6 Things an Entrepreneur Must Do To Avoid Bankruptcy

6 Things an Entrepreneur Must Do To Avoid Bankruptcy Avatar Posted by bigmoneyweb under Strategy
From http://www.tobuyhome.com 578 days ago
Made Hot by: DigiTechBlog on April 2, 2013 6:41 pm
Since the inception of the global meltdown, the news about businesses folding up isn’t surprising any longer. Big organizations have liquidated leaving many entrepreneurs wondering what would happen next.

Lack of finance has caused many to downsize and even cut salaries. Now the question is; “are there measures to be taken to avoid this looming bankruptcy situation?”

Many bankruptcies can be avoided by practicing good money management. Business becomes disastrous when you do not keep a close eye on your finances.



Comments


Written by tiroberts
577 days ago

It's never fun having to file bankruptcy. Thanks for sharing these tips to avoid it.

Ti



Log in to comment or register here.

Learn How to Build a Firm Benefits Foundation

While health care reform hasn’t gone into full swing mode yet, your business can lay a firm foundation for 2015 by following …
Subscribe

Personal Finance Inspires this Contributor of the Week

While improving personal finances is certainly the motive behind why many entrepreneurs and small business owners start … More
Editor's Picks

It's time to up your game with video on BizSugar!
Post your small business video to BizSugar today!
Did you know you can now post video on BizSugar?
Have you tried BizSugar's new video posting feature?