- Limitations of funds/finances to start and run an enterprise and can be remedied by borrowing funds and getting government incentives
- Competition which can be cubed by differentiating your goods and services
- Lack of skills and knowledge/management to engage in entrepreneurship can be remedied by training
- Lack of consumer awareness of one’s products/services can be remedied by proper advertisements to the right or targeted consumers.
- Poor decision making and long working hours may be remedied by 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