Businesses are organisations that satisfy customers ' wants and ____ by providing goods or services. Enterprise is when an individual identifies an ____ to sell a product or service to others. In the UK today, there are nearly 6 million privately owned businesses, and the vast majority of these are small or medium-sized enterprises. An entrepreneur risks losing ____ by leaving their job to invest huge amounts of their time and money into their new ____. Over half of new businesses in the UK ____ in the first 5 years, so both the cost and ____ of starting a business are high. There's the possibility of low ____ and lack of interest in the ____, and an entrepreneur can lose their life ____ launching a business that fails. Many entrepreneurs work such long hours that their relationships, personal lives, and even ____ can suffer. In light of this, the rewards must outweigh the risks for an entrepreneur to take such a ____. So, what are they?

1.1 GCSEPod Enterprise and Entrepreneurs Gap Fill

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