The family finances me to put up a little store attached to our house. My father told me to manage it since I have finished a four years business related course. I am so happy because this is an opportunity for me to put into practice what I have learned from the course that I take. The business that the family puts up is like a little grocery store that will cater people living in the village and nearby. It was okay at first and I am confident that the business will be profitable. I did not expect that months later there are little stores has been put up. And because of those competitors, the store runs very slowly. I was caught unaware and with s blink of an eye the store will be suffering from bankruptcy.

The sadness that the family felt was double the sadness I felt. Though the family is not blaming me, I felt guilty because they have given me trust and support but I failed them. It was like a nightmare to me seeing the store is slowly dying and I do not know what to do. I regret that I am over confident that I will make the business profitable. I should have hire cary bankruptcy attorney the first time I started the business. So that when bankruptcy occurs, I am prepare and ready on what would be the best thing to do to surpass bankruptcy. I am planning to put up another business and this time I will hire attorney for bankruptcy to help me when this problem occurs.

In behalf of Cary bankruptcy attorneys, I am participating in this blogger campaign and was compensated. The views and opinions is 100% mine.

1 Comment

  1. by sie, on August 10 2011 @ 8:11 am

     

    I am also a graduate of business management Genny and have been a bank teller for 5 years..my family also owns a business before and honestly we can’t predict the changes that it will bring..competition is a normal thing in a business and maybe the best thing to do is find ways to compete with them..like marketing strategies in getting your own valued customers plus discounts or do a study on your costumers wants and needs..business is risky talaga but when you get the right moves it is really profitable..

    good luck Genny and always have a positive outlook in life no matter how hard the situation may be..it will surely pass..life goes on and we will not always have our lows..soon our ups will come ok 🙂

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