ABSTRACT
The basis for risk calculation was to divide the requirement for industry by the personal assets, both figures being provided by the entrepreneur. Similarly the performance ratio was determined by dividing the profit by the personal assets with which the entrepreneur ventured forth. To come to any analytic basis, besides the identification of sources of risk, these risky and uncertain conditions need to be broken down into simple constituent parts by specialised agencies. A few of the entrepreneurs interviewed who had resorted to cost-benefit analysis spoke of the methodology as only necessary to pass through the administrative barriers created by the government and its agencies. This analysis, to the entrepreneur, is both time consuming and expensive and permits the administrative agencies to utilise their discretionary power and act as a basis for entry barriers to any industry.
