
There are multiple businesses in multiple segments. Some are beginners, some intermediate and some are pro in their businesses yet so many businesses go bankrupt financially when they collects excessive amount of debt and become defaulters.
In business ever single step leads to success and bankruptcy as well depends on the decision you make or the step you takes.
The extremely major factor of bankruptcy in business is none other then finances in the background as you can do really do well on front and in term to grow or expand a business starts taking more and