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I also don't know if a bankrupt company can come back. What I know is that bankrupt company is bought and then make things new.Once a business hits bankruptcy, is that the end of it? Or could that company make a comeback? I thought there is always a chance that bankruptcy can bring a company back, but I'm not 100% sure.
Of course businesses do come out of bankruptcy fee on several occasions but it will take a lot of job from the owners of that company to bring the business out of bankruptcy.Once a business hits bankruptcy, is that the end of it? Or could that company make a comeback? I thought there is always a chance that bankruptcy can bring a company back, but I'm not 100% sure.
Yes a business and come out of bankruptcy if it is properly managed management is all a business need to be able to survive a bankruptcy.The business can very welcome out of bankruptcy provided that all the measures are being taken to ensure that the business comes out alive again.
Yeah, if mismanagement was what led the business to bankrupt, when a good financial manager and business administrator manage the business it will definitely recover.Definitely a business can come out of bankruptcy but I think such businesses must be handled by people who have a lot of financial knowledge.
definitely people who their businesses go into bankruptcy will definitely have a lot of lessons to learn. I think it will serve as an exposure.yes, it can if the lessons were well learnt. A business going bankrupt is not the end of the business if the owner learn from his mistakes, goes to back to them and then amend them. Surely the mistake will stand, though it will take some time, in terms of picking your business and the damaged reputation to rebuild them again.
In my dictionary, there's nothing like impossible, i beleive a dying business an be revived if its handled by a competent handler , the debt can be paid and the business can grow again.Once a business hits bankruptcy, is that the end of it? Or could that company make a comeback? I thought there is always a chance that bankruptcy can bring a company back, but I'm not 100% sure.
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