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Business strategy
How can business owners safeguard their assets.
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[QUOTE="TOZZIBLINKZ, post: 219883, member: 37528"] When an important business asset is lost , it could lead to obstruction and hindrance like low productivity towards the production aspect of the firm incurring the losses . in a business environment as it comes in two different ways that is fixed assets and current assets . Buy fixed asset we mean asset that can be felt , and seen with the human eyes they include huge machines , equipments , vehicles like motor van and carrier vans , and furniture's etc . On the other hand , current assets refers to assets of a company that could not be seen and felt they include monetary finances in Banks and other financial sectors . But how could business owners and managers safeguard these assets below are some of the ways they could follow . 1. Employee a guard : business organisations can employ a guard or security man who can watch over business assets either when business dismisses or when business commences , the security guard must be alert , cautious , and also diligent in protecting the business fixed assets but at night and in the daytime . 2. Bank system : The existence of bank systems has aid business to store their current or non fixed assets for safety purposes , also with the help of the bank systems , consumer goods producing firms could be able to safeguard their various products secret formulas far away from business rivals and competitors , he could hire miscreants and thieves to steal into a business organisation to find out the secret of their business profit . [/QUOTE]
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