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Part 2: Five 'Keeler' Factors - Government Units
Factor Three - Entrepreneurial Risk
Whether the individual has assumed the financial risk of the business undertaking.
Explanation of Factor Three
Entrepreneurial risk is a risk that the entrepreneur will be unable to compete successfully in the market place, and as a result will lose capital investment or be unable to cover the cost of inventories, facilities, or other overhead expenses involved in operating the enterprise.
Case studies relevant to factor three based upon cases decided by the Labor and Industry Review Commission (LIRC), Wisconsin Circuit Courts and Wisconsin Appellate Courts