Entrepreneurial Risk, An entrepreneur invests their personal savings in a new business. If the business fails, they could lose their money., Operational Risk, A cafe cannot find enough staff, causing long waiting times and poor customer service., Economic Risk, Inflation causes the cost of electricity, rent and raw materials to increase, reducing the business's profits., Competitor & Market Risk, A new competitor opens nearby with lower prices, making it harder for the business to attract customers., Compliance Risk, A restaurant fails to follow health and safety regulations and receives a large fine., Technological Risk, A cyberattack shuts down a company's computer systems and puts customer data at risk., Ethical & Environmental Risk, A clothing company is criticised after customers discover that one of its suppliers uses poor working conditions.

Enterprise Risks

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