How to Deal With Bankruptcy

Luckily, I haven't received many reports from readers of MyBusiness about bankruptcy. But I know it's a reality for plenty of businesses out there. That's the bad news. The good news is that bankruptcy doesn't have to be the end of your business. Think you might be on the brink of bankruptcy? This article from the June issue of Inc., offers a straightforward introduction to the steps you'll need to take to prepare and recover from bankruptcy.

The article also offers some clues as to what you need to do if one of your customers or suppliers files bankruptcy. Look for the next issue of MyBusiness for more on this topic.