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Small to Mid-Sized Businesses Are Driving a Surge in Us Corporate Bankruptcies
Small and mid-sized businesses are facing significant challenges, with many already failing this year. In the first half of 2024,
Small Business Bankruptcies Are on the Rise (Decrease in New Business Formations)
This article discusses predictions for a significant increase in insolvencies in 2024. Experts cite high borrowing costs, reduced consumer spending,
Retail, Services and Manufacturing Industries Are Driving an Increase in Business Bankruptcies
Retail, services, and manufacturing industries are more susceptible to business bankruptcies due to several factors specific to each sector as
Preparing for a Business Bankruptcy Involves Several Crucial Steps
1. Assess Your Financial Situation Conduct a thorough review of your company’s financial situation, including assets, liabilities, cash flow, and
Business Bankruptcy Options: Chapter 11 or Chapter 13
Chapter 11 and Chapter 13 are two different types of bankruptcy filings under the United States Bankruptcy Code, and they
Direct-To-Consumer Brands Facing Bankruptcy Risk in 2023-2024
Here are some general factors that contribute to bankruptcy risks for DTC brands. Market Saturation: If a particular market or