Should business owners be the only ones to bear risks?

[Syldan]

Well business is all about risk taking and I believe enlvery entrepreneur is aware and he has been prepared to bear all forms of risk that comes his way in business though it will be a much burden on them.

 

[Bethel Victor]

There's are several advantages and disadvantages of owning a business, and risk-bearing is just one of them. If you business moves from a $5k worth to $10, I bet you wouldn't increase the salaries of staffs, now that's because they don't earn in percentage, you only pay them by their designation and agreement you had, so I don't think they should bear the risk of the company too.

 

[Good-Person]

Yeah, the only thing your employees may lose if anything happens to your business is their job but you will lose a lot of money and your business. So it is the work of the business owner to try as much as possible to ensure the smooth running of the business.

Usually, the person who has invested the more is the one who usually suffers from losses and enjoys profits. In certain cases, the company mighty also suffer as a whole when a major share holder does something wrong or illegal.

 

[Emmy]

A business owner should take risk of his or her business because all profit also belongs to the owner of the business. The risk can be shared when you share profit with business owner at the end of financial year. Thus employees are not risk takers.

 

[Chibson]

Usually, the person who has invested the more is the one who usually suffers from losses and enjoys profits. In certain cases, the company mighty also suffer as a whole when a major share holder does something wrong or illegal.

Probably, the person who has the highest investment is always very careful with the kind of policies made in the business organisation. Any mistake from any of the shareholders can actually render his investment useless.

 

[Setho]

We are definitely taking various kind of risks everyday in our business and in our daily lives without even knowing so business is always going to go sideways in that same way.

 

[Bigron]

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?

I am of the opinion that since the owner takes majority of the profit when they are due, he or she should also be willing to account for any risks or challenges that befall the company. Obviously, this is not to absolve the workers of blame but the manager should be willing to bear the brunt of the business’ fortunes

 

[GIFTMICHAEL]

He's the one in control of the business , there is no other person that will purposely take the responsibility of the business owner as long as the business is a sole proprietorship business.

 

[Yohanna]

He's the one in control of the business , there is no other person that will purposely take the responsibility of the business owner as long as the business is a sole proprietorship business.

The responsibility of the business is in the hands of the owners of the business just like what you are pointed out. The owner of the business will not need to seek for anywhere else to put the risk of the business on rather than on himself.

 

[Ononivami]

The responsibility of the business is in the hands of the owners of the business just like what you are pointed out. The owner of the business will not need to seek for anywhere else to put the risk of the business on rather than on himself.

The business owner is the one to bear the risk in the business because before entering into business you should know that the risk in the business should be minimally managed and if care is not taken it could ruin the business.

 

[Potuse]

The business owner is the one to bear the risk in the business because before entering into business you should know that the risk in the business should be minimally managed and if care is not taken it could ruin the business.

Before you establish business you must have known that the risk that is involved in the business is only on you. And if you do not want to bear the risk alone you can as well seek for the services of the third party, which is the insurance company.

 

[Gandiba]

Business requires that you take full responsibility for every thing.

As a business owner, you do not have to wait for someone else to take the risk for you.

 

[Syldan]

Actually I believe risk is always inevitable in business and I am also aware that before you engaged in business you know the various setbacks that are associated with the business so when the time comes, it shouldn't be a new thing to you.

 

[GIFTMICHAEL]

The responsibility of the business is in the hands of the owners of the business just like what you are pointed out. The owner of the business will not need to seek for anywhere else to put the risk of the business on rather than on himself.

Yes except in partnership business in which responsibilities can be shared among partners depending on the number of people participating and partnering to establish the business. That is why establishing a personal business may somehow be risky.

 

[Smiles20]

You will first of all have to define risk based on what you think it is. Even you as a consumer can be able to buy a product that is not quite what it and is not covered in your warranty policy.

 

[Robust]

Risk taking is essentially part of every business and as such I understand everybody should be able to know that there are some risk that are attached to their own investment.

Yeah.., so any one who has either investment or he or she is the owner of a business should know that he or she is the one that will beer all risk that is involved and nobody will join.

 

[Yohanna]

You will first of all have to define risk based on what you think it is. Even you as a consumer can be able to buy a product that is not quite what it and is not covered in your warranty policy.

Risk does not have any other definition other than risk itself. The risk in the business is always on the shoulder of the business owner in most cases,.except if there is an insurance somewhere.

 

[Shigobad2020]

Since you are the owner of the business and the investment , you should be the only one to bear the risk alone but if you are running a joint business , then you share the blame .

Yeah.., so any one who has either investment or he or she is the owner of a business should know that he or she is the one that will beer all risk that is involved and nobody will join.

 

[Robust]

Since you are the owner of the business and the investment , you should be the only one to bear the risk alone but if you are running a joint business , then you share the blame .

Yeah that is it. That is why it is even good to make a joint business at times than single business because by joining hands together, losses will be much lesser than being alone in a business.

 

[Yohanna]

You will first of all have to define risk based on what you think it is. Even you as a consumer can be able to buy a product that is not quite what it and is not covered in your warranty policy.

Owners of businesses should endeavour to manage risk in such a way that it will not be detrimental to the business and that is why it is highly important for you to take into consideration a very good risk management strategy.