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Business strategy
How important is emergency business savings??
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[QUOTE="sincerem, post: 114996, member: 25228"] When it comes to business, an entrepreneur is expected to understudy the business ideas, have better plans before carrying it out. Their are many things that needs to be considered in case the business isn't riding on the free-flow system craved for. We all know that at times uncertainty looms, and it affects the business in one way to the other. It can be financially, or otherwise. In order for an entrepreneur to stay on top of his or her business, different alternative plans needs to be put in place. One of them is having an exit plan. What kind of exit plans do you have for your business in order to help you keep it afloat when uncertainty tries to ruin it?? What factors will enable you to run your business long time to work past obstacles posed by uncertainties?? Do you think having emergency relief funds saved for long time can help rescue the business from drainage?? [/QUOTE]
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How important is emergency business savings??
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