How should business risks be approached?

[King Belieal]

Every business has risks that are inherent to that business. An entrepreneur must face these risks if they are to keep staying in the business. How should entrepreneurs approach the risks that are associated with their businesses?

 

[eLdavis]

I think the first steps would be to identify these risk, and ensure that it is something they can happen. After this start creating strategies to handle it.

 

[Kross]

Business risks should be approached before the risk is even happens. Anticipation is the best way to handle business risks.