Yuri Yavorsky has authored several books based on his 30+ years of business experience. Initially intended as a set of hints and tips for his sons who now manage the family corporation, the concept later evolved into a series of guides for both aspiring and seasoned entrepreneurs. The author uses his first-hand experience to explain how to avoid the most common mistakes, how to act in a number of situations, what to do in the face of a looming bankruptcy, and how to save a business in crisis. Bankruptcy is not death. It may seem hard to believe but bankruptcy can bring salvation. This book describes the rules of survival, the problems to be solved in preparation for bankruptcy, if it can no longer be avoided, and gives an understanding of the full range of extralegal measures. It also offers an insight into the safeguards, which are a tactic for building your future business – the survivor that is debt- and loan-free. The book is based on true events and the author’s own experience.