How can a business who just encounter robbery attack heal ?

TOZZIBLINKZ

VIP Contributor
There is a popular saying that no one knows tomorrow , this saying is actually true mere thinking about it . robbery attack on a firm and other business organisations is as a result of unforeseen contingencies . When business organisation encounter robbery the company or business inventory are stolen , business assets like cars , motor vans , computers , and equipment as stolen , in most unusual cases the business money and finances are stolen too . So what can the business owner or representative do in order to heal ? Well below are some of the actions that could help a business Hill from robbery attacks .

* Plough back profit : ploughing back of business profit can help a business owner to get back into business again . Business profit are usually stored in other financial firms like Banks so that they can be protected and used when needed .

* Seek governmental grants and loans : in some regions of the world government grant loans to personal individuals and businesses , so in a situation where a business who just encountered arm robbery borrowing governmental loans and grants could be a way to heal the wounded business , there by going back into business again.
 

Jasz

VIP Contributor
When a business is robbed, they want to be able to get back on their feet as quickly as possible. This can be a challenge when many businesses are unprepared for the costs of being robbed. They are not ready to deal with emergencies and don't have the necessary funds to recover. The first thing that needs to happen is having the right plan in place.

It's important that businesses take some time and think about what they would do in case of an emergency such as robbery, fire, or flood. Would they have enough money to pay employees while they wait to get back up and running? Do they have a business interruption insurance policy in place? If so, do they know how much it would cost them? Having a business interruption insurance policy in place can help relieve stress by covering expenses such as paying employees during the recovery period and lost profits due to lack of customers coming into your store.

The second step towards recovering from a robbery is getting support from family, friends, and community members. A lot of people go through this alone but it's important for you to reach out for help because there are organizations and agencies that can assist you with insurance claims, legal advice, and financial assistance if needed. These groups will also provide emotional support during this tough time which is something helpful.
 

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New member
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Stena

Member
This would not be an easy to bear thing especially by small business start ups.
However, it is important that every business owner includes in his or her plan how to deal with contingencies as such.
A woman in my locality died few days after her warehouse caught fire. It was obvious she could not bear the heavy loss, and worse still, she did not have an insurance cover.
Unforeseen events like fire outbreak, burglary, and environmental disasters should be planned against timely to avoid too much stress and loss.

A business that has just experienced a robbery attack should bank on her insurance cover if one had been gotten. That would help prevent worse case scenarios like one having to commit suicide or dying from a heart attack.
Also, such a business can seek help elsewhere, talking to someone at such a time happens to be a soothing remedy, an advice or financial assistance can go a long way.

Such a business can also source for grants or financial assistance from organizations that offer help in times of emergencies. I think in these ways, a business which have experienced a robbery attack can gradually heal and get back on its feet again.
 

Abee111

Active member
For any business that has been rubbed, it will be hard for that same business to recover again. Because that business capital and the available stocks is no longer available. Even if it will recover, it will take a long period of time and which the owners have to work hard on it just to see that they build it to the normal position it was before. But it won't be better than it was before.
In the other side, it will recover if the owners or singer owner have assets to put into the business again and make it function within a short period of time. . and also they can or he can recover the business by getting support from family members and friends too. Also getting loan from banks. But when going to collect loan from bank to recover your business, make sure you have plans and target within a period of time. Because loan is something that when one get into it without plan and targets, it very hard for one to come out of it. So loan needs plans and target.
 
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