Remove Bankruptcy Remove Finance Remove Naming Remove Partner
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Why You Should Background Check Your Business Partner

YoungUpstarts

If you don’t perform a background check on your potential partner before doing business with him, you’re setting yourself up to get duped. 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. Leveraging Your Risks.

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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 soon can you start your own business after filing for bankruptcy?

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Effective Strategies to Get You Out of Business Debt

The Startup Magazine

When your business finances are in a bad state and you want to get out of debt, you can consider different debt management solutions that include trust deeds, debt management plans (DMP) and sequestration or bankruptcy. Sequestration or Bankruptcy. All these solutions include your name so that you can cover the entire debt.

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Does A Business Bankruptcy Hurt My Personal Credit?

YoungUpstarts

Naturally, this comes with a long line of responsibilities, including the dreaded finances of salaries and taxes. But your business life and personal life aren’t one, so you have to stay on top of your personal finances, too, no matter how intertwined the two seem. Will your business’s bankruptcy harm your own credit score?

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Startups and VCs Should Avoid “Pier” Funding

Both Sides of the Table

Often when startups who have raised venture capital need another round of financing they will turn to their existing investors to give them money before raising from outsiders. a loan) that is later converted to equity at the time of the next financing. “Honestly, [name], I wouldn’t take the money.

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Feeling the Impact of Crisis in the Nonprofit Sector

Board Effect

According to the Nonprofit Finance Fund’s State of the Sector report , three quarters of the nonprofit organizations that responded affirmed that they had less than six months of cash reserves. After declaring bankruptcy, the Jewish Board of Family and Children’s Services stepped up to help the agency reorganize.

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Target Future Customers Using Financial Metrics

The Startup Magazine

Any kind of business transaction comes with risk, whether you are searching for investment, looking for partners, or qualifying leads. Failing to look at customer and partner financial data can end up costing you big time. This could include things like bankruptcies, judgments and liens, and should be looked into very carefully.

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