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How do online businessmen avoid the incurring of losses?

The truth of the matter is a business owner, you will definitely experience losses in one way or another. The best way to avoid this or at least minimize things is through proper planning.
 
To avoid loss, make sure you sell quality products. Some business man think selling any quality product and making a quick buck is the way to go but it is not. Let's say you use a payment processor like PayPal, if a client isn't happy they can request thier money back.
 
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