Demerits of indigenous business

[Axis]

due to the presence of indigenous business in a country discourage investment from others in a particular country because the operations of the business are being handled and operated by the indigenes. the rich can use their wealth and money to buy this business enterprises and therefore it can minimise or Hinder the circulation and the equality of money among the people in a particular country.
indigenisation can lead to disharmony and disunity or disagreements among countries of the world in the worms heart can be diminished due to indigenisation and if most times can result to international warfare.

as a result of indigenisation businesses can be transferred or given into the hands of people who are not experience or less competent enough to handle such a business and therefore it can close down crumble and destroy a business that once had it value.
foreign investors can be forced to relocate to other countries as a result of indigenisation in a country.
due to the corruption in a country when those who are financially wealthy and Rich now take over the business they can be greedy and hinder the circulation of money in the economy thus living to low standard of living and even hunger

 

[Jasz]

Indigenous businesses, also known as small, locally-owned businesses, can face a number of challenges and limitations. One major disadvantage is limited access to financial resources and capital, which can make it difficult for these businesses to expand and compete with larger, well-established companies.

Another disadvantage is the lack of economies of scale, which can make it difficult for indigenous businesses to produce goods and services at a lower cost than larger companies.

Indigenous businesses may also lack the technological resources and expertise needed to compete in today's global economy. They may also find it difficult to navigate the legal and regulatory environment, which can be complex and challenging.

Additionally, indigenous businesses may face challenges in terms of marketing and branding. They may not have the same level of visibility and market awareness as larger companies, which can make it difficult for them to attract customers and build a loyal customer base.

Furthermore, indigenous business may face challenges in terms of recruitment, retention and management of employees, as they may not have the same level of resources and support as larger companies.