facilitating risk management

What Are the Main Types of Risks in Entrepreneurship?

There are several types of risks that entrepreneurs face:
1. Financial Risk: Concerns about the availability of funds and cash flow management.
2. Market Risk: Fluctuations in market demand and consumer preferences.
3. Operational Risk: Issues related to day-to-day business operations.
4. Strategic Risk: Risks associated with business strategies and plans.
5. Compliance Risk: Adherence to laws and regulations.
6. Technological Risk: Risks related to technology adoption and cybersecurity.

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