7-Challenges that new business may face

Question 1

what are the Challenges that a new business may face

Answer 1

1-Organization (location, structure of the business, unreliable supplies)
2-market research (poor, weak channels of communication, Inappropriate target market)
3-Business plan (unclear or Contradicual objectives, cannot convince)
4-Legal requirements finance (tax or labor laws were not addressed, difficulty in registration)
5-finance
6-The market