Changing fashions is one of the important causes of business risk.

1. Business is exposed to various kinds of risk.

2. The risks can be due to the loss of goods by fire or theft, bad debts, changes in government policies, goods remaining unsold etc. 

3. Goods remaining unsold due to changes in fashion, is also an important type of risk in the business. 

4. Due to this risk businessman can suffer loss. 

5. However this risk is there in case of some goods only e.g. clothes, footwear, jewellery, accessories, sun glasses etc. 

6. This risk is not there in case of food grains or vegetables as they are essentials and their demand remains somewhat constant. 

7. Thus, changes in fashion is an important risk in the business.