How do you manage to control the rate at which the business is making losses?

[Stardom22]

The business managers can always look into the lowering of the production costs. This may result in laying off of some staffs to lower the burden for the business.

 

[Shavkat]

I had seen some companies resort to massive terminations. It is the last option for them to survive in the business world. It is sad to say, but they need to execute this even if many of their employees will lose their jobs.

 

[Stardom22]

l think this can be done through the outsourcing of services when the needs arises instead of the fully employment of personnel.

 

[nomad]

Sadly, I could not control the losses and I have to give up on the business. I have failed multiple times

 

[cherry123]

Having losses in business csn be very tough to control but you need to still try different things to halt it. Like having security In. place to avoid theft

 

[uptrendfinancialsignal]

Controlling losses in business is a tedious one . You need to be very proactive and adaptable as well . All business owners should know that losses were inevitable, but should know how to manage them.

 

[Ratine]

This is by selling on cash basis and encouraging high profit generation mechanisms so as the business can really pay for it's own costs.

 

[eldavis]

One way I use to manage losses is by simply eliminating services that is not generating enough profit compared to what I spend on doing it.

 

[timewo]

I am trying to sell most of the domains at a very low price or letting the domains expire, to reduce the business expenses to the extent possible.

 

[Min George]

To control the rate of losses for the business, you have to pause production nad sales to re-evaluate what is the cause of the business making losses.

 

[King Belieal]

My business only occasionally makes losses and it is always from identifiable mistakes from my end. I always make sure to correct those mistakes.