> I think it's certainly true for some people
> - that entrepreneurship actually decreases
> their risk. And perhaps it's more and more
> true as the years go by....
I found an excellent way to reduce risk in my business. I changed from my first distributor to my second after nearly 10 years in this industry. I sell as an independent agent, with K & B handling all the credit, billing, sales taxes, and debt collections.
In the case of non-payment, I only loose the commissions I was advanced, while K & B pays the supplier, shipping costs, and taxes. My earnings go back to Zero while their profits on the order go negative.
That's more than fair in my book. And I can certainly live with that level of risk.
I'm sure my company isn't the only one that operates like that.
Dennis Bevers
Increased income with reduced risk!