Startups

🌶️ Lack of easy money due to higher interest rates 😏

Try every possible way to avoid bankruptcy🤔

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!