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Podcast: Investor Connect Podcast
Episode: Startup Funding Espresso – Signs the Startup Needs a Turnaround
Description: Signs the Startup Needs a Turnaround Hello, this is Hall T. Martin with the Startup Funding Espresso -- your daily shot of startup funding and investing. Here are some signs your startup needs a turnaround: You’re close to breaching loan covenants. The financial performance is still below expectations. The startup's revenue and profitability is below the industry average. Cash flow continues to be a problem. The startup has been running for a few years but still can’t find breakeven. Here are some initial steps to take: Check your top line revenue to see if there’s enough to cover...