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10 Risks Of Starting An Online Business - Nairaland / General - Nairaland

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10 Risks Of Starting An Online Business by jayjay5oxide(m): 12:48pm On Aug 28, 2017
This article tends to highlight top 10 risks small business and home-based entrepreneurs face when starting and running an online business:

=>The risk of losing your main income source.
=>The risk of getting your website hacked
=>The risk of displeasing Google
=>The risk of getting infected with malware
=>The risk of getting penalized by a Google algorithm change
=>The risk of losing traffic slowly but surely
=>The risk of downtime
=>The risk of not earning money
=>The risk of crappy web host
=>The risk of getting your website copied and contents plagiarized

Conclusion

It is highly imperative for young entrepreneurs to understand the risk involve in any business pursuits. Practically every entrepreneur either young or old face many challenges when starting a new business. A depressed economy , uncertain market conditions and financial struggles all pose a legitimate threat to the successful launch of a new company/ business empire. Business owners must be able to determine the types of risks that are most likely to affect their new venture and proactively design functional risk management strategies that will enable the company to succeed despite having those risks.

Full article here: http://www.jaysciencetech.com/2017/08/10-risks-of-starting-online-business.html

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