Challenges that small businesses have?

[Shigobad20201]

Small businesses in my country suffer due to tax being imposed by the government and the cost needed to get a place, like a little shop to rent is quite high.

Most business are paying tax nowadays no matter how big or small your business might be , but the amount of money needed do the tax will depend on the largely of your business .

 

[Syldan]

Actually each business comes up with it a different challenges either internally such as financing, management etc and also externally due to environment factors like government policies etc.

 

[joy101]

Small businesses always have the challenge of not seeing or getting high patronage for their business. This should be expected as it is not just an occurrence to the small businesses alone but all type of businesses

That's true, the small business had alot of challenges because the profit a person get from the business can be very low, in a small business you not expected much from the business when you comes getting higher profit.

 

[Good-Person]

I think that each and every kind of business has to face challenges at some point. In fact, even old businesses have to face challenges such as facing new competitors in the market.

 

[Agbalagbaa]

Like it or not if you are starting up business you must face challenges, but I believe if you stand strong you'll havest the fruit of your hard work, we do face this kinds of things in our businesses.

 

[Popular]

Small business face a challenge of lacking customers due to how little it is, and face a lot of competition because of how easy it is to start thereby having a lot of business owners very closely doing same business.

 

[Immilash1]

That's true, if you are failing I believe there will be a time you can get it right, if you are into things like forex trading you'll understand what I mean by that, you need to take risk before you can earn it big.

You are right, you can only succeed if you have the mindset of success, but if you are not having that good mindset you'll definitely suffer and also you'll lose a lot of money.

 

[nana kwasi1]

Small businesses constantly struggle with not seeing or receiving a lot of customer traffic. Since this affects all types of organizations, not just tiny ones, it should be anticipated.

 

[Shigobad20201]

The money to run the business is the first challenges that a small business ventures normally have and the second issue is having to compete with big companies.

 

[Immilash1]

Small businesses constantly struggle with not seeing or receiving a lot of customer traffic. Since this affects all types of organizations, not just tiny ones, it should be anticipated.

That's true, if you are starting up a business for the very first time,you are going to face a lot of challenges because you have not invested that much.

 

[Joseph555]

effective marketing is one of the primary business issues that small firms confront. When you first start a business, you are not given a notebook with all of the A-Zs of marketing and marketing plan for your company.

 

[Shigobad20201]

That's true, if you are starting up a business for the very first time,you are going to face a lot of challenges because you have not invested that much.

Money challenges is the first problem a small business always faces because there's no enough money to fund the business and secondly , the issue of location is another problem .

 

[Jonaville1]

What challenges do small businesses have in your country? Could be finding people to work for them, or earning enough to cover a living wage. Tell us!

Another challenge that small business can have is not finding the right location for their business and that is why a lot of them tend not to sell very well

 

[Shigobad20201]

Small businesses constantly struggle with not seeing or receiving a lot of customer traffic. Since this affects all types of organizations, not just tiny ones, it should be anticipated.

Getting suitable customers that will continue to patronize you is the first problem with small business , but that can be solved if you keep advertising your business , the second problem is the competition with big business .