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Why Should Entrepreneurs Have Insurance or Takaful

Identify the type of policy or certificate and determine who will be nominated There is an effective way to protect income in the event of an unforeseen occurrence while operating a business. Starting a business costs a lot of money, and time is very important to keep the business going.  Which assets and liabilities to protect?  Building - Factory - Management staff - Employee - Loans The benefits are  Tax exemption: you must refer to the appropriate authority if you do not understand tax exemption.  Begin to practice rewarding and protecting the business and staff from risks contained in the policy or certificate Why do you have to ask?  Analyse your needs and assess the risks you are willing to accept

Trapped in Debt

Getting caught up in debt is a very scary thing because it can interfere with your emotions, actions and daily affairs.  It is important to manage the cash flow not only of the company but also for personal use as well.  Problems occur when your cash flow is negative  1. Make a loan with a creditor - debt with a credible party such as a bank  2. Sell assets - to earn cash  3. Work overtime  4. Look for more expensive salaries and bigger responsibilities  5. Withdraw savings for medical expenses  6. Failure to save monthly income for the future  Be careful and not wasteful when shopping as a practice. While investing, buying low risk stocks and buying takaful / insurance products as protection income for the unexpected risk are the best options for you.  Release anxiety …….