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Why might an individual want to take the risk of starting their own business?
Wiki User
∙ 15y ago
Because the possibility of a return is so great. However, a prudent individual going into a venture would want to minimize the risk as much as possible. As they say...success is when opportunity and preparation meet.
Wiki User
∙ 15y ago
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How can the government lessen the risk of starting a business?
The government can lessen the risk of starting a business by giving small business owners tax breaks. They can also promote educational opportunities about good business practices.
An individual that undertakes the creation organization and ownership of a business?
risk taker
Are people willing to take the risk of starting owning and operating a business?
entrepreneur
Who are people willing to take the risk of starting owning and operating a business?
lots of people are
What are the cons of starting a small business?
There is a high amount of risk in starting your own small business. The majority of businesses started fail within the first year. When starting a business you are risking either your capital or someone capital which could hurt you financially.
Who takes on the financial risk in starting a new business in a market economy?
a. consumers b. government planners c. individual business people d combination of government planners and individual investors
What kind of borrowing rates might a business get compared with an individual?
Borrowing rates a business might get compared with an individual are usually higher. The rate differs long with the risk one is willing to take. To put it more clearly : if you put in more financial risk, you will get in return a higher borrowing rate.
How can the government lessen the risk of starting a business?
The government can lessen the risk of starting a business by giving small business owners tax breaks. They can also promote educational opportunities about good business practices.
Who takes on the financial risk in starting a new buisness in a market economy?
a. consumers b. government planners c. individual business people d combination of government planners and individual investors
An individual that undertakes the creation organization and ownership of a business?
risk taker
Are people willing to take the risk of starting owning and operating a business?
entrepreneur
Who are people willing to take the risk of starting owning and operating a business?
lots of people are
What are the cons of starting a small business?
There is a high amount of risk in starting your own small business. The majority of businesses started fail within the first year. When starting a business you are risking either your capital or someone capital which could hurt you financially.
What is a good sentence for the word 'risk'?
'Starting a business is a risk, but it can create handsome returns.' 'Before investing in shares, one must look at the potential risk of such an investment.'
What is the financial risk of starting a business?
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.
Examine the concept of business risk and uncertainties and explain various business risk?
business risk is the risk ,a business face ,again the achieving of its objectives ,it can be of many types , like currency risk, political risk , industry specific risk , also financial risk that can also be business risk
What are the challenges faced by entrepreneurs when starting a business?
time management is a big factor by managing risk getting customers
