What are the signs before a company goes bankrupt?

A company that is going to close down often can't keep talents. If you find that the company's personnel are frequently transferred and many people resign, you should be vigilant. Even if the company is still recruiting different new people, it can't change the losses caused by the continuous loss of old employees. When the company is about to close down, there is no energy to retain talents. Although when the company is facing bankruptcy, the boss will try his best to keep it secret, until the end, employees are the biggest victims. However, before the company went bankrupt, there were indeed some signs that could be found. I have looked up Peng Kun's theory on the Internet, and many people have summarized it, but some of it may not be accurate, and there will be some subjective elements in it.

The company did not go bankrupt at once, but gradually declined, and there will be various signs in the process of decline. According to snail's working experience in recent ten years, it is summarized as follows. When a company is about to close down, employees quit frequently, and some old employees and even executives leave. Old employees and executives generally have a better understanding of the company's performance, and it is likely that the market will fluctuate greatly or even the performance will drop sharply, which proves that there are serious problems in the company's operation.

The boss often does not appear in the company, and important financial matters such as document reimbursement and salary payment were once delayed. The important thing is that the company's finance is either the boss's brother-in-law or the boss's sister-in-law. When things happen, people can't find anything. Finding documents for reimbursement will pick up some minor faults and delay the reimbursement time. A company is an organizational form of an enterprise. In modern China, a company refers to a for-profit enterprise legal person established in accordance with the company law. The concept of company is clearly defined in the fields of law and economics. According to China's company law, there are two main forms of companies, limited liability companies and joint stock limited companies.

If it is a productive enterprise, the workers of the enterprise are idle for a long time, and the machinery and equipment are at a standstill for a long time. This shows that the company has no orders and its products are not competitive in the market. If this situation continues for more than 6 months and the situation has not improved, then if this situation continues, the company may have to close down.