What Are the Key Challenges for Service-Oriented Ventures?
While service-oriented ventures have numerous advantages, they also face unique challenges: - Scalability: Unlike products, services often require a proportional increase in workforce to scale. - Quality Consistency: Maintaining a consistent quality of service can be challenging as the business grows. - Customer Retention: Building long-term relationships with clients is crucial but can be difficult. - Technology Integration: Leveraging technology to enhance service delivery is often essential but can be complex.