A business going bankrupt

[Augusta]

What are the tell tale signs that business is going bankrupt? I think understanding this will enable everyone to know when to step up as a business owner to prevent that.

 

[eLdavis]

I believe one common sign to know a business is going bankrupt is when there is always lack of cash, another sign is the decrease in the amount of customers they get.

 

[Augusta]

it is always lack of cash. customers are paying late.
You don't know your business' financial position and even loss of a key customer