Tommy Tainant
Diamond Member
Businesses require a degree of certainty in the business environment.So what if they were losing money. Doesn't mean because of the lack of knowledge or anything bad. 90% of new businesses fail int he first 5 years. The one's left, 90% of they fail in the next 5 years. Entrepreneurs try lots of thing during their life times. Some are successful and some are not. So what? And, if some require bankruptcy, that's what that law is in place for. So what? Doesn't mean the business was run poorly. Horse and buggy companies were doing great until something else came along that made them obsolete. Some just closed their doors and others filed bankruptcy. It wasn't because they were bad leaders of their companies. You are just grasping for straws.
Thats what they use to plan hiring and plant replacement.
When there isnt that certainty they sit on their cash. That causes what we call RECESSION.
Thats generally considered a bad thing.
Of course they still have to contend with the other factors you listed as well.