YoungUpstarts

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[INTERVIEW] Michael Majeed, Finance Executive, SR&ED Tax Consultant

YoungUpstarts

an entrepreneur should have about 6 months worth of fixed costs on hand at the beginning. Additionally, take time to plan your costs and don’t underestimate expenses – they will likely increase as your business grows. For starters, rising debt-to-equity ratio. office space, legal fees, payroll, etc.)

Finance 217
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What Some Are Using Home Equity Loan/HELOC Proceeds For

YoungUpstarts

Home equity loans and HELOCs provide a faster financing opportunity for consumers. A spouse or child of an individual who needs assisted living services uses the equity built-up into the home to cover the costs. Homeowners calculate the full cost of renovations and repairs before approaching a lender.

Equity 113
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5 Mistakes New College Grads Make As They Enter Entrepreneurship

YoungUpstarts

Often young founders don’t think about basic concepts like unit economics, which is selling something for more than what it costs to make. Other businesses fail because they raise the wrong kind of money, such as debt they can’t repay on time or equity that causes them to lose control of their business.

Cofounder 170
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5 Automation Trends That Are Impacting The FinTech Industry Right Now

YoungUpstarts

Vendors cut costs and get paid faster. Ultimately businesses and their customers will benefit from this via lower operating costs that allow for better value to be delivered rather than spent on administrative functions like accounting. Both the customer and the vendor win with greater automation in this area. Accounting.

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The Difference between Debt Financing and Equity Financing: Which Is Right For You?

YoungUpstarts

When you’re looking for extra funds, there are typically two options: debt financing and equity financing. It’s important to understand the difference between debt financing and equity financing so when it comes time to get additional funding, you know which is the right fit for your business and how to get it. Equity Financing.

Finance 157
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Startups – Beware The Changing Palo Alto Investment Model

YoungUpstarts

Traditionally, VC investors would invest $X million in a startup for a certain percentage of equity, decision making rights, and the power to block things they didn’t agree with. Cheaper capital costs. Subsequently, the price of capital has plummeted and with it, borrowing costs. That has now changed for good.

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What Do I Do If My Business Runs Out Of Cash?

YoungUpstarts

If the situation is dire, you may also consider recapitalizing the business through a debt refinancing or by selling equity. What are my top 3 costs? The ROI on cost savings is more compelling in a downturn, whereas the ROI on sales is more compelling during a growth cycle. How do I Turnaround an Unprofitable Business?