Risk is any uncertainty that threatens an enterprise's ability to accomplish its mission. Some significant risks entrepreneurs face include credit risk, operational risk, fraud risk, and market risk. There are many uncertainties that can threaten a business, such as natural disasters damaging property, loss of personnel through injury or death, issues obtaining suitable labor, liability for damages to third parties, failures in new technologies, poor market reception of new products, and changes in political, social, or environmental conditions and regulations. Proper risk management is important for businesses to navigate these threats to their operations and success.