Risks in business are borne by the

Risks in business are borne by the entrepreneur. An entrepreneur is someone who starts and operates a business venture in order to make a profit. In the process of running a business, entrepreneurs face various risks such as financial risks, operational risks, legal risks, and reputational risks. These risks may arise from factors such as changes in market demand, supply chain disruptions, changes in regulations, natural disasters, or unexpected economic events. Entrepreneurs must take on these risks and make decisions that minimize the likelihood of failure and maximize the chances of success. Therefore, entrepreneurs must be willing to take risks in order to achieve their business objectives.