you have raised a very vital point because I also believe that if the risk that is attached to a business is properly managed, losses could be minimised.flow-er wrote:One of the best ways to manage losses in a business is to manage the risk that is attached to such a business.
To manage the risks, you have to understand entirely what the risks involves and the potential damage to the business.Cuddy wrote:you have raised a very vital point because I also believe that if the risk that is attached to a business is properly managed, losses could be minimised.flow-er wrote:One of the best ways to manage losses in a business is to manage the risk that is attached to such a business.
You have to understand that losses are part of business. You dont have to give up on your entrepreneurial dreams because of losses.kennysplash wrote:As a business person there are times when you will experience losses, you just have to learn from them to not repeat itself again.
it is even necessary to seek advice from consultants because they are the only solution to every problem of a business.Inem wrote:If it is necessary, seek Profesional advice from financial experts and business consultants / mentors.
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