QQuestionBusiness Management
QuestionBusiness Management
A common financial risk that entrepreneurs encounter is:
A. high taxes
B. high insurance costs
C. high maintenance costs
D. bankruptcy
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Answer
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Step 1I'll solve this problem by carefully analyzing the financial risks entrepreneurs typically face.
Step 2: Understanding Entrepreneurial Financial Risks
The problem asks about a common financial risk for entrepreneurs. To determine this, we'll consider the typical challenges faced by business owners.
Final Answer
Bankruptcy The key insight is that while taxes, insurance, and maintenance costs are challenges, bankruptcy represents an existential threat to an entrepreneur's business and financial future.
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