Risks involved in business.

[Nurudeen]

Like you rightly said that most Businesses and investment comes with it's own risk. For me the high risk investment have ever seen is forex trading. This investment can make you lose your money within the twinkle of an eye if you don't know the technical analysis on how the investment works.

 

[joy101]

In every business come with risk, in running a business you have to be careful in order to avoid losing your customers or your goods, because is very important to be very careful in running a business.

 

[Life drama]

Everything about life is borne down to risks,no pain no gain so you have to take risk before you achieve somethings in life but you must weigh the kind of risk you take in your business so take the best of risk

 

[Sotherefore]

I think you are looking at it from the wrong point of view there are some business that require a lot of dedication and time and possibly to learn from others who have been into the business, there are also some business that you must take your time to learn very well if not the risk in it will be higher so I think for people to cut out certain risks from businesses the person who is willing to go into the business must dedicate his or her time and learn all the basis of that business with this there will be no risk in that business.

 

[Hammad1245]

If in fact every company has risks, for example I have a friend who set up a restaurant and to find the cheapest I buy the utensils online without verifying the site, and he had a great economic loss, since the products that arrived were of poor quality and he could not reverse the business, since the company had disappeared.

You should now the quality of a product before buying it. If you buy a thing online without checking its quality. There are more than 80% chances the product will have poor quality. To do a business one must be aware of possible risks.

 

[Aniwhyte]

There is no business that is existing today that doesn't have risk, anything that brings money definitely have risk and it's not easy also. And without one taking that risk then there would be no success, just like the popular saying "no guts no glory, which is same as nothing goes for nothing.

 

[Ridorz]

There is no business in this life that not risk. But what is very important is to understand and have good knowledge about the business you are doing, this will help you to run the business smoothly and make you defeating the tasks my involve in the business.

 

[Mary]

All businesses are attached to one risk or the other, the most risky business is online businesses and investments, you might end up losing everything you have actually sweat for in few minutes to scammers

 

[Heatman]

Every business comes with risk attached though it may be low, moderate or higher, many people fail in their business because they are unable to identify the risk involved in the business. For instance the risk is Crypto currency business is possibility of hacking into wallets and volatile nature of the coins. Mention businesses and the likely risks attached to them.

Well, about hacking into your Bitcoin wallet, it's most likely impossible when you make use of a well secured wallet, it's not possible to hack it. I'm sure you have heard about coinbase, it can never be hacked no matter how much a hacker tried.

 

[Ltherman]

Possibly every business has its own inherent risk which can be addressed by the person embarking on such business. Risk can be dealt with properly with the right planning and measures put in place to mitigate such instances when the arise.

 

[WhiteHouse]

• Competition Risk
• Economic/ Finance Risk - Market, Liquidity, Credit
• Operational Risk - Process driven
• Legal Risk - Contractual
• Compliance Risk
• Strategy Risk.
• Reputational Risk
• Technology Risk

These risks can be bucketed into categories Internal, External, Controllable, Uncontrollable, Systematic, Unsystematic.

 

[Tunnexisco]

I quite agreed with you, but it is a known fact that every successful business has it different hazard or risk that must be considered, for the business not end it running at loss. However, a knockout business called banger should not be closed to where fire may likely be contacted with the product incidentally.

Every business comes with risk attached though it may be low, moderate or higher, many people fail in their business because they are unable to identify the risk involved in the business. For the risk is Crypto currency business is possibility of hacking into wallets and volatile nature of the coins. Mention businesses and the likely risks attached to them.

 

[Sariana23]

You should now the quality of a product before buying it. If you buy a thing online without checking its quality. There are more than 80% chances the product will have poor quality. To do a business one must be aware of possible risks.

Exactly @ Hammad1245, it is one of the risks, many times before buying the quality and brand of products are asked but, when it reaches your hands it is a deception or you are satisfied. That is why it is necessary to evaluate the seller or company that distributes to somehow minimize the risks.

