5 common reasons stable businesses become insolvent
Back to Topic
Click to Print
Useful Websites
Glossary Term Selection
This article is 5 years old.
Click here to view the latest articles for this topic.
Whether your business is growing month after month or continuing to generate a stable amount of profit, poor habits and cash management can often cause it to go from stable and successful to insolvent in very little time.
Businesses become insolvent for a wide range of reasons. Some businesses face a cash flow crisis caused by customer non-payment, while others simply fail due to changes in market conditions or increased competition from other businesses.
Even if your business is doing well, ...
Want to see the rest of this article?
Would you like to see the rest of this article and all the other benefits that Issues Online can provide with?
- Useful related articles
- Video and multimedia references
- Statistical information and reference material
- Glossary of terms
- Key Facts and figures
- Related assignments
- Resource material and websites
