unplanned expenses

Why Do Unplanned Expenses Occur?

There are several factors that can lead to unplanned expenses:
1. Market Fluctuations: Changes in the market can lead to increased costs for raw materials, shipping, or labor.
2. Equipment Failure: Unexpected breakdown of machinery or technology can incur significant repair or replacement costs.
3. Legal Issues: Unforeseen legal problems such as lawsuits or compliance fines can arise.
4. Employee Turnover: High turnover rates can lead to additional recruitment and training costs.
5. Natural Disasters: Events like floods, earthquakes, or fires can cause extensive damage, leading to unplanned restoration expenses.

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