There are a lot of risks when doing business... different kind has different risks. In terms of trading , I think one of the most common risks is the scam at your supplier side, especially doing overseas. That when you paid money but don't receive your goods.
The biggest risk will be focused financially. A lot of people may want to get their investments back right away which may makes the venture harder than it should. You should not stress out with the risks and just set your eyes on the goal of your business until you eventually recover your investment. This does not happen overnight though. Rain
Especially when you're just starting out, you might not necessarily be able to tell as well if what you're doing is the best thing to invest in or not. Even very experienced business people lose money with bad investments, but they are usually able to recover more quickly and feel confident that they'll get it right next time. I would agree that the financial risk is probably the biggest in business - especially, like what Endless Rain said, when people expect to get some huge ROI right away! It can be really disappointing when you're all excited about a new venture and it doesn't pick up as quickly as you'd like - especially when you've put a bunch of money into it. We take risks every day, so while it's good to be aware of that don't let them throw you off. Just go for it!
The big risk now adays if the loss face due to global crises, you don't get new sales and your business goes down.
The largest risk is obviously payment and investment. If you invest in a good or bad coder, this could define or break your business. It's all about finding the right people to work with and surround yourself. Payment is also a risk because you may be sending it to a legit guy or a scammer.
The largest risk is when you put yourself in high confidence which you believe you can get back all the investment money in a month. Therefore, your cash role and turnover will be getting worst and effect your account of financing. Besides that if you are doing online business, the fraud order and not getting an original condition of the goods.
in business their are many risks but the main risk i think so is that when you have paid for any good by shipping but you donot have got that good its a big risk i think so
Might not get your money that you've invested back, or you might also have legal risks involved depending on the type of business =)
One of the biggest risk in business is to take hasty decisions without analyzing the marketing trends.
There are a lot of risks when doing business... different kind has different risks. In terms of trading , I think one of the most common risks is the scam at your supplier side, especially doing overseas. That when you paid money but don't receive your goods.
There are many risk in business like that day by product or services improvement, man power problem like manufacturing unit , cost control, finance etc...
In my opinion: Offline: -Wasting too much money beforehand and not getting any clients Online: -Falling for a scam -Giving up -Wasting too much money and not getting any clients -Wasting TOO MUCH TIME for nothing Here you go