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Hello All Steemians
Currently, the business is experiencing very dynamic fluctuations. We can see from various business sectors, starting from a business that really looks like a business or an opportunity to play crypto. We are aware that during the pandemic, manufacturing businesses have a huge impact. many employees were dismissed or even laid off for various reasons.

In the stock sector, or crypto, it can be seen how the movements are sometimes so wild. we know the value of bitcoin has reached and has also experienced a nadir. When suddenly people get drastic, alias people are competing to pursue profits by entering capital. But at this time there must be so many people who feel disappointed. They have risked their capital to reap profits so they have to bite their fingers.

Understanding Business Risks

We see how every business should see better opportunities. Businessmen must also be aware of the risks that must be vigilant. The awareness of every seductive business there must be a risk that must be held. If this is realized then everyone will be able to act wisely. We shouldn't just join in investing when we see a business that has made a big profit. We have to try to see whether this business is not only sustainable, or is it the continuity of the business, and of course it will be better to get to know the decision makers in the business we want to follow better.
For the sake of sitting also we decide the type of business we will do. what we have to remember is that every effort is sure and there is a risk. The risk of loss to bankruptcy must be taken into account. Everything must be calculated properly so that it will avoid possible big risks.
Therefore, we must minimize risks when doing business. If it can be done maximally, then we will avoid bad risks in running a business.
Here are some tips for avoiding big risks when doing business.

1. Choose a business field that we are good at.

Don't ever do business, it's just a bandwagon arena. we must be able to choose a field that we understand very well. Or we should try hard to understand well each type of business we choose. Don't because someone gets a big profit and then we take part in establishing a similar business without the correct understanding. this would be fatal with a large loss or even a complete failure.

2. Adjust Capital.

if we choose a business that is in accordance with the capital, we will not be too heavy in running it. When the business grows, we can simultaneously increase capital, either by cooperating with banks or other financial institutions, or we can also invite private investors to participate in our business.

3. Plan well.

Planning becomes urgent to get a clear picture of the type of business, market and other needs in order to grow and develop. Without planning, a business can run the risk of not running, losing or going bankrupt.

4. Good Control and Administration

As decision holders, we must always control every activity. We can assign to others we can trust. However, it would be better if we stepped in straight away every now and then so that we could know whether the business was going well or if there were weaknesses that needed to be fixed.

5. Good relationship

Every business, of course, cannot work alone. All parties involved must synergize with each other. Starting from owners, employees, consumers, to parties who are sometimes invisible. Give a good greeting and invite the employee occasionally to have a casual chat that will give them sympathy. When there is a celebration give them joy which makes them even more enthusiastic about working. The tangible form of good relationships will be able to make a better work relationship.

If we can do things above the risk to the business we are running will be reduced. Thus the selected business will provide benefits to all parties. If the profits are large, employees also feel prosperity so they will support each other.

That is my writing this time, I hope it is useful.

Best regard
@rokhani

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