[Treborika]

Probably this is one of the things that most entrepreneurs fail to handle it appropriately. With that being said most businesses face downtime in the operation and resulting in a strained profits generation.
What do you think?

[Bisolami]

Honestly, there are times when you need to take a break for the business to know the reason for the loss so that it will not repeat itself

[Mika]

First of all I will determine how big is the loss. Then I will analyze what can be done to stop the losses. If I do not see any hopes, I will just shut it down.

[Kenti]

I would have to critically find out the origin of the losses and move to fix it as soon as possible.

[SHAHID987]

It is very difficult to recover immediately the loses in business, we need to analyse it first then try to find out the reasons of loses then stop it for future.

[Uty Theo]

What I do is simple. I take my time and analyse what the cause of this setback in the business you know business failure, so all I do is after analysing and finding out what was wrong in the business I now set out to fixing it I call out for investors I advertise more and if possible get a loan I believe that since the business is already standing it can rise again immediately

[Inem]

You have to know when to stop selling a particular line of products if it is not moving.

[SHAHID987]

It remain Very difficult To manage losses of our business but personally I manage it by hard working, by further hard working and try to find out new ways of business and learn from my losses.

[olaniyi]

Their is always lose related to every business but as a expact someone must know how to cover up in another transarction

[Bisolami]

We can do a weekly check on how the business is going so that we won't lose too much

[Tendz]

Managing losses in business can be difficult. Firstly, you need to evaluate what is the cause of this loss, so you can understand what went wrong and how you can prevent it from happening in future.

[Akuba]

Sometimes, it is always very difficult to manager losses in a business but you've got to gain the relevant skill to do so.

[Abigael]

You should take sometime and find out what caused the loss. Then from there, you can deal with causes and ensure that they never repeat themselves.

[Nsikan]

You would have to re assess the market as it syncs with your business strategy and adjust appropriately.

[Emmaojo]

You identify the problem, and solve the problem by providing solution. Ensure to take conditions of solution to the problem.

[kennysplash]

As a business person there are times when you will experience losses, you just have to learn from them to not repeat itself again.

[Inem]

If it is necessary, seek Profesional advice from financial experts and business consultants / mentors.

[Abigael]

As a business person there are times when you will experience losses, you just have to learn from them to not repeat itself again.

Yeah, learning from mistakes is the only great way to get through them. When you learn something, it is so hard for you to repeat the same mistake.

[eldavis]

For me i usually tend to view loss as a lesson. I find out why i lost and then i learn from it to be better than before.

[GoldenLady]

Identify problem that caused the loss and figure out how to solve it. Sometimes, it may be factor beyond your control, and sometimes, you may have to let the business go for good.