Outline one risk taken by the owners when starting Last Course Patisserie.
- Edexcel - GCSE Business - Question 4 - 2019 - Paper 1
Question 4
Outline one risk taken by the owners when starting Last Course Patisserie.
Worked Solution & Example Answer:Outline one risk taken by the owners when starting Last Course Patisserie.
- Edexcel - GCSE Business - Question 4 - 2019 - Paper 1
Step 1
Risk of financial loss
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Answer
The owners faced the risk of financial loss as they invested their savings and resources into starting Last Course Patisserie. If the business did not succeed, they could lose significant amounts of money.