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5 Options To Consider Before Giving Up On A Business

Startup Professionals Musings

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.

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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.

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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. Professional Licenses.

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When Do You Really Need Insurance for Your Business?

Up and Running

You probably have a lot of questions surrounding what specific risks different types of coverage actually protect against, and whether or not they apply to your business. When it comes to insuring your business, factors like your location, industry, and the number of employees can all affect what coverages are applicable.

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5 Alternatives To Shutting Down A Struggling Startup

Startup Professionals Musings

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.

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3 Key Factors Lenders Look For When Assessing Business Loans

The Startup Magazine

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.

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23 Entrepreneurs Explain Why They Started Their Business

Hearpreneur

We asked some entrepreneurs and business owners, why they started their businesses: #1- From personal experience. I owned a mortgage company when the mortgage industry crashed and lost almost everything pushing me to the brink of personal bankruptcy. 7- Help small business in website ranking on Google.