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  • Startups

    Kareem Azeez bola
    4 replies
    What are the major problems faced by startups!?

    Replies

    Jim Verducci
    🌶️ Lack of easy money due to higher interest rates 😏
    Zane Ryan
    Try every possible way to avoid bankruptcy🤔
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    Karen Anderson
    Focus on your core product, optimize cash flow, and reduce burn rate. Consider offering discounts to boost sales short-term. Renegotiate contracts and payment terms with suppliers. Be transparent with employees and investors to maintain morale and support. Explore alternative funding like debt financing, government grants, or strategic partnerships before it's too late. Bankruptcy should be an absolute last resort!