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How do entrepreneurs manage business risk?
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40 votes
40 votes
How do entrepreneurs manage business risk?

User Dugong
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1 Answer

14 votes
14 votes

Answer:

There's many different things you can do to manage business risks. By paying off loans you're lowering your risk of debt, if you collaborate with other companies you're allowing your company to be discovered by others, expanding your company when you know it won't be extremely risky by doing so, etc. you can also look at things like pros and cons or asking yourself if you have the money to cover what you plan on doing.

User KrishnaDhungana
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