Remove Bankruptcy Remove Cost Remove Demand Remove Sales
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7 Ways to Improve the Financial Management of Your Business

The Startup Magazine

Adopting best practices and implementing effective tools and strategies can streamline your financial processes, reduce costs, and improve your bottom line. 1. While most businesses are aware of high-level expenses, they are typically unaware of what’s costing them money daily.

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How To Cut Costs In Your Business, Without Hurting It

Mike Michalowicz

You fix your bottom line by increasing revenue or cutting costs or both. We cling to our expenses, believing we will need all those costs the moment we land that big client. Costs pile up predictably. Sales don’t. Rent, for example, is a static and recurring cost. In other words, bankruptcy.

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From Fat to Fit: Startups Must Navigate Back to Fundamentals to Achieve Long-term Success 

The Startup Magazine

Despite securing massive funding, WeWork spiraled into bankruptcy after a debt-driven expansion, exacerbated by a pandemic-induced decline in office space demand. Despite securing massive funding, WeWork spiraled into bankruptcy after a debt-driven expansion, exacerbated by a pandemic-induced decline in office space demand.

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8 Key Disciplines Are Essential To Scale Any Business

Startup Professionals Musings

For example, one of the first home grocery delivery companies, Webvan, was so enamored with early traction in Silicon Valley, it raised and spent nearly a billion dollars and went public, before filing for bankruptcy three years later. Control costs and adjust prices to maintain your margin.

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Flexible VC, a New Model for Companies Targeting Profitability

David Teten

From RBI, Flexible VCs borrow the ability to reap meaningful returns without demanding founders build for an exit. That said, nothing is cost-free. More complex cost of capital calculation. Inversely, if the company has slower than predicted growth, the effective cost of capital is automatically lowered.

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The No Excuses Culture

Steve Blank

When I took the job of VP of Marketing in a company emerging from bankruptcy, excuses seemed to be our main product. In addition to customer discovery, creating end user demand, and product strategy, Marketing also serves as a service organization to sales. It will cost you your job.” So we created The No Excuses Culture.

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24 Entrepreneurs Reveal The Pivot They’re Making in Their Business in 2021

Hearpreneur

Keeping it accessible, there will be no cost options, individual low fee entry points and of course, the VIP All Access Badge. This is a more cost-efficient option for me given that I am able to do my business campaigns in various social media platforms for free. 21- Testing new outbound sales methods.