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When is it considered okay to shutdown a business.
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[QUOTE="CALVINDOL, post: 293340, member: 43757"] The idea of shutting down a business is not something that a business owner should really do especially when the business faces a little scale of problems. But sometimes the idea of shutting out a business could be the last and final idea when the business faces a whole lot of unnecessary and downgrading situations as well as problems. Example of a business owe money to few investors and clients, it may not necessarily shut down but rather work very hard in order to pay off the debt. But in a case where the business owes huge amount of money to more than 200 investors, such business may not be able to pay off this investors and suppliers, and so in such cases the last and final idea is to shut down the business and file for bankruptcy. Competition can also be another necessarily reason a business may decide to shut down, competitive pressure in a particular business environment can make other businesses to relocate or possibly shut down for a moment of time. [/QUOTE]
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When is it considered okay to shutdown a business.
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