YoungUpstarts

APRIL 16, 2020

See if you and your finance staff can answer these questions: When did my business become unprofitable, and what caused the change? Stop founder salaries. During the good times, founders may shop around for the best terms on a financing round. What are my gross profit and gross margin by product/service?

Recapitalization 200

Recapitalization Forecast Software Review Finance 200

YoungUpstarts

NOVEMBER 3, 2020

by Erin Yurday, CEO, Co-founder and Editor of NimbleFins. Consultancy is a career option for professionals in a wide range of industries – marketing, finance, accountancy, architecture, business management, the list goes on. Here are the five risks you as a consultant should know about.

Intellectual Property 165

Intellectual Property Software Review Cofounder Architecture 165

YoungUpstarts

MAY 23, 2018

Most startups do not fail because they had a bad idea that could not find a market, but rather because the founders and startup teams got overwhelmed or were missing key ingredients to success. Finances are a huge part of startup success or failure, but while a lack of funds is a significant problem, it’s usually not the biggest problem.

Due Diligence 133

Due Diligence Startup Finance Leadership 133

YoungUpstarts

DECEMBER 21, 2020

Those in such tricky financial situations may be thinking of taking out a payday loan , however, while this is certainly tempting given the time of year, one startup founder urges consumers not to go down this path, as expensive forms of credit can end you up in more severe financial problems. households. households.

Cost 147

Cost Founder Startup Finance 147

YoungUpstarts

FEBRUARY 12, 2017

by Andriy Skoropad, co-founder & CEO at Perfectial. Some claim that all possible interactions of finance and technology, which I guess includes credit cards – the 1950’s invention, are FinTech. “Why There’s no longer a need for aspiring entrepreneurs to visit banks or even seek for investors to get financed.

Ruby 210

Ruby Cofounder Finance Campaign 210

YoungUpstarts

NOVEMBER 9, 2018

by Miron Lulic, founder and CEO of SuperMoney. However, not all companies have the working capital available to offer in-house financing programs. Partnering with a third-party POS financing platform is an attractive solution but finding a partner with competitive rates and reasonable implementation costs can be a challenge.

Finance 157

Finance Sales Programming Cost 157

YoungUpstarts

DECEMBER 4, 2015

By Stephen Tanenbaum, co-founder and CEO of UGallery. I’m a startup founder and I spend more time at the office than I’d like to admit. Stephen Tanenbaum is co-founder and president of UGallery.com. Sound familiar? Work/life balance has become a hot topic in the startup world. https://www.agoraforgood.com/.

Founder 100

Founder Arizona Cofounder Technical Review 100

YoungUpstarts

JANUARY 22, 2013

The trouble is that while many of these founders may keep a paranoid eye on their company accounts, some neglect their own personal finances. Here are some ideas how startup founders can properly manage their personal finances: Make sure you have a proper financial plan. Pay yourself. Manage your credit well.

Finance 145

Finance Founder Management Salary 145

YoungUpstarts

AUGUST 20, 2019

by Chris Grey, co-founder and COO of CapLinked. Finance companies increasingly recognize that their people are the most valuable resource and need to be managed more thoughtfully as well as efficiently. Finance companies now consider mobile oriented tech as part of the core work-flow.

Technical Review 127

Technical Review Software Review Private Equity Cofounder 127

YoungUpstarts

MAY 17, 2017

Furthermore, they] are usually small and initially financed and operated by a handful of founders or one individual.”. This definition leads us to one of the most important questions that every startup founder needs to ask: How are you going to fund the company in its initial stages? Venture capital.

San Diego 138

San Diego Venture Capital Startup Bootstrapping 138

YoungUpstarts

JULY 22, 2018

With Foss and Phelan taking care of Newfoundland Hard-Rok’s operations and Glen looking after the daily finance and administration of the company, over the past roughly thirty years, Newfoundland Hard-Rok has become a leading explosives manufacturer and drilling blasting provider in the Newfoundland and Labrador area and on Baffin Island.

Cofounder 100

Cofounder Ecuador Chile Founder 100

YoungUpstarts

APRIL 25, 2018

However, with their focus increasingly drawn towards the demands of the business, startup founders and staff can begin to neglect their own personal finances. The last thing you need after giving a significant chunk of your life to a startup is to discover that you neglected your personal finances along the way.

Finance 145

Finance Technical Review Stock Demand 145

YoungUpstarts

MAY 14, 2018

Marks, founder and managing partner of High Rock Partners and author of “ Middle Market M & A: Handbook for Investment Banking and Business Consulting “ Conventional wisdom says that a company grows by reaching new customers, increasing its workforce, expanding marketing or launching new products or services. by Kenneth H.

