Suggest the most significant challenge that entrepreneurs may encounter when growing a business. recommend one (1) strategy that entrepreneurs could use either to manage or minimize the suggested challenge. provide support for your recommendation.

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20-01-2018
Business

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Suggest the most significant challenge that entrepreneurs may encounter when growing a business. recommend one (1) strategy that entrepreneurs could use either to manage or minimize the suggested challenge. provide support for your recommendation.

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kat37791p2k4x1 kat37791p2k4x1 · Answer 1 · 2018-01-20T06:15:05+01:00

kat37791p2k4x1 kat37791p2k4x1

20-01-2018

competition. try to be the only one selling that thing, or try selling something no one would think of, so that u don't have competition.

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topeadeniran2 topeadeniran2 · Answer 2 · 2022-03-09T14:54:06+01:00

The main challenge that an entrepreneur can face when developing a business is lack of funds.

Who is an entrepreneur?

It should be noted that an entrepreneur simply means the individual who owns and control a business.

In this case, when one is developing a business, the individual can have financial difficulties and this can be minimized by collecting loans.

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