Role of Entrepreneur

Role and function of Entrepreneurship

The role of function of entrepreneur is to combine all resources in an effort to make profit

A person incurring loss in business is also called a entrepreneur

 

Risk

The entrepreneur takes the risk of his money and time to provide goods and services with the aim of earning profit

 

Limited liability

If the business is unable to pay his/her creditors the owner does not have to pay his/her personal assets to repay the money