Understanding Risk in Small Business

Takis Athanassiou Understanding Risk in Small Business.

When you run a small business, there are all sorts of pieces of wisdom and inspiration that you’ll pick up along the way. But one thing that you’ll massively benefit from understanding sooner rather than later is a business risk. So what actually is this?

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Well, business risk, put simply, is the chances that a company has of making a profit or making a loss in any given aspect of its operation. It can be influenced...