Risky Business

Being in business for yourself means putting up with a lot of responsibility. Not only does your and your family's well being rely on your business success, but so do your employees and their families. And not to put too much pressure on you, but your community depends on your success, too. Business is risky business, isn't it?

Not if you minimize the risk, says Steve Strauss in USA Today's weekly small-business Ask an Expert feature. "The best entrepreneurs reduce the risk inherent in entrepreneurship as much as possible. That way, when things go wrong, because things do sometimes go wrong, these small business people are less exposed to danger and are thus free to sell another day," he says.

Go check out his tips for reducing risk in your business.