Companies should also have a fail safe plan in the case of bankruptcy or in decreasing sales which is quite common in a lot of businesses
. Most businesses also have a problem with bad credit since loans would not be possible if there are previous records of taxes and loans. In order to prevent such occurrences from happening, businesses should have a contingency plan. They should have a safety account that would handle bad credit and a committee that would handle all the assets and losses of the company. An assessor is usually hired in order to check up on the business and to know if the company is hemorrhaging money. Usually, there is an assessor for the materials and products used in a company as well as an assessor to check up if there are resources which are misused by the company. For example, most employees would use a Xerox machine which the company owns for personal use. The assessor's job is to handle any losses in the company as well as to report to the managing committee if the company has a bad credit with other companies.