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

[Mayox25]

In starting a business some of the hurdles to cross include having the required capital to run the business, getting competent staffs, building customer base for patronage, government regulations.

 

[Ezekiel]

Starting a small scale business does not really involve stress the only challenge is the ability to avoid debt so as to develop the business beyond that level

 

[Good-Person]

I live in a country where inflation is destroying businesses and this is why it has become a very tough to set up even a small business. I am just wondering what will be the situation of my country in the next few years. i can say that money is one of the main problems that is holding people from successfully starting their own business.

 

[Skysaint]

I think I will have to say that the feeling is actually normal. You tend to feel agitated when starting a whole new stuff that you haven't been introduced to before but as a good business man you need to fight of those feelings ad you need to be focused when running your business

 

[Ghost1]

When starting a small scale business the biggest encounter entrepreneur faces is capital. They subject to borrowing from friends and relatives inorder to start

 

[Smiles20]

You should want to take your business processes one step at a time. You should ensure that you get the location of the business very good and where you will be getting raw materials from. Ensure that it is something that your customers will want to pay money for.

 

[YERUS]

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?

Starting a business is usually not easy especially for those who are starting business for the first time.
It is normal to fear for losses, at the same time, it is determination that matters the most.
You have to think of the capital required to start and even the running capital.

 

[Seno inyang]

If you have the capital to start your small business then you have crossed the first hurdle that might have been a challenge to you. Now you have to getbrid of negative thoughts concerning what people may think or say about the type or size of your business because if you sum up courage and are determine to keep pushing it, when you make it you'll begin to earn more of their respects. Stay positive.

 

[kayode10]

You have to pass the hurdles of business registration with the government. You must be frustrated out of the business if you don't make a complete registration of your company with the government.

 

[YERUS]

If you have the capital to start your small business then you have crossed the first hurdle that might have been a challenge to you. Now you have to getbrid of negative thoughts concerning what people may think or say about the type or size of your business because if you sum up courage and are determine to keep pushing it, when you make it you'll begin to earn more of their respects. Stay positive.

you are right.
As a small business owner, you have to first cross the hurdle of obtaining capital for the business.
You also have to deal with the hurdle of competition; ensure to set good strategies to beat competition.

 

[joy101]

Starting a new business you need to plan very well before going into business because is very important to put everything in order, before starting a business.

 

[Adecyptii]

To start a new business is not a small work to do. You must make a great effort to stand and get a customers to be patronizing you. You may face many challenges that will make you feel to quit.

Yes there are a lot of challenges you will encounter as a small business owner, before becoming big business, one is getting the customers that will patronise your goods.

 

[Heatman]

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?

Whether you are starting a small scale business or you are starting a big scale business you would definitely have to struggle or face the challenge of getting the required business capital to start the business.

 

[jay]

Starting any business has it's own hurdles, but since it's a small business the courage to start it is the first hurdle.

Other hurdles includes, getting of clients, discouragement due to size of the business.

You would actually have to secure the money that you need to start the business first before you start working on getting the customers that are supposed to patronize your business product and services.

 

[Godspower]

You would actually have to secure the money that you need to start the business first before you start working on getting the customers that are supposed to patronize your business product and services.

Yes I believe raising sufficient capital is one of the major hurdle a business will face. Capital can help accomplish so many things such as quality products, skilled/unskilled labour, advertisements and marketing and so on.

 

[ganibade]

The hurdles will face challenges when to start small-scale business. They need to undergo some trainings in order to achieve their aims in business transaction. This help them to succeed the business.

 

[Smiles20]

When you're starting a business you have to first of all be sure that the product that you are selling is a quality product and it is one in which your target audience are interested in. If all this is not true then you have to re-evaluate.

 

[Godspower]

I live in a country where inflation is destroying businesses and this is why it has become a very tough to set up even a small business. I am just wondering what will be the situation of my country in the next few years. i can say that money is one of the main problems that is holding people from successfully starting their own business.

Inflation has really put to bed the dreams of many aspiring entrepreneurs in our country. Even when most of them succeed in raising little capital to start a business, the rising cost of goods and services makes production difficult.

 

[Kaffyfolla]

Starting a business is a significant achievement for many entrepreneurs, but maintaining one is the larger challenge. There are many common challenges every business faces, whether they are large or small. These include hiring the right people, building a brand, developing a customer base, and so on. However, some are strictly small business problems, ones most large companies grew out of long ago.

 

[Good-Person]

One of the biggest challenge we face is having no capital at all. You need a lots of capital even if you are willing to start a small business. Not all the people have capital and they opt to take loans. In the end, they usually end up being in a situation where they are not able to avoid bad debt.