Challenges Faced by New Entrepreneurs

Limited Financial Resources – Difficulty in securing funding and managing cash flow effectively

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Building a Customer Base – Struggles in gaining trust and attracting initial customers in a competitive market

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Time Management – Balancing multiple roles and responsibilities while maintaining productivity

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Navigating Regulatory Requirements – Understanding and complying with legal and industry-specific regulations

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Hiring and Retaining Talent – Finding skilled employees and maintaining a motivated team in the early stages

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