What are the hurdles one needs to cross when starting a small scale business?

[Setho]

You will have to look for a way to stay consistent with your business especially in a world where they are always inconsistent government policies and uncertainties.

 

[Ceeny007]

I think one has to first overcome the "small" syndrome,see and accept the business as a major problem solver take accurate steps

 

[Blessingedidiong]

Starting a business is not a child's play. It involves so many things like securing a good location for the business,raising capital for the business,be ready to take risks for the business either selling on credit or taking a loan(which is not so advisable). Another thing is improving the quality of your product to gain customers' approval and recommendation.

 

[JoeTom]

To start any business most especially small scale business, please try to let go discouragement, fears of the unknown & lost of focus

 

[Kelly5]

There is the huddle of not getting patronage for your small business from customers. You shouldn't get worried too much about it because it is something common with newly established small businesses

 

[Senator]

When starting a small business, there are hurdles one will cross before really making it properly. There is the question of where to site the business actually. If tiubdint get this right, it will cost you a lot in the coming days into your business

 

[Tracee]

Finance, Time and Location determines the success rate of every business, you might have the finance but them not have the right location for that business.

 

[Sotherefore]

It will be very easier to you if you have a good understanding of the business you are starting, this will even make the business to be very simple even when you have not done it before. get yourself educated and understand what the business require from you.

 

[Kubiat-Abasi]

Both small and large scale businesses have their hurdles. The hurdles of small scale business is; competitive market, low patronage and limited profit.

 

[Maayong]

1. You have to be committed to your work
2. You have to be patient
3. You have to be social
4. You have to take your business as your top priority

 

[Jhayms07]

The factors that should be considered when trying to establish or open a new business are much but I will list some here such as
• Place and location:you must have evaluated the environment, the right place and have good quality products.
•your price and quality of your product: you must ensure that your price is fair and you are selling the best quality at the right price too.

I agree with you. The location of a business is very key and one of the most important factor when starting up a business. The price and quality also. One thing again is that little spark of uniqueness that makes your business different

 

[Ralphjoe]

Starting a business for the first time can be a huge challenge for many people. Before starting any business, fears of whether the business will succeed or not and doubt about our capabilities to start the business arise.
What can we do to make it easier for us when starting a new business?

One of the biggest hurdles that most business managers need to cross when starting a small business is having to plan the business for growth and expansion. This is manifested in the amount of land that the business is situated on which type of building that the business is operating in having provision for expansion.

 

[Skysaint]

Most times it actually the pressure you have to face from your business competitors who actually did start theirs as a large scale business and posses some interesting features that your small scale business still lacks

 

[Sotherefore]

Some smaller business are really easy to start most specially those that require the most smaller capitals, personally I won't even consider to start a small business because I consider it as a waste of time.

 

[Thinker009]

I think you need to consider the location of where you are building the business as it's very important to note that , because it's part of the determinant to the sucess of the business

 

[Shigobad20201]

Starting a business for the first time can be a huge challenge for many people. Before starting any business, fears of whether the business will succeed or not and doubt about our capabilities to start the business arise.
What can we do to make it easier for us when starting a new business?

In my own opinion , the only hurdle you need to cross as a small scale business after establishing the business is how to get customers to patronize you because without patronising of customer , the business will go into extinction.

 

[kayode10]

People are the hardest thing to manage when it comes to building business. People are naturally lazy and they will look out for a way to cheat the system. If care is not taken some of them can steal from the company's resources.

 

[Toyoabasi]

Starting a business for the first time can be a huge challenge for many people. Before starting any business, fears of whether the business will succeed or not and doubt about our capabilities to start the business arise.
What can we do to make it easier for us when starting a new business?

When starting a business, keep your head high and fingers crossed.
There's no how one can avoid facing risks in business, so make it easier for yourself by opening up to whatever comes. It is the steps you take towards it that matters.

 

[Godspower]

Some of the hurdles affecting small scale businesses include lack of capital and poor advertisement and marketing strategies. Unfavorable government policies can also prevent a business from growing.

 

[Justin]

Small scale business means starting a business with small capital. If you already have funds, there will not be any problems, but if you do not have funds to start a business you will first have to build funds.