Menu
Home
Advertise
Forums
Search forums
What's new
Unread posts
New articles
New article comments
Latest activity
Earn Money
Money apps
Passive Income
Paid Survey
Forex
Stock
Real estate
Paid to write
Social Media Earning
Review Website/Apps
Crytocurrency
Bitcoin (BTC)
Ethereum (ETH)
Crypto Exchange
Mining
Crypto Faucet / Airdrops
Binance
Business
Business strategy
Funding a business
Marketing
Digital Marketing
Social media marketing
Email marketing
Brand management
Personal Finance
Money Saving
Retirement
Personal loan
Savings for Students
Debt help
Tax relief
Insurance
Car Insurance
Life Insurance
Liability Insurance
Home Insurance
Health Insurance
Disability Insurance
FAQ
Log in
Register
What's new
Search
Search
Search titles only
By:
Search forums
Menu
Log in
Register
Install the app
Install
Home
Forums
Money Making Forums
Business Ideas Forum
Funding a business
Is A Lack Of Funds The Only Reason A Company Goes Bankrupt?
JavaScript is disabled. For a better experience, please enable JavaScript in your browser before proceeding.
You are using an out of date browser. It may not display this or other websites correctly.
You should upgrade or use an
alternative browser
.
Reply to thread
Message
[QUOTE="funmi, post: 211317, member: 38880"] I really don't think that lack of fund is the sole reason why companies go bankrupt. I am not disputing your point but there is one more point that can still be included in the points. Having good management skill or knowledge is very important in business. If someone lack good knowledge in management can make a business to fail. I have an experience of a woman who is very close to me. Her husband was a very rich man,(he is late now) she manages a catering business. When the husband was alive, he usually pulps money into her business to the extend that he usually pay for her rent for the shop where she was using then. What I noticed about her was that she she has a lot of people who are learning from her and they pay for their training but still she complains about not having money every time. Despite the money the husband used to support her, she still lacks a lot and complains and the also get loans too. After some time she business fold up even when the husband was alive then. So, I came to the conclusion that she didn't manage the business very well that was why it failed. So management is very important in order to avoid bankruptcy in business. [/QUOTE]
Insert quotes…
Verification
Post reply
Home
Forums
Money Making Forums
Business Ideas Forum
Funding a business
Is A Lack Of Funds The Only Reason A Company Goes Bankrupt?
Top