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Business strategy
What are the challenges in starting a large scale business.
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[QUOTE="Axis, post: 339142, member: 66672"] There are so many larger scale business in the world today and there are so many business ideas that initially should be established in larger scales if they want to succeed and prosper. For example if we consider an individual who want to establish an automobile stall, this kind of business should obviously be established in a larger scale due to the opportunities and to have vast the market for this kind of product is. In establishing a large scale business there are so many challenges that may come about which a business owner must be aware of and must learn how to tackle. Insufficient capital could be a starting point of some of the challenges faced by larger scale business owner or individuals intending to establish business, inability to make good managerial judgment or possess good organizational skills could be another challenge. Government involvement and tax payments can also be another problem for larger scale business, finally competition can be a problem as well. [/QUOTE]
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What are the challenges in starting a large scale business.
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