What are the top challenges faced during a Start-up?

1. C
BUSINESS START-UP
CHALLENGES
What are the biggest challenges faced during a Start-up?

2. “Big opportunities come with big challenges and big
responsibilities”
• An opportunity to start your own business is an appealing one but it comes with its own share
of challenges and difficulties.
• A real achievement is not when you can start a business but success rather lies in the challenge
to sustain it.
• Many businesses fail due to poor decision making capabilities and lack of patience, motivation
and dedication.

3. What are the top challenges faced?
If you are thinking about joining this rat-race without realizing the issues you might have to face,
consider the following top 5 concerns faced by a fresh entrepreneur during this trial.
Financial Issues
Time Management Issues
Market Problems
A Weak Team
Legal Issues

4. Financial Issues
• The most common complication faced by young entrepreneurs is when they encounter financial
problems during starting up a business and assume instant profitability.
• A limited budget and a restricted cash flow can be detrimental to your start-up as lack of funds
can contribute to a lot of other issues.

5. Time Management Issues
• A business start-up requires a strong will and tremendous time commitment adding to the
stress and woes of a fledging business.
• Meeting times demands may be stressful for you and may affect your personal life and build up
a pressure on your back.

6. Market Problems
• You may have a remarkably unique idea for a business but it can all go under the drain if you do
not research about the demand and user requirements.
• Launching too early or launching too late may also be contributing factors to the downfall of a
business. They key is to analyze the market situation and work accordingly.

7. A Weak Team
• A business is never a one-man show, your team is going to be your strength in the coming years
and if they don’t hold you up, your business can be severely affected.
• A weak management team with poor strategies and executions will lead to a weaker
infrastructure of your company resulting in low-market value and diminishing revenues.

8. Legal Issues
• Many start-ups fail to survive because of legal challenges, it is essential to be aware of licensing
and permits required to set up a company abiding by the legislative laws of that country.
• Not being able to understand the legal requirements of a certain city, state or country can cause
serious complications for you and your company.

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If you wish to avoid all the hassles involved in starting a business from scratch, consider buying an
existing established business instead!
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