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Funding a business
Is A Lack Of Funds The Only Reason A Company Goes Bankrupt?
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[QUOTE="Sotherefore, post: 212778, member: 27033"] I don't think that is the reason , a lot of business organisation are being bankrupted , there are other reason it may be because the business organisation does not have the the technical know-how on how to manage the business successfully , In every business organisation when the business owner is not employing the right people into the business organisation the business is not likely to run smoothly because technical know-how is one of the most important thing in any business organisation. Another thing is that a company may have the required money that is needed to run itself successful but because of lack of proper management in the business organisation the little and all the resources of the business maybe mismanage which may lead to bankruptcy in a business organisation. Another thing that could be a reason why a business who was operating perfectly before is no more operating is because of dubious people an employer has employed into the business organisation . This is one of the most important thing we need to consider when we are starting up a business and if we employ dubious people into our business organisation the risk of business failure will be high since these people will not look for an opportunity to grow our business but only to cheat. [/QUOTE]
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Funding a business
Is A Lack Of Funds The Only Reason A Company Goes Bankrupt?
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