BY Mildred Europa Taylor, 7:41am August 13, 2018,

Six ways to avoid bankruptcy as a young entrepreneur

Young businessmen and women having a meeting --- shopblackbiz.com

Africans are facing tough economic times and this is having a toll on many young businesses as they keep struggling and piling debts.

Although filing for bankruptcy is usually a bad idea for small businesses, many of them have had to take that route due to their growing debts in order to salvage the situation.

Thankfully, instead of considering filing for bankruptcy, there are ways young entrepreneurs can save their failing businesses and take it out of debt.  Here are some of them:

Last Edited by:Nduta Waweru Updated: August 13, 2018

Conversations

Must Read

Connect with us

Join our Mailing List to Receive Updates