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.
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