The biggest risk of starting your own business is going bankrupt trying to meet the business’s costs. This risk encompasses the financial challenges and potential failure that can arise from insufficient capital, poor sales, or unexpected expenses, which can lead to significant financial loss.
What is the biggest risk of starting your own business?
(1 point)
Responses
damaging your reputation as a productive worker
damaging your reputation as a productive worker
going bankrupt trying to meet the business’s costs
going bankrupt trying to meet the business’s costs
being forced to forfeit personal property to investors
being forced to forfeit personal property to investors
losing out on opportunities to work in higher-paying jobs
losing out on opportunities to work in higher-paying jobs
1 answer