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Really the only risk is Identity theft. Just make sure all your info is secure and you will be fine.
Compared to a brick and mortar business the risks for an online business are minimal. The largest risk is as with every other business to fail. Then you loose all the time and money you invested. But since it's possible to start an online business with no or a minimal amount of money I'd say the largest risk is having wasted a lot of time.
The major risks involved in a business are : 1) Competition 2) Credit giving 3) damages and losses
Personal, business, and competitive risks may occur when one wants to expand their business. These are just a few problems one might run into when expanding their business.
A person who risks time, effort, and money to start and operate a business is called an entrepreneur.
Komodo dragon, vicars, peasants.. Merlin
figure it out is ur hw
Account freezing and money laundering are the mostly frequently encountered political risks in the foreign business. Being scammed is another political risk.
Social, technological, economic, environmental, political, legal and ethical risks present in an enterprise environment. (that is to say, these are external risks)
Really the only risk is Identity theft. Just make sure all your info is secure and you will be fine.
Account freezing and money laundering are the mostly frequently encountered political risks in the foreign business. Being scammed is another political risk.
There are many technical risks attached to doing business in Greece. For example, there is a great deal of political instability at the moment.
Compared to a brick and mortar business the risks for an online business are minimal. The largest risk is as with every other business to fail. Then you loose all the time and money you invested. But since it's possible to start an online business with no or a minimal amount of money I'd say the largest risk is having wasted a lot of time.
Business risks are more general than project risks. Business risks affect the whole business, while project risks may only affect the project. Note the "may" here, as business risks can (and usually are) risks to the project, but the opposite is not necessarily true.
You can monitor risks by conducting inventory of all the factors that are internal in nature. Then, you can evaluate your likelihood of risks occurring.
There are any number of political risks a business can face when entering a country. Some of the more typical fears include confiscation, expropriation, or nationalization (commonly referred to as CEN), political violence (PV), along with changes to licenses or increased tax rates, etc, among other risks. Every country has a unique regulatory environment and risk assessments should be conducted before any investment.
What is the auditor's objective for understanding an entity's business risks?Why does an auditor not have responsibility to identify or assess all business risks?