Acquisition 124

Acquisition Finance Raleigh Mezzanine 124

YoungUpstarts

MAY 27, 2019

by Christopher Grey, co-founder and COO of CapLinked. Often young founders don’t think about basic concepts like unit economics, which is selling something for more than what it costs to make. Inexperienced founders often overestimate their own importance and don’t appreciate the importance of the team they build around them.

Cofounder 170

Cofounder Private Equity Software Review Equity 170

YoungUpstarts

JUNE 1, 2016

by Krista Morgan, CEO and co-founder of P2BInvestor. Full disclosure – any kind of financing comes with costs, whether it’s interest payments, equity, and/or your very valuable time which, as an entrepreneur, is the thing you will always wish you had more of. Purchase order financing. Asset-based lending. Angel Investors.

Finance 100

Finance Angel Investor Cofounder Later Stage 100

YoungUpstarts

AUGUST 10, 2017

by Mark Gilbert, founder and CEO of MBS Accounting Technology & Advisory. These software programs are more efficient for managing a company’s finances. Founders overlook how their salary looks to investors. >Investors In today’s investment climate, it’s getting even harder to raise money from investors.

Software Review 124

Software Review Technical Review Due Diligence Startup 124

YoungUpstarts

APRIL 17, 2018

by Felix Winstone, Co-Founder and Managing Director at Talkative. As a startup co-founder with a growing team, here are the recruiting tips I’ve learnt over the last couple of years. Robert Metcalfe, co-founder and CEO of 3Com, says you need to think about it as “recruiting, not hiring”. Hiring = Sales. Be Specific.

Cofounder 164

Cofounder Elevator Pitch Hiring Dividend 164

YoungUpstarts

OCTOBER 28, 2015

This article highlights their advice on issues ranging from financing to patent trolls: While startups may believe lawyers are too costly, working with one early on avoids potentially serious problems later. ” The Cost of Financing. In a Series A financing, companies must pay the investors’ lawyers as well as their own.

Convertible Security 100

Convertible Security IP Technical Review Software Review 100

YoungUpstarts

DECEMBER 22, 2014

by Anthony Coundouris , trade finance evangelist for ApexPeak. If an overseas customer is not able to settle an account due to liquidity problems, sourcing local finance to bridge the gap is an option. It is expected many SME business owners may turn to alternative financing, which in the UK has grown to a EUR 1.7

Singapore 191

Singapore Asia Management China 191

YoungUpstarts

SEPTEMBER 23, 2017

I raised money and traded equity, but with my venture, I had to make one of the toughest decisions, to build it with some assistance of co-founders. If you are having any issues with cash flow, you always have the option of opting for alternate business finance. Find the right co-founders. Often, this is considered as a mistake.

Cofounder 124

Cofounder Sweat Equity Equity Dilution 124

YoungUpstarts

MARCH 4, 2019

by Vinnie Fisher, co-founder and chief visionary of Total CEO and author of “ The Best Investment: A Better You “ As the end of the fiscal year approaches, many new business owners are finding themselves panicking to get their books in order. Vinnie Fisher is the co-founder and chief visionary of Total CEO.

Balance Sheet 172

Balance Sheet Software Review Equity Cofounder 172

YoungUpstarts

FEBRUARY 8, 2015

by Anthony Coundouris , trade finance evangelist for ApexPeak. Alternative finance has grown slowly in these countries, because both are the historical treasurers of Asia. In Asia Pacific, the volumes in alternative finance have come from South Korea and China. For many businesses, alternative financing was the alternative.

Singapore 100

Singapore South Korea Finance Asia 100

YoungUpstarts

JANUARY 4, 2017

Varsha not only invests but also provides operating and strategic advice based on her experiences as a former founder and operating executive. Sam Decker is the founder of Mass Relevance, Clearhead and Mashbox so he is in the perfect position to help entrepreneurs. Mark Andreessen. Sam Decker.

Angel Investor 208

Angel Investor Entrepreneur Software Engineering Operations 208

YoungUpstarts

OCTOBER 12, 2017

When investors believe in the founders, products, or ideas they will provide companies with funding. However, as a condition of financing they may require annual audited financial statements. For many startups this results in a need to raise additional financing through debt or equity arrangements.

San Francisco 133

San Francisco Forecast Early Stage Term Sheet 133

YoungUpstarts

JANUARY 7, 2018

by Humberto Farias, CEO and co-founder at Concepta. This means finance, operations, sales, and marketing departments as well as leadership can all access the same data. The digital revolution is disrupting the traditional business model for small and medium businesses (SMBs). This also creates a place for hosting all of your data.

