What are the Challenges in Environmental Management for Entrepreneurs?
Despite its benefits, environmental management can pose several challenges for entrepreneurs:
Initial Costs: The upfront investment required for sustainable technologies and practices can be significant. Lack of Knowledge: Entrepreneurs may lack the expertise needed to effectively implement and manage sustainability initiatives. Market Pressure: The demand for lower prices can make it difficult to justify the costs associated with sustainable practices. Regulatory Complexity: Navigating the complex landscape of environmental regulations can be daunting.