Feed Post

Reduce the expense like cutting down the office space expense, by giving work from homes and now with the saved amount you can pump ads and advertise about your company grab more clients. Cutting down the salary is never a solution ig, it's company's issue rather cut down payment for your shareholders , it's better to convence them rather then cutting down salaries leading to much more poor performance. Ig this work for small companies for for already established or big companies. Correct me.

Simple. Fire majority of the employees 😌

Try to reduce some expenses, reduction of salary, Try to close high interest loans etc.....

Firstly figure out the reason behind the financial crises and than solve that problem. Now the problem solved it will be any kind of problem. And figure the invester who interested in your startup and take only limited or as you need. And aware about the political of business take investment about 2or3 invester and divide you need investment in 4 part. That was basic rules to recover you startup from financially crises

No salary for the founder, possibly cut in the work force, monitoring the spendings, woking at the peak to get more funding.

Firstly understand how we end up in the situation. Once figure out what goes wrong in operation and what financial wrong discussion where made. Then cutting down on them slowly why keeping the core value and functionality alive. Consider different financial options. Such as debt, investors help(if any), personal capital etc

Be prepared for this because ye din aayega hi aayega har startup face krta h isko..and prepare a low operational cost model and implement it on that time.

Slow down some opretions and cut 20% salary Also don't take your salary and then focus on profitability

[This post has been deleted by the creator]

Implement a hiring freeze and reduce non-essential spending. Focus on core activities that drive revenue and keep the lights on. Every bit of cost-saving helps during a financial crunch.

Hire a consultancy group hahaha

Be vigilant about the leakages, particularly so if you have any kind of a sales model, get a team to understand whats wrong and why is it not working.

If you have investors, keep them in the loop. They might be willing to provide additional funding or advice to help navigate the crisis. Transparency is key in maintaining their trust, be very vigilant about your functions and where it is going wrong and why? is it something solvable by capital? by people? or by new Tech? Be vocal about it.

Look into grants or financial assistance programs that are available for startups. Governments and private organizations often have funds set aside to help small businesses in need…and hypothetically I AM in need lol

File for bankruptcy, take in money, start a new venture

First off, I'd assess where the money is going. Understanding your cash flow is crucial. Are there any unnecessary expenses that can be cut? It's all about prioritizing what’s essential for survival.

Cut down on operational costs without damaging a lot on the operations. Seek investment from people you know and also angels.