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How can you prevent losses in business
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[QUOTE="Rubz, post: 284458, member: 69674"] A business owner has to keep a lot of things in check to prevent the business from suffering a loss. Loss could result from theft, it could be theft from employees like you mentioned or even theft from customers. Some customers go steal from a business. A CCTV camera should be installed and monitored to prevent theft from both customers and employees. Another thing that cagn make a business suffer loss is inadequate planning. Some business are set up without any proper business plan and as a result, the business often suffers loss. There's a saying that goes like this "he who doesn't plan, plans to fail". One should ensure he or she has a proper business plan before starting a business so that the business won't suffer loss A business can also suffer a loss as a result of inadequate funds. A business needs money to run smoothly. Money is needed to pay staffs. In a situation where staffs can no longer be paid as a result of inadequate funds, then the workers would leave and the business would suffer loss. [/QUOTE]
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How can you prevent losses in business
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