Should business owners be the only ones to bear risks?

[Holluwaphemmy]

We have seen many businesses or companies crash due to different issues. The challenge is that many of the employees or workers in the business would get a job and leave the company. What should be the fate of the business owner or the employer. How can he get the business back to the initial state when the workers might have evacuated the company?

 

[Sotherefore]

A business owner is one who establish a business and he is the one to bear all the risk except he is willing to share their business with people who are interested to invest. With this way , risk can be shared across different stakeholders.

 

[Matan_z]

I think the employees can also take risks at the job, after all living it's self is kind of a risk so it makes sense that the employees will also have to take risks, when a motorcycle is driving in order to deliver a delivery he is technically taking a risk while working, and when a body builder is building a house he is also taking a risk because at any moment a brick can fall at his head and he can never be prepared to such a thing. People are taking risks every day and so employees. A business owner must make his business convinient for working so that his employees wouldn't even want to leave his business, and then he wouldn't lose employees and his business will be able to run.

 

[Shigobad2020]

Since you are the owner of the business and you have access to your gain without sharing it with anybody , then the loss should also be bear alone by you as the owner .

 

[Ektalakra]

The business owner bears the risk as a cost of opportunity and innovation. A business owner is a person who invests his capital in a business though all the other people working in that business get affected, the owner is the one who bears the risk.

 

[Lens]

There are different ways at which the business owner may not bear the risk in the business alone. This could only happen if there are shareholders who could bear certain percentage of the risk too.

 

[glitch]

They aren't the only ones to bear the risks. Often when a business goes under, everyone working there loses their job and they are at risk of struggling to find a job that pays the same wages.

 

[Castelione]

Of course, the biggest risk is on the owner's shoulder because it's his time, money, and effort is at stake. Thus, once he survived the company, he is the one to gain the biggest benefit as well. The employee is also at risk in finding the new job.

 

[Gandiba]

Yaing risk is nothing but a normal way of life , because life itself is risky , and so I do not think the only business owners are mandated to take risk at all. Everyone can decide to take the risks.

 

[Lens]

They aren't the only ones to bear the risks. Often when a business goes under, everyone working there loses their job and they are at risk of struggling to find a job that pays the same wages.

The perspective that you looked at this is very good because so many would lose their job if a business goes down. As such, the employees too have partake in the risk that the business suffered.

 

[Chibson]

It depends on the kind of business you are talking about. In sole proprietorship business, the business owner only bears the risks by him or herself but in partnership business a lot of people bear risks.

if you know you are not financially capable to bear the risks in a business then you should look for a business partner.

 

[Setho]

Almost everything about life is centred around taking one form of risk or the other and businesses is no exception. The business owner is taking a risk of starting the business and investors as well as taking risk of putting money.

 

[Gandiba]

A business owner is ordinarily expected to take all the risk, and not just sit down and expect things to move fine without taking any bold step towards investment opportunities are available.

 

[Shigobad2020]

Since you are the owner of the business and you away are the only one handling the profit and the gain made from your business , its neccesary and a sure thing that you bear the risk alone unless you have investors that can also bear the risk with you.

 

[Sincerem]

A business owner will always be the only one to take Risks except he or she is willing to partner with people to establish the business. That is when the risks of the business can be shared among manners. But for a private business organisation , the owner is responsible for everything

 

[Ononivami]

The business owner would normally bear the risk alone, but if he decided not to bear the risk alone, he could as well insure his company so that when calamity comes, the risk will be shouldered by the insurance company.

 

[Syldan]

Well personally I think business owners should not be the only ones to bear the risk in some circumstances but so also the employees and the society. because if they are left alone, who will make the production again?

 

[Chibson]

A business owner is ordinarily expected to take all the risk, and not just sit down and expect things to move fine without taking any bold step towards investment opportunities are available.

Probably, if it is a one man's business, then the business owner is solely responsible for anything that happens in the business whether he is making profit or he is making losses. But if it is a partnership business the number of people that owns the business are going to bear the risks involved.

 

[Lens]

The business owner would normally bear the risk alone, but if he decided not to bear the risk alone, he could as well insure his company so that when calamity comes, the risk will be shouldered by the insurance company.

This is probably another way the business owner could transfer the responsibility of risk-bearing to another company and this is the essence of having an insurance company in place.

 

[joy101]

Yes of course, a business owner is the only one who can take the risk alone because is the only what start up the business, so him is only one who is gaining the profit and also the only one who will loss also.