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You make profit and loss in your business. If your loss is higher than your profit, it is a net loss. And you may go out of your business if it continues like this. When you take any initiative or do business, no one can say for sure that you will make a profit. There is always uncertainty.
What you can do is, minimize your loss. There is no point in making a lot of money when you lose everything later. You need to track your transactions. When you have information and statements, you can see a clear picture. You can make the right decisions quickly and implement that. You can detect something earlier that causes you to lose money.
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Hi, I am Rezoanul Vibes. I'm a content creator and passionate learner. I write about lifestyle, finance, martial arts, and digital marketing. I'm glad to meet amazing people all over the world.
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