Remove Employee Remove Equity Remove Salary Remove Small Business
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Equity-Only CTO and Equity-Only Developers

SoCal CTO

Understand where they were in terms of being able to pay or was this equity-only (sweat equity only). And he was still in the process of raising additional capital, so it was equity only. There are cases where I will do equity-only deals. And let’s be honest, most employees, advisors, etc.

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How To Keep Your Company Alive – Observe, Orient, Decide and Act

Steve Blank

Check if the the Paycheck Protection Program , ( here and here ) which provides 100% federally guaranteed loans to small businesses, can apply to your company. Nothing is more important than assuring the company can continue to pay its employees. Before layoffs, cut all salaries by 20%. Cut CXO salaries by at least 30%.

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What Do I Do If My Business Runs Out Of Cash?

YoungUpstarts

Sudden payment of unaccrued tax, bonus, or commission liabilities (this is a common bookkeeping and forecasting error for small businesses.). For example, a rapidly growing business is often purchasing lots of inventory, investing in fixed assets, and not managing their accounts receivable. Stop founder salaries.

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8 Essentials To Qualify Your Startup For A Bank Loan

Startup Professionals Musings

That’s why angel and equity investors are so sought after by entrepreneurs. Here are some tips and rules of thumb to improve your odds and help you understand when a bank loan or line of credit is possible, and how to get it: Write a good business plan first. Eliminate your salary from the use of funds. Marty Zwilling<

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Savvy Tips to Recruit Your Startup Dream Team

Up and Running

The American job market has become even more competitive amid the pandemic-fueled “Great Resignation” — the number of employees quitting their jobs peaked in April 2021 and has remained high over the past few months. . 4 qualities to look for in a good startup employee. Enterprising employees will make do anyway.

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8 Strategies To Improve Your Odds Of Getting A Loan

Startup Professionals Musings

That’s why angel and equity investors are so sought after by entrepreneurs. Here are some tips and rules of thumb to improve your odds and help you understand when a bank loan or line of credit is possible, and how to get it: Write a good business plan first. Eliminate your salary from the use of funds. Marty Zwilling.

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Covid-19 is a marathon, not a sprint, for startups in US, UK and Israel

VC Cafe

Unfortunately, this pool of capital quickly dried up, leaving many small businesses empty handed and creating public backlash on how the money was distributed , stating that banks gave concierge treatment to their richest clients (which isn’t surprising). The new normal – Source Viola Ventures. Meanwhile in Europe.

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