Activator230822
Verified member
Nowadays I see more established companies and world class businesses closing down and others collapsing. I try to figure out why could be the reason being this.
Probably we are in the trying times now whereby the rate of inflation world wide is very high. This has caused the rise in the prices of petroleum products which as a result has caused the rise of almost all products prices to go up which in turn cause running of the business to be very difficult and almost impossible.
So this has compelled most entrepreneurs and businessmen to close down their business es with others quitting for a while awaiting the end of the Russian-Ukraine war and the world wide inflation at large.
Probably we are in the trying times now whereby the rate of inflation world wide is very high. This has caused the rise in the prices of petroleum products which as a result has caused the rise of almost all products prices to go up which in turn cause running of the business to be very difficult and almost impossible.
So this has compelled most entrepreneurs and businessmen to close down their business es with others quitting for a while awaiting the end of the Russian-Ukraine war and the world wide inflation at large.