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How can you prevent losses in business
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[QUOTE="Carpon, post: 284426, member: 86701"] The best ways that one can avoid business loss is by doing and taking the necessary business steps that will guarantee the stability and non dangling nature of the Business. First and foremost the place of strategic planning cannot be overlooked. There is nothing meaningful that is realized in the absence of planning. Business too needs planning so as to ensure that future probabilities are ascertained and all the possible ways by which any unfavorable circumstance will be easily resolved will also be known. Another thing is the presence of good and proper management. When there is the absence of good management, and the business is not managed properly, there will certainly be a lot of problems whether financially or in any other aspect and it will certainly give rise to one or more business challenge. There are many more things but these two some of the Important ones that should be considered. [/QUOTE]
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