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Radi owns Chimney Restore Ltd, a company he set up in 2018 - OCR - GCSE Business - Question 14 - 2019 - Paper 1
Question 14
Radi owns Chimney Restore Ltd, a company he set up in 2018. The company has grown rapidly and now employs 12 workers. However, Radi is becoming increasingly concerne... show full transcript
Worked Solution & Example Answer:Radi owns Chimney Restore Ltd, a company he set up in 2018 - OCR - GCSE Business - Question 14 - 2019 - Paper 1
Step 1
Carefully planning all business activity
Answer
Carefully planning all business activity is essential for managing risks in a growing business. It allows Radi to foresee potential challenges and implement necessary strategies to mitigate them. This proactive approach ensures that operations run smoothly and customer needs are met, ultimately contributing to the sustainability of the company.