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[Gamer01]

Most of the business options that we start for ourselves for others have a probability of risk and difficulty for the people that needs to be understood managed and carefully handled most of the people start business without having proper expert mentors for their business and that is why they can face losses do you think that each business must maintain stability all the time they must avoid difficult situations how much is the risk is it present in every business indeed

 

[Ofonime]

In any business that you so there is always some ratio of risk attached to it so it's now your own responsibility to identify the risk and deal with it at the minimum bearest or else you business can collapse due to high risk

 

[holie]

Most people are not into any form of business because they are able to handle some of the risk involved. In most business the higher the risk, the higher the profit. There are always risks associated with every business you can think of..

 

[Wisdom01]

Most people are not into any form of business because they are able to handle some of the risk involved. In most business the higher the risk, the higher the profit. There are always risks associated with every business you can think of..

i think in buisness risks can be categorized into different types such as financial, legal, operational, strategic, and reputational risks. Businesses should have risk management strategies in place to identify, assess, and minimize risks, or exploit them as opportunities.

 

[Kunlee1]

Of course yes, all business, mostly new businesses have a high probability of risk and difficulty and to fail. People that needs to be understood managed and carefully handled most of the people start business without having proper expert mentors for their business.

 

[Wisdom01]

Of course yes, all business, mostly new businesses have a high probability of risk and difficulty and to fail. People that needs to be understood managed and carefully handled most of the people start business without having proper expert mentors for their business.

Through starting a business without proper guidance and mentorship can lead to additional risk and difficulty in managing and growing the business. Having access to expert mentors or advisors can provide entrepreneurs with valuable insights, strategies, and opportunities to mitigate risks and increase the chances of success.

 

[Niftyicon]

All businesses have their own peculiar risks and they also vary in levels. Depending on the type of business, the risks associated to it may be the type that could be mitigated by handling, insuring or any other means possible. This is why it is important to factor in these risks before starting up any business.

 

[holie]

Because of the risks associated with some business has made insurance companies very popular as they are the ones that stands the company and the risks. Most insurance has paid premium for businesses that subscribed to their platform. ..

 

[Wisdom01]

All businesses have their own peculiar risks and they also vary in levels. Depending on the type of business, the risks associated to it may be the type that could be mitigated by handling, insuring or any other means possible. This is why it is important to factor in these risks before starting up any business.

i think Before starting any business, an entrepreneur must be aware of the risks associated with it and must have a plan to mitigate or handle those risks. The level and nature of risks vary from business to business, and it is crucial to understand them in order to make informed decisions

 

[Daniel084]

I agree that all businesses face risks that can hurt profits. Natural disasters especially are impossible to prepare for fully. Good risk management is key to surviving when things go wrong. Also, learning from others on how to reduce risks can help too.

 

[Wisdom01]

I agree that all businesses face risks that can hurt profits. Natural disasters especially are impossible to prepare for fully. Good risk management is key to surviving when things go wrong. Also, learning from others on how to reduce risks can help too.

i believe Having a solid and proactive risk management plan can minimize the impact of unexpected events and increase the company's resilience. It's also crucial to regularly review and evaluate the plan to ensure that it remains relevant and effective.

 

[holie]

Risks prevail in all businesses you can think of, no matter the size of the business. That is why you must carry out a proper research and know some of the risks associated with the business before you establish such business. Having experience in business is very important..

 

[Daniel084]

Risks prevail in all businesses you can think of, no matter the size of the business. That is why you must carry out a proper research and know some of the risks associated with the business before you establish such business. Having experience in business is very important..

I agree with you. All businesses have risks and starting without knowing them is not good. When I started my small shop I wish I researched more on supply issues. Knowing the risks ahead would have helped me plan better. Experience from others is useful but researching the industry is a must.

 

[Wisdom01]

Risks prevail in all businesses you can think of, no matter the size of the business. That is why you must carry out a proper research and know some of the risks associated with the business before you establish such business. Having experience in business is very important..

i think is important for entrepreneurs to have a solid business plan in place that includes risk management strategies to mitigate potential dangers. Additionally, seeking advice from experienced professionals and learning from their mistakes can also help entrepreneurs navigate through any challenges that may arise.

 

[holie]

Always make sure you understand the business you are about to establish so that you can know how to navigate when you are experiencing some issues. Every business has its own element of risks..

 

[Wisdom01]

Always make sure you understand the business you are about to establish so that you can know how to navigate when you are experiencing some issues. Every business has its own element of risks..

i believe It's essential for any business owner or entrepreneur to properly research and understand their industry and market before starting a business. By knowing your business inside and out, you will be able to identify potential challenges and navigate through them effectively

 

[Zikonano]

Certainly! Risk is inherent in every business endeavor. Whether it's a small startup or a large corporation, there are always uncertainties and challenges that can impact operations and outcomes. Successful businesses manage risk by implementing strategic planning, diversifying investments, and adapting to changing market conditions.

 

[holie]

Many businesses understand the impact of risks and how it could affect their business and operations. That the reason they carry out risk assessment before starting any business. The level of risks would determine the success of the business on its entirety..

 

[kayode10]

One thing you should know is that nothing in this life that is risk free. Before you can achieve success in anything you are doing you must be ready to fix some risk. The problem is that majority want to achieve without risking anything which is a fraud.

 

[Wisdom01]

Many businesses understand the impact of risks and how it could affect their business and operations. That the reason they carry out risk assessment before starting any business. The level of risks would determine the success of the business on its entirety..

i think risk assessment plays a significant role in ensuring business continuity and longevity. By assessing potential risks, businesses can prepare mitigation plans to minimize or eliminate said risks, keep employees and customers safe, avoid financial losses, and maintain their reputation

 

[Daniel084]

Always make sure you understand the business you are about to establish so that you can know how to navigate when you are experiencing some issues. Every business has its own element of risks..

Every business has its own risks and issues that can come up unexpectedly. While you can research and plan as much as possible beforehand to understand your business, there are always elements that you won't truly understand until you're in it day to day, actually experiencing the ups and downs.