What is entrepreneurial risk?

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subornaakter20
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Joined: Mon Dec 23, 2024 3:53 am

What is entrepreneurial risk?

Post by subornaakter20 »

Business risks are obstacles that a company may encounter. They often lead to negative consequences for the business:

Decrease in profit compared to planned indicators
For example, a company that purchased a batch of raw materials before opening expected to sell 500 items in the first month of operation. At the same time, the management expected to list of bahrain cell phone numbers receive a profit of 100 thousand rubles.

Decrease in profit compared to planned indicators

Source: shutterstock.com

However, due to a seven-day delay in the delivery of raw materials, which arose due to force majeure circumstances, the company was able to sell only half of the planned volume - 250 goods. As a result, the actual profit was reduced to 50 thousand rubles.

Unforeseen losses
For example, a person decided to open a business, but a month after starting work, a fire broke out in the room above and his studio was flooded. This led to unexpected losses: he had to buy new tools, change furniture and cancel client visits for several days.

Such losses can affect the company's reputation, degrade the quality of services, violate agreements with partners and even lead to the liquidation of the business.

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