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Key Strategies for Starting a New Business After Bankruptcy

Up and Running

Starting a business is difficult, but establishing a new business from scratch after filing for bankruptcy can be an even bigger challenge. Nothing is as stressful as bankruptcy. Filing bankruptcy will offer a fresh start and keep your debts behind you. How to rebuild your finances and credit after bankruptcy.

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7 lessons we learned from the bankruptcy of Whatser

The Next Web

Although we got some early traction, we were unable to prevent a bankruptcy from happening in October 2011. One person cannot be the best lawyer, product developer, finance person, user experience designer, visual designer, business developer and sales person all at once. Develop a strong backbone. Most start-ups fail.

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Financial Management: 7 Steps To Getting Your Small Business Debt-Free

The Startup Magazine

Interestingly, debt can significantly boost business growth. Whether you are new in business or an established entrepreneur, you need to be diligent with your finances. If you are struggling with settling your dues, it is essential to find effective strategies to get your business out of debt.

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How Much Should You Raise in Your VC Round? And What is a VC Looking at in Your Model?

Both Sides of the Table

Let me check my plan.” 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. Annoying, I know.

Burn Rate 247
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The Startup Guide to Affordable Accountancy

The Startup Magazine

In their study, they found that most businesses fail due to poor understanding of cash flow and lack of a well-developed business plan. 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.

CPA 70
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How to bounce back after a startup failure

NZ Entrepreneur

A passionate entrepreneur, Manly has more than 30 years of experience in the technology and education sectors, culminating in the foundation of GCA – a range of training institutions that expanded to include the Universal Business School Sydney (UBSS) MBA program to support the next wave of Australia’s entrepreneurs.

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Visualizing Success For Your Business: 3 Tips Before You Seek Financing

YoungUpstarts

TD Bank’s 2015 Small Business Survey found that while most small business owners handle their businesses’ bookkeeping, two in five are unsure about their financing strategy and how to seek additional credit. Develop a business plan. Incorporating visuals can further enhance a business plan.

Finance 100