What Challenges Do Entrepreneurs Face When Adapting?
Adapting business practices is not without challenges:
Resource Constraints: Limited financial and human resources can hinder the ability to implement changes. Resistance to Change: Employees and stakeholders may resist new practices due to comfort with existing processes. Market Uncertainty: Predicting market trends accurately to make informed adaptations can be challenging. Technological Barriers: Keeping up with rapid technological advancements requires significant investment and expertise.