Even though the company is making money, it still goes bankrupt. When doing business, not only look at “profit”.
The ability to collect money is more important than the ability to make money!
If you are a start-up company, you don’t have much cash on hand at the beginning. At this time, you have to deal with all the daily expenses and expenses. If you still need to use credit sales, you will “not receive money”. Then it is very likely that you may accidentally fall into the risk of bankruptcy if you don’t have enough cash, and you may even be unable to survive.
Black Word Bankruptcy
Every time I chat with the owners of small and medium-sized enterprises, everyone exchanges their management methods, opinions on the market, and various ups and downs in life. Of course, the most important purpose of doing business is to make money, so the topic of whether to make money or How to make money and obtain better profits is always the most important in the discussion process. Although it is very important to discuss whether and how to make money. Not making money will certainly make people worry and fear, but the most regrettable or embarrassing thing is that despite making money, in the end, the business has to be terminated and faced with the fate of…
