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Funding a business
Is A Lack Of Funds The Only Reason A Company Goes Bankrupt?
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[QUOTE="Yusra3, post: 340907, member: 31907"] No, there is no a single reason for firm insolvency except that of lack of money. However, cash flow complications and limited capital are not the only factors that cause a corporate bankruptcy but there are more reasons to bring that up. Among other things, these elements are strained finances, leadership dysfunction, being unable to adapt to market changes, losing competitive advantage, and sensitive economies. Also included are litigations involving significant amounts of money, and in case of being debilitated, by fraud or improper actions by the management. Finally, disruptive events can occur and affect the operations of this organization. Prudent financial planning, rational strategies, and a reasonable fund for crisiscome to rescue an enterprise from being insolvent in either case.. [/QUOTE]
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Funding a business
Is A Lack Of Funds The Only Reason A Company Goes Bankrupt?
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