What Challenges Do Entrepreneurs Face in Digital Trade?
While digital trade offers many advantages, it also presents challenges:
1. Cybersecurity: Protecting sensitive data from cyber-attacks is crucial. 2. Regulatory Compliance: Entrepreneurs must navigate varying regulations in different markets. 3. Technological Barriers: Not all entrepreneurs have the technical skills needed to leverage digital tools effectively. 4. Market Competition: The global nature of digital trade means increased competition.