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What are the barriers to an entrepreneurship?

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GAURI SANKAR Posted

What are the barriers to an entrepreneurship?

0
GAURI SANKAR

The following are the barriers to an entrepreneurship:·      

Many entrepreneurs fail due to several barriers and problems and the following are found to be some of the barriers to any entrepreneurship:

01. Lack of viable concept

02. Lack of knowledge about the market

03. Lack of technical skills

04. Lack of seed capital

05. Lack of business knowhow

06. Complacency and lack of innovative ideas

07. Social stigma

08. Time pressures and distractions

09. Legal constraints and regulations

10. Monopoly and protectionism

11. Inhibition to mingle with people

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