A person who owns and bears the risks of a business is an______

The person who owns and bears the risks of a business is called an entrepreneur. An entrepreneur is someone who takes on the risk of starting and managing a business venture in order to make a profit. They are responsible for organizing and managing resources, such as labor, capital, and materials, to produce goods or services that meet the needs of customers. Entrepreneurs are typically motivated by the potential rewards of success, such as financial gain, personal satisfaction, and the opportunity to create something new and innovative. They also face the risk of failure, which can result in financial loss and other negative consequences. Overall, an entrepreneur is a person who takes on the risks and rewards of starting and running a business.