At least 4,000 businesses went insolvent in South Africa in 2013. It’s an unbelievable number of bad business decisions. These are insolvencies that are reported. Imagine how many businesses went bankrupt without being reported.
The human impact and scale of so many insolvencies is so huge that it’s difficult to even comprehend the full extent of the tragedy.
Small business owners who had to shut their doors and try something new.
Employees who lost their jobs.
Stock that had to be sold at reduced prices. Continue reading “How do you avoid bad business decisions?”