Artificial Inteligence 164

Artificial Inteligence Analytics SCRUM Cofounder 164

YoungUpstarts

MARCH 22, 2013

Crowdfunding, the new in-thing in micro-financing that’s taken the world by storm thanks to the likes of Kickstarter , takes a twist with new crowdfunding site CrowdIt. We think the business networking possibilities alone can transform crowdfunding into a true economic engine that is ready to jumpstart new enterprises of all kinds.”.

Networking 228

Networking Missouri Early Stage Cofounder 228

YoungUpstarts

AUGUST 9, 2018

In the beginning stages of most startups, the founder is the manager, marketer, salesman, among other titles. The cash flow statement shows the movement of cash in different areas of your business, as either operating, financing or investing. Krystal Russell runs a full service accounting and finance company, LYFE Accounting.

CPA 100

CPA Balance Sheet Software Review Finance 100

YoungUpstarts

AUGUST 21, 2017

by Julian Lee, founder and CEO of Ambi Labs. Julian Lee, the founder and CEO of Ambi Labs is a seasoned entrepreneur with a wide ranging skillset covering strategy development, finance, fund-raising, due diligence, legal contract negotiation, recruitment, company setup and administration.

Software Review 124

Software Review Technical Review Due Diligence Mobile 124

YoungUpstarts

AUGUST 31, 2019

As a startup founder with a fledgling business, the goal is to reduce/eliminate as many risk variables as possible in order to give your young startup an unimpeded runway to fly to new heights. You should never leave the office at the end of any day or week without having all finances reconciled with the proper supporting documentation.

Burn Rate 176

Burn Rate Startup Lean Early Stage 176

YoungUpstarts

NOVEMBER 27, 2018

by Emmanuel de Watteville, co-founder of Blue Ocean Ventures. Before sealing the deal, the final step is to learn whether or not the company’s founder is willing to pivot in the future. Emmanuel de Watteville, General Partner and Co-founder of Blue Ocean Ventures, has been part of the startup ecosystem since 2003.

Early Stage 160

Early Stage Cofounder Startup Security 160

YoungUpstarts

SEPTEMBER 3, 2013

by Kenneth Coats, founder of eKnowID. Doing a background check on a potential partner or co-founder, while unorthodox, could bring to light small issues that could be resolved with a bit of honest dialogue. Kenneth Coats is the founder of eKnowID, a new consumer background-checking solution, and CEO of KENTECH Consulting, Inc.,

Technical Review 219

Technical Review Partner Due Diligence Bankruptcy 219

YoungUpstarts

JUNE 10, 2019

Malicious third parties can gain access to these files and use the information stored in them to commit fraud, endangering the finances of both the business and its clients. says David Holmes, Founder at Boiler Guide. “If Clean offices are part of a brand’s image. This is an important point.

Software Review 212

Software Review Security Social Media Cost 212

YoungUpstarts

MARCH 22, 2019

Without the resources to hire a full time bookkeeper and little understanding of how to get their heads above water, many of these small businesses will founder having struggled due to lack of cash flow and poorly managed accounts. One-stop-shop” accounting software. For the self employed, software needs to be fit for purpose.

Software Review 176

Software Review Due Diligence Startup Stock 176

YoungUpstarts

MARCH 30, 2018

As the founder of your startup, you’re responsible for its finances. Take the time to weigh both the pros and cons of any location. Moving further afield may end up saving you a considerable amount. Keep personal and professional accounts separate. . Don’t follow their lead.

Silicon Valley 133

Silicon Valley San Francisco Founder Burn Rate 133

YoungUpstarts

MAY 19, 2016

Speaking intelligently about your company’s current (and future) performance means regular check-ins with your finances. Ideally, tech startup founders stay on till the very end. Without a contingency plan, companies that unexpectedly lose a co-founder find themselves in muddy water. Read your books from cover to cover.

Technical Review 124

Technical Review Burn Rate IP Intellectual Property 124

YoungUpstarts

DECEMBER 10, 2015

By Kathryn Petralia, Kabbage co-founder and COO. Review your business finances. It’s crucial to separate your personal and business finances to easily illustrate the financial strength of your business. Since co-founding Kabbage Inc. Be cautious before borrowing from family and friends.

Technical Review 100

Technical Review Cofounder Small Business Early Stage 100

YoungUpstarts

SEPTEMBER 27, 2015

by Rhys Arkins, founder of Key Location. Succeeding in finance is probably one of the most “slam dunk” ways to wealth in any country, and Singapore even more so. Although less known than finance and real estate, one of Singapore’s largest industries has been its electronics industry. Electrical Engineering.

Singapore 100

Singapore South Korea Technical Review Finance 100