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5 Options To Consider Before Giving Up On A Business

Startup Professionals Musings

If you are just plain tired of working so hard, or your startup is not getting the traction you expected, should you shut down cleanly, or just file for bankruptcy and walk away? For those who think that bankruptcy is the easy way out, think again. Bankruptcy should always be the absolutely last resort.

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5 Alternatives To Shutting Down A Struggling Startup

Startup Professionals Musings

If you are just plain tired of working so hard, or your startup is not getting the traction you expected, should you shut down cleanly, or just file for bankruptcy and walk away? For those who think that bankruptcy is the easy way out, think again. Bankruptcy should always be the absolutely last resort.

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3 Key Factors Lenders Look For When Assessing Business Loans

The Startup Magazine

Similarly, you’ll want to diminish your cash outflows by any means necessary; vaguely speaking, this means ‘cutting the costs of doing business,’ but more specifically it may entail getting rid of unessential employees or changing suppliers in order to secure better long-term financing on your deals.

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Five Ways For A Startup To Secure And Keep A Big Client

YoungUpstarts

For any business, revenue matters. For a startup, sustained revenue is of paramount importance: a paucity of sales in one month could lead to bankruptcy the next. To prevent disaster, it’s essential for startups to lock down a big client as soon as possible. By Scott Tarlow, founder, president and CEO of Success Systems.

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A Look At Some Popular, Trending Business Ideas

YoungUpstarts

It’s never business as usual. With the 2009 economic crash, entrepreneurs and startups flooded the market (for better or worse!). Even though over 90 percent of startups fail, there are more startups than ever before. It’s pretty tough to get the capital you need for a startup or small business with subpar credit.

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23 Entrepreneurs Explain Why They Started Their Business

Hearpreneur

We asked some entrepreneurs and business owners, why they started their businesses: #1- From personal experience. I owned a mortgage company when the mortgage industry crashed and lost almost everything pushing me to the brink of personal bankruptcy. 7- Help small business in website ranking on Google.

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Suggestions For Efficient Small Business Operations

The Startup Magazine

When building a startup’s operations, some things may seem inconsequential, but they can be the difference between your business making it past the five year mark, or sinking beneath the bankruptcy seas. For example, one part of your infrastructure is the employee working environment you create. The Abstract Angle.