Business 101 Entrepreneurship (Matching Risk with Profit)

 When taking  A risk on a new business venture there is the chance an entrepreneur takes of losing time and money on a business that may or may not be successful.  This can cause fear or doubt a feeling of uncertainty or lack of conviction. That’s where stepping out on faith that you did your research and prep work effectively can help with maintaining confidence during times of doubt. The reality of rather your business will be successful or not will be revealed in time. No one wants to be unsuccessful when they take time and resources to build a business but, no matter what happens it will be a fresh learning experience to build upon. Profit is a financial gain the difference between the amount earned and the amount spent in buying, operating, or producing something. Profit is the amount of currency a business earns above and beyond what it pays out for salaries and other expenses to maintain in operation.

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