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 business meeting — Massachusetts Black Women Attorneys

Evaluate Your Assets and Customer List

A business that has been in operation for a while may have transferable assets that a similar company would like to buy. It is advisable to take a complete inventory of everything your company owns.

According to financial expert, Jon Paul Kelly, selling off unused equipment can help bring in some extra cash. He also recommends examining your customer list to check if there are any customers who you could transfer to a similar company.

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

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