Menu
Home
Advertise
Forums
Search forums
What's new
Unread posts
Latest activity
Earn Money
Review Website/Apps
Passive Income
Money apps
Paid Survey
Stock
Forex
Real estate
Paid to write
Social Media Monetization
Crytocurrency
Bitcoin (BTC)
Ethereum (ETH)
Crypto Exchange
Mining
Crypto Faucet / Airdrops
Binance
Business
Business strategy
Funding a business
Marketing
Digital Marketing
Social media marketing
Email marketing
Brand management
Personal Finance
Money Saving
Personal loan
Retirement
Debt help
Savings for Students
Tax relief
Insurance
Car Insurance
Life Insurance
Liability Insurance
Home Insurance
Health Insurance
Disability Insurance
FAQ
Log in
Register
What's new
Search
Search
Search titles only
By:
Search forums
Menu
Log in
Register
Install the app
Install
Home
Forums
Money Making Forums
Business Ideas Forum
How to curb the liabilities of a business
JavaScript is disabled. For a better experience, please enable JavaScript in your browser before proceeding.
You are using an out of date browser. It may not display this or other websites correctly.
You should upgrade or use an
alternative browser
.
Reply to thread
Message
[QUOTE="Augusta, post: 229205, member: 25283"] Liabilities of a business is the Owings of the business incurred. A business with much liabilities is bound to collapse now or later. High liabilities in the business is what brings about bankruptcy in a business, whereby the assets of the business will auction to pay off debts. But the truth is that the liabilities of a business can be reduced if the business take some steps to curb getting to the point of having huge liabilities. The following steps can help 1.Start by employing only the numbers of employees that you can comfortably pay. No need to employ workers that would remain redundant. 2.Buy only equipment that you would be of value to the business. no need getting fancy equipment that wouldn't be needed much for the running of the business. 3.Get only the best professionals that the business needs. Avoid bringing unnecessary experts to cut down on payment that you need to give out.. You know the professionals your business need, you can just get one person that is most knowledgeable in it. 4.Use a shop space that will accommodate you but shouldn't be too big for your business that will be making you pay heavily for yearly. so you need to be moderate about this to reduce liabilities. Add your own thought? [/QUOTE]
Insert quotes…
Verification
Post reply
Home
Forums
Money Making Forums
Business Ideas Forum
How to curb the liabilities of a business
Top