Get All Access for $5/mo

With this slow economy I am quickly sinking. Should I look into filing bankruptcy, finding investors or simply selling my new dream bakery?

By Brad Sugars Edited by Dan Bova

Opinions expressed by Entrepreneur contributors are their own.

Brad Sugars is the founder and chairman of ActionCOACH. As an entrepreneur, author and business coach, he has owned and operated more than two dozen companies including his main company, ActionCOACH, which has more than 1,000 offices in 34 countries.

Want to be an Entrepreneur Leadership Network contributor? Apply now to join.

Data & Recovery

Professionals Can Securely Organize Their Files With This Cloud Storage Solution

Koofr Cloud Storage allows you to keep all of your important files in one secure place.

Business Ideas

63 Small Business Ideas to Start in 2024

We put together a list of the best, most profitable small business ideas for entrepreneurs to pursue in 2024.

Side Hustle

She Started a T-Shirt Side Hustle as a Recent Grad Working at 'People' Magazine. It Led to a DM From Levi's and $400 Million.

When Michelle Wahler, co-founder and former CEO of Beyond Yoga, moved to California, she went "full steam ahead" on a new venture.

Science & Technology

Old Data Systems Are Holding Businesses Captive — Here are 7 Reasons to Embrace Modern Data Architectures

Discover why modern data architectures are essential for leveraging AI and big data. From scalability and real-time analytics to improved security and cost efficiency, explore the key benefits driving today's data strategies.

Business News

ChatGPT's Sam Altman Says This Is the One Thing Keeps Him Up at Night

Altman sat down with Oprah Winfrey to talk about his hopes, dreams, and fears for AI.