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Business Revision (Business Successes (Awards, Fame, Survival, Growth,…
Business Revision
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Financial Risks
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If they are a sole trader or are in a partnership they have unlimited liability which means they could lose their personal assets to pay the business debts.
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Services
A service is an act that a business person carries
out for you in exchange for money,
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Lack of security
If an entrepreneur has a regular job and they decide to give it up it can be a huge risk as they may have to pay off a mortgage,car and other bills.