Problems that a new business may face

IB Business Management: Problems that a new business may face

Problems that a new business or enterprise may face (AO2)Problems that new businesses may encounter include the following:Lack of finance – Many new businesses lack the necessary finance to have sufficient liquidity to run the business on a daily basis (such as paying wages and utility bills). Financial problems are a major problem for many start-up businesses. In some cases, the lack of sufficient working capital...

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