Resources
Biggest problems faced by small business owners
Small business is the backbone of the economy, they create jobs, lead innovation and increase economic diversity. It is now more important than ever that we support small business owners and help them transition to the next level.
Below is a list of the biggest problems small business owners face in the current climate.
- Not enough time!
- Can’t attract/retain customers
- Not enough meaningful connections
- Not productive enough, bogged down in day to day issues
- Not enough profit
- Cash flow
- Inadequate systems and processes
- Marketing not effective
- Struggling to innovate
- Failing to implement strategies
- Can't engage/motivate staff
- Can't grow the business
- Tiredness, fatigue
- Not delegating enough
- Too many overheads
- Dependent on a few big clients
- Business totally dependent on founder