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josias1604
Apprentice
Joined: 18 Sep 2010
Posts: 2
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 Posted: 01/26/11 - 07:42 Post subject: |
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| I have recently started a company. There are some pretty good things happening and I am glad the profits are pretty decent for now. However, I have one question. I would like to know what to do in the case of the profits reduction. I do not have much experience with that, so if anyone could help me, that would be great. Thanks in advance. |
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tally262
Apprentice
Joined: 21 Feb 2008
Posts: 1
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| Posted: 02/04/11 - 00:03 Post subject: |
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| After a successful year in business, it is naturally to expect further growth. However, for some (and, indeed, for many), something like that does not happen. Reduction of profits is then one of the most depressing thing that can happen. The best thing you can do in order to get out of that problem is to either raise a loan so that you could cover your losses and invest further into the business, or through the major reduction of your prices which could attract even more buyers. I hope you find the info helpful. |
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