Question

Visit a newly started small business in your neighbourhood and interview the owner. Prepare a report on how he/she decided to start the enterprise and the difficulties he/she faced. Also include steps taken by the owner to overcome them. Discuss the findings in the class.

Answer 1

So, what are some of the challenges of starting a business? In this blog, you'll learn some challenges faced by entrepreneurs and how to overcome them. Some of thesechallenges include money, time, competition, team building, cash flow and lack ofplanning.Aug 9, 2018

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Answer 2

Answer:

successful small business ownership. to start the enterprise

Step 1: Do Your Research. ...

Step 2: Make a Plan. ...

Step 3: Plan Your Finances. ...

Step 4: Choose a Business Structure. ...

Step 5: Pick and Register Your Business Name. ...

Step 6: Get Licenses and Permits. ...

Step 7: Choose Your Accounting System.

Explanation:

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