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[QUOTE="Augusta, post: 304260, member: 25283"] Businesses a lot of times go through bankruptcy because of both internal and external factors which is why it is good for business to always take precautions. There are alot of reasons why this happens Some of the reasons as you have mentioned include Lack of experience, insufficient capital, Poor location, over investment in fixed assets, Poor inventory and even It is good to also consider one's Personal use of business funds, the Unexpected growth, Competition and Low sales. It is good to check out all these problems and try to avoid them happening to your business to keep it strong. [/QUOTE]
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