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theme 1 revision - Coggle Diagram
theme 1 revision
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1.1
business risks
business failure : This could occur if there is poor cash flow, a drop in sales and revenue or competitors improve
financial loss:An owner may lose the money they have invested in the business if it fails. This could include their own personal belongings e.g. car/house
lack of security : being your own boss means that there is no guaranteed income ,sick pay or holidays
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