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Divorces spell financial doom for small firms
According to the 2009 US Census, there were 9.2 divorces for every 1,000 men and 9.7 for every 1,000 women. AFP
When Glenn Phillips went through a contentious divorce, his company unwittingly came along for the ride.
Phillips, the founder of software consulting firm Forte Inc, estimates his divorce cost him more than $200,000 (Sh20 million) — about a quarter of his annual revenues at the time — in lost potential new business and add-on business to existing clients.
