WHAT ARE THE BIGGEST THREATS TO BUSINESS?
WHAT’S THE GREATEST CHALLENGE WHEN STARTING A BUSINESS?
70%
Cash flow
54.7%
Start-up capital
32.1%
Marketing ideas
26.5%
Market or demand problems
It came across loud and clear that money is the biggest challenge faced by entrepreneurs.
"The legal work required to set up, maintain, grant, and obtain licences."
~ Male, 25-35, e-commerce
“The amount of time taken to do the business admin.”
– Female 35 – 49, Service-oriented
“The level of difficulty in getting clients and managing finances.”
– Female, 25-24, Service-oriented
“The number of competitors and risks involved.”
– Male 25-34, Service-oriented
“The legal work required to set up, maintain, grant and obtain licences.”
– Female, 18-24, Product sales
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