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Yes, we have been through that too, some clients went belly up owing similar, yet we paid our labour costs and taxes! It hurts! Now we are more careful, we will not take on some contracts, or we always ask for PO, otherwise we will not commit. So as I say, we learned the hard way, but as long...

+1, have been through it too. Perseverance, responsibility, and positive approach, finding solutions to problems in times of adversity rather than blaming the problems at hand will help, but one needs to switch the mindset to that! Not easy task to do! Also learning from past mistakes...