ln my own opinion the only way that the business owners can bring the dying businesses lively again is through seeking for loans to revamp the business.
Taking a loan without understanding why the business went bankrupt in the first place is just scratching the surface and it would still go bankrupt again, and this time, it would be with a burden of a loan to pay back.Basically, I agree with your opinion, but we don't need to rush to take out a loan, we should first carry out an evaluation look for the causes of the problem why the business almost went bankrupt, starting from production, product quality, marketing strategy and you also need to evaluate costs. and expenses.