Berkonomics

AUGUST 31, 2017

Time bankruptcy results from the deliberate over-commitment of core resources. I created the term “time bankruptcy” almost thirty years ago when the computer software business was young, and I was a software developer building a young company based upon quality first. It’s a classic case of time bankruptcy. Time bankruptcy.

Bankruptcy 97

Bankruptcy Software Developers Software Development Software 97

Up and Running

JUNE 21, 2021

Seeing a 200-percent revenue growth in just the first year after securing that loan, TRISTAR took out an additional $500,000 SBA-backed loan to expand its physical presence into two more locations. It has grown from five employees generating $120,000 in annual revenue to 350 employees generating annual revenues of $16.5

Columbus 134

Columbus SBA SBIR Utah 134

The Startup Magazine

MAY 11, 2020

Boost Sales and Revenue. Timely repayments also maximize profits because outstanding balances won’t require a large percentage of the revenues your business makes. A debt-reconstruction company will charge a fee, however, it is cheaper when compared to the hassle of filing for bankruptcy.

Software Review 105

Software Review Small Business Management Bankruptcy 105

Both Sides of the Table

MAY 28, 2018

There are many things a VC is looking for in reviewing your business plan but beyond things the like the quality of revenue, margins, OPEX and CAPEX there’s a really simple rule I call, “Cash In, Cash Out, Milestones Achieved.” Having too little demand leads to bankruptcy.

Burn Rate 247

Burn Rate Valuation Pre-Money Valuation Dilution 247

The Startup Magazine

JULY 1, 2019

With staggering statistics like these, it’s clear that startups need to come up with affordable ways to handle their accounting services needs in order to avoid bankruptcy. However, after some time when your business expands and you start generating more revenue, you may want to hire a CPA ( learn more about CPA’s.).

CPA 70

CPA Software Review Bankruptcy Early Stage 70

Steve Blank

MARCH 15, 2017

I had taken the job of VP of Marketing in a company emerging from bankruptcy. And it was going to mention the two words that marketing needed to live and breathe: revenue and profit. Generate end-user demand (to match our revenue goals). Value price our products to achieve our revenue and margin goals (create high-value).

Startup 310

Startup PR Public Relations Channel 310

This is going to be BIG.

MARCH 16, 2020

The answer, unfortunately, was to declare bankruptcy. The business will be much simpler, focused on our strength—the growing revenues and customer loyalty at our shops, which are profitable when you subtract the costly overhead of a big factory. This is what happens when you deal with investors that aren’t professionals.

Bankruptcy 95

Bankruptcy Private Equity Seed Stage Dilution 95

Up and Running

NOVEMBER 10, 2014

If your business is considering filing for bankruptcy, read on to see how to proceed. If your business has been experiencing financial difficulty for some time, is filing for bankruptcy the appropriate step? And if so, what bankruptcy options do you have? Shrinking revenue and/or profits. Chapter 7 Bankruptcy.

Bankruptcy 89

Bankruptcy CPA LLC Revenue 89

Startup Professionals Musings

JANUARY 7, 2023

As I was contemplating a classic book “ Dead Companies Walking ,” by Scott Fearon, who runs a hedge fund that profits from businesses headed toward bankruptcy, I realized that his insights on the common ways that mature companies often doom themselves apply equally well to startups. This one may be back, and due for another crash.

Intellectual Property 314

Intellectual Property Entrepreneur Bankruptcy Viral 314

YoungUpstarts

SEPTEMBER 10, 2013

For any business, revenue matters. For a startup, sustained revenue is of paramount importance: a paucity of sales in one month could lead to bankruptcy the next. Professionalisms client management revenue sales Scott Tarlow startup Success Systems' By Scott Tarlow, founder, president and CEO of Success Systems.

Security 137

Security Bankruptcy Startup Revenue 137

David Teten

JANUARY 19, 2021

More and more startups are pursuing Revenue-Based VCs , but “RBI” doesn’t fit everyone. Flexible VC 101: Equity Meets Revenue Share. By tying payments to actual revenues, founders and investors remain aligned around the company’s real-time performance, good or bad. Flexible VC: Revenue -based. Of the Inc.

Cofounder 78

Cofounder Technical Review Equity Dividend 78

YoungUpstarts

JULY 21, 2019

Why are there so many digital commerce companies which can challenge large traditional retailers and even force them into bankruptcy? When his boss asked him to map and monitor all fast-growing E-Commerce companies in the Netherlands, he saw how fast these companies were growing, with some of them quadrupling their revenues year after year.

