High airfare costs can pose several risks to an entrepreneurial venture. These include:
Cash Flow Issues: Excessive spending on airfare can strain an entrepreneur's cash flow management, potentially leading to liquidity issues. Reduced Profitability: High travel expenses can erode profit margins, making it harder to reinvest in the business. Opportunity Cost: Money spent on expensive flights could potentially be better invested elsewhere in the business, such as in R&D or marketing.