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Business strategy
Business bankruptcy and liquidation__Basic causes.
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[QUOTE="TOZZIBLINKZ, post: 304774, member: 37528"] Business bankruptcy and liquidation usually come about as a result of bad and inexperience rivalry of the business manager or the business owner. It is ideally very necessary that a business organisation operates and manage without any spots of bankruptcy or liquidation or anything that will lead to bankruptcy or liquidation. That is why it is necessary that a business manager or business owner have the enterpreneurship skill of observation in order to be able to observe all activities going on within and outside the business organisation in order to trace which ones will be a problem in order to provide suiting and efficient answers and solutions to these problems. Another course of business bankruptcy or liquidation is when the business overlook the area of bookkeeping. Each monetary transactions that take place in the business organisation need to be documented by the by the business accountants of the business bookkeeper for future analysation when it is okay to analyse the business financial position as well as financial performance. [/QUOTE]
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