How do you revamp an almost collapsing business?

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 and 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.
 
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.
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.
 
Most businesses that are collapsing is actually due to lack of fund or lack of patronage. A dying business need fund to resurrect. With fund, you can rebrand, relocate and restrategize. Once, there is fund, any collapsing business will bounce back.
 
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