 

[Doradorwa]

The notion of risk and entrepreneurship has been widely discussed in the entrepreneurship literature. Starting a business involves risk and requires a risk-taking attitude. Most studies have com-pared entrepreneurs with non-entrepreneurs such as managers and see that the rick involve in starting a business and losing it is greater than that of losing your job.

 

[Kamon c4]

All business have threats or risks that may pose as obstruction to the progress of a business at a certain time. Identifying risk is part of the important portion to be included when create an ideal business plan. Natural disasters, errors are risks and threats that your business may be subjected to

 

[Heatman]

• Competition Risk
• Economic/ Finance Risk - Market, Liquidity, Credit
• Operational Risk - Process driven
• Legal Risk - Contractual
• Compliance Risk
• Strategy Risk.
• Reputational Risk
• Technology Risk

These risks can be bucketed into categories Internal, External, Controllable, Uncontrollable, Systematic, Unsystematic.

If you have fears for competition in any kind of business that you want to venture into, then you really have made up your mind to get into the business. This is because there is no visible business now on earth that is limited to only one person. So, the competition helps to make you sit and offer the best service so that your customers can choose your products first.

 

[Gilead]

Every business has its own risks involved..its now left to business owners to know which risk he/she wants to take..it could be well calculated risk or not..and the higher the risks , the higher the returns.

 

[Heatman]

Everything about life is borne down to risks,no pain no gain so you have to take risk before you achieve somethings in life but you must weigh the kind of risk you take in your business so take the best of risk

Well said my friend, there is no gain in this life without pain. You are definitely going to have to sacrifice something in another to get another. It's how it is with business of any sort, you invest, put in your sweat, your time and energy in order to get profits in return.

 

[Sariana23]

Everything about life is borne down to risks,no pain no gain so you have to take risk before you achieve somethings in life but you must weigh the kind of risk you take in your business so take the best of risk

Excellent your words @Drama of life "risk the best", is how you express it, everything in life is under some kind of risk. Although this possibility is not always lost, it is often won as well. The more you learn, study, research, and analyze, the greater the chances of success.

 

[chalcedony8]

Owning a new home can be the best feeling in the world! It gives you a sense of achievement on a personal level and the satisfaction of building a safe nest for your family. But after the initial bliss of buying a home wears off, one has to face the reality of paying monthly EMIs for the mortgage loan. What if the EMI paying tenure is smooth and not dreadful? This is where certain important factors step in. It is essential that one pays extra heed to these factors while considering loan tenure for a loan against property. Following are the elements which one should consider before finalizing the loan tenure:
The amount of your loan against property:Usually, lenders tend to offer borrowers a longer tenure to increase the eligibility of the loan. One should keep in mind that the EMI should not exceed 40% of the take home pay. Thus, for a longer tenure the EMI is lesser which facilitates the eligibility based on the EMI. Calculate home loan EMI here.
Your EMI:As highlighted earlier, your EMI plays a vital role in deciding the tenure of your home loan. If you wish to have a low EMI, it will result in longer loan tenure. On the other side, if one is comfortable paying a higher EMI, one can choose a shorter tenure. A short tenure helps the borrower save a lot of money on the interest paid.
The mortgage interest rates:The equation is simple. If the other elements like the mortgage loan amount and mortgage interest rates are constant, then the EMI fluctuates on the mortgage interest rates. i.e, the lower the mortgage loan interest rates, the lower the EMI. One can also ask his lender to increase the EMI in order to shorten the loan tenure. Visit Mortgage Interest Rates page to know more.
Your age:Your age plays a pivotal role in deciding your loan against property eligibility and making you the ideal borrower since a lender tends to take your age into consideration while lending you a loan. This is because; the lender wants to be sure that his loan is repaid before a person nears his retirement and doesn’t fit his loan against property eligibility. Thus, many lenders refuse to lend a home loan to older people unless they can prove they have a dependable & a sustainable source of income. Thus, the above mentioned factors are the most important elements though not all, while deciding a home loan tenure for you. It is wise to take a loan with a shorter tenure if you can comfortably pay off a slightly higher EMI with your monthly spends.Related Articles