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Well, the problem isn't a long lasting one. Atleast it will make the road more accessible and convenient for more customers and travelers to take, thereby making the public more aware about the business you're currently runningThe biggest challenge I am currently facing in business is my location. The road that link to the location of my business is currently under reconstruction and it limits access of people who wish to patronise my business.
Yes, competition is one major aspect on every business field, and it is something we can't really avoid or run from. I think to make your business stand out more, study your competitions, try to find out the places they are weak at, and improve on those aspects.The challenges depends but to me I consider the rate of competition in my business productions that's alot of company are now producing the same product as I do.
If your business is still new and growing, it then means that you should cut down of the number of employees you currently have to be able let the business grow some more before employing them againAccording to my own point of view, as a businessman the greatest challenges I am facing right now is financial issues, this is because sometimes at the end of the month I find it very hard to pay my workout, this is because my business is still new and growing
This is a very common thing to find affectinost businesses today. We all certainly will need to expand our businesses from the level we're operating now to something bigger but for the lack of fundsThe major challenge facing right now in my business is lack of financially empowerment, my business seems to be very dull because of lack of finance so that is a major challenge I am having right now.
The thing is that some staffs I saw indiscipline in my former place of employment that the owner of the business had to set up some rules of engagement that way the stuff I supposed to be following and it paid off as sanity was restored in the business.Financing my business projects takes the top spot. The projects are capital intensive and no investor as at now. Date has been fixed and I have not been able to come up with half the funds needed to execute the project.
My level of productivity has decreased due to distraction, but I’m working on how to eliminate that.
Do you mind sharing the challenges you’re facing as a business owner? Or would you like to share with us how you’ve been able to solve the challenges you’ve faced as business owner?
If management of a business was the most greatest challenge of most business a lot of people could have succeeded in their business because managing may not actually be difficult. capital is always the most important factors.As a business man your greatest challenge is managing your business to stay afloat and also coming up with content to keep your followers
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