Small Business Bankruptcies Drop

Small Business Bankruptcies DropSmall business bankruptcies have now gone down for the sixth quarter in a row.   Fourth quarter 2010 declined 18% when compared to the previous year.

“While changing economic conditions continue to bring both market challenges and opportunities, the rate of small business bankruptcy appears to be waning and even showing signs of improvement,” Dr. Reza Barazesh, senior vice president, Commercial Information Solutions. “While a number of factors could impact this trend over the next year, recent developments suggest that the landscape for small businesses will be more stable in the future.”

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