Have you ever experienced any case of bankruptcy on your businesses?

Ratine · May 23, 2024

For me l once experienced that and l really had to close the business because l hadn't any alternative.

nomad · May 24, 2024

One of my businesses went bankrupt and I had to sell my assets to pay back my business loan

eldavis · May 24, 2024

So far I have not, I think what is helping me is the fact that I also have other sources of income helping me as well.

Shavkat · May 24, 2024

It is a good thing that our family business did not fall into this kind of situation. It is a bad thing if it happens.

Bisolami · May 24, 2024

Ratine said:
For me l once experienced that and l really had to close the business because l hadn't any alternative.

I have never experienced any case of bankruptcy in my business and I don’t wish to experience it. I am being very careful to make sure that my business does not run down

cherry123 · May 25, 2024

No I have never gone through that though I know that a lot of business owners go through this

Starmix · May 26, 2024

My business is new and I am taking care of it. I never send a single centavo buying something from the sales. The profit goes to the bank for saving while thinking of expanding my business.

Bisolami · May 26, 2024

cherry123 said:
No I have never gone through that though I know that a lot of business owners go through this

So many business owners go through this but we just have to manage and adjust that’s also why stick count is good especially at the end of every month

Stardom22 · May 28, 2024

In my country the bankruptcy situation is a very normal thing as far as the business operations are concerned.

Fidelia · May 28, 2024

I have not had a complete bankruptcy in my business. It was a near bankruptcy which reduced my operational capacity to the very lowest level.

Bisolami · May 29, 2024

That’s really sad but I’m glad that you were able to put the business alive again. Some people would have even stopped the business because it is about to run down

Fidelia said:
I have not had a complete bankruptcy in my business. It was a near bankruptcy which reduced my operational capacity to the very lowest level.

Sanjeev · Jun 13, 2024

No, I have never owned a business so don't have ever experienced a loss.

Ratine · Jun 13, 2024

I have experienced that in my previous business and that was the reason why I quit too.

Sanjeev · Jul 8, 2024

Ratine said:
I have experienced that in my previous business and that was the reason why I quit too.

What was your business? Did you find out the reason , it fail? Have you tried another business?

Ratine · Jul 8, 2024

Of course yes l have experienced in one or two instances of the bankruptcy in my life.

Sanjeev · Jul 8, 2024

Ratine said:
Of course yes l have experienced in one or two instances of the bankruptcy in my life.

How did you cope up with the loses? Are you still having any business ? If yes, how did you decide to start a new business?

Have you ever experienced any case of bankruptcy on your businesses?

Ratine

Notable

nomad

Very Familiar

eldavis

Very Familiar

Shavkat

Very Familiar

Bisolami

Very Familiar

cherry123

Popular

Starmix

Popular

Bisolami

Very Familiar

Stardom22

Very Familiar

Fidelia

Notable

Bisolami

Very Familiar

Sanjeev

Well Known

Ratine

Notable

Sanjeev

Well Known

Ratine

Notable

Sanjeev

Well Known

Connect With Us