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Business strategy
challenges small businesses face.
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[QUOTE="Axis, post: 269955, member: 66672"] small businesses are businesses that requires low amount of capital for its establishment. and the number of workers required in participating in the small business can be few or even one. but there are some certain challenges small businesses can face. due to the fact it is a small business it will rarely gain recognition by consumers. sometimes the consumers prefer that says it is a small business the goods and services that they give out will also be small or inferior. and because of these they navigate their demand towards large scale businesses. small businesses can mostly be found in rural areas areas that are not developed. and sometimes small businesses might not purchase up to the amount a consumer might demand for her because of this they will lose customers or clients. small businesses usually end low amount of profit or income and sometimes if it is not easily manage such business can crumble faster. due to the low amount of goods and services produced or marketed in a small business this will also produce low amount of income or profit. and most times government do not usually support small businesses by investing on them due to their low capital or assets. small businesses are limited to an extent there is a stage in which small businesses might not be able to reach and so because of these it can also limit the growth and development of such a business. these and many more are the challenges small businesses face. [/QUOTE]
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