Cofounder 104

Cofounder Technical Review Technology Netherlands 104

Both Sides of the Table

JULY 6, 2016

In France in some ways it was worse because if you failed as a startup founder you shouldered personal liabilities that don’t exist in the US under our bankruptcy laws. Perhaps that’s changed in the decade since I left but that was my experience when I lived there.

South Korea 261

South Korea Silicon Valley Los Angeles Japan 261

Hearpreneur

SEPTEMBER 9, 2022

Over the years, despite massive losses, Netflix was able to bounce back and improve its revenue by 47%. Before Jobs returned to the business in 1997, its sales, and popularity all steadily declined for 12 years, nearly driving it into bankruptcy. Thanks to Jen Wan, Soteri Skin ! Thanks to notably Erin LaCkore, LaCkore Couture ! #8-

Entrepreneur 92

Entrepreneur Bankruptcy Southern California South Africa 92

Both Sides of the Table

APRIL 26, 2016

Poorly calculated LTVs can become BVs (bankruptcy values). In SaaS (or any recurring revenue business) this is also a very difficult task. One big, beginners mistake people make in LTV is to measure revenue. CAC is often measured incorrectly and doesn’t often doesn’t capture the true costs of acquisition.

Metrics 150

Metrics Cost Acquisition Startup 150

Startup Professionals Musings

APRIL 12, 2020

As I was contemplating a classic book “ Dead Companies Walking ,” by Scott Fearon, who runs a hedge fund that profits from businesses headed toward bankruptcy, I realized that his insights on the common ways that mature companies often doom themselves apply equally well to startups. This one may be back, and due for another crash.

Intellectual Property 310

Intellectual Property Startup Bankruptcy Viral 310

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. As the head of my SEO consulting firm, I help clients grow their revenue and increase their profitability through data-driven decision making and program development. Photo credit: Ty Crandall.

Technical Review 142

Technical Review Entrepreneur Software Review SEO 142

YoungUpstarts

JULY 16, 2020

If your business is unable to weather the current economic storm and has to close or file bankruptcy, you can be held personally liable for any outstanding debts. But without the personal liability protection of the “corporate shield” provided by a legal business entity, your personal finances might be vulnerable to a lawsuit or bankruptcy.

LLC 249

LLC Bankruptcy Venture Capital Stock 249

Mike Michalowicz

APRIL 15, 2013

You fix your bottom line by increasing revenue or cutting costs or both. You can’t guarantee that you will increase revenue by next month, but you can guarantee that your rent will be due. Many costs are static and recurring, meaning they happen every month for the same amount regardless of your revenue.

Cost 151

Cost Bankruptcy Revenue Software Review 151

YoungUpstarts

MARCH 11, 2020

As a landlord, your main goal is to maintain your rental properties at tip-top conditions and grow your revenue. Failing to resolve the issues you face can damage your business reputation and may result in property destruction and bankruptcy. Cost control – Limiting your expenses will result in higher revenues for your business.

Bankruptcy 154

Bankruptcy United States Software Revenue 154

The Startup Magazine

SEPTEMBER 23, 2019

Have you thought about what it’ll take to stay afloat if things slow down with revenue? Financial professionals like credit counsellors and Licensed Insolvency Trustees (formerly known as bankruptcy trustees) are skilled and experienced in handling things like bankruptcies and consumer proposals.

Bankruptcy 79

Bankruptcy Leadership Revenue Naming 79

David Teten

JANUARY 21, 2021

This essay is part of a series on alternative VC: I: Revenue-Based Investing: a new option for founders who care about control. II: Who are the major Revenue-Based Investing VCs? III: Why are Revenue-Based VCs investing in so many women and underrepresented founders? IV: Should your new VC fund use Revenue-Based Investing?

Equity 78

Equity Revenue Cofounder Colorado 78

YoungUpstarts

FEBRUARY 18, 2020

Additionally, small businesses are at a higher risk of bankruptcy because of the potential of large chain stores putting them out of businesses and the increasing use of online shopping; therefore making a strong online presence crucial to stay in business.

Social Media 142

Social Media Small Business Media Bankruptcy 142

YoungUpstarts

DECEMBER 2, 2014

In fact, since 2000, more than 10 million Americans have filed personal bankruptcy due to their employers’ failed health insurance plan. For many, it’s been a struggle. But the Affordable Care Act has changed the game. There are many other tax-related areas where CPAs can show great value to employer clients.

