Outline one risk an entrepreneur takes when starting a business (Q3 — 3 marks)

GCSE · Business Studies · Edexcel · 1.1.3 — The role of business enterprise: producing goods/services, meeting customer needs, adding value (convenience, branding, quality, design, USP); the role of the entrepreneur (organising resources, making business decisions, taking risks)

Question

Question: Outline one risk that an entrepreneur takes when starting a new business. (3 marks)

3 marks · take your time before peeking.

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