Yet, businesses can still earn a lot of money and they can still have a clean credit
record if the manager and business owners would be competent and firm about how they manage their business. Through the use of credit management and consultancy agencies, business owners would be able to check for any problems that might occur in business. The consultancy agencies would also be the ones to assess if Bankruptcy would happen in the near future and what moves should be done to prevent such problems from happening. Business owners should also have an auditor committee in order to check for any fraudulent acts inside the company as well as to manage and file the company's assets daily and monthly. When employees are monitored often, they would not practice any fraudulent activities and that is why companies should have friendly and competent managers and supervisors. It is also important for such companies to have a clean record so that it can loan from other financial institutions in the future. That is why assessing a company for bad record and Bankruptcy is important.