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Business strategy
Want to start a Business: Try Low Risk Business
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[QUOTE="Suba, post: 257689, member: 3658"] I don't understand what your criteria are to classify into high risk business and low risk business. Is it based on the accident rate of the workforce, or is your classification based on the risk of business failure or loss? Whatever your business will certainly have risks, the higher the level of risk, the higher the level of profit you will get and vice versa. Your business will of course always encounter risks, whether it's the inherent risk of your business or the risk of strategy and decision making, of course there are many other factors that make the risk more or less. For that as business people we need to learn risk control. Many people interpret risk as a negative or business loss, but there are also many people who take high risk as an opportunity and challenge to get a higher profit. Every entrepreneur is expected to be able to master every business risk they run, such as the product or item you sell is flammable, so you need fire insurance, [/QUOTE]
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Want to start a Business: Try Low Risk Business
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