1.1.2 Risk and reward GapFill

If an entrepreneur starts a business, there will be rewards but there will also be risks.   A business reward is a  benefit downside money drawback that it brings to the owner; for example, being their own boss or having better working  conditions situations orders locations .  The reward of having a successful business could mean awards and growth or just making more   prestige business trips mess money than when working for someone else.  Another reward is that the entrepreneur would get to keep all of the   wages outlays rewardsprofits that the business makes.  They may have to   award reinvest reward spend it back into the business to keep it running smoothly, but ultimately it is their decision about how it is spent. Another reward of setting up a business is that the entrepreneur gets to be their own   driverboss profit commander, which means they can make all the major decisions, and they get a better work–life   surplus riskpoise balance as they can decide when they want to work. There are also risks in starting a business, including the very real risk of business   let-down reward danger failure .  There are also financial risks if an entrepreneur puts their own   revenueoverheadsexpenditure savings into starting the business as if it is not a success they could lose that money. The entrepreneur may also be leaving a secure   profit housejob risk in order to start the business, and so this could put them at risk of not being able to pay their personal bills if the business is not successful.