What are the Challenges Entrepreneurs Face in Promoting Decent Work?
Several challenges can hinder entrepreneurs' efforts to promote decent work:
Access to Finance: Limited access to funding can restrict an entrepreneur’s ability to scale their business and create more job opportunities. Regulatory Hurdles: Complex and burdensome regulations can make it difficult for entrepreneurs to start and sustain businesses. Lack of Skilled Labor: Entrepreneurs may face difficulties in finding employees with the right skills, which can affect productivity and working conditions. Market Competition: High competition can force entrepreneurs to cut costs, sometimes at the expense of fair wages and working conditions.