Question

What challenges do many entrepreneurs face when starting a business? Choose three correct answers
changing government policy
finding resources and equipment
repaying investors in the first month
securing money needed to start the business
Osetting the correct price for the market
upgrading office computer systems

Answer 1

Final answer:

Entrepreneurs face challenges in securing funding, acquiring resources, and pricing their products effectively.

Explanation:

Securing money needed to start the business is a common challenge for entrepreneurs as they often need to find sources of capital to fund their ventures. Finding resources and equipment is essential but can be a hurdle due to costs and availability. Setting the correct price for the market is crucial for success and can be a challenge in determining a competitive yet profitable price point.

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