Do you think financial risk is the highest risk in a business?

[Syldan]

Financial risk is not the only risk or higher risk in business. this is because there are alot of other risk which are equally to the financial risk. which includes the failure to plan as you have mentioned, unproductive spending, and also natural disaster that may occur in the environment.

 

[Shigobad20201]

In my own personal opinion , I believe financial risk is the highest risk one can make in a business, for example investing a huge amount of money in a business when you don't know what the out come will be.

 

[Elfinito]

There are many other risk in business. For me, every step taken in a business is risky. There are also management risk which for me is one of the highest risk, when the is bad management, the business can crash anytime

 

[Stnicholaz]

The risk of a change in policy. If an entrepreneur has made all his homework over the business and has gotten the capital and invested, the government policy could be an unforeseen risk that can affect the business.

Government policy has relatively affected lots of business and multinationals. In my country some companies are closing down and reopen in another country due the environment is not conducive for the do business.

 

[Laurentta]

Although there are other risks in a business, i feel financial risk is the highest risk in a business. I feel financial risk can help solve some other risks in the business.

 

[greenie]

Financial risks strike at the heart of a business, starving it of resources and hampering cash flow. Financial risk can appear in many forms – from customers who fail to pay for their purchases, suppliers who fail to ship inventory, and even the company’s own business strategy if risky decisions are made. It’s no surprise that starting a new business venture or running a corporation comes with a certain degree of risk. However, the term “business risk” refers specifically to anything that could threaten a company’s financial health or lead to insolvency.

 

[Blessedsam60]

Financial risk is one of the riskiest in business but people's management, I mean the managerial part of an organization matters a lot too.
When you have people of values to work with, your finance remains cool.

 

[tyrim88]

Though there are risk in business,the one that involves finance is one of them and a majorone,but other one is the non implimentation of a workable plan of operation for the business,and not rgistrying the business with the authority.

 

[Syldan]

Actually it may and it may not be but alot of people always considered financial risk as the highest form of risk in business though sometimes it depends on the situation because there are other risk that are much consider in business.

 

[Danny4cash]

Financial risk is the highest risk you can take in a business. Other things, like time, efforts, properties are important but they can be replenish within a short time. But money once you lose it, getting it back is not easy.

 

[Setho]

A business is all about the financial aspect and that is why you need to be very careful and put your money only in things that you are sure of. Finances is the backbone of any business.

 

[Bookwormlux1]

I do not think so. I am of the opinion that being ignorant of the whole business process is actually the highest form of risk taking. Because it would definitely cost you so much in the end.
Financial risk is not the highest risk in business, but being ignorant is the highest risk. This is the best thing to know. If you do not have the required knowledge, it would be difficult to cope .

 

[tray591]

There is nothing that you will tell me financial risk is the highest risk in business because if you are down financial y your business may likely collapse

 

[Ofonime6]

In any business I think that financial risk is one of the risk factor which anyone can face its a sole of your business if your business is financially down such business seems to stand a better chance of lossing so I think financial risk is the worst risk ever

 

[frederick_9]

the chance of a policy change.
Government policy could be an unanticipated risk that could harm the business, even if an entrepreneur has done all of his due diligence on the venture, obtained the funding, and invested.

 

[Ofonime6]

To be very frank financial risk is the worst risk in any business so I think that when you have financial risk in your business you need to try your best and correct those mistakes otherwise your business will just sink down so I think that financial risk is the worst risk which anyone can incured in a business

 

[Sincerem]

Every business owner or a business starter always needs funds to lunch a business and to support a business growth. This fund is either gotten in the form of loans from investors, their own savings, or funds from family. But aside this, there are other risks, like failure to plan accurately which could mean that the business owner risks bankruptcy, and investors get nothing. Is there any risk in a business that is greater than financial risk?

Financial risk is the highest risk in business . Apart from that there is no other thing. So many business men and women are afraid to lose the money they have invested due to business failure.

 

[Chibson]

On the face of things one could say yes and would not be wrong. But in all honesty there is more risk one could take than that. There could be the risk of employing a wring staff too.

it also boils down to financial risk. If you employ the wrong staff, that will make you lose a lot of money. financial risk is probably the highest form of risk in any business venture because the purpose of any business is to make profit.

 

[Shigobad20201]

Financial risking the highest type of risk you can make in a business , because it involves you putting your money into a particular business when you don't even know if the money will yield or loss.