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24 November, 12:05

Describe three risks a small business might face.

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  1. 24 November, 13:41
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    A small business may encounter different risks. Operational, Financial and Strategic risks are among the risks to be addressed. Operational risks are internal risks that result from breakdowns, bottlenecks, internal procedures, people and system. Financial risks are connected with issues on liquidity, cash flow and credits. Strategic Risks arise from competition and other external threats.
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