Most Common Challenges Entrepreneurs Face and How to Overcome Them
In light of the global pandemic and uncertainty in the UK labour market over the last year or so, the number of people starting their own business or side hustle soared. Entrepreneurship has always been the backbone of the global economy. In fact, small and medium-sized enterprises account for 90% of businesses globally and provide 70% of employment worldwide.
It’s no wonder many of us dream of taking a leap of faith and starting our own business. Research by SME Loans shows that 64% of the UK workforce would like to set up their own business. Sadly, very few do. Here’s the most common barriers aspiring entrepreneurs face in getting started and how to overcome them:
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