Here is Harrison's story of his business almost going bankrupt in 2017. His advice: “Don't take any predatory lending or investor buyouts during your desperation. And don't feel you have to hit the bankruptcy button just to survive or feel some relief! There's so many other strategies!”

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What do Marvel Studios, GM, Six Flags, Chrysler, Ally Financial, and Apple have in common? Each of these companies has either filed for bankruptcy or been on the verge of doing so. As a business owner, considering bankruptcy can be scary. However, it is not something you have to consider alone. What should you know now to help you make the best decisions for your organization?