explain the challenges before small business
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The challenges before small businesses are Marketing problems, Labor problems, and Shortage of raw materials.
What are the challenges before small businesses?
Marketing Problem
- In small businesses, there are many problems like lack of infrastructure and lack of advertising the product
- There is the poor quality of products and also transportation of the product is difficult
Labor Problem
- The skilled laborers are present in a limited amount
- The rate of wages is high
Shortage of raw materials
- There are many problems in transporting products
- The quality of raw material is poor
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