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How to Prevent Losses in Your Small Business??

(@Anonymous)
New Member

Here are some steps you can take to cut down on your losses
1) Effective Management:The management at all levels needs to understand the company's goal of loss prevention, and undertake the same.

2) Employee Participation:No loss-prevention program can be effective, without the participation of employees. The employees need to be trained in loss prevention methods. You could try enrolling them in loss prevention training classes so they know what to do before, during and after a situation that can cause loss.

3) Develop a Program:The loss prevention program should have a clear roadmap. You must develop ways to evaluate losses, predict them and avoid them.

4) Collaborate with other Businesses:In order to prevent losses, you should consider collaborating with other similar small businesses. You can work with other businesses on issues like audit practices, loss evaluation and using statistical ways of tracking trends. You could also collaborate on human resources, operations, risk management and other related issues.

5) Focus on Key Areas:Loss prevention should not be a diffuse program that covers everything imaginable. Instead, you should focus on what can cause more loss to your small business. In most businesses, losses are caused more by employee claims than by natural disasters. The key is to prioritize and then allocate more resources to areas that are more problematic.

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Topic starter Posted : 11/08/2010 8:53 am
(@Anonymous)
New Member

Re: How to Prevent Losses in Your Small Business??

Hi,

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Thank you
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Posted : 16/09/2010 2:58 am
(@Anonymous)
New Member

Re: How to Prevent Losses in Your Small Business??

Good information. It is very important to keep a good thorough plan for all of your processes, and keep up with everything as your business progresses.

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Posted : 21/09/2010 1:04 pm
(@Anonymous)
New Member

Re: How to Prevent Losses in Your Small Business??

Nice Information Shared By You.I appreciate Your Valuable Knowledge.We must have to Prevent our Business From the Loss.There are Some More tips for this You can Get it From the E-Book or Text Book.I use Retail Manager's Guide to Crime and Loss Prevention for Take a Some Kind Of Steps for Prevent My Business.You can also Try this Book it' Author is Liz Martinez.It's really very nice Book to Clear The Concepts Regarding The Loss.

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Posted : 22/09/2010 6:06 am
(@Anonymous)
New Member

Re: How to Prevent Losses in Your Small Business??

If you want to prevent losses in your business then I just you to work in the real estate because this sector has only one way that increase your benefit never decrease so its give the big benefit.

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Posted : 28/09/2010 9:34 am
(@Anonymous)
New Member

Re: How to Prevent Losses in Your Small Business??

You can save yor business from losses if you invest your money in secured resources.You can do research on all investment plan to secured your business.
Thank you
Timmy

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Posted : 29/09/2010 2:12 pm
(@Anonymous)
New Member

Re: How to Prevent Losses in Your Small Business??

To consider all potential risk factors can prevent the loss of your small business. Using creative thinking, offering new ways to tackle old problems of loss. If you are unsure of how to address the problem of losses on your own, you can call a small business consultant for help.

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Posted : 19/11/2010 6:36 pm
(@Anonymous 23630)
New Member

Re: How to Prevent Losses in Your Small Business??

If you want to get high profit and the strong business then you have to be sure with following things.

1) Set your Goal first.
2) Managements is required.
3) Make a best Network.
4) Go for the great time managements.

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Posted : 25/06/2011 9:17 am
(@Anonymous)
New Member

Re: How to Prevent Losses in Your Small Business??

Loses are seems to be a biggest nightmare in every business and to prevent these losses business entrepreneur need to plan certain kind of circumstances such as effective management, developing program, focus of key areas and employee participation.

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Posted : 16/07/2011 10:47 am
(@Anonymous)
New Member

Re: How to Prevent Losses in Your Small Business??

This is very interesting and useful. This will guide us in the right way. Thanks for sharing it with us.

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Posted : 16/07/2011 1:34 pm
(@Anonymous)
New Member

Re: How to Prevent Losses in Your Small Business??

i think it is interesting post, good to know that thanks for this informative post

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Posted : 24/07/2011 10:14 am
(@Anonymous)
New Member

Re: How to Prevent Losses in Your Small Business??

Re: How to Prevent Losses in Your Small Business??

1. Effective management.
2. plan or decision time to time.
3. achievement of goal.

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Posted : 27/07/2011 12:29 pm
(@Anonymous)
New Member

Re: How to Prevent Losses in Your Small Business??

Retail loss prevention is a profession that is responsible for reducing inventory losses inside retail stores. Loss prevention professionals manage in-store security programs that focus on reducing inventory losses due to employee theft, shoplifting, fraud, vendor theft, and accounting errors. Like others in the security industry, retail loss prevention professionals must interact with store personnel and store customers when dishonestly or carelessness occurs. As you can imagine, accusing someone of dishonestly or carelessness is not a small matter and must be done with the utmost care and professionalism.

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Posted : 06/08/2011 7:46 am
(@Anonymous)
New Member

Re: How to Prevent Losses in Your Small Business??

Additional HelpIf you are not sure how to tackle the problem of losses on your own, you can approach a small business consultant for help.

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Posted : 11/08/2011 10:20 pm
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