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Thursday 7 September 2017

Barriers to Entrepreneurship

Main obstacles and barriers when starting a business:

1. Cultural barriers



Not everybody has the ability to take a risk - many people value the security of a good job or regular income. 

Why do you think this is?

Entrepreneurship can lead to failure.


Does society view failure as a mistake? 

Do you think this acts as a barrier to enterprise?

2. Lack of knowledge or experience.

What skills do you need to become a successful entrepreneur?

Where and how would you learn them?

3. Rules, tax and legislation.

For example - running a business from home. Details here.

4. Financial barriers.

If you do not have the necessary finance - what can you do?