1. Business Bankruptcy
(Daft 778) Small business owners never start their businesses with the intention of failing, however statistics show that in all likelihood they will not be successful. ... Despite these opportunities to continue businesses, statistics show that many companies that file for Chapter11 will eventually file under Chapter 9 and liquidate their business. ... Chapter 11 still provides an important last opportunity for businesses to succeed. ... Effective Small Business Management. ... West's Business Law. ...
- Word Count: 1115
- Approx Pages: 4
- Grade Level: Undergraduate