There's always risk in business one is fear of bankruptcy. This happens if there's mismanagement of business, no inventory and innovation done by the business owner. Anyway there's only a slim chance for business owners to experience business to fall. The other risk is fire. If the business is gotten by fire, there's no chance for it to survive unless it's insured against fire. The are other risks like price fluctuations, inflation and more.
Is there a risky business?
- Thread starter Starmix
- Start date
All businesses are risky, there is no business that is completely risk proof. However, some businesses are less risky where as some business are highly risky. Before you start a business, you need to analyze your risk tolerance level.
Every business has its own share of risk, there are some business which contains more risks than others. There are also various kinds of risk. There are some business that has to do with health risk, there are some that could even be risky to life.
Buying, selling and monetizing domains is an extremely risky business, since the domain investor has to pay huge domain renewal fees, and it is very difficult to make money from the domains or even sell good domains at a fair price.
