As far as my observation is concerned, those businesses that go bankrupt suffer losses. Another factor is lacking capital. If a business owner lacks capital, and massive unnecessary expenses there is a tendency for his business to sink. There are ...
Even though you live in the same household with many people, each of them can take credit from the same platform, the most important thing is that they are at least 21 years old and have an ID card, even you alone can take loans from several lending platforms. But unfortunately, if a loan requires cRead more
Even though you live in the same household with many people, each of them can take credit from the same platform, the most important thing is that they are at least 21 years old and have an ID card, even you alone can take loans from several lending platforms. But unfortunately, if a loan requires collateral, you cannot provide the same collateral. Currently, there are many lending app platforms where you can easily take out a loan just with an ID card and cellphone number.
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One of the reasons that businesses go bankrupt is poor management of funds. When a business does not have a great accountant, there is a high chance that they will spend without a plan and end up bankrupt. Another reason is the effect of the economy of the country. Factors such as political instabilRead more
One of the reasons that businesses go bankrupt is poor management of funds. When a business does not have a great accountant, there is a high chance that they will spend without a plan and end up bankrupt.
Another reason is the effect of the economy of the country. Factors such as political instability, natural and man made disasters and other events could lead to inflation and poor economy that greatly affects businesses.
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