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Challenges faced by small businesses.
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[QUOTE="Abigael, post: 267720, member: 25357"] Small businesses may come with so many benefits like enjoying profits alone, ability to be set up at home, running it on your own and being your own boss. But it also comes with it's demerits just like any other thing that has its positives. One of those demerits is that running it alone can make the business owner to be really fatigued. You never get time to rest and you have to come in each and every day if you want to earn something. Also, you will be in so much trouble when you make losses because you don't have anyone to share risks with. So you 2ill suffer through it alone. Thirdly, you will have to pay taxes just like any other business. That can make you make losses since the taxes can take up so much of your profits. Lastly, as a small fish in the pond, a small business faces huge competition with bigger companies. You will have to really know who your customers are so as to set it up where they can access it. [/QUOTE]
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