Startup Professionals Musings

DECEMBER 6, 2021

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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Startup Professionals Musings

AUGUST 10, 2013

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. Marty Zwilling.

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The Startup Magazine

JULY 7, 2020

One of the best ways to get out of it is by declaring bankruptcy and starting afresh. Contrary to popular notion, personal bankruptcy is a good thing. Begin and Complete the Bankruptcy Process. Several factors may qualify you for bankruptcy protection. Cut down on your debts as much as possible.

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The Startup Magazine

APRIL 8, 2021

If a business or person is unable to pay off their debts, then they may be forced to liquidate or declare bankruptcy. The purpose of liquidation and bankruptcy are actually quite similar, although the way that both are applied are not the same. What is bankruptcy? What are the types of bankruptcy? Source: Pexels.

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Both Sides of the Table

JULY 6, 2016

I even prefer to fund entrepreneurs who have experience some level of set-backs in their careers or startups because I think it brings a humility to decision-making that I find healthy. I talk about failure a lot because I think it can be tremendously instructive and I think that success without failure often masks underlying lessons.

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The Startup Magazine

APRIL 29, 2019

Bankruptcy is an often misunderstood practice you don’t run up debts and then just magically go bankrupt it is much more complex. Let’s look at some of the answers to common bankruptcy law questions in more detail. Does a bankruptcy clear all debts? If your debts are lower you might see your petition for bankruptcy get rejected.

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Startup Professionals Musings

MARCH 6, 2019

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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The Startup Magazine

JUNE 28, 2019

Unfortunately startups too often end up in bankruptcy. In these cases, it is very important that one hires a bankruptcy lawyer so that they do not lose their property in case they owe so much that they are unable to pay. There are different strategies that a bankruptcy attorney should be well versed with.

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Startup Professionals Musings

JULY 7, 2012

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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The Startup Magazine

JULY 1, 2019

You probably know that the majority of startups fail within the first five years. 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. In reality, 90% of them fail. Image Credit: Ross Williamson | Flickr.

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The Startup Magazine

JANUARY 28, 2019

Filing for bankruptcy can help you or your business resolve a financial crisis and start building from scratch. It is important that you know before proceeding with declaring bankruptcy your financial position, the process and the limits provided in the Debt limits for Chapter 7 and Chapter 13 Bankruptcy.

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Startup Professionals Musings

JANUARY 17, 2015

For the elite startups and entrepreneurs who manage to attract the investor they dream of, and survive the term sheet negotiation, there is still one more hurdle before the money is in the bank. Make sure everyone accurately posts their role with your startup on social media profiles, resumes, and references.

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The Startup Magazine

MARCH 21, 2020

As someone with years of experience and education in the industry, he can tell you that bankruptcy should not rule out the short sale option. The short answer is: yes, you can proceed with the sale despite having filed for bankruptcy. Don’t Let Bankruptcy Get in The Way. The provision was recently extended.

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The Startup Magazine

MARCH 8, 2024

Poorly managed debt can lead to financial strain, decreased creditworthiness, and even bankruptcy. The post How to Wisely Utilize Debt for Business Expansion appeared first on The Startup Magazine. While debt can provide necessary funds for expansion, it also comes with risks.

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Both Sides of the Table

APRIL 19, 2011

I recently sat down with Matt Coffin , the founder of LowerMyBills, which sold for $400 million but was very nearly a bankruptcy only a few years early, and talked “startups.&#. Matt is one of the most transparent, focused & honest startup guys you’ll meet. Here’s a summary of our interview.

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The Startup Magazine

JULY 26, 2021

Due to lockdowns, layoffs and other measures forced by the virus, some manufacturers had to pronounce bankruptcy and completely stop their business actions. Lean Startup Feedback Loop from lean.st. The post Effective Cost-Saving Rules for Manufacturers appeared first on The Startup Magazine.

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NZ Entrepreneur

FEBRUARY 4, 2020

Failure is a part of business, but when your own startup stalls, it’s hard not to take it personally. There are plenty of sobering statistics available to budding entrepreneurs that show the likelihood of a startup failing, but they are not much use to a new business owner once the probability of failure becomes reality.

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Startup Professionals Musings

FEBRUARY 1, 2011

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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The Startup Magazine

AUGUST 25, 2019

I spoke with experienced Philadelphia bankruptcy attorney David Offen, Esq. who let me know about some general pros and cons of filing bankruptcy for a business. First, what is Chapter 7 business bankruptcy? First, what is Chapter 11 Business Bankruptcy? First, what is Chapter 13 Business Bankruptcy?

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Startup Professionals Musings

APRIL 12, 2020

As an entrepreneur mentor and startup investor, I see with sadness the 50 to 90 percent that fail. With the success of Facebook and Twitter, I still see new social media startups almost every day, with most destined to fail. The fallacy of formulas that “can’t fail,” and holding on to troubled ventures, is alive and well in startups.

