As a business owner, you put in countless hours and cash to ensure your company's success. Taking actions to reduce loss is critical for protecting your investments. You can protect your business by understanding the various causes of losses and how to address them. To help you with that, Trinity compiled the following information from different reliable sources for you to better understand the importance of loss prevention:
Loss control refers to the proactive measures taken to prevent or reduce loss resulting from an accident, injury, illness, or property damage.
Loss control provides the following benefits:
Understanding the process is just as important as understanding its essence. The following are the steps that you can take in implementing your loss prevention activity:
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