Amid the devastation caused by the Covid-19 pandemic on businesses, and in particular small businesses, bankruptcies have soared.

If you were to do an analysis of why many small businesses go under, you are likely to find that a significant number end in financial ruin by making the same or similar mistakes. If your business makes these same mistakes, you too could walk the same path to financial ruin. By heeding the following practical advice, you can potentially avoid that happening.

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