Question

why does small business lack managerial skills
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Answer 1

Answer:

It is equally evident that small businesses are constrained not only by financial factors but also specifically by non-financial factors such as lack of education, inadequate technical skills, poor access to markets, lack of information and unreliable infrastructure.

Answer 2

Explanation:

Why does small business lack managerial skills?

‌$\huge\fbox\red{Answer}$

A business operated on a small scale does not consists of people having managerial skills. Many of these people posses sound technical knowledge; however, they are not good in marketing the output. Also ,it becomes burdensome for them to take care of all the functions at the same when they don't have enough knowledge of the same.