Is there a risky business?

[Starmix]

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.

 

[Stardom22]

Of course yes. Almost all the business out there are very risky. I think this is like a business principles that the entrepreneurs must be risk takers for them to do the businesses.

 

[Starmix]

Risk is not only in business, it could be to a personal life if we are not careful. In business, risks are unavoidable, which is why planning is required to avoid the emergence of a potential risk.

 

[nomad]

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.

 

[eldavis]

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.

 

[Starmix]

You are so right, all types of businesses are facing risks. But being in business, you know well how to evade or outsmart risks through your experiences and plans. Planning ina advance helps a lot.

 

[Stardom22]

Of course yes. Almost every business is very risky. I have heard that entrepreneurs must be risk takers when starting businesses. However the level of riskiness varies from one business to the other.

 

[timewo]

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.

 

[HansonU99]

There are so many risk when it's come to business you will need to try and control the risk otherwise it's might affect your capital,learn how to minimize the risk to it's bearest

 

[Starmix]

There is always a risky business like forex trading. You never know how it will be played by traders. Your money may jump to their wallets and will just tell you, you lose