Most small businesses collapse within the first three years of their commencement due to various challenges.  Using a small enterprise of your choice explain two challenges that face the small business in Kenya

Q: What are some of the reasons why many small businesses fail?

A:

Q: What is your understanding on the word entrepreneurship? How Entrepreneurs contribute in boosting…

A: An entrepreneur can be referred as an individual who with his problem solving ability, analysis the…

Q: 1. If you will become an entrepreneur someday, what do you prefer licensing or franchising?Justify…

A: 1. If I becomes an entrepreneur someday, then I would prefer franchising over licensing due to…

Q: Entrepreneurs are made, not born. True or False

A: An entrepreneur is an individual who conceives the business idea and has the skills and capabilities…

Q: How financial help is provided by SBA to small businesses?

A: If you're thinking about starting or growing a small business, the Small Business Administration…

Q: Assume that you wish to become an entrepreneur and plan to start a new business venture.  You have…

A: The pandemic of Covid has forced the business organizations across the world to redefine their…

Q: Briefly describe four contributions of small businesses to the American economy.

A: Before we get into the role of small businesses in the US economy, it's important to define the term…

Q: apital for small

A: A small enterprise is a venture where the interest in plant and apparatus is more than Rs. 25 lakh…

Q: How are you going to use your skills in pursuing entrepreneurship as a career?

A: Business is an activity of making money or one’s living by producing some products or services or…

Q: Part 1: Based on the Forbes column from the readings list and any other resources you would like to…

A: Small company is characterized as an exclusive organization, association, or sole ownership that has…

Q: How do you understand entrepreneurship undertakings and marketing contributions to the economy?…

A: The entrepreneur is the person who starts their own business by taking the risk. The entrepreneur…

Q: Entrepreneurship is key to creation of wealth in any economy. Highlight ten areas that…

A: “Hi and thanks for the question, as you have asked for multiple questions at a time, we will be…

Q: Give examples of how small businesses fill needs of society and other businesses.

A: Corporate social responsibility refers to the initiative that is taken for the welfare and progress…

Q: d. Briefly discuss 5 key challenges that an entrepreneur in Oman encounters in setting-up and…

A: Small company is characterized as an exclusive enterprise, association, or sole ownership that has…

Q: What are the major advantages and disadvantages of smallness in business?

A: A business is defined as an enterprise or organization engaged in commercial, industrial or…

Q: business

A: A business or an enterprising person engaged in commercial, manufacturing, or professional…

Q: Why does the SBA concentrate on providing management and financial assistance to small businesses?

A: The SBA  are more concentrated on providing management and financial assistance to business because…

Q: Explain the importance of Small Business in our Economy

A: Small Business, new businesses give work freedoms to neighbors and local area. It makes a greater…

Q: entiate between partnership and sole proprietorship form of business. Explain briefly, in your…

A: A sole proprietorship is a sort of unincorporated element that is claimed by one individual in…

Q: How do I build my business up

A: The business word could be defined as the sumed up events of events of production, distribution and…

Q: Describe some of the reasons why entrepreneurs and small businesses fail

A: An entrepreneur is a person who decides to initiate his business by taking risks. Large businesses…

Q: what is Other sources of entrepreneurial funding in Malaysia.

A: 1. Government grants and loansGovernment offers and loans appear to be the pinnacle desire for many…

Q: Explain the importance of small businesses in our economy

A: A small business refers to a venture or an establishment that hires a few workers. Its turnover is…

Q: : What are some of the financial challenges of small business in UAE?

A: Small business can be in the form of sole proprietorship or partnership. A small business have less…

Q: Why does the business go bankrupt? What do you think are the main reasons for the failure of many…

A: Bankruptcy can be explained as the legal proceeding that takes place when a person or business is…

Q: Briefly discuss 5 key challenges that an entrepreneur in Oman encounters in setting-up and running a…

A: Entrepreneurship is defined as the application of one's skills with the motive to run their own…

Q: Critically analyze the Characteristics that improve to become a successful entrepreneur.

A: The characteristics that improve to become a successful entrepreneur are as followed 1- Ability to…

Q: Describe the traits found in successful entrepreneurs.

A: Introduction Entrepreneurs are the creators of a new startup. They are defined as an innovator, they…

Q: Discuss the main differences between an entrepreneur and a small business owner

A: Entrepreneurship involves creating and developing own business with the motive of earning profit and…

Q: . _______ Manju asks for your advice in opening a newbusiness. She plans to provide tax-related…

A: Business structure discuss about legal formation of the business that gives it benefits in terms of…

Q: Explain and give 4 examples of challenges faced by small business in the era of COVID-19

A: Challenges faced by small businesses in the era of COVID – 19 are listed below: Small businesses…

Q: Roxanne Quimby met Burt Shavitz at his roadside honey stand in Maine. Twenty years later, a…

A: In the given case Roxanne Quimby runs a company named as Burt Bee that is known for natural, earth…

Q: True or false? Entrepreneur are bankers who lend money to individuals to start business

A: Entrepreneurs are the people that have a business idea to transform it into a business and their…

Q: How franchising a small business can affect the total profit and growth of the business

A: Franchising can be explained as the method through which the company or organization tries to…

Q: entrepreneurs overcome problems

A: The main aim of an entrepreneur is in starting the business and expanding the business later on in…