Business owners have a lot to deal with and one of those things dealing economic law. This is one of those things that can bring an organization down. The name of the business can be painted with mad by such cases. When business has a bad reputation means that fewer people can shop or do business with the company and so profits reduce. Therefore, business people are always advised to stay updated concerning changes in the business. It is good to protect your company from the penalties that you can get by ignoring restrictions or bending the laws.
Watching or reading business news can give one an oversight of how such cases are handled. One of the business news that hit people by shock and taught business people a lesson is the arrest of Vihaan a director in Telangana working with QNet. QNet is known to be one of those companies that run network marketing business. This companies operate by recruiting new members that become distributors of the company. This is a company that has diverse products and it deals with quite a number of them. It is an old company in this business sector. However, on this one time, its leaders were being arrested with the claims of running a Ponzi scheme in India. These schemes, unlike network marketing are banned in almost all countries because they do not supply products and in the end, most of them get away with investors’ money.
QNet were able to have their leader released because he had been forced by the police to give statements which were found to be wrong and thus his rights had been abused. As a business person, you need to protect your business at all costs and apart from knowing the business law, sometimes you also need to be aware of the human rights. If you know about human rights and business rights, you will be able to tell when you are being mishandled and when the police are taking advantage of you. Even the police are not allowed to abuse your rights and so you need to speak out when things a get out of control.
It is very important to learn from others and in this case, QNet case should help you learn how to handle cases in your organization. This case of QNet can be found in the etnownews which have explained into details all that happened during this issue. In this website, you will find a lot more articles that relate to the business sector and that way, you will be able to expand your knowledge on how the business cases are handled, and some of the tactics that you can use to get yourself out of trouble and to save your company.