Up and Running

NOVEMBER 26, 2019

On September 29, 2019, Forever 21 announced its decision to file for bankruptcy, and people were quick to react. My attention was immediately drawn towards discrepancies with Forever 21’s original business model. In the end, Forever 21’s downfall comes with three entrepreneurial lessons.

Business Plan 93

Business Plan Bankruptcy Business Model Lean 93

Startup Professionals Musings

MAY 1, 2019

Unfortunately, your next stage of scaling the business is fraught with potential oversights that can lead to the downfall of even the best-laid business plans. Convert to working “on the business” vs “in the business.” You can’t afford to close every sale, or handle every customer complaint.

Silicon Valley 215

Silicon Valley Bankruptcy Metrics Valuation 215

Up and Running

NOVEMBER 12, 2014

An exit strategy is a method by which entrepreneurs and investors, especially those that have invested large sums of money in startup companies, transfer ownership of their business to a third party, or by which they recoup money invested in the business. See Also What Startups Need to Know About Exit Strategies.

Exit Strategy 117

Exit Strategy Lock-up Period Merger IPO 117

Up and Running

JUNE 25, 2014

You may be a manufacturer or a distributor and you can buy the products that you sell for pennies on the dollar because one of your suppliers is having a fire sale. Then on the planned side, I know many of you work with Palo Alto and BPlans on new business plans, obviously a startup. Working capital related.

Small Business 89

Small Business SBA Finance Bankruptcy 89

Berkonomics

DECEMBER 30, 2021

Several times in my investing life, as the final board member making the arrangements to dispose of remaining assets, I have literally been the one to turn out the lights, carry out the documents, books and records to my car, and become the only remaining contact between the failed business and the investors, bankruptcy court, or creditors.

Bankruptcy 62

Bankruptcy Early Stage Matching Software 62

The Next Web

AUGUST 26, 2012

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.

Bankruptcy 121

Bankruptcy Technical Review Intellectual Property Due Diligence 121

Up and Running

JULY 14, 2014

During the recession, the demand for corporate sale-leaseback real-estate escalated rapidly. You will generally only do this if you’re a step away from bankruptcy. While it is a better option that bankruptcy it can also limit future financing. Declaring bankruptcy – before going down this path, consult with a lawyer.

Bankruptcy 85

Bankruptcy Finance SBA Employee 85

Growthink Blog

OCTOBER 12, 2016

That technology may be in actual hardware and software sold to customers, or in how an otherwise "low tech" business utilizes it to improve the efficiencies of key work processes - marketing, sales, operations, organization design, customer service, etc. So let’s plan to innovate and then let’s innovate to be successful.

Bankruptcy 48

Bankruptcy Sales Campaign Hiring 48

Up and Running

AUGUST 20, 2014

Businesses can use the cash flow statement to record what has occurred to cash or to project into the future in order to determine future needs for cash. You will need to include a cash flow statement in your business plan document and you will need to keep an eye on cash flow so long as your doors remain open for trading.

Forecast 135

Forecast .Net Dividend Finance 135

Steve Blank

NOVEMBER 1, 2010

With an out-of-this-world business plan. But nine months after the first call was made in 1998, Iridium was in Chapter 11 bankruptcy. When it was spun out as a a separate company, Iridium’s 1990 business plan had assumptions about potential customers, their problems and the product needed to solve that problem.

Business Plan 335

Business Plan Customer Business Model Customer Development 335

Up and Running

AUGUST 12, 2015

Recently, Palo Alto Software CEO Sabrina Parsons hosted a webinar for our Bcast members on how to use LivePlan to create a better business plan, pitch your idea to investors, and track your business. As a successful small business owner, Sabrina wanted to show off how LivePlan’s many features can help boost your business.

Forecast 60

Forecast Video Business Plan United States 60

Transformify

JANUARY 24, 2021

Also, the supplier shall agree that they will inform immediately the client if the supplier gets deregistered for VAT, there is a change in the VAT number, in case of mergers and acquisitions, bankruptcy, liquidation, etc. Is the business planning to also automate the payouts to service providers and independent contractors/freelancers?

B2B 98

B2B Software Review Database Software 98

David Teten

DECEMBER 3, 2019

I previously posted a detailed presentation with sales technology tools useful for B2B sales. Many VC funds rely on general-purpose CRM and sales funnel solutions like Copper , Pipedrive, Salesforce , Streak , and ZenDesk. Pacer is useful to search prior litigation, bankruptcies, etc. She is a model for us all!

Technical Review 78

Technical Review Software Review Analytics Private Equity 78

David Teten

JANUARY 21, 2021

Jonathan Bragdon , CEO, describes Capacity as “a team of founders-turned-funders making non-dilutive, founder-aligned investments of $50-$300k in post-startup, post-revenue businesses planning to 2X revenues in 12-24 months. By comparison, traditional VC has a bankruptcy rate of 30-40%. According to Indie.VC

Equity 78

Equity Revenue Cofounder Colorado 78

Up and Running

NOVEMBER 4, 2015

Nolo : Nolo is a fantastic, trusted resource for their free and informative legal information; their website is chock full of accurate and helpful information on everything from bankruptcy to divorce to patents. You can track business deals and share all of the details with your team. Analytics tools. Outsourcing work.

Curation 60

Curation Finder Startup Social Media 60

Up and Running

JULY 17, 2015

Are you finally ready to turn your business idea into a reality? As you know, there’s a lot of preparation that goes into launching a business. Creating a business plan and securing funding are common items on the startup to-do list. Telemarking Sales Law. Online business laws. Sales Tax Collection.

Intellectual Property 60

Intellectual Property Bankruptcy United States Montana 60