Six ways to avoid bankruptcy as a young entrepreneur

Mildred Europa Taylor August 13, 2018

Six ways to avoid bankruptcy as a young entrepreneur

A worried man — Depositphotos

Accept that there is a problem

You should be able to know when things are not going as expected in your business and begin taking action before it gets out of hand. Experts say that regular negative cash flow is one of the factors you should look out for. At this stage, ask yourself if you can afford or keen on putting in any more personal money into the business.

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

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