What are the main causes of business bankruptcy? (And how to prevent it)

What are the main causes of business bankruptcy? (And how to prevent it)

The main cause of business bankruptcy is the mismanagement of funds. This can happen in a number of ways, such as overspending on inventory, not keeping track of expenses, or taking on too much debt. Businesses can also go bankrupt if they make poor investment choices or are unable to keep up with the competition.  […]