Software Review 206

Software Review Employee Retention Government 206

Hunter Walker

JANUARY 2, 2017

Next Level: Buying Customers/Revenue/Distribution. Better that be a smart acquisition than a bankruptcy. One note is that if this type of acquisition occurs early in a company’s lifecycle, they can work out VERY well for founders (usually followed by the investor community speculating that they “sold too early”).

Technical Review 115

Technical Review Cap Table Acquisition Startup 115

YoungUpstarts

FEBRUARY 11, 2020

Revenue dropped and bankruptcy loomed as a real possibility. 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.

Public Relations 136

Public Relations Bankruptcy PR Social Media 136

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. We weren’t supporting the mission of the company (generate revenue and profit), and the lack of honesty diminished our credibility, and our integrity. “We still have time.” (We So we created The No Excuses Culture.

Bankruptcy 371

Bankruptcy Sales Channel Restful 371

The Startup Magazine

OCTOBER 5, 2020

And without a steady, sustainable stream of new customers, cash reserves will dwindle, revenues will dry up, and bankruptcy will inevitably ensue. Without consistent revenue streams, growth is virtually impossible, and a business’ attractiveness to investors quickly diminishes. Leads are the lifeblood of any company.

Customer 90

Customer Lead Generation Early Stage Social Media 90

View from Seed

APRIL 30, 2015

note: We’d like to be extra clear that founders should not take on venture debt if they don’t have 100% visibility into repaying the loan, as banks that need to recoup their loan my force the company or you as the guarantor into liquidation or bankruptcy. Traction and revenue? Business model? Previous capital raised?

Term Sheet 120

Term Sheet Equity Startup Seed Stage 120

Austin Startup

MAY 8, 2018

All of that being said, the early employees will of course expect their compensation to move closer to market as the startup raises funds and hits revenue milestones. If someone, for whatever reason, needs to make $X, even if it’s a serious stretch at the startup’s current budget, then their equity should be proportionately lower.

Employee 48

Employee Seed Stage Startup Equity 48

crowdSPRING Blog

APRIL 7, 2011

Hulu On Track To Generate $500 Million In Revenue This Year – [link]. Puzzled about Dish Network’s purchase of Bluckbuster bankruptcy assets – [link]. Interesting perspective from @malbonster about Instagram – [link]. You need to be HUMAN, not amateur, when building communities.

Social Media 95

Social Media Small Business Design Media 95

YoungUpstarts

JULY 5, 2018

2017 was capped by the announced bankruptcy of Toys “R” Us, a once formidable retail giant. In all, there were 662 bankruptcy filings in retail last year, according to data cited by CNNMoney. The rise of Amazon and other online sites has significantly disrupted traditional retailing operations across the nation.

Programming 104

Programming Bankruptcy Curation Retention 104

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. Over time, you can increase your business’ revenues and decrease dependency on financing. Bottom Line.

SBA 100

SBA Bankruptcy Finance Revenue 100

Lightspeed Venture Partners

OCTOBER 29, 2012

But during that time she had been an alcoholic, and in seeking to break away from that life, she had walked away from the company, causing her to declare personal bankruptcy. Revenue or distribution can both be evidence that, in the Bear and the Rat’s case, the dogs literally are eating the dogfood.

Pre-Money Valuation 97

Pre-Money Valuation Offshore Valuation Cofounder 97

Up and Running

DECEMBER 28, 2015

Your annual revenue. Revenue is also very important in determining loan size. Most of the time you can only qualify for amounts around 15 percent or less of your total annual revenue. Annual revenue of $50,000+. Must be 3+ years out from a bankruptcy. Annual revenue of $150,000+ (one lender will consider $25,000+).

Security 72

Security SBA Bankruptcy Finder 72

The Startup Magazine

JUNE 18, 2018

Startup a business from scratch, or buy a business that has done its MVP and maybe even has a track record of revenue and customers. Bankruptcy trustees. This will help you recoup the costs quicker and generate a revenue stream much faster than if you started a business on your own. Entrepreneurship can take two tracks.

Bankruptcy 68

Bankruptcy Miami Salary Sales 68

YoungUpstarts

JUNE 28, 2012

Considering how incredibly popular Harley-Davidson is today, it’s hard to believe that the motorcycle company was ever on the verge of bankruptcy, but it’s true. Harley-Davidson experienced near-bankruptcy from 1969 to 1981 when the American Machine and Foundry (AMF) bought the company and turned it upside down. Harley-Davidson.

Bankruptcy 180

Bankruptcy Texas Naming Venture Capital 180