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Business mistakes that could lead to bankruptcy.
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[QUOTE="CALVINDOL, post: 271518, member: 43757"] Business bankruptcy is always caused by mistakes and errors performed by of majority of businesses during the process of achieving business goals and objectives. Although many business owners and business managers are trying their best to make their business practices and responsibilities error-free and mistake-free but only a few minority have been able to avoid all this. Many businesses do not have a good accountable booking system in which they record all monetary transactions and any monetary events that occurred in the business organisation and so as a result of these they are unable to entirely and adequately determine the financial standing of your business that is whether their business is actually making profit or is actually running on a loss . Unfortunately the business may be running on a loss but due to the fact that they do not have a constant and regular booking system they may think that the business is on profit. Mistakes like this totally need to bankruptcy and there is no two ways about it. [/QUOTE]
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Business mistakes that could lead to bankruptcy.
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