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The Startup Magazine

OCTOBER 18, 2018

Leinart Law Firm focuses on bankruptcy and debt solution making them experts in giving legal protection granted under Chapter 7 bankruptcy laws. Thousand of bankruptcies were helped and gave clients a fresh new start. The post How Your Law Firm Should Market To Millennials appeared first on The Startup Magazine.

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Both Sides of the Table

APRIL 26, 2016

There has been a lot of public debate over the past several weeks about whether it’s a good thing to be “gross margin positive” or not and commentary always reminds me that some people at startups don’t quite understand financial metrics or even how to think about which ones are healthy. And of course ultimately on profitability.

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The Startup Magazine

APRIL 5, 2021

At some point in your life as an entrepreneur, you may have to dissolve a startup. In this piece, we will discuss how you can gracefully use a startup dissolution process, preserving your sanity and leaving you with the confidence to get back on your horse and build your next startup. Declare Bankruptcy.

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The Startup Magazine

FEBRUARY 28, 2018

When you become broke as a church mouse, filing for bankruptcy is the only escape route that is left. Making such a decision is not easy and that’s why you need to seek legal advice from a bankruptcy attorney. Bankruptcy Storm, Source: Pixabay. Such people can be of great help when you are looking for a bankruptcy attorney.

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Startup Professionals Musings

FEBRUARY 4, 2012

Founders with bad credit, active lawsuits, or recent bankruptcies dramatically increase the risk. Investors will validate pre-existing investments and stock ownership to create an accurate market capitalization sheet for your company. As you go through the due diligence process, there are some practical tips to keep in mind.

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Startup Professionals Musings

JANUARY 7, 2023

As an entrepreneur mentor and startup investor, I see with sadness the 50 to 90 percent that fail. With the success of Facebook and Twitter, I still see new social media startups almost every day, with most destined to fail. The fallacy of formulas that “can’t fail,” and holding on to troubled ventures, is alive and well in startups.

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The Startup Magazine

MARCH 31, 2023

As a result, being unaware of regular expenses can lead to overspending, cash flow problems, and even bankruptcy. The post 7 Ways to Improve the Financial Management of Your Business appeared first on The Startup Magazine. Therefore, you must be aware of expenses such as utility bills, payrolls, rent, and office supplies.

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YoungUpstarts

SEPTEMBER 10, 2013

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. Professionalisms client management revenue sales Scott Tarlow startup Success Systems'

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The Startup Magazine

MAY 2, 2019

These are petty issues that you can deal with when looking to manage your debts and avoid bankruptcy. appeared first on The Startup Magazine. In essence, unless your debt issues are not urgent and you have the luxury of time, then Curadebt is practical. The post Curadebt Review – Should You Use Them?

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Gust

DECEMBER 22, 2011

So you’ve chosen a name for your startup, product, or both. Tech startups are at the other extreme. The gulf has widened with the proliferation of social Internet / user-generated content and mobile application startups. Most of our early-stage startup clients fit this description. Instagram is a textbook example.)

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The Startup Magazine

JULY 3, 2017

Although filing for bankruptcy may seem like a daunting and complicated endeavor, it can provide relief for many as a way to get out of debt. For instance, your credit score will be significantly lowered and the bankruptcy information could stay on the record. When is the right time to file for bankruptcy? Chapter 12.

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Startup Professionals Musings

MARCH 11, 2017

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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The Startup Magazine

SEPTEMBER 26, 2022

While some industries are more dangerous than others, there are still a lot of things startups can do to reduce the risk of a workplace accident or death that occurs on-site. This could result in fines, bankruptcy, or jail time. In the United States, approximately 2.7 Image Source: Unsplash.

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Austin Startup

MAY 8, 2018

Background reading: Founder Compensation: Cash, Equity, Liquidity Fatal Errors in Early Startup Hiring Early Hires: Options or Stock Given how deeply involved we are with early-stage startups hiring their first key employees, I figured it would be helpful to outline a few key principles to help entrepreneurs navigate the topic.

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Startup Professionals Musings

FEBRUARY 6, 2010

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. Marty Zwilling.

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The Startup Magazine

APRIL 21, 2020

No one likes to imagine failure, but if you’re in the startup game, startup failure a possibility you have to contend with. In fact, nine out of ten startups will fail , and there are plenty of reasons they do. Loss of income is one of the leading causes of bankruptcy long-term. appeared first on The Startup Magazine.

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Hunter Walker

JANUARY 2, 2017

And the narrative for 2017 is OLD ECONOMY COMPANIES WANT TO BUY YOUR STARTUP. When Satya and I started Homebrew in 2013 one of our bets for the coming decades was that non-traditional acquirers would become more aggressive in their pursuit of technology startups. So, is it true? ” Next Level – Buying Product.

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