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What are the biggest challenges faced in business today?
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[QUOTE="Axis, post: 285227, member: 66672"] Managing and operating a business is not all smooth and plain because there are some rough areas in managing and operating a business. Some of the challenges that majority of business owners and business operators nowadays do face is the problem of being threatened by the government, the government may issue high tax on small and infant industries and business organisations who are trying to grow and this totally suppresses their progress and the ability of growing successful. Secondly the problem of competition among small-scale businesses have totally grown wild and it is totally obvious to see two or more small-scale business is being established in a particular location there by bringing in some sort of competition between them all. Are the problem faced by businesses today is the problem of insufficient and inadequate financial funds to facilitate or to grow the business. Businesses itself need money for financial facilitation such as payment of employees or expanding the business inventory of stock as to meet more greater needs of customers and clients, but when the available financial funds is not enough this can totally be a very big problem for most of growing and small-scale businesses. [/QUOTE]
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What are the biggest challenges faced in business today?
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