Keisler Engineering Filed for Bankruptcy

Typical reasons why businesses fail.

• Lack of experience
• Insufficient capital (money)
• Poor location
• Poor inventory management
• Over-investment in fixed assets
• Poor credit arrangement management
• Personal use of business funds
• Unexpected growth
• Competition
• Low Sales

Just from reading the mail, the highlighted areas are those that jump out at me as being problematic. Not knowing more about the situation, I can't comment on experience and possible misappropriation of funds.