Business failure

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Business failure

A business that has terminated operations with a loss to creditors.

Business Failure

A situation in which a company or other business ceases operations because it is unable to generate sufficient revenue to cover its expenses. For example, if a company is unable to service debt it may file for bankruptcy and stop operating. Business failure is relatively common in the first year or so of operations because the owner is unable to compete for any number of reasons.
References in classic literature ?
Raised in unrivalled prosperity, we inherit an economy that is still the world's strongest, but is weakened by business failures, stagnant wages, increasing inequality, and deep divisions among OUR OWN people.
His telegraph was then, as it is to-day, a business failure.
THE level of business failures as a percentage of the overall business population in Wales has fallen, new figures from information services company Experian reveal.
Debts left due to business failures in July plummeted 72.
Second in the list was Co Cork, where just over one in 10 of the failures occurred, followed by Co Kildare where 5% of the country's business failures occurred.
THE number of business failures in Wales in April of this year was up slightly on 2012, according to latest research from global information services company Experian.
Using cash flow ratios to predict business failures.
THE number of business failures in Yorkshire fell during March, according to latest figures.
A new Barclays Corporate survey of 300 business leaders nationwide found 43% of respondents said they had shelved plans to invest recently due to current market turmoil, while 66% of corporates expect to see more business failures in their sector and 54% view the private sector as too risk averse.
THE rate of business failures in the North West has "steadied" rising by just 0.
There has also been a decline in business failures in the property sector, which are down by 49 per cent from the second quarter of the year.
THE number of business failures in the North-east is continuing to grow despite an improving picture in other parts of the country.

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