safety. and taxes those are only two though. there are probably more though
Some risks associated with starting a business is the concern for whether it will succeed, where will you get the money from and who will you hire. When you approach each problem separately, you can overcome the problems.
An entrepreneur, a person who sets up the business and takes the financial risks
In any business you want to start up, it would usually require you to invest money or at least spend something so that you can successfully start a business. Since money is always visible in starting a business, you should also expect for a financial risk. When your business do not succeed well, the tendency is you will not be able to have a return on investment. Now before starting up any business, it is always essential to have a business plan in order to identify financial risks to company.
There are many tips on starting a small business. The most popular advice for budding entrepreneurs are determine your business type, create a business plan and do the research on your industry.
One problem many people face when setting up a business unit is the fact that they can't anticipate risks. When they fail to properly plan for these risks, they expose their business to threats.
Alan sugar took no risks he just started up a business
A few steps to starting a small business are 1. write a business plan after you know what type of business you want to start, 2. find some free training on starting a new business and 3. figure out how you are going to finance your new business. The Small Business Administration is a great resource. www.sba.gov
There are plenty of resources to get information on setting up a small business. First see if your local college offers a course on small business. You can also check out some websites for information: http://www.sba.gov/category/navigation-structure/starting-managing-business
The very first step in starting up a small business is to decided the nature of the business. Then a business plan must be written up, stating the nature of the business and estimated cost to run for the first year.
starting up a new business
The risks of owning the business are divided among a group of people Study Island. :)
The answer depends on what kind of business you are looking to start-up. If you are a first-timer starting up a new small business, I thought I'd chime in with a resource link from Microsoft. But that would be against WikiAnswers policy. Sorry.