Becoming An Entrepreneur (There 3 Major Risks)

(1) Financial Risks: – The risk here arises from losing the capital invested in the business. A capital can either be venture or working capital. A capital for a business is a product of cash whether the capital is building or carriable equipment or not; that is to say, a capital is the money put into business for purchase of goods and services that aid the running of a business. An entrepreneur stands the risk of losing the money either by purchasing substandard materials or by not making profit just to mention little.

(2) Career Risk: – The risk here arises from the possible difficulty in returning to former profession after resignation due to the pursuance of a new personal enterprise. It is truth that not all job has job security or satisfactory job security, but a job that an entrepreneur resigns from have been serving as a steady source of income but the new enter… READ DETAIL VIA Source: samuel contemporary: 3 Main Risks Of Becoming An Entrepreneur

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