Why do business go bankrupt?

Entrepreneurial Finance
6th Edition
ISBN:9781337635653
Author:Leach
Publisher:Leach
Chapter1: Introduction To Finance For Entrepreneurs
Section: Chapter Questions
Problem 3DQ
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Why do business go bankrupt? what do you think are the main reasons for the failure of many business, specially micro and small scale enterprises? What can be done to keep small businesses viable and to increase their chances of growing bigger and stronger?

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