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Practical preventive measures for business risks
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[QUOTE="Augusta, post: 260755, member: 25283"] There are businesses that are riskier than others like hotel, transportation, communication, bar businesses and lots more. The best bet here of perfectly handling risks concerning these businesses is to tackle them before they happened. This is because the risk associated with these kind of business is devastating so it will be a good idea to tackle to avoid them happening. The fact is that these risks are bound to happened so the right to do is to prevent them from happening from the onset. The following are the preventive measures to adopt. Start by having a team for risk assessment and prevention: When once you know you are operating s high risky business, you should have a team that will work solely on preventing the risk from happening. identify the risks and work against it: Try to identify the likely risks that can confront your business and work to prevent it from happening. Employ the services of professionals to tackle the risks to avoid them from happening or tackle them after they have happened. The insurance company is one. What do you think? [/QUOTE]
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