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[QUOTE="EKUSANI, post: 297538, member: 38603"] Lack of funding: Entrepreneurs may struggle to secure funding, especially if they lack a solid business plan and financial projections. Competition: The market may be crowded with established players, making it difficult for new businesses to gain traction. Uncertainty: The entrepreneur may face uncertainty about the viability of the business concept, market demand, and the ability to execute the business plan. Cash Flow: Growing businesses often require significant investments in marketing, product development, and hiring personnel, which can put pressure on cash flow. Scaling Operations: As the business grows, the entrepreneur must build a scalable infrastructure to support the increased demand for products and services. Attracting and Retaining Talent: The business may struggle to attract and retain skilled personnel, especially as the competition for talent increases [/QUOTE]
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