Enterprise means taking risks
enterprises always involve balancing risks against possible rewards.
1). An entrepreneur needs to gather together all the resoruces needed to start or expand a business They key resource is money. which is needed to buy equipment and pay workers.
2). Very often an entrepreneur will use their own money. but they'll probably need to raise more form banks or other investors as well.
3). An entrepreneur will hope that the business will make enough profit to pay back any money that's been borrowed. If not then the business will fail and the entrepreneur will lose all the money that's been invested in the company.
4). A good entrepreneur will take a calculated risk - they'll do research. Plan the business carefull to make sure it has a good chance of sucess or even survival, and weigh up concequences of failure. if the risk is worth tsking the entrepreneur will go straight ahead with the new business venture.
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