Limitations of entrepreneurship

Entrepreneurship-and-Communication-Skills-notes
  1. Its characterized risk and uncertainty or there is no guarantee of success or failure
  2. Lack of wealth and investment if there is failure of such a business especially at the start of stage
  3. There is long hours and hard work is involved especially at the start up stage
  4. It may lead to low quality of life if not successful
  5. There is difficulty in decision making as it is hard to establish a clear reporting structure in a small business and it’s expensive to acquire expatriate advice.
  6. There may be discouragement or frustration which may cause loss of direction.



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