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

[Ratine]

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

 

[nomad]

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

 

[eldavis]

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]

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]

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]

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

 

[Starmix]

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]

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]

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

 

[Fidelia]

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]

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

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]

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

 

[Ratine]

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

 

[Sanjeev]

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]

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

 

[Sanjeev]

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?