Question

2.5 Mention and discuss two challenges that entrepreneurs face.​

Answer 1

Answer: See explanation

Explanation:

Some of the challenges faced by entrepreneur include:

1. Funding/Capital - Most companies begin with a low capital base and over time, this makes it difficult and challenging for them to invest in other areas that'll help their business grow. Accessing of loans can also be difficult for the entrepreneurs.

2. Marketing strategy challenges: Entrepreneurs also face this challenge as some aren't aware and don't have the knowledge with regards to the marketing of their products. A good marketing strategy is essential to improving sales and revenue.