These challenges includes but not limited to the 4 points mentioned in the post.
Lack of initial capital
Lack of enabling environment due to bad government
Taxes issues
Hurdles to get a business loan
4/5
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Your points are clear and very true... To be able to manage business in Nigeria, you need to be more strategic in whatever you are doing because the economy will not take it easy on you.
Lack of capital and passion for business is another challenge
Capital is really a big challenge to start a business. As for the role of government, they are only good in rhetoric to provide a thriving environment for entrepreneurs, but their policies particularly taxation tell us otherwise.
Capital is really a big challenge to start a business. As for the role of government, they are only good in rhetoric to provide a thriving environment for entrepreneurs, but their policies particularly taxation tell us otherwise.