How should an entrepreneur think about the risk of failure associated with a new business?

Posted: July 14th, 2022

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Given that many new businesses fail in the first few years after they are established, how should an entrepreneur think about the risk of failure associated with a new business? From what you have learned in this chapter, what can an entrepreneur do to increase the chance of success?
Requirements:
Your discussion board response should be approximately 200 words. APA format for all references is expected – at the very least, your textbook should be listed as a reference for your discussion board posting.
Pagnattaro, M. (2019). The Legal and Regulatory Environment of Business (18th ed.). McGraw-Hill Education.

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