Question

name the source of finance having least financial risk on the business

Answer 1

Explanation:

Number one & the easiest source of finance for a small business is one's own savings. At any stage of business, when a business is in need of capital, an entrepreneur can tap into his personal assets such as – stocks, mutual funds, real estate or jewelry – to raise money

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Answer 2

Answer:

Sources of financial risk and possible solutions

•Illness or accident- an increase in expenses due to high medical bills, treatments, and prescription costs, as well as the loss of income if you cannot work.

•Legal liability- having a legal suit filed against you.

•Death- Loss of household income, lack of funds needed to make monthly bills, and funeral costs.