Most difficult aspect of being a business owner?

[eldavis]

I don't know about other places, but over here the moment they hear you are a business owner, no matter how small or big the business might be, they tend to assume you are rolling in money or you can simply get anything you want. I believe the biggest challenge of owning a business is the decisions you make. Any wrong decision can completely break the business.

 

[nomad]

I cannot speak for others, but for me the main problem boils down to lack of funds for scaling my business and running marketing campaign. Lack of funds is limiting me.

 

[eldavis]

I also face a similar problem, I need more funds to advertise my business. There are so many advertising ideas I want to try but I would be needing funds to do this.

 

[fcbetting]

You don't have typical work hours. In start you will work much more and it will last until your company don't grow enough to have somebody who can lead your company while you are not there.

 

[Springtime]

I think some of the challenges include lack of resources and the ability to get customers. Getting the right talents to work for your business is also a challenge. Running a business requires long term commitment and persistence.

 

[Ratine]

There are some challenges with the ownership of the businesses. The sad part of that is the suffering of the business losses and the financial constraints that face the business.

 

[olaniyi]

The major two aspect I consider difficult for a self business is that one, you have to make the best t decision yourself because you suffer the implications most. Two,any failure in any department may coat your business

 

[Starmix]

The most difficult aspect of business is low sales. If you cannot market it well, never expect a good income from your business. The location of your business also matters. You will face difficulty of there are only a few people around your neighborhood.

 

[Stardom22]

Doing business activities in the ravaged economic environment seems very devastating most of the times. This is because the business would be straining towards achieving it's set goals and objectives.

 

[flower]

Being a business owner is a very difficult task because it requires a lot of planning and you also need to have enough experience on how to manage business before you can succeed in it.

 

[Starmix]

It's difficult for a business owner to decide something when sees his business sinking. It's hard to tell the workers that he may layoff some of his workers in case low sales happen successively.