- Limitations of funds/finances to start and run an enterprise and can be remedied borrowing funds and getting government incentives
- Competition which can be cubed differentiating your goods and services
- Lack of skills and knowledge/management to engage in entrepreneurship can be remedied training
- Lack of consumer awareness of one’s products/services can be remedied proper advertisements to the right or targeted consumers.
- Poor decision making and long working hours may be remedied employing
- Lack of clear objectives
- Inappropriate distribution channels
- Lack of venture uniqueness
- Human resource related problems
- Lack of entrepreneurial skills
- Lack of know how in technology
- Poor time management
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