While aiming for sustained growth, entrepreneurs may face several challenges, including:
Market Saturation: Entering a saturated market can limit growth opportunities and require more innovative approaches. Resource Constraints: Limited financial and human resources can hinder the ability to scale operations effectively. Regulatory Hurdles: Navigating complex regulatory environments can be time-consuming and costly. Economic Fluctuations: Economic downturns can impact consumer spending and business investments. Operational Inefficiencies: Inefficiencies in processes and systems can slow down growth and increase costs.