professional Licenses.

Insiders

Sign Up for our Newsletter

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

article thumbnail

A Look At Some Popular, Trending Business Ideas

YoungUpstarts

It’s pretty tough to get the capital you need for a startup or small business with subpar credit. Work on rebuilding your credit now, regardless of whether you plan to start a small business, make a big purchase like a car or home, or otherwise need good credit in the near future.

SEO 113
article thumbnail

Five Ways For A Startup To Secure And Keep A Big Client

YoungUpstarts

For a startup, sustained revenue is of paramount importance: a paucity of sales in one month could lead to bankruptcy the next. Big businesses live and die on budgets and are very astute in squeezing the vendor to get give-backs. Hiring a good lawyer also may mean saying no to your “Cousin Vinnie.”

Security 147
article thumbnail

Why Every Small Business Owner Needs Disability Insurance

YoungUpstarts

As a small business owner, it’s important to prepare for the worst-case scenario, in which you’re no longer able to perform the duties essential to running your business. According to the Council for Disability Awareness , medical expenses accounted for 62% of all personal bankruptcies filed in the U.S.

article thumbnail

8 Key Disciplines Are Essential To Scale Any Business

Startup Professionals Musings

Image via Pixabay As a mentor to many small business owners, I always caution them that you can never relax completely, just because your initial solution or product set appears to be getting traction, and the market buzz is positive. Suddenly you face new overhead, with hiring, office space, benefits, and new advertising campaigns.

article thumbnail

The 5 Cs That Can Help Businesses Ride Out Tough Times

YoungUpstarts

Thirty years ago when I started my company, I probably would never have said it takes courage to lead a small business, but without it, I assure you, you’ll fail. My firm, like many businesses, endured tough economic times after the 9/11 attacks. Revenue dropped and bankruptcy loomed as a real possibility. Commitment.